Mike Ashley Sets Price Tag of £480m for Newcastle
Filed under: Billionaires, Mike Ashley, Newcastle, Owners
More Newcastle United chatter. Looks like there are two Dubai companies interested in taking Newcastle off of Mike Ashley’s hands. ESPN is reporting that Zabeel Investments and DIC seem to be the two firms expressing interest in Newcastle, although the current price tag seems incredibly inflated. I said it earlier, but it seems that soccer clubs are the new trophy wives for the super super rich.
A good article in London’s Financial Times about the current environment regarding the sale of clubs to “trillionaires”:
http://www.ft.com/cms/s/0/2b5b6da8-7b77-11dd-b839-000077b07658.html