American investors InterMedia Partners claim they have been approached about a possible takeover of Newcastle.
The club described claims owner Mike Ashley had met with the New York-based private equity firm as "absolute nonsense" on Friday.
InterMedia have now confirmed they were contacted by an unnamed party with regard to a buyout but had no interest in taking the discussion further.
A spokesman told BBC Sport: "InterMedia was approached about a deal, made no offer and has no interest."
Ashley completed a £134.4million takeover of Newcastle last summer and has since invested £100million in paying off debts and strengthening the squad.
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weres all the fight gone from newcastle gone . even with keegan bck theres no fight at all. newcastle are at the moment are wipping boys for the bigger clubs . ashley need to clear out the @#$% and put his money were his mouth is or sell and get the hell out of the toon because it hurts me to say all we will be doing again this season is fighting 4 survival ant there is a strong chance of relegation unles the club big boys do something as the like of owen and martins will be off like a shot toon 4 ever
The under performing players are sucking the lifeblood out of Newcastle and Ashleys pocket.No European football but plenty of helicopter flights to see how the latest investments running
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