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Amanda Staveley 'in talks' with new Premier League club just days after Newcastle departure

Home> Football> Football News

Published 14:35 18 Jul 2024 GMT+1

Amanda Staveley 'in talks' with new Premier League club just days after Newcastle departure

Staveley wants to return to the Premier League just days after leaving Newcastle.

Alex Brotherton

Alex Brotherton

Amanda Staveley is 'in talks' about investing in a Premier League club just days after leaving Newcastle United.

Staveley and her husband, Mehrdad Ghodoussi, became directors and minority co-owners of Newcastle in October 2021 when they helped to orchestrate the £305 million takeover of the club by Saudi Arabia's Public Investment Fund (PIF) in 2021.

The couple took a 10 per cent stake in the Magpies, before their shares decreased to 6 per cent.

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Earlier this week it was announced that the couple would step down from their positions and sell their remaining shares to PIF and the Reuben family.

Having gained experience in the day-to-day running of a football club, Staveley is already looking to invest in another Premier League side.

According to Bloomberg, the 51-year-old is considering buying stakes in Tottenham Hotspur, having recently raised around £500 million ($649 million) through her investment fund PCP Capital Partners.

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It is unclear who Staveley's backers are.

She has reportedly already held initial discussions about buying a minority stake with Rothschild & Co., an adviser to Tottenham.

Tottenham have excelled off the pitch under the stewardship of chairman Daniel Levy, having built a state-of-the-art stadium. The club has a valuation of around £2.9 billion ($3.8 billion) including debt, according to the consultancy group Football Benchmark.

However, Spurs are still some way of becoming regular Premier League and Champions League title challengers. Last season Ange Postecoglou led them to a fifth place league finish.

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Last year, Levy told Bloomberg News that he was open to selling a stake in the club. "I’ve got no real interest to leave Tottenham, but I have a duty to consider anything that anyone may want to propose," he said.

Discussions are at an early stage, so may not lead to any investment at all.

Other investment targets for Staveley include French club AS Monaco.

Featured Image Credit: Getty

Topics: Newcastle United, Premier League, Tottenham Hotspur, Football

Alex Brotherton
Alex Brotherton

Alex Brotherton is a journalist at SPORTbible. He has previously worked with publications including the Manchester Evening News, GOAL and BBC Sport. He is a football fanatic, but also dabbles in tennis and American football. He can often be found watching dreadful non-league football.

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@alex_brotherton

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