{"id":625284,"date":"2025-12-11T01:36:40","date_gmt":"2025-12-11T01:36:40","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/625284\/"},"modified":"2025-12-11T01:36:40","modified_gmt":"2025-12-11T01:36:40","slug":"sheffield-wednesday-and-mike-ashley-update-prompts-reaction-that-will-shock-newcastle-united-fans","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/625284\/","title":{"rendered":"Sheffield Wednesday and Mike Ashley update prompts reaction that will shock Newcastle United fans"},"content":{"rendered":"\n<p><strong>Mike Ashley could be back in football soon as he circles Sheffield Wednesday, and believe it or not, their fans are pretty happy.<\/strong><\/p>\n<p>It\u2019s been 18 years since <a href=\"https:\/\/www.geordiebootboys.com\/tag\/mike-ashley\/\" target=\"_blank\" rel=\"noopener\">Mike Ashley<\/a> purchased <a href=\"https:\/\/www.geordiebootboys.com\/club\/\" target=\"_blank\" rel=\"noopener\">Newcastle United<\/a> and more than four years since he moved on from his ill-fated time on Tyneside.<\/p>\n<p>          What was your lowest moment under Mike Ashley at Newcastle? <\/p>\n<p class=\"grv-talking-point__subtitle\">Plenty to choose from \ud83d\ude02<\/p>\n<p>Two relegations, one stadium rebrand, plenty of cup exits and Dennis Wise\u2026.<\/p>\n<p><img decoding=\"async\" width=\"1024\" height=\"727\" loading=\"lazy\"  src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/12\/GettyImages-80534702-1024x727.jpg\" alt=\"Newcastle United v Reading\" class=\"wp-image-172652\" \/>Photo by Stu Forster\/Getty Images     <\/p>\n<p> \ud83d\udc47 Join the debate; share your insight. Use the comment button on the bottom left to have your say <\/p>\n<p>Amid attempts to rebrand <a href=\"https:\/\/www.geordiebootboys.com\/tag\/st-james-park\" target=\"_blank\" rel=\"noopener\">St. James\u2019 Park<\/a>, catastrophic appointments, and a couple of relegations, it\u2019s safe to say Newcastle fans do not look back on Ashley\u2019s tenure with much fondness.<\/p>\n<p>However, <a href=\"https:\/\/www.geordiebootboys.com\/news\/mike-ashley-plotting-next-move-in-sheffield-wednesday-negotiations-as-10m-deficit-emerges\/\" target=\"_blank\" rel=\"noopener\">Ashley is now preparing an improved bid for Sheffield Wednesday<\/a>, and strangely, the fans there don\u2019t seem to mind the idea.<\/p>\n<p><img decoding=\"async\" width=\"1024\" height=\"735\" loading=\"lazy\"  src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/12\/GettyImages-1204073531-1024x735.jpg\" alt=\"Oxford United v Newcastle United - FA Cup Fourth Round: Replay\" class=\"wp-image-71788\" \/>Photo by Catherine Ivill\/Getty ImagesSheffield Wednesday fans are positive about Mike Ashley<\/p>\n<p>Reacting to the news that Ashley is still in the running to purchase Sheffield Wednesday, fans of the Owls took to Twitter\/X to share their feelings, and the comments were almost universally positive.<\/p>\n<p>One said: \u201cMike Ashley is a successful businessman in a very tough retail industry. The man is a winner and that\u2019s what we need as the head of our club.\u201d<\/p>\n<p>Another wrote: \u201cI\u2019d have Mike Ashley all day long!\u201d<\/p>\n<p>A third added: \u201cSaid it before and will say it again, Mike Ashley would be perfect for us in the situation we find ourselves in. A modern day Milan Mandaric. Get us stable, open new revenue streams, flog us on for a few million quid.\u201d<\/p>\n<p>And, to those who are against the idea, one supporter replied: \u201cWe are a club in despair and turning our noses up at a billionaire businessman who\u2019d be a hundred times better than the last bloke?\u201d<\/p>\n<p>Indeed, there were murmurs of discontent among the social media posts. Although, most of it is more out of trepidation than sheer opposition.<\/p>\n<p>One negative fan said: \u201cIf Mike Ashley is the saviour then our hopes and dreams are set low, that is for sure.\u201d<\/p>\n<p>Another, more tentative supporter added: \u201cI might not be the only one, but something about Mike Ashley doesn\u2019t sit right with me.\u201d<\/p>\n<p>Elsewhere, one post read: \u201cI know we\u2019re desperate but please no to Mike Ashley.\u201d<\/p>\n<p> If you could say ONE thing to Sheffield Wednesday fans about Mike Ashley\u2019s ownership, what would it be? <\/p>\n<p>It seems like Ashley could be returning to football\u2026<\/p>\n<p><img decoding=\"async\" width=\"1024\" height=\"745\" loading=\"lazy\"  src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/12\/GettyImages-455362292-1024x745.jpg\" alt=\"Southampton v Newcastle United - Premier League\" class=\"wp-image-124359\" \/>Photo by Richard Heathcote\/Getty Images     <\/p>\n<p> \ud83d\udc47 Join the debate; share your insight. Use the comment button on the bottom left to have your say <\/p>\n<p>   A brief history of Mike Ashley\u2019s football ventures<\/p>\n<p>Newcastle United were the first football club Mike Ashley invested in and were by far his longest time spent with any one team.<\/p>\n<p>He initially bought Sir John Hall\u2019s 41.6% stake in the club for around \u00a355.3m in 2007. Just months later, Ashley bought Freddy Shepherd\u2019s 28% share as well. Shortly after, he paid another \u00a3134 million to acquire the remaining 22.94% share in the club.<\/p>\n<p>Ashley had some positive moments, including paying off the club\u2019s debts, sitting with the fans in the ground, and re-hiring Kevin Keegan in 2008.<\/p>\n<p>But, things turned sour due to the appointment of Dennis Wise as director of football, finances took a dip, and the club were twice relegated to the Championship. Suffice it to say, Newcastle fans were pretty happy when Ashley eventually sold the club for around \u00a3300m in 2021.<\/p>\n<p>Elsewhere, Ashley owned 8.92% in Rangers. But, his plan to raise that stake to 29.9% was refused due to his involvement with Newcastle. Fans of the Scottish giants turned against Ashley in 2015 when he tried to use Ibrox stadium as leverage for a \u00a310m loan. He eventually sold his stake in 2017.<\/p>\n<p>After leaving Newcastle, Ashley decided to buy the CBS Arena, Coventry City\u2019s football stadium. He reportedly tried to serve an eviction notice for the club, which was heavily contested. It\u2019s thought Coventry had a contract allowing them to stay at the ground until 2031, but the club has now bought the stadium from Ashley as of August of this year.<\/p>\n<p>Obviously, it\u2019s great that Sheffield Wednesday fans are finally feeling optimistic, given everything they have been through this year. Hopefully, Ashley can turn things around there if he is successful in purchasing the club, and learns from the error of his ways.<\/p>\n<p>Sign up to <strong><a href=\"https:\/\/www.geordiebootboys.com\/talkingpoints\/\" target=\"_blank\" rel=\"noreferrer noopener\">TalkingPoints<\/a> <\/strong>for free to join the conversation about all things Newcastle United with <strong>Geordie Boot Boys<\/strong>!<\/p>\n<p>  Join Our Newsletter <\/p>\n<p>Receive a digest of our best Newcastle content each week direct to your mailbox<\/p>\n","protected":false},"excerpt":{"rendered":"Mike Ashley could be back in football soon as he circles Sheffield Wednesday, and believe it or not,&hellip;\n","protected":false},"author":2,"featured_media":625285,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8817],"tags":[748,393,4884,96167,1620,16,15],"class_list":{"0":"post-625284","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sheffield","8":"tag-britain","9":"tag-england","10":"tag-great-britain","11":"tag-mike-ashley","12":"tag-sheffield","13":"tag-uk","14":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115698375751442533","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/625284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=625284"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/625284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/625285"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=625284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=625284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=625284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}