CEO on Ashley-ownership: “He doesn’t take a salary, he doesn’t take a dividend, there is no interest charged on his loan”

23 April 2019

Mike Ashley
Photo: Getty Images Lee Charnley (In the middle), managing director at Newcastle, speaks out about the ownership of Mike Ashley (Right).

Read the full transcript of the interview with managing director at Newcastle, Lee Charnley.

He explains why the club is disclosing the amount of money spent on the current squad.

Newcastles ambitions are much higher than just to survive in the Premier League, he says.

Are you happy with the figures?
“Yep, We’re happy with the figures but also the progress that’s been made since.

We’re in a healthy financial position now. Last year was a fantastic finish for the club in terms of finishing tenth. Everyone connected with the club deserves a huge amount of credit for that.

“This year was about stabilising and then we’re in a position now where we can look to invest and strengthen the team.”

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