New MASH Holdings accounts state how much Mike Ashley sold Newcastle United for

    News just in of the latest Mike Ashley MASH Holdings accounts.

    These are for the financial year up to 26 April 2020.

    MASH Holdings is owned 100 per cent by Mike Ashley and is basically the shares he owns in all of his business interests, including the 100% ownership of Newcastle.

    As usual with Mike Ashley, the filing of these accounts hasn’t happened very quickly…but they are now up at Companies House.

    The headline figures in the accounts show:

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    Mike Ashley’s MASH Holdings turnover has now topped £4bn in these latest accounts (up from £3.885bn to £4.108bn)

    Whilst profits are up from £178m to £267m.

    As for the specific reporting from the MASH Holdings Limited 2019/20 accounts concerning Newcastle United:

    Then more importantly, the MASH Holdings accounts reporting on what has happened regarding Newcastle United after the period the accounts cover (up to 26 April 2020):

    As you can see, Mike Ashley confirming via these MASH HOLDINGS accounts that the sale price of Newcastle United was £305m.

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