Date: 22nd November 2017 at 2:11pm
Written by:

By Russell Edge

Newcastle United manager Rafael Benitez has said that he is not expecting £100million to spend in the January transfer window after confirming he has held key talks with managing director Lee Charnley.

The club are currently officially up for sale, which has led to Amanda Staveley, fronting a bid from international finance firm PCP Capital Partners, reportedly tabling an initial £300million offer to current owner Mike Ashley, although it is claimed he has rejected the deal as he looks for £350million.

Benitez, who publicly vocalised his frustrations over the club’s inability to bring his top targets to Tyneside, admits that a takeover would be in the very best interests for the Magpies, but insists that he is not expectant of a major transfer budget ahead of the upcoming winter window, and pushed that message to the supporters expecting serious spending on Tyneside.

Speaking to BT Sports prior to Monday’s revelation of the PCP offer, as quoted by the Chronicle, he said: “If something happens it would be better for everyone.

“Another message that is very clear for the fans is not that a new owner will come and spend £100million in the transfer window. No chance.

“Our money will be more or less the same. At this moment, I met Lee Charnley and we are working on our targets and that is it.”

The talks with Charnley, who is Mike Ashley’s second in command at St James’ Park, are likely to have been key on informing the manager on updates over the proposed change of owner, as well as informing him on the backing he is set to receive.

In other Newcastle United news, a report states that the takeover talks are on the brink of collapsing.

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