Rafa Benitez's future at Newcastle is likely to be dependent on a renewed bid for the club from PCP Capital Partners in the coming weeks.
The Newcastle manager is ready to leave at the end of the season rather than attempt to negotiate another summer transfer window with Mike Ashley in charge.
And Newcastle's takeover talks could be revived this month in the wake of the announcement of the Premier League's new TV deal.
Though owner Mike Ashley dismissed Amanda Staveley's PCP Capital Partners as 'time-wasters' last month, it is likely that a final bid will be made once the issue of domestic TV rights is settled and Newcastle have secured enough points to stay up.