Newcastle miss out on major January transfer boost after Mike Ashley decision - report
Newcastle United will not receive any outside financial help from Amanda Staveley and PCP Capital Partners during the January transfer window after Mike Ashley chose not to accept their offer of assistance in takeover talks, according to a report.
The Chronicle claim on their website that the British businesswoman, who is fronting a move from PCP to purchase the club from the Sports Direct supremo, was willing to reimburse Ashley an amount of money for players bought during the winter market.
However, it is said that talks over this added transfer funding, which would have eventually been on top of what Ashley decided to spend to reinforce the playing squad, fell through, leaving the current owner as the sole provider of funds for manager Rafael Benitez.
Had Ashley accepted Staveley’s promise of funds down the line in recompense of spending during January, it would have been a major boost to Benitez’s ability to secure his top targets, having vocalised his frustrations at the club’s inability to get deals over the line in the summer.
He saw just five new faces in through the door at St James’ Park, as well as Christian Atsu, who turned his loan deal into a permanent move, and may be limited to scouring the bargain basement once again after the club missed out on the opportunity for a raise in funds.
In other Newcastle United news, the club’s fans have been raging over a reported transfer link.