A deal to sell Newcastle United to a Saudi Arabia-led consortium could be resurrected, the club's managing director suggested on Friday.

The investor group, which includes Saudi Arabia's Public Investment Fund, British firm PCP Capital Partners, and billionaire property developers David and Simon Reuben, announced Thursday that it had abandoned negotiations to buy Newcastle, citing the Premier League's prolonged review process and global uncertainty caused by the coronavirus pandemic.

"We acknowledge the statement issued on Thursday. Never say never, but, to be clear, (current owner) Mike Ashley is 100% committed to this deal," director Lee Charney said in a statement obtained by BBC Sport's Alistair Magowan.

"However, our current focus must now be on supporting (manager) Steve Bruce in the transfer market and on the preparations for the new season."