However, Telegraph Sport says that those reports are wide of the mark - with Ashley standing firm over his valuation.
Newcastle are now the subject of interest from Amanda Staveley, who was spotted at the Magpies’ last home match.
At this stage, Staveley’s interest is still at an early stage, and there is much work to do before a bid is submitted.
Staveley is said to have an interest in another two Premier League clubs, as well as Newcastle.
However, that has not stopped excitement building on Tyneside, with most Newcastle fans keen to see Ashley bought out by a new potential owner as soon as possible.