Mike Ashley Takes Newcastle United off the Market

Just when we thought things couldn't get any worse, news tonight emanating from St. James Park is that Mike Ashley has removed Newcastle United from the market and the club is no longer for sale.

Here is the press release in full from the club's official website:

NEWCASTLE United are delighted to announce that Chris Hughton has been named the permanent manager of the Club, his contract will run until the end of the 2010/11 season.