Date: 5th March 2019 at 7:45am
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Newcastle’s ownership has been a problem for years, with Mike Ashley continually failing to invest adequately in the squad. That, you could argue, is perhaps the main reason why the club have been stagnating in the Premier League as of late. 

Unfortunately for fans, though, it doesn’t look like the drama surrounding the ownership of the club is going to slow down anytime soon.

That’s because, according to the Chronicle, Mike Ashley has pulled the plug on the prospect of Peter Kenyon taking over the club owing to a lack of progress.

The good news for Newcastle, however, is that the club is apparently still for sale; and so there’s always a chance that someone else could come in and attempt to take the club off of Ashley’s hands. 

Of course, it’s been on the market for a while now, and so far we’ve had no luck, but at least Ashley isn’t giving up.

The last thing we need is for the owner to lose his patience and simply give up on selling. So at least that’s not the case.

That said, there’s clearly a lot of progress that needs to be made with any prospective buyers before they get close to securing the club. That means that, realistically, we won’t be looking at a takeover anytime soon.

Yet more frustration is on the cards, it seems. Suddenly the summer transfer window isn’t looking as exciting.


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