Derby County FC

Mike Ashley interested in buying Derby County after selling Newcastle

Sean Walsh
Ashley just sold Newcastle
Ashley just sold Newcastle / Carl Court/GettyImages

Mike Ashley is lining up a bid for Championship club Derby County.

The 57-year-old recently sold Newcastle United to the Saudi Arabia Public Investment Fund, bringing an end to a largely unpopular spell in charge at St James' Park.

But the Daily Mirror write that Ashley might not be out of the game for long, as he is eyeing up a move to buy Derby.

The Rams are currently in administration following years of financial struggles and are in desperate need of a buyer.

Ashley's Sports Direct headquarters are just 30 miles from Derby's Pride Park Stadium, and the club would be able to give his other business a new platform.

The Mirror add that Ashley has not been put off a return to football despite how unhappy Newcastle fans were about his ownership of the club.

Derby's administrators have received several offers for the club already and are confident of reaching a sale one way or another.

A takeover by Ashley could help provide Derby with the funding they need to operate to survive relegation this season - they've already been deducted 12 points and could be hit with a further nine-point penalty before the end of the current campaign.