Alan Shearer has insisted Newcastle United are in desperate need of a takeover – but is suspicious about whether Mike Ashley will sell-up soon.
Boss Rafa Benitez is continuing his job assuming that owner Ashley will stay in charge.
That includes putting together the financial detail of how to buy his top target, £15m attacker Miguel Almiron and urging the club to do the deal.
Shearer is hoping the latest takeover rumours, which centre around ex-Manchester United chief Peter Kenyon raising cash to launch a bid, are more “substance than rumour.”
Shearer warned: “I can’t get excited at all about the potential takeover at Newcastle.
“We have been there before, and heard it all before.
“It seems that these rumours always resurface around the January transfer window and it’s a bit like Groundhog Day to be honest.
“That said, it is definitely much needed so I hope that this time there does end up being more substance behind the rumours.”
He told Coral: “On the pitch, they have been putting together some much better results after a tricky start to the season.
“They came unstuck against West Ham but they bounced back with a good point at Everton, so overall there has been much more promise and that’s been great to see.”
Benitez has the Paraguayan attacker, currently playing for Atlanta in the MLS, very high on his target list.
The 24-year-old reported in the United States to be ready to agree to a move to Newcastle with a deal close.
Reports in Italy say Newcastle have checked on ex-Sunderland striker Fabio Borini who is at Milan and available for transfer. No offer has been made.