Newcastle will be targeted by a £350million bid if their Saudi Arabian takeover is rejected, according to reports.
Amanda Staveley is leading the £300m bid with the Saudi Public Investment Fund set to hold an 80 per cent stake in the club.
But should the Saudi consortium fail in their proposed takeover, The Daily Mirror claim the Magpies may already have another potential buyer in American media mogul Henry Mauriss, who is believed to have been negotiating with current owner Mike Ashley since last year.
But his attempt to buy the club is on the back burner while the Premier League deliberate on the proposed £300m Saudi deal.