Terry Venables rejects the chance to take over as Newcastle's interim manager. (Press Association, 2122 BST)

Terry Venables has been contacted by Newcastle about becoming their new boss. (Various)
Venables linked with Magpies role

Venables is set for talks with the Magpies and will let them know on Thursday whether he wants to become their caretaker manager. (Daily Mirror)

Or, Venables held talks before Wednesday's Carling Cup defeat by Tottenham and rejected a week-to-week deal before agreeing to sleep on the proposal. (Daily Telegraph)

Despite the uncertainty over the future ownership of the club, Newcastle hope to lure Venables by offering him a short-term deal, and paying him accordingly as a fire-fighter. (The Independent)

The Magpies have also contacted another former England and Tottenham manager, Glenn Hoddle, about the post. (The Times)

If Venables and Hoddle both say no, Newcastle will turn to another former Spurs manager, George Graham. (Daily Telegraph)

Newcastle's current owner Mike Ashley hopes to announce a successor to Kevin Keegan before Saturday's home game against Blackburn. (The Times)

Tottenham assistant manager Gus Poyet, Blackburn boss Paul Ince and former French international Didier Deschamps are no longer in the frame for the St James' Park post. (The Times)

Chris Nathaniel, who is fronting a Nigerian consortium reputedly interested in a takeover at Newcastle, hopes there will be movement in their bid over the next 48 hours. (The Independent)

Nathaniel is ready to make an announcement on the group's plans to buy the Magpies and says one of their first acts could be to reinstall Kevin Keegan as boss. (Daily Star)

Keegan is believed to be preparing a case for constructive dismissal against Ashley after losing a power struggle over transfer policy with director of football Dennis Wise. (Daily Telegraph)

Other prospective buyers for Newcastle include groups from the United States, Kuwait and the Far East. (Daily Telegraph)

Premier League chief executive Richard Scudamore will not stand down over the Carlos Tevez affair. (The Times)

As well as taking their appeal over the Football Association arbitration panel's ruling on the Tevez affair to the Court of Arbitration for Sport, West Ham are set to challenge Sheffield United's estimated cost of relegation. (The Times)

Sheffield United will spend any windfall they get from the Tevez ruling to bid for Wigan midfielder Michael Brown and Hull star Peter Halmosi. (Daily Mirror)

West Ham chief executive Scott Duxbury could lose his job in the fallout from the latest revelations in the Tevez affair. (The Guardian)

The Hammers are expected to escape any further Premier League investigation or charges over the saga. (The Guardian)

But Duxbury is almost certain to be subjected to a new Premier League investigation into his role in the Tevez scandal. (Daily Mail)

The full findings of the FA's arbitration panel have not yet been made public and the Premier League does not expect to view the three-man body's judgement until next week. (The Guardian)

West Ham have turned to Manchester United solicitor Maurice Watkins - the man who untangled Tevez's complicated transfer from the Hammers to Old Trafford - to advise them following the latest developments in the saga. (Daily Express, Daily Telegraph)

Sheffield United players are examining their own rights to take action against the Hammers for loss of individual earnings in dropping out of the Premier League. (Daily Mail)

Manchester City are ready to bid £48m for Atletico Madrid's Argentine star Sergio Aguero to trigger a release clause in his contract. (Daily Mirror)

City were due to have two scouts watching Aguero play against Getafe on Wednesday and will bid £40m for him in January. (Daily Star)

Celtic are ready to make a £750,000 bid for 23-year-old Swiss star Sandro Burki after the Aarau midfielder visited Glasgow last week. (Scottish Daily Express)

Birmingham are set to sign Scotland midfielder Nigel Quashie on loan from West Ham. (Daily Star)

Middlesbrough will have to outbid Ajax if they are to sign Standard Liege midfielder Steve Defour in January. (Daily Telegraph)

Liverpool are set to make a £15m offer for Tottenham's Welsh defender Gareth Bale in January. (The Sun)

Hearts majority shareholder Vladimir Romanov has turned down a huge bid to buy the club from a group of foreign business men who wanted to snap up his 82% stake in the Edinburgh club. (The Scottish Sun)

Ukraine and Poland will find out on Friday whether they will be able to host the European Championship finals in 2012 as planned. (The Times)

Uefa is set to rubber-stamp an expansion of the European Championships from 16 to 24 teams from 2016 - a move that will limit the pool of potential hosts. (The Guardian)

Former Manchester City and West Ham midfielder Steve Lomas is in the frame to become the new boss of Colchester United. (Daily Mirror)

Veteran Hull striker Dean Windass could move to Grimsby as player-boss after Alan Buckley's sacking last week. (Daily Mirror)

Windass has threatened to quit Hull unless he is given a chance for the Tigers in the Premier League. (Daily Star)

The Football Association is in talks to introduce heavier punishments for career-threatening tackles such as Middlesbrough captain Emanuel Pogatetz's challenge on Rodrigo Possebon. (The Times)

Former Everton defender Alan Stubbs has returned to the Toffees to take up a coaching role. (Daily Star)

Liverpool goalkeeper Pepe Reina says his side need to beat Everton in Saturday's Merseyside derby to prove they have enough character to win the Premier League title. (Daily Star)

Wembley National Stadium Ltd are close to securing a refinancing deal that will save as much as £3.5m a year in interest payments and ease the financial burden on the organisation. (Daily Telegraph)

Dundee's veteran midfielder Colin Cameron will not play again this year because of a knee injury. (Daily Record)

Ebay reports that sales of blue tea towels have increased by 1,650% since Manchester City were taken over by the Abu Dhabi United Group. (The Times)