Newcastle United: 'Mike Ashley won't sell club before May 2016'

Newcastle owner Mike Ashley looks on before the Barclays Premier League match between Cardiff City and Newcastle United at Cardiff City Stadium on October 5, 2013
© Getty Images
Owner Mike Ashley won't sell Newcastle United before the end of next season, according to a club statement.

Newcastle United have issued a statement to deny that owner Mike Ashley has any plans to sell the club in the immediate future.

A report in The Telegraph had suggested that Ashley had been ready to sell the Magpies as he eyed a bid for Scottish giants Rangers, but the North-East outfit have condemned the story that was published earlier this week and banned the publication from access to the club.

A club statement read: "Newcastle United has today banned the Daily Telegraph with immediate effect following a report published in its paper yesterday (Thursday, September 11), headlined 'Newcastle United For sale as Ashley eyes Rangers', as well as a follow-up article from the same reporter which appears in the Daily Telegraph today (Friday, 12th September).

"The reports by Luke Edwards on September 11, and again today, are wholly inaccurate and written with the intention of unsettling the club, players and its supporters. This is disgraceful journalism for which the club and its supporters should receive a full and unreserved apology from those concerned.

"The truth is Mike Ashley remains committed to Newcastle United. For the avoidance of doubt, this means that for the remainder of this season and AT LEAST until the end of next season, Mike Ashley will not, under any circumstances, sell Newcastle United at any price. The club cannot be stronger in stating its position on this matter.

"It is not acceptable for newspapers to print factually inaccurate reports that are damaging to the club and to fail to check facts with Newcastle United ahead of publication and then expect to receive access to the club.

"Newcastle United will not tolerate this and will take such action as it deems appropriate. The ban extends to all reporters working for, or freelancing on behalf of, the Daily Telegraph, as well as Luke Edwards in any capacity he may have working for the paper's sister title or on a freelance basis."

Ashley secured full control of Newcastle United in 2007.

A general view of Ibrox Stadium home of Glasgow Rangers FC on February 14, 2012
Read Next:
Rangers fans want Ibrox naming rights clarity
You May Like
Recomended from Sports Mole

1Manchester CityMan City54101621413
2Manchester UnitedMan Utd54101621413
4Newcastle UnitedNewcastle53026429
5Tottenham HotspurSpurs52217348
6Huddersfield TownHuddersfield52215328
10West Bromwich AlbionWest Brom52214408
13Stoke CityStoke512256-15
14Swansea CitySwansea512225-35
15Leicester CityLeicester511379-24
16Brighton & Hove AlbionBrighton511347-34
17West Ham UnitedWest Ham5113410-64
20Crystal Palace500508-80