Amanda Staveley’s proposed takeover of Newcastle United is back on the cards after talks resumed between the two parties, as per the Mirror.
The conversation broke down earlier this year but if the Mike Ashley era at Newcastle came to an end, the increased investment would surely allow Rafa Benitez to make the club a sustained Premier League force again.
The talks reportedly broke down because of Ashley’s concerns about a potential £100m loss if Newcastle were relegated but now that the club are all but safe after Saturday’s 2-1 win at Europa League chasers Leicester City, dialogue has resumed.
Benitez has felt his hands were tied by Ashley’s unwillingness to invest and he feels that is the reason that Newcastle have struggled this season.
Therefore, a takeover would reportedly please the Spanish manager, who would have been considering his future if Ashley was still the club’s owner at the end of the season.
Benitez was, ironically, allowed to invest more heavily in his side to get out of the Championship than he has been allowed to this season.
That is because he had assets such as Moussa Sissoko and Gigi Wijnaldum to sell, which raised the funds for an assault on the second tier, which they duly won.
Despite the promotion windfall, the pursestrings have remained tight in the North East this season, which has left Benitez to face the Premier League with a largely Championship standard team.
He has that side safe and reasonably comfortably, with an organised style of play but the takeover would allow him to go and get the players he really wants. That could make Newcastle a solid Premier League outfit again and allow the former Liverpool boss to do himself justice.