Ashley to invest Au20 million in Newcastle.Summary: Newcastle Newcastle, city, Australia Newcastle, city (1991 pop. 262,331), New South Wales, SE Australia, on the Pacific Ocean. It is the center of one of the country's largest coal-mining areas and is a large port. Coal, wool, iron and steel, and wheat are exported. owner Mike Ashley Mike Ashley could refer to:
Newcastle owner Mike Ashley has pledged to invest Au20 million back into the Magpies after he took the Championship club off the market. In a move to bring some much-needed stability to St James' Park This article is about the stadium in Newcastle. For the park in London, see St James's Park. For the football stadium in Exeter, see St James Park. St James' Park , Ashley also confirmed Chris Hughton Christopher William Gerard "Chris" Hughton (born December 11, 1958 in Stratford, England) is an English-born Irish former footballer and is Assistant Manager of Tottenham Hotspur. as permanent boss on an 18-month deal. Ashley had spoken to a number of prospective buyers for Newcastle in recent months without being able to close out a deal. The club revealed on Tuesday that the most recent of those bids from Barry Moat had fallen through after he failed to come up with the price of Au80 million. That latest failure prompted Ashley to take the club off the market with the owner also promising to reinvest re·in·vest tr.v. re·in·vest·ed, re·in·vest·ing, re·in·vests To invest (capital or earnings) again, especially to invest (income from securities or funds) in additional shares. in the club as they bid to return to the Premier League at the first time of asking. The Magpies currently sit top of the Championship table despite a quiet summer transfer window and could be strengthened in January following Ashley's money pledge. Independent Television News Limited 2009. All rights reserved. Independent Television News Limited 2009. All rights reserved. Provided by Syndigate.info an Albawaba.com company |
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