Newcastle United and Amanda Staveley are in advanced talks over a £350million takeover of the Premier League club.
Documents lodged with Companies House last week and made public on Tuesday show that a charge has been created that could see Mike Ashley lend £150m to Staveley’s company PCP Capital Partners.
Sportsmail has been told that the deal on the table is a £200m payment up front with the balance of £150m over a period of up to five years. The new documents appear to be laying the legal framework for such a deal to proceed.
Sources close to the club say the documents are evidence of talks being at an advanced stage but there is yet to be confirmation of a takeover being agreed.
Staveley tried to buy the club in 2017 only to be labelled a ‘time-waster’ by Ashley. However, she has been in fresh talks since last year and there were claims in January that a deal backed by Saudi Arabia’s Public Investment Fund (PIF) was only days away.
Sources on Ashley’s side told us earlier this month that he is willing to sell if Staveley’s consortium - also including the Reuben brothers, UK-based property developers - produced the cash to do a deal.
More to follow.
