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Newcastle United owner Mike Ashley has not taken the club off the market - despite the breakdown during sale talks with Amanda Staveley and PCP Capital Partners.

Ashley lost patience during the discussions with PCP Capital Partners and it is understood he was irked by fresh claims of a £300million bid in Tuesday morning’s tabloids.

It is believed Ashley did not want fans to feel a deal was closer than recent reports suggested.

Newcastle United aren’t commenting on the record on the club’s sale or the situation surrounding PCP Capital Partners due to the delicate nature of any non-disclosure agreements in place.

It is thought that Ashley will only consider deals north of £300million and while he is still open to payment via instalments, he is not interested in any type of purchase that includes clauses such as price reduction for Premier League relegation or future sanctions surrounding the HMRC.

Ashley also wants negotiations to remain private after a series of leaks during talks with PCP Capital Partners that effectively called time on the deal.

The Toon owner was left bemused by the sight of photographers as he left the Paradise curry house back in December, after an impromptu meeting with Staveley, and only wants to make an announcement on the situation when a deal is struck.

Despite the breakdown of the talks with Staveley, Ashley remains open to offers and would be keen to see proof of funds from ANY group, providing the bid is over £300million and the deal contains no caveats.

Staveley’s bid still remains on the table and there is still thought to be interest from PCP Capital Partners, despite what has unfolded in the last 24 hours.