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Newcastle United 'remains up for sale despite breakdown of takeover talks'

Newcastle United owner Mike Ashley remains open to selling the club, despite talks with Amanda Staveley and PCP Partners breaking down.

Newcastle United owner Mike Ashley remains open to selling the Premier League club, despite the collapse of takeover talks with Amanda Staveley-led firm PCP Capital Partners.

On Tuesday, the businessman released a statement via Sky Sports News confirming that a deal has not been struck.

In fact, the Sports Direct owner claimed that discussions with Staveley and her team were a "waste of time", but according to The Chronicle, Ashley is still open to listening to offers from any bidder, as long as the figure is upwards of £300m.

The report claims that the Newcastle owner will turn away any investors who have clauses, including price reduction in the event that the North-East club are relegated.

The publication claims that Staveley and PCP Partners have not withdrawn their offer and remain interested in buying the club.

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Danielle Joynson
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Newcastle chairman Mike Ashley pictured in November 2014
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2Arsenal22128243212244
3Nottingham ForestNott'm Forest21125430201041
4Newcastle UnitedNewcastle22115638261238
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8Manchester CityMan City2110563829935
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13Manchester UnitedMan Utd217592629-326
14West Ham UnitedWest Ham2275102743-1626
15Tottenham HotspurSpurs21731143321124
16Everton203891526-1117
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19Leicester CityLeicester2235142348-2514
20Southampton2113171347-346


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