Football - Ashley not seeking to sell up

Mike Ashley is not actively looking to sell Newcastle.

PA Sport

The sportswear tycoon's critics were boosted by a report claiming the club is on the market once again.

However, Press Association Sport understands that while any prospective buyer could open the door to a deal by tabling a suitable offer, Ashley is not attempting to offload the business he bought six years ago as a matter of urgency.

Indeed, that has been the situation since the day he completed a £134.4million takeover during the summer of 2007.

Above all else, Ashley is a businessman and the chance to make a profit on a club in which he has since invested in excess of a further £130million is one which would prove difficult to resist.

However, the fact remains that there are no offers on the table and none in the pipeline.

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