Cable Forum - Football Season 2016/2017

Chinese party approach Mike Ashley to buy Newcastle United. Mike Ashley is weighing up his options. This isn't rumour I'm afraid, sources have it as a serious possibility and are awaiting updates.

Was only a matter of time before they stopped buying the players and just outright bought a club.

- Talks have progressed for months and papers already have it as Ashley selling the club and finalising the deal. Nothing about the party is known except they're said to be filthy rich and had no issue putting up the money for the club. Other sources claim the party are willing to invest massively in the club rather than buy it outright if Ashley won't sell.

Quote:

Newcastle unveil £24 million deal with Fun88 (Chinese Sponsor) as the Chinese continue their inroads into the Premier League.

The above was the deal last month, what I didn't quote was the 'rumour' at the time that it was a sweetener for a Chinese Owner, because I thought it was just gossip.