Skip to main content

Prospective buyer Amanda Staveley wants a relegation compensation clause in her deal to purchase Newcastle United



Amanda Staveley wants a relegation compensation clause included in her deal to buy Newcastle United, Sky Sports News understands.

The present offer from Staveley's PCP Partners has payment schedules linked to Newcastle's performances on the pitch, according to Sky sources, with Rafa Benitez's squad needing to achieve a series of tough targets for the deal to be worth close to £300m.

And the prospect of refunding the buyers a substantial sum if Newcastle were to be relegated at the end of the campaign, is unlikely to be acceptable to current Magpies owner Mike Ashley.

Sky Sports News understands both sides remain convinced a deal can be agreed in the coming weeks, with a new bid from PCP Capital possible before the end of the week.


Culled from Sky Sports

Comments

Popular posts from this blog

Blatter loses Appeal

credit: fox sports Former FIFA President Sepp Blatter has had his appeal to overturn his six-year ban from all footballing activities unsuccessful.

Hot Transfer Gossip: Juventus eye Barcelona star midfielder Iniesta

According to reports, Juventus have set their eye on 33-year old Barcelona midfielder Andres Iniesta. More details later...

Chelsea boss Jose Mourinho says referees are under too much pressure

Mourinho returned to press conference duties after serving a self-imposed ban after comments he made after their 1-1 draw with Southampton on December 28 led to an FA charge, which he confirmed he is appealing against.