Mike Ashley has been urged to put the £17m deposit he banked from the failed takeover into Newcastle community projects. The only winner in the debacle, which saw the Saudi Public Investment Fund pull out of a £305m deal, is Ashley.
He pockets the non-refundable deposit from deal maker Amanda Staveley, paid up front in April for exclusivity and to guarantee the deal would be completed.
His bonus could be put to good use around the city. The Newcastle West End Food bank feeds 1,500 families a family of four for £5.
The £17m would keep them going for 43 years. The Newcastle United Foundation, the club's community charity arm, could also be funded, and a new HQ, already in the pipeline, paid for.
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