Mike Ashley-backed online retailer file for administration
Studio, which has Mike Ashley's Frasers Group as its biggest investor, failed to secure an urgent £25 million loan.
Studio, which has Mike Ashley's Frasers Group as its biggest investor, failed to secure an urgent £25 million loan.
Newcastle United Football Club has confirmed the removal of the blue and red signage, which has hung in prominent place throughout Mike Ashley's reign.
For many fans, the takeover isn't just about Saudi riches. It's about the end of an era marred by relegation, low investment, and underwhelming performances.