Amanda Staveley is back after her shock Newcastle exit and another Premier League club could be set for a HUGE transformation
Amanda Staveley is reportedly engaged in discussions about investing in another Premier League club just days after her departure from Newcastle United. Staveley, along with her husband Mehrdad Ghodoussi, played an instrumental role in the £305 million takeover of Newcastle by Saudi Arabia’s Public Investment Fund (PIF) in October 2021, assuming positions as directors and minority co-owners. Initially, the couple secured a 10 percent stake in the Magpies, which eventually reduced to 6 percent. This week, it was announced that Staveley and Ghodoussi would be stepping down from their roles and selling their remaining shares to PIF and the Reuben family.
Staveley, armed with her substantial experience in the day-to-day operations of a football club, is now setting her sights on new investment opportunities within the Premier League. According to Bloomberg, the 51-year-old financier is seriously contemplating the acquisition of stakes in Tottenham Hotspur. This potential investment is supported by a significant capital raise of approximately £500 million ($649 million) through her investment firm, PCP Capital Partners. However, the identity of her financial backers remains undisclosed at this stage.
Reports suggest that Staveley has already initiated preliminary discussions with Rothschild & Co., financial advisors to Tottenham, regarding the acquisition of a minority stake. Tottenham Hotspur, under the astute leadership of chairman Daniel Levy, has achieved remarkable success off the pitch, highlighted by the construction of a state-of-the-art stadium. The club’s valuation, including debt, is estimated to be around £2.9 billion ($3.8 billion), according to consultancy group Football Benchmark.
Despite these off-pitch accomplishments, Tottenham Hotspur continues to grapple with the challenge of becoming regular contenders for Premier League and Champions League titles. Under the guidance of manager Ange Postecoglou, the club finished fifth in the league last season. Levy had previously expressed his openness to selling a stake in the club, stating to Bloomberg News that while he has no real interest in leaving Tottenham, he feels a duty to consider any proposals that may arise.
The discussions surrounding Staveley’s potential investment are still in their early stages, and there is no guarantee that they will culminate in a concrete deal. In addition to her interest in Tottenham Hotspur, Staveley is also considering investment opportunities in the French club AS Monaco. This potential expansion of her investment portfolio signifies Staveley’s enduring commitment to football and her ambition to play a significant role in the sport’s financial landscape.
Staveley’s involvement in the football world has been marked by her keen business acumen and strategic vision. Her departure from Newcastle United, after playing a pivotal role in one of the most high-profile takeovers in recent Premier League history, underscores her capacity for making bold and impactful business decisions. As she explores new avenues for investment, Staveley’s moves will undoubtedly be closely watched by industry insiders and football enthusiasts alike.
The potential acquisition of stakes in Tottenham Hotspur could represent a significant shift in the club’s ownership structure and financial strategy. Tottenham’s remarkable infrastructure and substantial fan base make it an attractive investment proposition, even as the club continues to strive for greater success on the field. The next steps in these discussions will be critical in determining whether Staveley’s ambitious plans will come to fruition and what impact they will have on the broader Premier League landscape.
In summary, Amanda Staveley’s interest in investing in another Premier League club so soon after her departure from Newcastle United highlights her ongoing commitment to the football industry. With her eyes set on Tottenham Hotspur and possibly AS Monaco, Staveley is poised to continue her influential presence in the sport’s financial and operational spheres. The outcome of these early-stage discussions will be eagerly anticipated, potentially heralding significant changes for the clubs involved and the Premier League as a whole.