Secretive billionaire wants to buy Newcastle soccer club
May 24, 2007 1:09 am
One of Britain’s wealthiest and most secretive businessmen yesterday launched a surprise £133.1m takeover bid for Newcastle United. Billionaire Mike Ashley, had bought 55.3 million shares from the club’s biggest shareholder and life president Sir John Hall at 100p each. Ashley is 42-year-old self-made man with an estimated fortune of £1.9bn. He controls a growing empire via his Sports World International group, which includes the Sports World and Lillywhites retail chains.
Read the rest of story in Independent:
http://sport.independent.co.uk/football/premiership/article2578422.ece
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