Benitez's Newcastle departure a blow for Ashley

The highly-respected Spaniard, who led Liverpool to a famous Champions League victory in Istanbul in 2005, took over at Newcastle at the end of the 2015-16 season

Newcastle United owner Mike Ashley

Newcastle United, the English Premier League club owned by billionaire retailerMike Ashley, have announced the departure of manager Rafael Benitez.

The news will be a blow to Ashley, coming amid reports recently that the businessman was in talks to sell Newcastle United to an investment group headed by United Arab Emirates billionaire Sheikh Khaled bin Zayed Al Nahyan's.

It is also likely to fuel discontent among supporters, who have regularly protested at a ...