Newcastle owner Mike Ashley has ended takeover talks with prospective buyer Amanda Staveley.
Ashley, who put the club up for sale in October, had been engaged through his representatives with Staveley's PCP Capital Partners in a bid to thrash out a deal for the club he has owned for more than a decade.
However, it emerged on Tuesday evening that he had finally lost patience and ended negotiations.
A source close to Ashley said: "It's only right to let the fans know that there is no deal on the table or even under discussion with Amanda Staveley and PCP.