Moat remains keen on buying Newcastle from Ashley and hopes Ashley finds additional investment to strengthen Hughton's squad.
The Magpies are currently looking to make an immediate return to the Premier League, somewhere Moat says they belong.
"Hopefully he'll make some investment in the club. Hopefully we'll get some commercial partners," he said.
"Hopefully the money will be spent on the playing squad and that bears fruit and we get back to where we deserve.
"Let's face it Newcastle is a massive club. 43,000 to 44,000 people turned up there the other week to watch Peterborough.
"No disrespect to Peterborough, but they brought some great fans. This is Newcastle United, it is a massive club.
"It's a global brand and it should be at the top of European football."