Date: 17th December 2017 at 12:48pm
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Talks over the potential takeover of Newcastle United remain ongoing but both proposed investor Amanda Staveley and current owner Mike Ashley are positive a deal will be reached, according to a Sky Sports journalist.

Broadcast reporter Jim White has claimed on his personal Twitter account that a source close to the negotiations bleieves that both parties are keen on securing a deal but that there is still a difference in their valuation of the club.

The club was officially put up for sale earlier this season as Ashley looks to end his 10 year tenure at the helm of the Magpies, in what has been a tumultuous decade for the club.

Staveley, who is fronting an approach from PCP Capital Partners for a potential takeover, has been engaged in negotiations with the Sports Direct supremo for months, and it was claimed earlier this week that the pair were close to agreeing a £300million deal.

However White’s claim suggests that such an agreement is some way off, with demands from both sides meaning negotiations have become stretched.

It is said that Staveley has said that the takeover is dependent on boss Rafael Benitez remaining at the club, despite the Magpies having slipped into the relegation zone after defeat to Arsenal, with many of the sides in the fight for survival having axed their managers throughout the season.

In other Newcastle United news, another journalist has delivered a worrying update on the transfer future of the Magpies as they eye up a Premier League attacker.

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