Welcome to a special Newcastle United live blog for Monday, October 16 as Mike Ashley announces his intention to sell.

There is big news coming out of St James' Park tonight as Newcastle United have released a statement about the club's future.

We can reveal that after months of speculation, United have confirmed that they are listening to offers for the club.

As ever we want to hear from you about the big news so please send us your thoughts over Facebook at www.facebook.com/chroniclenufc/ or on Twitter at @ChronicleNUFC.

Join Sean McCormick, Lee Ryder, Chris Waugh and Mark Douglas for live updates throughout the day as we bring you all the latest news, views and transfer gossip on all things Newcastle United.