Rafael Benitez: Newcastle boss says teams with more money want him in charge

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Benitez was named Premier League manager of the month for November after three straight wins moved Newcastle out of the relegation zone

Newcastle manager Rafael Benitez says he has rejected various offers to take charge at other clubs, despite the prospect of larger budgets there.

After a good run in November, the Magpies have slipped to within two points of the relegation zone, and have yet to make signings in January.

“I had teams, agents, talking with more money than here,” said Benitez.

“The reality is we have to compete in a division when we cannot compete against Bournemouth, who are spending money.”

Newcastle have equalled their lowest points tally after 21 matches of a Premier League season – they also had 18 at this stage in 2015-16, when they were relegated – amid ongoing uncertainty about a possible takeover.

Owner Mike Ashley put Newcastle up for sale in October 2017 having bought the club 10 years earlier.

Supporters stayed out of their seats until the 11th minute of the game against West Ham in December to protest against Ashley’s 11-year tenure.

But former Valencia and Liverpool boss Benitez insisted he did not share the fans’ frustration over the lack of new signings, despite claims that he and Ashley do not speak directly.