The consortium are ready to make a £350million bid for the club to Ashley, according to News of the World.
The tycoons want to bring back Kevin Keegan and Alan Shearer to St James’ Park.
A spokesman told News of the World: “We are serious about Newcastle, we believe they are an iconic institution who deserve to be run professionally.”
He continued: “Kevin is integral to our plans. We want Kevin to be fully committed to the team and we hope to find a role for Alan Shearer.
“We are not personalities. We like to be in the background, we need to be in the background. We want the results to be the personality. We don’t want stardom.
“The existing management structure has not worked so we’ll pay Mike Ashley what it takes to get rid of him.
“He has to get out. He’s lost the love of the fans.
“We are very excited. Newcastle is a global English icon and it needs to be managed as a global brand, not a hobby.
“The level of expertise we have is in discovering the real problem preventing success. We want to find the root problem and turn the club around. We will give the Newcastle fans what they want.”
