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  1. ITV Report

Mike Ashley to sell Newcastle United - reports

Is Ashley set to sell NUFC? Photo: PA

Speculation is mounting over the future ownership of Newcastle United following takeover claims from the Middle East.

So far the club has refused to confirm or deny reports that Mike Ashley is set to sell the Magpies for £350 million.

Reports claim that Sheikh Khaled bin Zayed Al Nehayan is ready to buy the club.

Mr Ashley, who bought a controlling stake in the Premier League club in 2007, has tried to sell Newcastle previously but has never agreed a deal with any interested parties.

"Polite no comment"

– Newcastle United

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