What do Mike Ashley's reported Newcastle plans mean for Rangers?
Photo by Stu Forster/Getty Images

What do Mike Ashley's reported Newcastle plans mean for Rangers?

Controversial Newcastle owner Mike Ashley is on the verge of selling the north-east club, at least according to the Sun.
According to the report, the British billionaire is set to sell his stake in the club for a whopping £350m. The Sun claim the deal is done, and the new owner will be Dubai-based billionaire Sheikh Khaled bin Zayed Al Nehayan.
But what, if anything, does it mean for Mike Ashley’s continued involvement with the merchandising of Rangers?

Mike Ashley has owned Newcastle since 2007, when he paid a reported £135m to buy the club. (Photo by Ian MacNicol/Getty Images)

Well, the hope is he planning to leave football altogether. If that’s the case, he would need to loosen his grip on Rangers’ retail affairs.

The Ibrox club is still at war with Ashley over a poorly weighted retail agreement from the period surrounding the liquidation of the club’s holding company. The two parties remain locked in a legal battle.

Rangers want more control over merchandising

But by the same token, relieving himself of Newcastle could mean he has more time to focus on Rangers.
Let’s hope that is not the case. Almost everyone at Ibrox is universally against the London billionaire’s involvement in our merchandising.
It is fair to say Ashley was also an unpopular figure at St. James’ Park. And whilst it looks like he’s finally loosening his grip on the northern club, Rangers will very much need to wait and see the direction he takes in the coming months.

Rangers fans have always been outspoken about Ashley’s influence at the club. (Photo by Jeff J Mitchell/Getty Images)

Rangers fans had previously boycotted the purchasing of kits under the previous regime but have opened their purses again after being given the go-ahead in recent seasons.

The most recent home kit was launched only last week and has gone down a treat with supporters.