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Newcastle latest news: Toon continue takeover talks with Amanda Staveley after PCP staff attend Palace win

The financier was not at St James' Park for the dramatic victory over the Eagles, the Yorkshirewoman and her PCP Capital Partners group continue discussions

Gary Stonehouse

Published: 15:42, 23 Oct 2017
Updated: 15:46, 21 Nov 2017

AMANDA STAVELEY and her PCP Capital Partners group will continue takeover talks with Newcastle United this week.

The Yorkshirewoman was not in attendance to watch the Magpies in action against Crystal Palace on Saturday.

Amanda Staveley will continue takeover talks with Newcastle this weekCredit: Rex Features

However, it is believed that she never had any plans to be in the crowd for the Toon's 1-0 win over the Eagles with discussions now well underway to buy the club.

Current owner Mike Ashley, who has not been a frequent attendee at St James' Park in recent times, was also not up in the North East.

Even though financier Staveley was not there, the Chronicle claim that other members of the £29billion valued group were on a watching brief.

Staveley signed a non-disclosure agreement last week with Newcastle.

Staveley was not in attendance to watch the win over Crystal PalaceCredit: Getty

Newcastle are on the verge of being taken over by Amanda Staveley and her PCP Capital Partners groupCredit: Getty Images - Getty

And officials have now entered the "data room" stage of due diligence.

This process could go on for upto a month until the PCP decide whether to lodge a formal offer or not.

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Reports over the weekend claimed that Rafa Benitez would be handed a huge transfer budget by Staveley should the takeover be completed.

The Newcastle board have made clear to interested parties that they must show a statement of intent when it comes to ambitions as well as proof of funds.