Amanda Staveley's Saudi Arabia-backed Newcastle United takeover still have their eyes firmly on the prize when it comes to reviving the fortunes of the much-maligned Magpies.

Reports from Italy over the weekend suggested that Staveley, the Public Investment Fund and the Reuben brothers had switched attention to Serie A and possible takeover at Inter Milan.

But not only do the Middle East group want to resume the plans they had for United, the move for a Premier League side makes much more business sense given the TV bonanza from top-flight chiefs compared to the once mighty Serie A.

As Staveley and co wait for the outcome from Mike Ashley's legal battle with Prem chiefs Chronicle Live understands that there is hope of a summer conclusion of the arbitration case.

Although, some observers believe that possible roadblocks from the Premier League - who refused to sanction the deal in the first place - could still occur.

And other legal sources feel that Ashley's decision to try to get Michael Beloff QC booted off the arbitration panel may also delay the legal fight.

Either way the Middle East group will remain patient and wait for what fans pray will be a positive outcome.

However, in the eyes of Ashley he has ALREADY agreed a deal with the Middle East consortium and nothing has changed his mind about the £340million sale.

Sources at St James' Park admit that Ashley is resigned to moving on after being on the scene since 2007 and there have certainly been no denials on stories of the agreement with Staveley and co in recent times.

The would-be buyers are delighted to see Newcastle edging closer to Premier League safety.

Staveley's husband tweeted after the West Ham win and simply said: "Great result".

The fact that those close to Staveley's inner circle are publicly supporting the Magpies during their bid to survive in the top-flight is deemed as a big positive.

The group thought they had a deal clinched last June before the Premier League told them they could not pass or reject the deal, offering arbitration to decide the deal.

PIF released a statement last July that read: "We feel great compassion for the Newcastle United fans with whom we shared a great commitment to help Newcastle United harness its tremendous potential and build upon its impressive and historic legacy while working closely with the local community."