A report by the Daily Telegraph claimed conversations over the takeover bid, led by PCP Partners, the Reuben brothers and PIF, have been halted due to the threat of dropping into the Championship.
One of the biggest fears voiced by supporters is relegation will lead to Amanda Staveley and co calling quits on the potential takeover.
However, according to the Independent, sources close to the situation maintain that all parties in the consortium would still be interested, even if the Magpies drop into the second-tier.
That said, a price renegotiation would be required to take place if United go down, “but the figures are straightforward and that would not take long”.
Finance expert Kieran Maguire believes owner Mike Ashley could be forced to lower his asking price by £100million.
The Gazette understands PIF have given their word to the consortium that they will return to the takeover process if a path to the deal is cleared.
There are also understood to be other confidential financial guarantees between the three parties involved in the United deal.
But whether a deal can ever be waved through remains to be seen as Newcastle supporters continue to pray for a positive outcome.
Rumours on Wednesday suggested PIF were interested in purchasing a Serie A side giants Inter Milan.
Here are the latest headlines from Newcastle and their Premier League rivals:
5. Haaland names potential next clubs
Borussia Dortmund striker Erling Haaland has said there are only six clubs he would consider joining with Liverpool, Manchester United and Manchester City the only sides from the Premier League. (Bild via The Sun) Photo: Lars Baron
6. Kokcu open to summer move
Feyenoord midfielder Orkun Kokcu has opened the door to a summer move after Leeds United failed with a bid to sign him in January. The Dutch club could sell the 20-year-old in order to boost their finances. (Voetbal International via Sport Witness) Photo: Dean Mouhtaropoulos
7. Alioski tipped to leave Leeds
Former Leeds striker Noel Whelan believes Gjanni Alioski will leave the club at the end of his contract this summer. He said: “He will be on his way in summer now. I kind of thought that anyway before he’s been sitting on the bench for a few games.” (Football Insider) Photo: JON SUPER
8. Juve set Costa price tag
Juventus “expect to collect” at least £9.4million for Douglas Costa amid interest from Leeds United and AC Milan. The Brazillian is currently on loan at Bayern Munich but unlikely to stay permanently. (Calciomercato) Photo: Stuart Franklin