
And fresh reports today suggest that a deal could be edging closer - with the Express claiming that a deal has been agreed in principle between Mike Ashley and the consortium led by Peter Kenyon.
The report suggests that a final deal is close to being agreed and that the legal firm leading the purchase - Walker Morris - have been told that all Christmas leave is cancelled as they look to push through a deal.
It is thought that the deal is worth around £300million, although exact parameters for the payment are yet to be confirmed.
MORE: Newcastle set to be without FOUR key players for Huddersfield tripHowever, the Sun have today claimed that Kenyon is still seeking an additional £100million if capital in order to push through a deal.
Most Popular
-
1
Man in life-threatening condition after 'serious collision' involving car and pedestrian in South Shields
-
2
Campaigners rally against Local Plan after farmland in Cleadon earmarked for 156 homes
-
3
Appeal to find owner of lost Labrador after dog found near Jarrow Cemetery
-
4
Pair set up cannabis farm in town centre flat
-
5
South Shields man jailed for terrifying physical and sexual assault on woman in her own home
They claim that the former Chelsea and Manchester United chief executive is still short of Ashley's valuation and will have to raise additional funds in order to complete a deal.
Meanwhile, in transfer news, the Mirror claims that Rafa Benitez could reignite his interest in Ajax full-back Nicolas Tagaliafico.
READ: Rafa Benitez provides transfer update after winger speculationThe Argentine was heavily linked with a move to St James's Park in the summer while Arsenal are also thought to be keen on the 26-year-old.
It is believed that Tagaliafico is one of four key targets being pursued by Benitez as he makes that position a priority in the winter window.
Elsewhere, Chelsea have been linked with a move for former Newcastle flop Florian Thauvin.
Despite failing to impress on Tyneside, Thauvin has impressed for Marseille and the French national team - drawing admiring glances from several clubs.
And one of those interested sides is Chelsea, who are rumoured to be lining-up a £41million move for the wideman.