Good News On Amanda Staveley’s Status – If Newcastle Bought By Her Company


The Telegraph is reporting today that 44-year-old Amanda Staveley is about to bid for Newcastle United through her PCP Capital Partners and backed by some wealthy Middle East investors.

There was news a few weeks ago that Amanda would be the principal owner of Newcastle if the deal goes through and the Telegraph are reporting that is still the case.

There have been reports that perhaps she was just leading the bid on behalf of other investors which she did when Manchester City were sold back in August 2008 but that’s not the case with Newcastle.

Nine years ago she led the deal that saw Sheikh Mansour and the City Football Group buy Manchester City, and since then they have been very successful fueled by huge funds invested in the playing staff.

Amanda signed non-disclosure forms only last Saturday and has started an intense period of due diligence looking into Newcastle’s financial situation before she lodges her official bid.

Amanda Staveley – potential new owner of Newcastle United

It is not known who her financial backers are at this time.

Ashley’s lawyer Andrew Henderson says there has been lots of interest since the club was officially put up for sale on Monday night and that’s one big reason we expect Amanda to move quickly to try to buy Newcastle.

This is the statement Henderson released:

 “Since Monday, a number of additional parties have come forward which we believe to be credible.”

“We are also continuing to engage with a number of parties with whom we had entered into negotiations prior to Monday’s announcement.”

There is no guarantee that Amanda will be successful with her bid and other interested parties have been doing due diligence longer than Staveley and could yet put the first offer in for the club.

There has also been news in the last few days that Rafa Benitez had turned down the chance to manage Everton after manager Ronald Koeman has struggled this season and Everton were beaten in the Europa League 2-1 last night at home to Lyon.

Koeman is said to be that much closer to being sacked this morning.

It was never going to happen that Rafa would go back and manage the Toffees after he had been so successful in managing Liverpool for six years from 2004.

Rafa now seems happy at Newcastle and could be given some massive funds to invest in the transfer market if Staveley is successful – reported at between £150K and £250K over two years.

Rafa is due to give his press conference this afternoon for the home game with bottom of the league Crystal Palace tomorrow and t will be interesting to see if he comments on the potential sale.

We have to win that game.

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15 comments so far

  • yorkymag

    Oct 20, 2017 at 7:57 AM

    Comment #1

    Ed
    Dream on there is no way Amanda stavely will be the owner
    She is a front for Middle East investors always has been always will be, and anyway other than the obvious why would she be better than any of the other potential owners that include Russian,American ,Middle East and Chinese billionaires
    Just keep fingers and toes crossed that we get a good one

    4
  • lesh

    Oct 20, 2017 at 8:05 AM

    Comment #2

    If Rafa turned Everton down then he must’ve been tapped up.
    Isn’t that forbidden during a season? So, can we assume that some action will be taken against Everton?

    8
  • martoon

    Oct 20, 2017 at 8:07 AM

    Comment #3

    Ed, I think Rafa would be upset if he only got £150k – £250k as a transfer budget – but we know what you mean 🙂

    21
  • sing in the corner

    Oct 20, 2017 at 8:09 AM

    Comment #4

    ofd…if stil up..
    You going to see LG doon under in Jan?

    1
  • posada

    Oct 20, 2017 at 8:11 AM

    Comment #5

    Increasing the ground capacity to 60,000.

    Somebody said this would not make financial sense.
    The extra seats would not pay for it. Main revenue being TV money now.
    It’s not about the extra seats paying more.
    It’s about prestige.
    Having the same ground capacity as Arsenal and other top teams.
    Makes each game a bigger event.
    With UAE type owners they would want that.
    Bigger event, more exposure for their sponsors and associated brands etc.

    Newcastle open for business. Folks coming in from Dublin, Belfast, Norway and elsewhere.
    Scotland don’t have a Prem team. We should be it.
    Folks like to come here. Hence the Magic Weekend is coming back for a fourth year in a row.

    14
  • sing in the corner

    Oct 20, 2017 at 8:13 AM

    Comment #6

    Thoughts turning to the game..
    Nice to have a 3pm Saturday home game!
    I’m not worried about Palace’s first positive result the other day. We have to make sure we show up with the right attitude, I am sure we will. The crowd will be bang up for it and we will overpower them on a tidal wave of crowd-led positivity!!

    3
  • sing in the corner

    Oct 20, 2017 at 8:16 AM

    Comment #7

    Posada
    I suspect, if the takeover goes well, Middle East investors might favour a new purpose built arena a couple of miles further north in the coming years..

    6
  • yorkymag

    Oct 20, 2017 at 8:17 AM

    Comment #8

    This is all just nonsense at the moment
    Ashley and his boys are playing the field hence the public announcements ,they are simply driving the price up
    When in the last ten years have we heard a word from them without a reason to get Ashley what he wants ,answer never to
    Stavelys pcp are serious I am sure but so are the other 4
    The only thing I feel confident about is Rafa seems much happier and has clearly had chats with potential owners
    My prediction is that when the deal is done we will spend or should I say our new owners will spend £150m in the January and summer window

    0
  • hibbit

    Oct 20, 2017 at 8:23 AM

    Comment #9

    be interesting to see it if she turns up on saturday and the kind of welcome she gets !!!!

    3
  • expatmag

    Oct 20, 2017 at 8:26 AM

    Comment #10

    One thing is for sure. TV cameras will be scanning the VIP area at SJP on saturday to see just who exactly is sitting there.

    Just imagine the media traffic if Amanda is attending or a Zuckerburg, Protosov (sp) or McMahon etc…..lol

    I reckon the internet will shut down

    5
  • yorkymag

    Oct 20, 2017 at 8:28 AM

    Comment #11

    Hibbit
    I would not be surprised if she is in it with Ashley just to generate the media interest
    i may be wrong but she is a stalking horse
    The serious players are in the background

    1
  • sparky55

    Oct 20, 2017 at 8:33 AM

    Comment #12

    I think it may have taken this long to be seriously considered as a possible target of wealthy suitors because the value of the club is so dependent upon premiership status.

    If we had experienced a sh!te start like palace or Leicester for example, I don’t think anyone would be circling above St James right now, but that good solid start and with Rafa at the helm has practically already guaranteed premiership status so everyone wants in because 300 million for a zero debt club is not outrageous by any standards for a 52,000 sell out every week and the SKY money toboot.

    I also have a feeling Rafa was aware of what was going on hence his non political stance after being given a transfer budget of tuppence halfpenny.

    The ingredients are all there for a very successful club in the future, the only negative in my book being our geography and I sincerely hope we don’t become the club of aging footballers again in the winter of their careers taking a fortune out of the club and giving nowt back.

    Rafa has already turned down players who he believes are not the right type of personality or fit with the existing squad, but that’s a bit easier when you’re in our current position, but when you’re pushing up the league and making bigger transfer signings then that’s a little harder to manage…just ask Kev and Sir Bobby!

    3
  • sickandtired

    Oct 20, 2017 at 8:53 AM

    Comment #13

    @Yorky – given how Ashley reportedly behaved when he went to Dubai to meet potential buyers back in 2008, I sincerely doubt Staveley would have anything remotely to do with him. No way would someone who has such connections and respect in the Middle East (and a boatload of their money) jeopardise that by being involved in a publicity stunt with Ashley..

    5
  • mcgowan baker

    Oct 20, 2017 at 10:01 AM

    Comment #14

    We need a little perspective here, this is worth a read, https://en.wikipedia.org/wiki/Amanda_Staveley
    having digested that remember that the 27 billion managed by the company employing Ms, Staveley is investors money, not her own.
    Her role in this is as Ms Fixit, she has floated the idea of her investors buying NUFC utilizing the funds available, decisions on this and future spending therefore will be made by committee if they are successful.
    Also remember that future investment is made as loans, if things dont quite go to plan those loans are recouped, witness Middlesbrough all those years ago when their chairman sharply whipped back 90 plus million when relegation beckoned.
    It could of course be good news, but Ashley wont care either way, he wants his money.

    2
  • xfer

    Oct 20, 2017 at 4:19 PM

    Comment #15

    Cant even get Titus Bramble for 150k pound

    0

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