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Published 18:28 14 May 2018 BST
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"Finally, I would like to thank the fans for their unrivalled support of Rafa and the team throughout the season."
The statement was read out on Match of the Day on Sunday night but Shearer wasn't having a word of it and mocked Ashley for just continuing to pay lip service to supporters without any intention of backing it up with transfer funds.
"Copy and paste, different day," Shearer said. "It's exactly the same thing. Give him some money to spend!
"Rafa's always wanted money to spend. He's made a profit on transfers.
"I would give him the backing he deserves. He's got Newcastle into 10th position. If he can do that with that squad, can you imagine what he'd do with some backing and some finance?"
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