Mike Ashley bids farewell to Newcastle and says best owners were selected for the club #NUFC #NUFCTakeover

Former Newcastle United owner Mike Ashley has broken his takeover silence and claimed he turned down a ‘higher offer’ for the Magpies.

Mike Ashley said “I would like it to be known that I received a higher offer for the club than the one that I accepted. It was from another reputable bidder, who made a credible case. But I felt the bid that we accepted from the current new owners would deliver the best for Newcastle United. Money wasn’t my only consideration. There were times when I stepped in financially to keep Newcastle United afloat. We ensured the wage bills were paid when we went down in order that we could bounce straight back up. Nobody was happier than me when we achieved immediate promotion.”