Staveley’s £250 million up-front offer for Newcastle is the only one on the table Anna Gowthorpe/PAAmanda Staveley wants her bid of £250 million for Newcastle United to be accepted in a fortnight. The Middle East-based financier is keen to press ahead with her attempt to buy the club and is concerned about running out of time. She wants to complete the takeover well before the end of the January transfer window and the Premier League requires 30 days once agreement has been reached to undertake due diligence and ratify the deal. Ashley has rejected proposals for a series of staged payments that would generate a higher total and the £250 million offer, to be made in a one-off payment, is the only one on the table. The Newcastle owner had been hoping to get £380 million for the club and…

Source: The Times December 05, 2017 00:01 UTC