It has been claimed that the proposed loan fee stopped a late move for the 23-year-old. However, former Crystal Palace owner Simon Jordan has disputed the reported deal figures on talkSPORT.
“There wasn’t a loan fee,” said Jordan. “The wages weren’t £60,000-a-week. It was even less than that – a lot less than that.
Jordan then claimed that Ashley – who put the club up for sale in late 2017, and is looking to resurrect a proposed £300million sale to a consortium led by financier Amanda Staveley through arbitration – wants the club, hit by the coronavirus pandemic, to be “entirely self-sufficient”.
“You’re moving into a territory where Mike Ashley ... I don’t think he wants to put a penny into Newcastle,” said Jordan. “He wants Newcastle to be entirely self-sufficient.
“Since the pandemic, Newcastle haven’t turned a profit. Steve has moved from a difficult position to an almost untenable one.
“You’ve got to back your manager. Defensively and midfield-wise, they’re lightweight. They haven’t got the legs, they got ripped apart by West Ham, and got overran by Southampton in the second half.”
We’ve gathered the best of today’s Premier League speculation below…
Jordan then claimed that Ashley – who put the club up for sale in late 2017, and is looking to resurrect a proposed £300million sale to a consortium led by financier Amanda Staveley through arbitration – wants the club, hit by the coronavirus pandemic, to be “entirely self-sufficient”.
5. Summerville in demand
Leeds rejected interest from multiple EFL and foreign clubs for Crysencio Summerville during the transfer window. (Football Insider) (Photo by George Wood/Getty Images)
Photo: George Wood
6. Toon missed out on Carter-Vickers
Newcastle United were "very interested" in making a move for Tottenham's US international defender Cameron Carter-Vickers this summer. (Chronicle) (Photo by Gualter Fatia/Getty Images)
Photo: Gualter Fatia
7. Toon failed with Diakhaby effort
Newcastle United showed strong interest late on for Valencia defender Mouctar Diakhaby. However, the Magpies did not make an offer that would have satisfied the Spanish club’s demands. (Super Deporte) (Photo by Denis Doyle/Getty Images)
Photo: Denis Doyle
8. Norris surprised by Huggins exit
Former Leeds United midfielder David Norris has admitted that he found it surprising that the club decided to sell right back Niall Huggins to Sunderland this summer. (Football League World) (Photo by Clive Brunskill/Getty Images)
Photo: Clive Brunskill