Newcastle’s potential takeover

Mike Ashley’s reign On 23rd of May 2007, Mike Ashley bought a 41.6% share of Newcastle United for £55,342,223, this equated to £1 per share. By the 15th of June the same year, Mike Ashley’s stake had increased to 77.06% of the Magpies but by July he owned 100% of the club. Mike Ashley payed …

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