According to a report from The Mirror, Rafa Benitez has the full backing of the club’s board despite our recent slump in form and it is claimed that he could get ‘up to £40m‘ to spend next month IF a deal can be agreed between Mike Ashley and Amanda Staveley in the coming weeks.
This comes from North-East sports writer for the Mirror Simon Bird, who explains that Benitez is ‘key’ to the club being sold and is hoping to see a takeover deal agreed as soon as possible in order to receive a more substantial transfer kitty.
Rafa Benitez maintains the full backing of the Newcastle United board despite the club’s slump in form. Benitez could get up to £40m to spend in next month’s transfer window if a price can be agreed to sell the club to Amanda Staveley. [Mirror]#NUFC
— NUFC 360 (@NUFC360) December 20, 2017
A figure of £40m has been suggested should Staveley and Ashley strike a deal. If a takeover was agreed upon, Staveley and PCP Capital Partners would not be in place for another 30-40 days due to the Premier League ratification process, however any agreed deal would likely see them loan money to Mike Ashley in order for Rafa Benitez to invest in our squad in January.
It makes sense, but a deal must be struck before their money may be used to help our cause in next month’s crucial transfer window.
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About Olly Hawkins
Olly has been a Junior Magpie from birth. As a season ticket holder and avid Newcastle United fan - he eats, sleeps and breathes all things NUFC.