Newcastle managing director Lee Charnley has insisted that controversial owner Mike Ashley remains '100 per cent committed' to completing the sale of the club.
The proposed £300million takeover by a Saudi Arabian-led consortium sensationally collapsed on Thursday following four months of scrutiny over piracy concerns and human rights complaints in the Gulf state.
Ashley appeared to have been left without a buyer, but Charnley revealed in a statement on Friday morning that the British entrepreneur is still desperate to sell up.
The £300m Saudi Arabian-led takeover, helmed by Amanda Staveley, collapsed on Thursday
The consortium, which agreed a deal with Ashley in April, was heavily backed by Saudi Arabia’s Public Investment Fund and spearheaded by businesswoman Amanda Staveley.