Soccer

Ashley seeks improvement in Staveley’s near-£300m bid for Newcastle United

• Amanda Staveley’s PCP Capital Partners in negotiations over buyout
• Potential new owners want to see Rafael Benítez stay as manager

Mike Ashley wants Amanda Staveley to improve her offer for Newcastle United before he considers accelerating the pace of takeover talks.

A formal, near-£300m bid from Staveley’s Dubai-based financial advisory firm, PCP Capital Partners, lies on the Newcastle owner’s table but adjustments will need to be made and compromises reached before Ashley broadly accepts an offer to buy him out at St James’ Park.

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