Newcastle before Ashley - top 10/top 5 finishes, European football most seasons including Champions League, cup finals
Newcastle under Ashley - mid table finishes, two relegations, one season in the Europa League, no cup runs
Newcastle after Ashley - top 5 finishes, back in the Champions League, League Cup winners
“For all the noise”, Newcastle went backwards under his ownership, it’s not even up for debate.
The modern-day equivalent would be like someone buying Spurs and taking them into the Championship within two years… nobody would then say they were a good owner because they paid the bills on time!