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Mike Ashley 'demands £400m for Newcastle United'

Newcastle United owner Mike Ashley reportedly places the club's mooted takeover bid in doubt by raising his asking price to £400m.

Newcastle United owner Mike Ashley has reportedly revalued the club at £400m in a move which could put off potential buyers.

Amanda Staveley emerged as a prospective buyer for the Magpies late last year but, according to The Sun, the new price will deter the businesswoman.

Staveley and her equity company PCP Capital Partners were reportedly close to buying Newcastle for more than £300m before the talks with Ashley broke down.

According to the report, the revaluation has cast doubt on the possibility of Staveley tabling a fresh bid and raised questions about the future of Magpies manager Rafael Benitez.

The Spanish coach is said to have been banking on a successful takeover bid to provide him with a transfer warchest for next season.

Consequently, the former Liverpool boss could reportedly consider managerial opportunities elsewhere due to his budgetary restrictions at St James' Park.

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TeamPWDLFAGDPTS
CManchester CityMan City3832421062779100
2Manchester UnitedMan Utd38256768284081
3Tottenham HotspurSpurs38238774363877
4Liverpool382112584384675
5Chelsea382171062382470
6Arsenal381961374512363
7Burnley381412123639-354
8Everton381310154458-1449
9Leicester CityLeicester381211155660-447
10Newcastle UnitedNewcastle38128183947-844
11Crystal Palace381111164555-1044
12Bournemouth381111164561-1644
13West Ham UnitedWest Ham381012164868-2042
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15Brighton & Hove AlbionBrighton38913163454-2040
16Huddersfield TownHuddersfield38910192858-3037
17Southampton38715163756-1936
RSwansea CitySwansea3889212856-2833
RStoke CityStoke38712193568-3333
RWest Bromwich AlbionWest Brom38613193156-2531
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Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Get the latest transfer news, match previews and news direct to your inbox!
Premier League Table
TeamPWDLFAGDPTS
CManchester CityMan City3832421062779100
2Manchester UnitedMan Utd38256768284081
3Tottenham HotspurSpurs38238774363877
4Liverpool382112584384675
5Chelsea382171062382470
6Arsenal381961374512363
7Burnley381412123639-354
8Everton381310154458-1449
9Leicester CityLeicester381211155660-447
10Newcastle UnitedNewcastle38128183947-844
11Crystal Palace381111164555-1044
12Bournemouth381111164561-1644
13West Ham UnitedWest Ham381012164868-2042
14Watford38118194464-2041
15Brighton & Hove AlbionBrighton38913163454-2040
16Huddersfield TownHuddersfield38910192858-3037
17Southampton38715163756-1936
RSwansea CitySwansea3889212856-2833
RStoke CityStoke38712193568-3333
RWest Bromwich AlbionWest Brom38613193156-2531
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