MX23RW : Friday, July 20 18:45:15

Newcastle takeover

Newcastle chairman Mike Ashley pictured in November 2014

Newcastle United owner Mike Ashley is on the lookout for a buyer for the club as he looks to sell his stake in the Magpies after 10 years at the helm.

Ashley's reign has been notorious for fan unrest at St James' Park and has also seen Newcastle twice relegated to the Championship, although on both occasions they have bounced straight back up.

Talks with businesswoman Amanda Staveley are understood to have broken down after her PCP Capital Partners group failed to meet Ashley's valuation of the club with an offer which could have been worth up to £300m.

Ashley announced that he was looking to sell in October 2017, having initially bought the club for £134.4m in 2007.

Prospective new Newcastle United owner Amanda Staveley
Amanda Staveley, Newcastle United takeover talks back on?
A report claims that Amanda Staveley's PCP Partners group are willing to increase their previous offer to purchase Newcastle United from Mike Ashley.
Apr 8, 12:58
Newcastle chairman Mike Ashley pictured in November 2014
Rafael Benitez: 'I was told by Mike Ashley takeover was off'
Newcastle United boss Rafael Benitez says that he can only continue working with his current crop of players while takeover talks continue behind the scenes.
Jan 19, 17:43
Prospective new Newcastle United owner Amanda Staveley
Amanda Staveley still interested in purchasing Newcastle United
Amanda Staveley says that she is 'hugely hurt' by claims that her PCP Capital Partners group are 'wasting time' with their offer to purchase Newcastle United.
Jan 19, 09:33
Newcastle chairman Mike Ashley pictured in November 2014
Report: Mike Ashley, Amanda Staveley end Newcastle United takeover talks
Talks between Mike Ashley and Amanda Staveley's PCP Partners over a potential takeover of Newcastle United are reported to have come to an end for the time being.
Jan 16, 19:57
Newcastle chairman Mike Ashley pictured in November 2014
Newcastle United owner Mike Ashley, Amanda Staveley reach takeover impasse?
Newcastle United owner Mike Ashley and PCP Capital Partners' Amanda Staveley reportedly reach an impasse over the takeover of the Magpies.
Dec 30, 11:42
Generic image of a locker room
Report: Latest Newcastle United takeover offer retains relegation clause
A report claims that the new offer by Amanda Staveley's PCP Capital Partners for the proposed takeover of Newcastle United retains a relegation compensation clause.
Dec 14, 20:43
Rafael Benitez gives instructions during the Premier League game between Chelsea and Newcastle United on December 2, 2017
Rafael Benitez: 'I need to know how much I can spend in January'
Rafael Benitez is still unsure whether he will be given money to bring in new players during the January transfer window, as takeover talks continue behind the scenes.
Dec 14, 16:13
Rafael Benitez squats and barks during the Premier League game between Manchester United and Newcastle United on November 18, 2017
Report: Rafael Benitez given £30m transfer kitty for January window
A report claims that Amanda Staveley's PCP Capital Partners company will back Rafael Benitez with £30m in January, ahead of completing a takeover of Newcastle United.
Dec 14, 10:19
Newcastle United manager Rafael Benitez reacts during his side's Premier League clash with Liverpool at St James' Park on October 1, 2017
Report: Newcastle United takeover deal close to completion
Newcastle United owner Mike Ashley is reportedly expected to shake hands on a £300m takeover offer tabled by Amanda Staveley - £50m more than her initial bid.
Dec 13, 13:34
Newcastle United manager Rafael Benitez reacts during his side's Premier League clash with Liverpool at St James' Park on October 1, 2017
Rafael Benitez: 'Value of club depends on first-team quality'
Newcastle United manager Rafael Benitez hints that more investment is needed in the first team in order to make the Magpies a valuable option for buyers.
Dec 11, 10:46
Rafael Benitez squats and barks during the Premier League game between Manchester United and Newcastle United on November 18, 2017
Rafael Benitez refuses to discuss Newcastle United takeover
Newcastle United manager Rafael Benitez refuses to discuss talk of a takeover at the club following his side's late 3-2 defeat at the hands of Leicester City.
Dec 9, 21:05
Generic image of a locker room
Mike Ashley holds face-to-face talks with Amanda Staveley
Newcastle United owner Mike Ashley holds face-to-face talks with Amanda Staveley as a proposed sale of the club moves closer.
Dec 8, 12:52
Rafael Benitez gives instructions during the Premier League game between Chelsea and Newcastle United on December 2, 2017
Mike Ashley 'given two weeks to accept takeover offer'
A report claims that Newcastle United owner Mike Ashley is running out of time to strike a takeover deal with Amanda Staveley's PCP Capital Partners.
Dec 5, 13:50
A general shot of a Premier League football ahead of the Premier League clash between Everton and West Ham United at Goodison Park on October 30, 2016
Rafael Benitez: 'Takeover talk should not cast doubt on my job'
Rafael Benitez does not believe that the uncertainty regarding ongoing talks over a proposed takeover at Newcastle United will cast doubt over his managerial position.
Nov 25, 10:17
Generic image of a locker room
Mike Ashley 'names revised price for Newcastle United takeover'
A report claims that Newcastle United owner Mike Ashley is holding out for £350m from Amanda Staveley's PCP Capital Partners, which he is confident of receiving.
Nov 22, 16:42
A general shot of a Premier League football ahead of the Premier League clash between Everton and West Ham United at Goodison Park on October 30, 2016
Newcastle United owner Mike Ashley to reject Amanda Staveley's takeover bid?
Newcastle United owner Mike Ashley reportedly turns down an opening offer from Amanda Staveley-fronted firm PCP Partners.
Nov 21, 00:10
A general shot of a Premier League football ahead of the Premier League clash between Everton and West Ham United at Goodison Park on October 30, 2016
Newcastle United 'receive £300m takeover bid from PCP Partners'
Amanda Staveley's PCP Partners reportedly table a £300m offer to buy Newcastle United.
Nov 20, 19:41
Generic image of a locker room
Newcastle United takeover close to completion?
British businesswoman Amanda Staveley's PCP Capital Partners group will finalise their takeover of Newcastle United next week, according to a report.
Nov 12, 22:10
A general shot of a Premier League football ahead of the Premier League clash between Everton and West Ham United at Goodison Park on October 30, 2016
Rob Elliot: Newcastle United takeover talk "exciting"
Newcastle United goalkeeper Rob Elliot says that takeover talk surrounding the club is "exciting for everyone".
Oct 24, 18:21
Newcastle United manager Rafael Benitez reacts during his side's Premier League clash with Liverpool at St James' Park on October 1, 2017
Rafael Benitez 'to be handed £500m transfer budget'
Newcastle United manager Rafael Benitez could reportedly have up to £500m to spend in the next two transfer windows should Amanda Staveley's proposed takeover go through.
Oct 23, 14:31
Newcastle United manager Rafael Benitez reacts during his side's Premier League clash with Liverpool at St James' Park on October 1, 2017
Rafael Benitez not distracted by Newcastle United takeover talks
Rafael Benitez reiterates that his job is to manage Newcastle United and not dealing with off-the-field matters, as a takeover of the club reportedly edges closer.
Oct 20, 18:11
Generic image of a locker room
Amanda Staveley 'signs Newcastle United confidentiality agreement'
A report claims that the investment company run by Amanda Staveley has signed a confidentiality agreement with Newcastle United, as a sale of the club draws nearer.
Oct 19, 16:20
Newcastle United manager Rafael Benitez reacts during his side's Premier League clash with Liverpool at St James' Park on October 1, 2017
Turkish 'biscuit king' to buy Newcastle United?
Turkish 'biscuit king' Murat Ulker is the latest name linked with a potential takeover of Newcastle United.
Oct 17, 13:17
A general shot of a Premier League football ahead of the Premier League clash between Everton and West Ham United at Goodison Park on October 30, 2016
Alan Shearer 'excited' by Mike Ashley's decision to sell Newcastle United
Newcastle United legend Alan Shearer reacts on Twitter to the news that his beloved club has been put up for sale by controversial owner Mike Ashley.
Oct 16, 19:58
Generic image of a locker room
Mike Ashley announces intention to sell Newcastle United
Newcastle United ownder Mike Ashley announces his intention to sell the Premier League club, preferably before Christmas.
Oct 16, 17:03
Generic image of a locker room
Potential Newcastle United investor revealed?
Businesswoman Amanda Staveley, who helped Sheik Mansour purchase Manchester City in 2008, is reportedly involved in a Newcastle United takeover attempt.
Oct 2, 09:41
Generic image of a locker room
Newcastle United 'in negotiations with potential investors'
Newcastle United have signed non-disclosure agreements with a number of potential investors as owner Mike Ashley continues to push through a sale, according to a report.
Oct 1, 19:56
Generic image of a locker room
Mike Ashley 'wants £380m for Newcastle United'
Newcastle United owner Mike Ashley is reportedly willing to sell the club for £380m.
Sep 23, 13:51

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Friday 20 July 2018 18.43