Paul Merson delivers verdict on Newcastle takeover, tells Amanda Staveley what needs to happen

DIC negotiator Amanda Staveley takes her seat before Liverpool took on Chelsea in their UEFA Champions League semi-final football match against Liverpool at Anfield in Liverpool, north...

Sky Sports pundit Paul Merson has a message for Amanda Staveley over her proposed takeover of Newcastle United.

DIC negotiator Amanda Staveley takes her seat before Liverpool took on Chelsea in their UEFA Champions League semi-final football match against Liverpool at Anfield in Liverpool, north...

Financier Staveley has submitted a formal takeover offer to Newcastle owner Mike Ashley to buy the club, as reported by Sky Sports.

According to Sky, Ms Staveley's PCP Capital Partners tabled a bid to buy Newcastle from Mr Ashley late last week following more than two months of negotiations.

Sky Sports claims Newcastle have denied the bid is worth in the region of £300m.

PCP's money is a combination of Ms Staveley's equity and that of her major investors, which include funds based in the Middle East.

Newcastle United fans celebrate at the final whistle during the Premier League match between Newcastle United and West Ham United at St. James Park on August 26, 2017 in Newcastle upon...

The news is welcomed by Magpies fans who are desperate to see their club compete with the Premier League elite in the transfer market once again.

But speaking as a guest on Sky Sports' The Debate show, pundit Paul Merson seemed unsure and told Staveley what needs to happen at the club if they are to have any chance of success.

"I think Newcastle are a prime example for the FA Cup," Merson told The Debate.

"I think if you didn't support Sunderland, who wouldn't want to see Newcastle win the FA Cup this year, because number one, their supporters and number two they haven't won anything for god knows how long.

"They're middle of the table, they're not getting relegated, they're not going to get in the top four, they should play their strongest team all the time.

Newcastle United's Spanish manager Rafael Benitez shouts instructions to his players from the touchline during the English Premier League football match between Burnley and Newcastle...

"Buy the club for £300 million? If you want to be successful, one you've got to keep the manager (Rafa Benitez) because he's probably in the top 10 in the world and the other thing, you need at least another £300million (to spend on players), at least £300 million."

It is a sobering thought that the Magpies must spend over a quarter of a billion pounds on transfers alone just to be competitive.

But Merson isn't alone in his thinking with Jamie Carragher recently suggesting they would need to spend double that to challenge at the top end of the Premier League.

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