Rafael Benitez is out of contract at Newcastle United this summer.

It has been reported that Ashley is close to selling Newcastle to Sheik Khaled, an Emirati member of the family who govern Abu Dhabi, for £350 million.
The report has also claimed that the prospective new owner of Newcastle wants Rafael Benitez to be in charge of the first team next season.
The former Liverpool and Chelsea manager is out of contract at the Magpies this summer, and no new deal is in place.
According to The Sun, contracts regarding the takeover have been signed and submitted to the Premier League.

Rafael Benitez stay
Benitez is one of the best managers in the world, and the Spaniard staying at Newcastle is certainly going to be massive for the Magpies.
Newcastle are a big club and have a strong following, and if Benitez is backed in the summer transfer window, then the former Real Madrid head coach could build a team competitive enough to at least challenge for a top-10 finish in the Premier League.

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