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Ashley will keep hold of Newcastle with new TV deal looming

Newcastle United owner Mike Ashley has no plans to sell up with a new TV contract on the way.

The Journal says Ashley's grip on Newcastle United is unlikely to loosen anytime soon - with developments of a £4billion TV jackpot soon to unfold.

It has now emerged that as long as the owner is making a profit on Tyneside he will stick to his game plan at St James' Park, with a huge financial windfall ahead for the Magpies IF they can stay in the Premier League.

A club source told the Chronicle: "With the new TV deal soon to be announced Mike isn't likely to be going anywhere, anytime soon."

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