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Mike Ashley 'agrees fee' to sell Newcastle as former Rangers shareholder enters advanced talks to leave
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dailyrecord.co.ukNewcastle United owner Mike Ashley is close to finally agreeing the sale of the club - according to a report. Documents from Companies House emerged on Tuesday showing legal framework being put in place for the deal to be done.Sky Sports report that PCP partners have been in talks with Newcastle since January and the deal is edging closer.
PCP will hold 10 per cent of the shares while The Saudi Fund, controlled by Prince Mohammed bin Salman, will own the majority of the club.Billionaire brothers David and Simon Reuben will also hold shares in the club if the deal is ratified by the Premier League.
Former Rangers shareholder Ashley has been criticised by Newcastle fans during his 13-year tenure in charge of the club and the Sports Direct
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