Newcastle United chiefs meet with financier Amanda Staveley as takeover talks intensify

Amanda Staveley attended Newcastle's match with Liverpool on Sunday

There has been thus far no direct contact between Staveley and Mike Ashley or the club, however several non-named interested parties are understood to have signed non-disclosure agreements with Newcastle as Ashley looks to sell the club.

However, although Staveley has made contact with Newcastle's board, it is likely to be a hard negotiation Sources close to the deal have stressed she is merely exploring her options at this stage and has an interest in at least two other English clubs.

The 44-year-old has twice previously tried to purchase Liverpool, with the latest bid coming last summer.

Like Manchester City, Newcastle is a traditionally strong footballing brand in a city that is enthusiastic about the game, and also owns its own ground, the 52,000-seater St James' Park stadium.

It is also thought Staveley's presence is likely to cause others to take a step back, as they will want to see how serious she is about ending Ashley's 10-year reign.

Staveley is considering the potential takeover of one of three Premier League clubs
Staveley is considering the potential takeover of one of three Premier League clubs

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.

Ashley, who has played the role of the pantomime villain in the North East in recent years, is unlikely to sell the club on the cheap, meaning any future negotiations may take time.

Staveley has also been linked with a potential takeover attempt of Tottenham.

She told Arab News in June that she saw English football as an "attractive investment", but is believed to have grown interested in Newcastle since then.

The businesswoman has £28bn under her management, and is well known amongst leaders in the middle East.


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