Mike Ashley will still bank a sum in the region of £17million if Newcastle ’s proposed takeover fails to go through. Reports suggest a Saudi Arabian consortium led by Amanda Staveley are on the verge of relieving Magpies fans of Ashley’s wretched ownership, with the unpopular British tycoon accepting a £300m offer to sell the club.

Staveley and her partners, the Public Investment Fund of Saudi Arabia and the Reuben brothers, are now awaiting Premier League approval in order to seal the deal.

But according to the Daily Mail , Ashley will still pocket £17m even if the sale doesn’t go through. The original deal to buy Newcastle was reportedly valued at £340m, meaning the consortium were required to pay Ashley a five per cent deposit when

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Olympic ski jumpers slam officials after 5 female skiers get disqualified over outfits

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Mike Ashley - Amanda Staveley - Manchester United and Man City urged to block Newcastle takeover by key Premier League rights holder - manchestereveningnews.co.uk - Usa - city Manchester - Qatar - Saudi Arabia - city Man

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Manchester United and Man City urged to block Newcastle takeover by key Premier League rights holder

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Mike Ashley to 'bank £17million' from Newcastle sale - even if deal does not go through

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