By 15 June 2007, Ashley owned a 77.06% stake in Newcastle United, on course to withdraw the club from the stock exchange, having surpassed the 75% threshold required. The following month, Ashley paid around £134 million to acquire the remaining 22.94%, making him sole owner of the club.
By 15 June 2007, Ashley held a 77.06% stake in Newcastle United, on track to remove the club from the stock exchange, surpassing the 75% threshold needed. The following month, Ashley spent approximately £134 million to purchase the remaining 22.94%, becoming sole owner of the club.