Newcastle United takeover: Mike Ashley fears Peter Kenyon does not have funds

Yerry Mina Dominic Calvert-Lewin Jamaal Lascelles and Fabian Schar challenge for the ball

Yerry Mina Dominic Calvert-Lewin Jamaal Lascelles and Fabian Schar challenge for the ball

Newcastle United fans are not getting too excited about this news, however, as they have been here before last season when Ashley was eager to sell before January.

Former Chelsea and Manchester United chief executive Peter Kenyon is heading a consortium that is in talks to buy Newcastle United.

Newcastle United fans are no doubt cheered by reports that Mike Ashley is in fresh talks over ceding control of the club, but their timing does throw the Magpies' ability to do January business into doubt.

Richarlison celebrates scoring the equaliser
Richarlison celebrates scoring the equaliser

Although it is unknown whether an official bid has been submitted, it is believed that a possible deal with Kenyon and USA financial advisory firm Rockefeller Capital is what Ashley was hinting at.

He is keen to finally offload the club at the third time of asking after a turbulent 11-and-a-half years on Tyneside which has seen him at odds with large sections of the Toon Army for much of his time in charge.

Newcastle travel to face Everton in the Premier League on Wednesday evening and speaking ahead of the game, Rafael Benítez urged his players to focus on on-field matters. Because the players, they know that they have to perform, that's it.

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He told The Chronicle in his press conference: "For us, we have experience of this".

However, given Kenyon's standing within the game and knowing he has been working to secure investors in the U.S., he has been given access to the club's detailed accounts. We are in the same situation that we were in before.

"Our plans are to look for the (transfer) targets".

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"But for me, we carry on and thinking that Mike will be there, and we have to choose the right players for us".

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