Newcastle owner Mike Ashley insisted Thursday he has no intention of selling the Premier League club despite appealing for new investors.
Recent reports claimed Ashley was keen to off-load Newcastle, with an American investment group and a company owned by relatives of Osama bin Laden both linked with bids.
Ashley's Sports Direct empire saw profits for the year to April halved after a drop in sales, fuelling speculation he needed to cash in on Newcastle.
But, asked about any plans to sell the club, the billionaire told the Evening Standard: “That is not true. I would say that I am keen to have partners in Newcastle. That's a very expensive seat I sit in.”
The Saudi Binladin Group, run by Osama bin Laden's half-brother Bakr bin Laden, have distanced themselves from Al-Qaeda but Ashley still gave short shrift to that link.
“I think I'll start with people from Newcastle, not in some cave in Afghanistan,” he said.
- Soccer News Like
- Be the first of your friends!