A Chicago-based investment firm has acquired a 25% stake in Bournemouth - leading to claims the club will look to spend big in January.

Newcastle are likely to make a fresh attempt to sign QPR striker Charlie Austin in January, Magpies boss Steve McClaren has revealed.

Charlie Austin has revealed he turned down a move to one Premier League club but says a switch to Manchester United "was never on the cards".

Newcastle reportedly rejected the opportunity to sign Charlie Austin on deadline day, while also rejecting an approach for Rolando Aarons.

Newcastle reportedly refused to pay £15million for Charlie Austin due to fears over his fitness, but could resurrect their interest in January.

Charlie Austin is set to stay at QPR, with none of Bournemouth, Newcastle, Tottenham, West Brom or West Ham willing to meet his asking price.