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Why Mike Ashley's £400m Valuation of Newcastle is Actively Hurting Takeover Talks

Newcastle United remain up for sale under Mike Ashley, but with the businessman wanting £400m for the club it looks likely that it will remain that way for some time.

When the Magpies were embroiled in their takeover saga earlier in the season between Ashley and Amanda Staveley - back when the asking price sat at just £300m - everyone saw that the price was the sticking point.

With the fans, St James' Park and a world class manager in Rafa Benitez at the helm, there is no denying that Newcastle have the potential to become a huge club and a major financial success under new ownership.