Newcastle United owner Mike Ashley has stated that the club is not for sale "at any price" - even if they are relegated from the Premier League.

The Magpies head into the final day of the campaign two points above the drop zone, but Ashley has rejected talk of offloading the club if they are demoted to the Championship.

Ashley told Sky Sports News: "[The club is not for sale] at any price. I am here until we win something, and when I say 'win something', if we ever get into a position of being in a Champions League place, that also counts as winning something.

"From this day forward we will be making our own luck. I didn't envisage us being in this position at Christmas. Obviously, after the last couple of weeks I'm still a little bit shocked at where we find ourselves today.

"I will continue the policy of investing in the football club. We have got the club on a very sound financial footing, so we are able to spend and punch above our weight thanks to the current financial situation the club finds itself in."

Caretaker coach John Carver is unlikely to be given the job on a full-time basis.