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Mike Ashley interested in buying English Club after £305 million Newcastle United sale

Mike Ashley is interested in buying another English football club following the mega sale of Newcastle United

Ashley's 14-year spell as Newcastle owner was brought to an end after the Premier League approved the Saudi Arabian-backed takeover.

He sold the club for a reported £305 million, with the 57-year-old eyeing another takeover of a club in England.

According to the Mirror, Ashley has an interest in acquiring Derby County, who are currently in administration.

Ashley's Sports Direct headquarters is actually just 30 miles from Pride Park in Shirebrook so a potential takeover would be very convenient.

It's claimed that he also wants to give his company a public platform and owning the Championship side would provide that.

Despite the miserable end to his ownership at St. James' Park, he hasn't been put off the football business.

What's more, a number of discreet enquiries over the possibility of stepping in at Derby have taken placed ahead of an official move.

Ashley is one of a number of parties interested in buying 'The Rams', with the report adding that he would provide transfer funds for manager Wayne Rooney.

Speaking after the sale of Newcastle, Ashley revealed that he received a higher offer - but says the Saudi takeover was the best for 'The Magpies'.

He told The Sun: "I would like it to be known that I received a higher offer for the club than the one that I accepted.

"It was from another reputable bidder, who made a credible case.

"But I felt the bid that we accepted from the current new owners would deliver the best for Newcastle United.

"Money wasn't my only consideration. There were times when I stepped in financially to keep Newcastle United afloat.

"We ensured the wage bills were paid when we went down in order that we could bounce straight back up.

"Nobody was happier than me when we achieved immediate promotion."

Will Ashley snap up Derby? Watch this space.