"As one of the Premier League's oldest and best supported football clubs -- and for the benefit of its many fans and supporters in the UK and across the world -- Newcastle United requires a clear direction and a path to a bright and successful future," Newcastle United said in a statement on Monday.
"To give the club the best possible opportunity of securing the positioning and investment necessary to take it to the next level, at what is an important time in its history, its present ownership has determined that it is in the best interests of Newcastle United and its fans for the club to be put up for sale," the statement added.
The coach Rafael Ben?tez-led club is currently ninth in the EPL table with 11 points.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.