MIKE ASHLEY has issued a statement insisting that he wants Rafael Benitez to stay in his current position as manager of Newcastle United.

Ashley, who has not attended a single home match all season, congratulated Benitez for his efforts in keeping Newcastle in the Premier League this season.

And the controversial owner claimed he will back his manager in the transfer market this summer.

In a statement posted on Newcastle's official website, Ashley said: "I would like to thank Rafa Benitez for his magnificent achievement this season.

"I would also like to applaud the players, led fantastically by the captain Jamaal Lascelles.  

"On many occasions throughout the season they have been described as a Championship side, which I personally consider to be derogatory.

"Rafa, as always, has my full support, and contrary to some media reports that portray me as a pantomime villain, I will continue to ensure that every penny generated by the club is available to him.

"I hope very much that Rafa will remain at Newcastle United.

"Finally, I would like to thank the fans for their unrivalled support of Rafa and the team throughout the season."