By Russell Edge

19th Jan, 2018 | 9:52am

Sky Sports reveals Ashley plans as Staveley's Newcastle takeover bid remains on table

Newcastle United owner Mike Ashley is planning to back manager Rafael Benitez “with all the resources at our disposal” during the January transfer market as he moves his focus from takeover talks, according to Sky Sports.
The broadcaster claim on their website that despite having previously reported that talks between Ashley and British businesswoman Amanda Staveley breaking down over PCP Capital Partners’ bid to buy the club, that there is still a bid on the table and that the potential investors are still keen to secure a deal.
Staveley herself detailed her plans for the club if a takeover were to go through in an interview with the Times, revealing she was hoping to invest £100million worth of investment into the Magpies’ training facilities while backing manager Rafael Benitez with the same amount of money for upcoming transfer windows.
However, Sky Sports quote a representative of Ashley as insisting that the primary focus right now will be on supporting the Spanish manager in the current transfer market, and that there are no further takeover talks planned between the Sports Direct supremo and PCP.
The club have been up for sale since the businessman released a statement confirming his intention to sell back in October, as he looks to bring a 10 year tenure on Tyneside to an end.
In other Newcastle United news, it has been confirmed that investors worth in the region of £14billion were helping back Staveley’s bid.
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