Toon sale talk 'rubbish'
New Newcastle managing director Derek Llambias insists it is "nonsense" owner Mike Ashley is trying to sell the club.
Reports last week claimed American investors had been approached about a possible takeover of the club.
Llambias told the club's website: "It's annoying we have to continually correct inaccurate newspaper stories. Whoever is putting these stories around is trying to destabilise the club."