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.