It looked like Unai Emery was heading to Tyneside and becoming Newcastle’s new manager, but in less then 24 hours the Villarreal boss has confirmed he is going nowhere.
The ex-Arsenal and Paris Saint Germain gaffer had been strongly linked with the Magpies hot seat, with some reports claiming he could have been in the dugout for Saturday’s trip to Brighton.
The Spaniard had been identified by the Saudi-led consortium as the perfect candidate to lead Newcastle to safety in the short-term, but also to be the man to carry us into a new era of success.
However, it appears Emery has rejected the £115k-a-week offer that was on table, as per the Northern Echo.
According to the Northern Echo, the Magpies are now turning their attention to former Bournemouth boss Eddie Howe.
However, although time is the essence and winless Newcastle are six points off safety after 10 games played, should PIF hold out a little bit longer to see if anything dramatically unravels at Everton regarding Rafa Benitez?
Staveley big fan of Rafa
TalkSPORT host Adrian Durham has previously claimed that Amanda Staveley wanted to prise Rafa Benitez from Everton and back to Newcastle.
The former Toon boss was on the back foot from the get go at Goodison Park following his previous connections to fierce rivals Liverpool.
But after a positive start to life in the Blue half of Liverpool, the wheels have fallen off for Benitez’s Everton.
Following the draw to Manchester United in the last match before the October international break, the Toffees have lost three straight games, including a 5-2 hammering at home to Watford.
With Everton set to welcome Tottenham to Goodison Park on Sunday, who will be a completely different proposition after the appointment of Antonio Conte, Benitez could be heading into the November international break on the back of four straight losses.
The discontent, moans and groans have already started to ring around the Everton faithful.
As we have seen this week at Tottenham, things can happen very quickly in football. One minute Conte is being touted as a potential replacement for Ole Gunnar Solskjaer at Manchester United, the next he is taking his first training session at Spurs.
Daniel Levy responded to the toxic atmosphere at the Tottenham Hotspur Stadium on Saturday by parting ways with Nuno Espirito Santo.
With four of Everton’s next five games coming against Spurs, Manchester City, Arsenal and Liverpool, Benitez’s honeymoon period at Everton is well and truly over and the cracks are starting to show.
The divide between the fan base and manager is widening with every passing game.
Newcastle desperately need to get a manager in for the first game after the November international break which is Brentford at St James’ Park.
But if Newcastle do go and hire Howe and Benitez leaves Everton just a month later, what happens then? Staveley and the rest of the consortium will probably be left kicking themselves.
But on the other side of the coin, Everton owner Farhad Moshri could well stand by Benitez and resist all temptation to give into the fans demands.
The Newcastle owners had hoped Benitez would still be in charge of the club or at least be available to be hired when their infamous takeover finally went through.
But that wasn’t the case. Following the Emery setback and the fractious relationship between the Everton faithful and Benitez growing, there could be an opportunity to bring the Spaniard back to Tyneside, the question is whether the owners are willing to drag out not having a manager for much longer.