United sale is on verge of collapse
THE sale of Newcastle United appeared to be on the verge of collapse last night as Mike Ashley prepares to take the club off the market for the second time in less than a year.
With talks between Tyneside businessman Barry Moat and Ashley's camp stuck in a disheartening stalemate, there is a growing sense of desperation surrounding the attempt to sell the club.
The Journal understands there have even been attempts to attract fresh interest by offering the club for a down payment of £20m with another £80m due to be paid to Ashley in 12 months' time.
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