Sheffield Wednesday

Former Newcastle United owner Mike Ashley. (Photo by Catherine Ivill/Getty Images)

Mike Ashley twist as he launches £20m Sheffield Wednesday takeover bid

Mike Ashley ($4.2bn): Ashley is the founder of Sports Direct, the UK's largest sporting goods retailer. Ashley - born in Walsall - launched Sports Direct in 1982 at just 18 years old, growing it into a business with around 800 stores. In 2007, he took the company public, earning $1.8 billion from its IPO. That same year, he purchased the iconic soccer club Newcastle United, which he sold in 2021 to a consortium backed by Saudi Arabia's sovereign wealth fund for approximately $400 million. In 2019, Ashley rebranded Sports Direct's parent company as Frasers Group following the acquisition of department store chain House of Fraser. He stepped down from the Frasers Group board of directors in 2022, passing the CEO role to his son-in-law, Michael Murray.

Mike Ashley eyeing shock football return

PRAISE: For Leeds United from Newcastle United boss Eddie Howe, above.

Eddie Howe disagrees with Sandro Tonali after NUFC's draw at Leeds

The Newcastle United squad and members of the coaching staff celebrate in a team picture after the Carabao Cup Final between Liverpool and Newcastle United at Wembley Stadium on March 16, 2025 in London, England. (Photo by Stu Forster/Getty Images)

NUFC's special manager & squad as Howe makes a mockery of 2021 comment

Newcastle take on Brentford in a huge Premier League clash.

Five NUFC players ruled out vs Brentford as last call made on £30m man

St James's Park. (Photo by George Wood/Getty Images)

Is NUFC v Brentford on TV? How can I follow the game?

NUFC North East rivals Blyth Spartans launch protest against ownership

The headquarters of Germany's sports equipment maker Adidas is pictured in Herzogenaurach. (Photo by TOBIAS SCHWARZ/AFP via Getty Images)

Jamal Lewis links up with NUFC in Germany ahead of summer transfer

NUFC midfielder pictured in Middle East ahead of summer transfer exit

Newcastle United co-owner Mehrdad Ghodoussi. (Photo by George Wood/Getty Images)

Mehrdad Ghodoussi sends classy message to departing NUFC duo

Tim Robinson will referee Newcastle United v Wolverhampton Wanderers. (Photo by Justin Setterfield/Getty Images)

Premier League make NUFC & Spurs decision after 'ridiculous' claim

Newcastle United left-back Jamal Lewis. (Photo by Stu Forster/Getty Images)

NUFC man withdraws from international friendly - set for summer move

Jeff Hendrick's last goal for Newcastle United came in a defeat to Wolves at Molineux.

NUFC midfielder axed from 25-man squad offered hope of surprise recall

Michael Salisbury is the man in the middle for Newcastle United v AFC Bournemouth. (Photo by DARREN STAPLES/AFP via Getty Images)

Premier League make NUFC official decision after West Ham controversy

Newcastle United midfielder Isaac Hayden. (Photo by Michael Regan/Getty Images)

Doubt cast over Newcastle United man's future after eight-word update

Eddie Howe confirms likely NUFC January exit after clause activated

Newcastle United midfielder Isaac Hayden is on loan at Standard Liege. (Photo by BRUNO FAHY/BELGA MAG/AFP via Getty Images)

NUFC activate recall clause - confirmed in 32-word club statement

Hendrick is currently on-loan at Sheffield Wednesday but may look to secure a permanent move away from Newcastle United this month. He will be a free agent in the summer if not.

Newcastle set for talks with Championship club over outcast's future

Newcastle United midfielder Isaac Hayden is on loan at Standard Liege. (Photo by BRUNO FAHY/BELGA MAG/AFP via Getty Images)

NUFC set to activate midfielder clause as CEO speaks out

Amanda Staveley and Mehrdad Ghodoussi, co-owners of Newcastle United, look on prior to the Emirates FA Cup Third Round match between Sunderland and Newcastle United at Stadium of Light on January 06, 2024 in Sunderland, England. (Photo by Stu Forster/Getty Images)

Staveley posts X-rated response to what NUFC star v Sunderland

Newcastle players form a group huddle ahead of kick-off in the English Premier League football match between Liverpool and Newcastle United at Anfield in Liverpool, north west England on January 1, 2024. (Photo by PETER POWELL / AFP)

Five reasons why Newcastle United can't lose to Sunderland

Newcastle United midfielder Isaac Hayden is on loan at Standard Liege. (Photo by Michael Regan/Getty Images)

NUFC set to terminate loan spell - could join another club in January

The crowd at Hardwick Festival, which Field & Stage provided artist liaison services for. Photo: Other 3rd Party.

Newcastle festival management company celebrates a successful 2023

Newcastle United midfielder Isaac Hayden is on loan at Standard Liege. (Photo by BRUNO FAHY/BELGA MAG/AFP via Getty Images)

NUFC midfielder furiously hits out at 'nonsense' contract clause claim

Jeff Hendrick salvaged a point for Sheffield Wednesday (Image: Getty Images)

Forgotten Newcastle United loanee stuns Leicester with 93rd min goal

Newcastle United cruised to an 8-0 away day win at Sheffield United.

The NUFC star ‘edging back to his best’ as £45m star answers critics

Newcastle United co-owner Jamie Reuben. (Photo by JUSTIN TALLIS/AFP via Getty Images)

‘The only club’ - NUFC co-owner reacts to 8-0 win over Sheff United

Newcastle United player ratings from the 8-0 win over Sheffield United. (Photo by George Wood/Getty Images)

NUFC player ratings v Sheffield United: ‘Electric’ 9.5/10 in 8-0 win

Newcastle United outcast praised as Sheff Wed debut draws closer

NUFC confirm former Arsenal man’s exit after deadline day U-turn

‘Done deal’ - NUFC midfielder agrees exit after double transfer U-turn

Newcastle United confirm late exit as outcast joins Championship club

How Sheff Wednesday can be given extra time to complete NUFC transfer

Newcastle United midfielder Isaac Hayden. (Photo by Naomi Baker/Getty Images)

NUFC man receives new offer to leave in potential deadline day hijack

Newcastle United midfield pair Jeff Hendrick and Isaac Hayden. (Photo by Naomi Baker/Getty Images)

The deadline day transfers NUFC are set to finalise as medical ongoing

NUFC approached over deadline day loan deal after transfer U-turn

NUFC confirm Tino Livramento as fourth summer signing

Tino Livramento at St James’ Park for the Sela Cup match v Fiorentina.

Tino Livramento spotted at St James’ Park ahead of £30m NUFC transfer

Steve Bruce signing with ‘uncertain future’ wanted in Newcastle exit

Former Newcastle United defender Lewis Gibson has left Everton. (Photo by Yasuyoshi CHIBA / AFP)

Player Newcastle United sold for £6m turns down contract at Everton

Newcastle United full-back Javier Manquillo. (Photo by Alex Livesey/Getty Images)

Long-serving NUFC man’s future in doubt as overseas interest emerges

Player with 110 appearances ‘likely’ to leave NUFC this summer
Reports in Spain suggest the full-back is likely to leave Newcastle United this summer.

Newcastle United's Jamal Lewis.

Eddie Howe names the £15m NUFC man facing an ‘uncertain’ future

Newcastle United head coach Eddie Howe.

Eddie Howe addresses Hillsborough findings after NUFC fan distress

Newcastle United fans at Hillsborough.

Hillsborough capacity reduced after NUFC fans distress in FA Cup

Forgotten Newcastle United man earns surprise international call-up

Some Newcastle fans reported issues when visiting Hillsborough in January (Image: Getty Images)

‘No issues’: Sheffield Wednesday Hillsborough report published

SHEFFIELD, ENGLAND - AUGUST 01: A general view outside the stadium prior to the Carabao Cup First Round match between Sheffield Wednesday and Huddersfield Town at Hillsborough on August 01, 2021 in Sheffield, England. (Photo by George Wood/Getty Images)

5 key points from EFL Hillsborough statement after Newcastle visit

Former NUFC defender sold by Benitez ‘close’ to shock move to Man Utd

‘I am back’ - NUFC star relishing return to action after Fulham goal

Sheffield Wednesday stadium Hillsborough (Image: Getty Images)

Government replies to ‘overcrowding’ of Newcastle fans at Hillsborough

Sheffield Wednesday has disputed allegations that the away end was overcrowded last weekend

Sheffield Wednesday dispute Newcastle overcrowding allegations

Newcastle United club-record signing Alexander Isak. (Photo by Stu Forster/Getty Images)

Alexander Isak opens on injury ‘complications’ after NUFC comeback

Newcastle fans have spoken of overcrowding at the League 1 ground (Image: Getty Images)

‘Audible screams’: Newcastle fan shares Hillsborough experience

How to watch Newcastle United v Leicester City on TV

Newcastle United fans reported ‘overcrowding’ at Hillsborough on Saturday

‘Unacceptable’: Newcastle MP speaks out on Hillsborough overcrowding

© 2026 Iconic Media Group Ltd. All rights reserved.Terms and Conditions Privacy notice