The club described claims owner Mike Ashley had met with the New York-based private equity firm as "absolute nonsense" on Friday.

InterMedia have now confirmed they were contacted by an unnamed party with regard to a buyout but had no interest in taking the discussion further.

A spokesman told BBC Sport: "InterMedia was approached about a deal, made no offer and has no interest."

Ashley completed a £134.4million takeover of Newcastle last summer and has since invested £100million in paying off debts and strengthening the squad.