The club's current owner, Mike Ashley disclosed in an interview days ago that discussions over a sale of the club "are at a more progressed stage than they have ever been".
Newcastle fans are set for a major protest this weekend as they look to show their disapproval of Ashley's running of the club by boycotting the Wolverhampton Wanderers fixture.
Ashley's inability and unwillingness to sell the club for less than his reported UK£400 million (US$512 million) asking price has left the team in a constant state of on-field struggle.
Sources also insist there are three other parties who have agreed to meet the valuation in excess of £300m, although their identity remains unknown.
Ashley went public about being in advanced talks with a number of parties earlier this week to Sky News as he appears ready and eager to get away from the North East after 11 years.
Ashley said "I am hopeful for the Newcastle fans, for the club, for everyone, so I will be able to step aside and we can get an owner in that will please everybody".
Rafa Benitez is not getting caught up in any takeover talk as he tries to just focus on their next game against Everton.
"For us, we have experience of this". When we say, "business as usual", it's because we know that it will not change our plans. We are in the same situation that we were in before.
The Spaniard doesn't seem too convinced that anything is going to happen soon as he continues to plan for January as normal and explains how it was the same last season.