Mike Ashley is unlikely to complete the sale of Newcastle United before the start of the January transfer window , according to reports . Ashley will be reluctant to spend money if he is selling, while Kenyon and his investment group, already committing to staggered payments, might not have the funds available to aggressively spend on the players manager Rafael Benitez wants to bring in. While Ashley is reported to have agreed a deal in principle to sell the club for £ ##35 million ( $ 379 million ) to an investment group led by Peter Kenyon , a number of details still need to be negotiated before any sale can be completed .
Mike Ashley is unlikely to complete the sale of Newcastle United before the start of the January transfer window , according to reports . While Ashley is reported to have agreed a deal in principle to sell the club for £ ##35 million ( $ 379 million ) to an investment group led by Peter Kenyon , a number of details still need to be negotiated before any sale can be completed .