Latest Exciting News On Potential Amanda Staveley Takeover – Things Could Start To Move Quickly


There was news yesterday coming from the Middle-East yesterday that the sale of Newcastle United to Amanda Staveley as the main buyer could move quickly and the report suggested it could be completed even before the end of the year.

Arab News are reporting that a source close to Staveley claims that interest is at an early stage but that Staveley is hoping if she decides to buy Newcastle United that the deal could go through quickly – possibly by the end of the year.

We think that is unlikely, but Amanda knows what it takes to buy a club as she’s been involved in these deals a few times before and she’s a top financier.

Amanda Staveley – could be next Newcastle United owner?

Here’s an extract from the Arab News report:

“Amanda Staveley, the financial entrepreneur who made her name in Middle East investment, could use Arabian Gulf money in a possible takeover of English football club Newcastle United.”

“She is said to be interested in the club in the northeast of England, believing it shares similar characteristics to Manchester City, which she helped Sheikh Mansour bin Zayed Al-Nahyan of the UAE buy in 2008 for £210M ($278M), and which has since risen to the top of the English Premier League (EPL) helped by a big injection of Gulf cash.”

“A source close to Staveley told Arab News that her interest in Newcastle was at an early stage, that there had been no talks yet with Mike Ashley, the current owner, and that she was still interested in other clubs in the EPL.”

“But it was also indicated that a deal could be done relatively quickly, if serious talks got underway, possibly by the end of the year.”

“Like Manchester City, Newcastle is a traditionally strong footballing brand in a city that is enthusiastic about the game.”

“Unlike the City deal, however, in which Staveley acted as an adviser to Sheikh Mansour, she would be the principal investor in Newcastle, via her firm PCP Capital Partners.”

“Any bid would be backed by funds from her extensive network of contacts in the Middle East, Asia and elsewhere.”

“Globally PCP has $37B (£28B) of assets under management, with Staveley acting for big Gulf investors in London real estate and other assets, as well as for wealthy Chinese investors.”

“Any discussions between Staveley and Ashley are likely to focus on price. Ashley is said to have spent £300 million on the club in the 10 years he has owned it, so any deal would probably have to start at that price.”

“”The identity of Middle East investors to help fund Staveley’s possible bid is not yet known.”

“She has extensive connections in the UAE and Qatar, and has also been looking increasingly at Saudi Arabia, where she said she saw big investment opportunities on the back of the Vision 2030 transformation strategy.”

Things seem to be set up for Staveley to now start talks with Justin Barnes as the next step, and Barnes will handle the business for Newcastle United owner Mike Ashley – at least initially.

But we have no idea what Ashley wants to do and whether he will be willing to sell Newcastle United but if Amanda bids around £400M for the club then Mike might want to do the deal.

It could all come down to the amount Amanda bids, but this potential deal seems to have been worked on before now, and maybe things can move quickly – always assuming Amanda decides she wants to buy Newcastle United.

That’s the latest on the situation, and things do seem to be moving, and the next step would seem to be a meeting between Amanda Staveley and Justin Barnes and Lee Charnley.

Justin will be representing Mike Ashley and will know the type of deal Mike is looking for.

We’ve been in this situation before where hopes that Mike Ashley would sell.

But not to a person like Amanda Staveley who would seem to be a great owner for Newcastle and she’s also much better looking than Mike.

🙂

But we have to be a little careful, nevertheless, it’s a huge and exciting development at the club for the fans.

It’s also a bit of a life-saver that this has come during the International break when there’s usually nothing much going on at all.

It will be unbelievable if Amanda ends up buying Newcastle United.

Unbelievable I tell you!

Comments welcome.



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12 comments so far

  • Jib

    Oct 5, 2017 at 7:28 AM

    Comment #1

    In the same article

    “Staveley attended a football match in Newcastle last weekend as the guest of Rafa Benitez, the manager, signaling her interest in a possible takeover of the club.”

    I see the main attraction being the ownership of the Stadium is by the local council (like the Etihad ) which means the removal of a lot of potential headaches for any owners.

    Rafa once again is showing what a frighteningly media savvy operator he is.

    He saw the Ashley interview where MA famously said “if anyone out there – etc. yadder yadder” and thought “right ya bugga I’ll call your bluff (bien – ya sabes lo que – voy a llamar a su farol)” .

    4
  • Ron Knee

    Oct 5, 2017 at 7:28 AM

    Comment #2

    Morning jesper

    Tough match against Montenegro tonight?

    0
  • jesperfuglsang - capt'n awesome of the lemon crew

    Oct 5, 2017 at 7:32 AM

    Comment #3

    Morning Ron!

    It’s definitely a most win my friend

    1
  • cyprus

    Oct 5, 2017 at 7:36 AM

    Comment #4

    Let’s make this clear:

    1. Amanda can’t afford us. She really can’t.

    2. Her assets management company we don’t want. Because they want be their assets to expand it milk us.

    If Amanda knows one or more petrodollar Arabs, or whatever crazy billionaire with money to blow and who doesn’t care about the bottom line, then great.

    2
  • cyprus

    Oct 5, 2017 at 7:38 AM

    Comment #5

    So if her company can broker a deal, like City, she’s welcome to the commission.

    3
  • cyprus

    Oct 5, 2017 at 7:39 AM

    Comment #6

    Apologies, some autocorrect at point 2. You get the idea.

    0
  • Ron Knee

    Oct 5, 2017 at 7:41 AM

    Comment #7

    “Ghana’s chances to qualify for the 2018 Fifa World Cup have been hit by a fresh blow after Newcastle United midfielder Christian Atsu pulled out of game against Uganda.

    “The 25-year-old sustained an injury in the previous game against Congo and has been advised by his club to rest after playing through pains recently.”

    2
  • Slank

    Oct 5, 2017 at 7:49 AM

    Comment #8

    The current hullabaloo is an open invitation for Mazher Mahmood to turn up at St James Park for our next game in all his Middle Eastern finery.

    0
  • jesperfuglsang - capt'n awesome of the lemon crew

    Oct 5, 2017 at 8:03 AM

    Comment #9

    Cyprus…I really don’t want to be owned by a unethical foreign entity…

    Can you tell a PL club owned by one of these foreign entities you want to emulate?

    0
  • Billy Whitehursts V sign

    Oct 5, 2017 at 8:05 AM

    Comment #10

    Slightly off topic but I hate international breaks! Its only been 3 days and it seems like forever.

    Pointless, rubbish games. Does anyone really care? especially in England, other than the Southern media?

    Rant over, hope we get took owa 🙂

    4
  • Mindshaft

    Oct 5, 2017 at 8:06 AM

    Comment #11

    Think I’m actually bored of this story already

    4
  • Mindshaft

    Oct 5, 2017 at 8:12 AM

    Comment #12

    Yup – international breaks are painful and it’s like they seem to be coming around on a monthly basis- I really couldn’t give a t055 about sourthen United England

    1

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