Sam Allardyce was appointed Roeder's replacement as manager on 15 May,with what proved to be Freddy Shepherd's last act as Chairman, who reluctantly sold his final shares in the club on 7 June to Mike Ashley and was replaced by new chairman Chris Mort.
Despite making a promising start to the season Newcastle lost to bottom club Derby County and the exclusion of fan favourites from the starting line up saw Allardyce depart the club on 9 January 2008 by mutual consent after less than eight months in charge.
Mike Ashley has recently announced that he has no intention of selling Newcastle United Football Club, despite numerous attempts to do so. The overweight Magpies owner has achieved little respect from the fans, and is constantly mocked at Newcastle United home games.
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