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As featured on NewsNow: Football news

Newcastle boss Benitez to be handed £500 MILLION for transfer plans

Newcastle United boss Rafa Benitez could be handed a staggering £500m to spend by the club's potential new owners.

The Daily Express says financier Amanda Staveley is lining up a £300m bid for the Magpies which is some £100 million short of Ashley's valuation of the club but talks are set to continue in a bid to agree a deal.

Staveley controls around £30 billion of capital through her PCP Capital Partners.

And Benitez will be given substantial funds on new players as much as £500 million in the next two transfer windows to turn Newcastle into title contenders.

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Paul Vegas

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