Toon must wait for the Ashley millions

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

The Buckinghamshire-based billionaire has sent out his document to shareholders offering 101p a share and the majority are expected to follow chairman Freddy Shepherd's lead and sell their stake.

Scroll down to read more:

Waiting game: Mike Ashley

But Ashley, part of the team who met new £5.5million signing Joey Barton this week, has said the new company, St James' Holdings Ltd, will be prudent before he invests his millions in the Tyneside club.

The document warns: "Mike Ashley has funds to make available through SJHL for investment. However, before finalising the amount he is willing to invest, Mike Ashley will want to undertake a thorough stragetic review of Newcastle United, including its current infrastructure, contractural arrangements, playing staff and financial position."

It described the proposed acquisition as "the most significant event off the field for the club for many years".