As featured on NewsNow: Football news

Newcastle seek buyers in Dubai

Mike Ashley is seeking a Newcastle United buyer in Dubai.

The Evening Chronicle says Keith Harris, the man Ashley hopes will find a buyer for United, is in Dubai talking to would-be investors.

It is understood that Harris, chairman of investment bank Seymour Pierce, is revisiting Gulf business magnates who Ashley approached personally during a trip to Dubai last September.

Having reputedly demanded £400m-plus for the club back then, Ashley would now readily accept a quarter of that figure.

But despite that - and while talk persists of rival interest in United from neighbouring Oman - Harris may struggle once again to find takers for the newly-relegated Magpies.

Everton top the list of Premier League clubs seen as a sound potential purchase in Dubai, with Tottenham also attracting interest and actively looking for investment in the Middle East. Despite Newcastle's high profile, the brutal fact is that they are now a managerless Championship side facing a massive drop in revenue.



Support Tribal Football with this great deal from our partners ExpressVPN. You get an extra three months free with the 12-month plan (a saving of 49%!). All plans come with a 30-day money-back guarantee if you change your mind. Click here to try now, risk-free for 30 days - and support Tribal Football in the process.

Video of the day:

About the author

Tribal Football Staff

Have your say
×

Subscribe and go ad-free

For only $10 a year

  1. Go Ad-Free
  2. Faster site experience
  3. Support great writing
  4. Subscribe now
Launch Offer: 2 months free
×

Subscribe and go ad-free

For only $10 a year

Subscribe now
Launch Offer: 2 months free