FILE PHOTO: Newcastle United owner Mike Ashley attends their English Premier League soccer match on Remembrance Sunday against West Bromwich Albion at The Hawthorns in West Bromwich, central England November 9, 2014. REUTERS/Darren Staples/Files
(Reuters) - Newcastle United owner Mike Ashley has sold his Rangers shares to Hong Kong-based investor Julian Wolhardt and supporters group Club 1872, chairman of the Scottish Premiership team Dave King said.
The 52-year-old billionaire, who founded British retailing group Sports Direct, had a nine percent stake in Rangers International Football Club PLC since 2014.
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