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Reports: Newcastle United takeover back on thanks to recent form

ByRoy Emanuel|
LONDON, ENGLAND - JUNE 07: Sports Direct International founder Mike Ashley (R) walks into the Red Lion pub in Westminster before attending a select committee hearing at Portcullis house on June 7, 2016 in London, England. Mike Ashley is to face the Business, Innovations and Skills Parliamentary Select Committee on working practices at his Sports Direct Shirebrook Warehouse in Derbyshire. In a letter to his staff he admitted that the centre needed 'improvements' after investigations found that staff had been paid less than the minimum wage and ambulances had been called to the complex 76 times in two years as staff were 'too scared' to call in sick. (Photo by Carl Court/Getty Images)
LONDON, ENGLAND - JUNE 07: Sports Direct International founder Mike Ashley (R) walks into the Red Lion pub in Westminster before attending a select committee hearing at Portcullis house on June 7, 2016 in London, England. Mike Ashley is to face the Business, Innovations and Skills Parliamentary Select Committee on working practices at his Sports Direct Shirebrook Warehouse in Derbyshire. In a letter to his staff he admitted that the centre needed 'improvements' after investigations found that staff had been paid less than the minimum wage and ambulances had been called to the complex 76 times in two years as staff were 'too scared' to call in sick. (Photo by Carl Court/Getty Images)

The future of Newcastle United could completely change this summer.

Newcastle United and manager Rafa Benitez have just about completed their mission this season, as three consecutive victories have the club tenth in the Premier League table and out of relegation danger. That aspect was a key element of what led to takeover negotiations falling apart earlier this season, but now reportedly have turned things around for the future of the Magpies.

The Mirror reported this past Sunday that talks between Mike Ashley and Amanda Staveley are back on for the purchase of Newcastle, with discussions taking place over the past few weeks. With the Toon progressing up the table, a potential deal in the summer could be on the cards.

The asking price was the major obstacle during previous meetings between the two sides, as Ashley felt that Staveley and PCP Capital Partners were not reaching his reported asking price of £350 million.

https://twitter.com/YahooSportUK/status/983319113756901378

The key influence to these talks forming yet again clearly coincide with the team’s resurgence in form, as fears of “the drop” are no longer clouding the future of the club.

With the Magpies set for the Premier League in 2018-19, Ashley will likely be able to secure the amounts that he desired when he first expressed his choice to sell last summer.

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While it is a positive to see these talks materialise after takeover possibilities crumbled in a very public (and somewhat embarrassing) manner, details at this point are minimal at best.

Future performances

Since the club’s position in the top flight was so important for Ashley and Staveley, it will be interesting to see what the remainder of the term brings on the pitch. If the Magpies continue to climb even further, that theoretically could influence purchase negotiations.

The critical task of Premier League safety is virtually complete, as the energy on Tyneside continues to rise with each passing week.

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Amanda Staveley and PCP Capital Partners appeared to be heroes for Newcastle United fans everywhere earlier this season, and they still might be.