Mike Ashley is no longer Newcastle United’s owner, know about the sale of his football club, his net worth and biography
The English Premier League Club has finally been sold in a dramatic 305m pounds deal to a Saudi-Arabian led consortium.
Mike Ashley Football Club, Newcastle United Sale
After 14 long years as the club’s owner, Michael James Wallace Ashley, a British retail entrepreneur focused in the sporting goods market is no longer Newcastle United’s holder. Fans are more than glad to see Ashley leave as they blame him for Newcastle’s downfall during his 14-year tenure.
Ashley was hated by the club’s fan- base which is why they celebrated the news of his departure from the club on Thursday. He was highly criticized for his lack of investment in the club and it’s playing squad. Now that the Saudi-Arabian led consortium has taken over Newcastle, the Magpies are back on track to make Newcastle United one of the most famous clubs in United Kingdom.
Who is Mike Ashley, Biography And Business
Founder and Chief Executive Officer of UK Sports Direct, Ashley opened his first sports and ski shop in 1982 with a loan from his family. And within 8 years he had 100 stores rebranded as Sports Direct across all of UK.
Born in Walsall, the retail tycoon is a former squash coach as well.
Mike Ashley Lifestyle
Like most billionaires, Mr. Ashley is one to enjoy a lavish lifestyle with his property portfolio including a 33- bedroom London House priced at 12m pounds, along with holiday homes in Spain and Miami.
Mike Ashley Family
Ashley has three children with his ex-wife Linda: Anna, Ollie and Matilda.
Companies owned by Mike Ashley
Along with his Sports Direct shops, Ashley has acquired other companies as well. Companies like Donnay, Lillywhites and Lonsdale were taken over by Ashley when they were going through some serious financial difficulties.
Ashley then went on to buy Carlton, Dunlop, Slazenger and Karrimor in 2004. Soon after, he proceeded to buy Campri, No Fear, Kangol and Firetrap among others.
Mike Ashley Net Worth
Mike Ashley’s net worth as of 2021 is 3.10 billion USD.
Mr. Ashley had bought Newcastle United Football Club in June 2007 for a total of 134 million pounds and now, he has sold the club for a whopping 305 million pounds to the Saudi-led consortium fronted by British businesswoman Amanda Staveley.
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