Ashley, who has owned the Magpies for more than a decade, told Sky News he hopes to complete the sale by January and characterized talks “at a more progressed stage than they have ever been.”
Newcastle plays at St James’ Park, the oldest and largest football stadium in North East England. It is the sixth-largest soccer stadium in the United Kingdom.
Blank, who's wealth was recently valued by Forbes at nearly $5 billion, has owned the Atlanta Falcons since 2002. He owns the Atlanta United MLS expansion team, along with Mercedes-Benz Stadium, since opening in the 2017 season.