Newcastle owner Mike Ashley is awaiting a follow-up bid from PCP Capital Partners after rebuffing its initial offer for the club.
It emerged on Monday evening that one of the parties interested in buying Newcastle, reported to be the PCP group fronted by Amanda Staveley, had tabled a formal offer after spending weeks trawling through their finances.
Reports suggested the deal on the table amounted to around £300 million, a figure which would give Ashley a modest return on the £134.4m...
Newcastle owner Mike Ashley has received a formal offer for the club, sources have told Press Association.
Reports emerged on Monday evening that Amanda Staveley's PCP Capital Partners had tabled a £300 million bid.
However, it is understood that while an offer has been made by one of the parties interested in mounting a takeover, it is significantly below that figure.
The ball is now in owner Mike Ashley's court as he decides whether or not to accept the first approach, having stated his intention...
Paul Pogba must be more consistent with his performances before he can be compared to Steven Gerrard, according to Newcastle manager Rafa Benitez.
Pogba returned to the United team from injury in style on Saturday as he scored one and created another to inspire his side to a 4-1 victory over Benitez's Newcastle at Old Trafford.
Benitez managed Gerrard during his time at Liverpool and says Pogba must perform at the top level for a number of years before being likened to the former England international.