Newcastle owner Mike Ashley spent £ 113,000 on hospitality on Family Day last year when the latest accounts were revealed … with SportsDirect tycoon admitting that Magpies will fight to avert relegation this season
- 2018 accounts for MASH Holdings has revealed Mike Ashley's expenses
- The Newcastle owner has spent £ 113,000 on hospitality for family members
- Ashley admitted his club will "face challenges" to join the Premier League
Mike Ashley spent £ 113,000 on hospitality on game day when his family supported Newcastle United.
2018 stands for MASH Holdings – the company that controls all Ashley's business interests – reveals that expenses were up from £ 78,000 for the previous year.
Ashley's parents are known to be avid supporters of the club their son bought in 2007 and support the team around the country.
Newcastle United owner Mike Ashley spent £ 113,000 on club hospitality for family members
However, the Magpies owner has not been seen at St James & Park in recent months despite talking about a closer interest in the club this season.
admitted that it will be a & # 39; challenge & # 39; to avoid relegation from the Premier League and have warned of the consequences if they go down. Steve Bruce's side is currently one point above the relegation zone.
"The club will have challenges to face as it looks to remain in the Premier League after the 2019-20 season," he said in the accounts, adding that the biggest risk of revenue is an "extended period" out of the top tier because of the "impact on revenue streams".
SportsDirect tycoon has been an unpopular figure in the club since taking over in 2007
Ashley admitted that the club will face challenges in escaping relegation from Premier League
Newcastle travel to West Ham on Saturday and Bruce has been strengthened by returning to training by Andy Carroll.
He thumped last weekend's 1-1 draw at home to the Wolves with a groin strain, but the sight of the tip taking part in a session on Thursday has laid the fear of injury more serious.