Newcastle United 'receive £300m takeover bid from PCP Partners'

Amanda Staveley's PCP Partners reportedly table a £300m offer to buy Newcastle United.

PCP Partners have reportedly submitted a formal takeover offer of £300m to Newcastle United.

The firm, which has previously acted on behalf of Middle Eastern investors, is being fronted by businesswoman Amanda Staveley.

The Brit sparked takeover talk when she was spotted watching Newcastle take on Liverpool in a 1-1 draw at St James' Park on October 1.

Current club owner Mike Ashley has since confirmed his intention to sell the North-East outfit, of which he has been in control since June 2007.

According to Sky News, Staveley's PCP firm values the club at £300m and has tabled that amount in a bid to buy Ashley's shares.

Reports had claimed that the Magpies wanted the sale to go through by Christmas.

Liverpool owner Tom Werner looks on prior to the Barclays Premier League match between Liverpool and Norwich City at Anfield on January 19, 2013 in Liverpool, England.
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2Manchester UnitedMan Utd16112336112535
3Chelsea16102428131532
4Liverpool1686234201430
5Arsenal1692530201029
6Tottenham HotspurSpurs1684428141428
7Burnley168441512328
8Leicester CityLeicester166552322123
9Watford166462527-222
10Everton165472029-919
11Southampton164661619-318
12Huddersfield TownHuddersfield165381126-1518
13Brighton & Hove AlbionBrighton164571421-717
14Bournemouth164481519-416
15Stoke CityStoke164481935-1616
16Newcastle UnitedNewcastle164391625-915
17West Bromwich AlbionWest Brom162771222-1013
18West Ham UnitedWest Ham163491432-1813
19Swansea CitySwansea163310918-912
20Crystal Palace162591027-1711
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