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SBD Global/August 25, 2014/Franchises

Newcastle Owner Increases Rangers Stake, But Says He Will Not Own Two Clubs At Once

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EPL side Newcastle Owner Mike Ashley will "only buy" Scottish Championship side Rangers if "he sells Newcastle United," according to Alan Nixon of the London DAILY MIRROR. Ashley has "increased his stake" in Rangers -- "as Sunday People Sport first revealed -- but he is not looking to take over yet." Ashley has strengthened his link with the Ibrox outfit after his "initial investment and has gone as far as he can -- or wants to -- until he has a buyer" for Newcastle. The 49-year-old Ashley "believes the Gers are a huge project and would buy them if he can focus on it entirely." But right now, "Newcastle is taking up all of his time" (DAILY MIRROR, 8/24).
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