Exclusive: Phillips delivers verdict after what he's heard over potential Newcastle takeover
Kevin Phillips admits he does not see Newcastle United owner Mike Ashley selling up any time soon amid talk of a potential takeover.
The former Sunderland and England striker, speaking exclusively to Football Insider assistant editor Russell Edge, says that the Sports Direct supremo is well within his rights to demand whatever asking price he does after over a decade at St James’ Park.
The Wall Street Journal report that the Newcastle owner is in talks over a potential deal part-funded by the Saudi Arabian Sovereign-Wealth Fund over two years after putting the club publicly up for sale.
Phillips says that after years of speculation he is not expecting anything to change quickly on Tyneside, suggesting that Newcastle supporters will have to be patient if they are to see Ashley out the door.
Phillips told Football Insider: “I’ve heard talk up there for the last four or five years so no surprise again there’s talk of the takeover.
“I think that will rumble on for ages, I think Newcastle supporters, they want to see him out, they want new ownership and they want to see their club really move forward.
Subscribe to Football Insider TV now
“He’s a businessman and I’ve said all along he owns the club, it’s up to him, he deserves the money he wants because it’s his business. I don’t see that one changing very quickly but it’s football, you just never know.”
Ashley took charge in 2007 but has become a hugely unpopular figure for a series of controversial decisions and lack of spending in the transfer market.
The Magpies broke their transfer record over the summer, signing Joelinton from Hoffenheim.
In other Newcastle United news, Darren Bent has delivered his verdict on Mike Ashley amid the transfer talk.