Amanda Staveley in talks to buy stake in Premier League rival after selling Newcastle shares

Magpie fans won't be happy

Earlier this week it was announced Staveley and husband Mehrdad Ghoudouss were stepping away from Newcastle after playing an influential role in the Saudi Arabia-led £305m takeover in 2021.

Their six per cent share in the club has been bought by PIF and the Reuben family but they are not stepping away from the Premier League completely it seems.

According to Bloomberg Staveley is exploring the possibility of investing in Tottenham after raising £500m through her investment fund PCP Capital Partners.

Forbes values the London side at approximately £2.2billion and it is believed Dainel Levy, Spurs chairman, would be open to selling part of the club.

Speaking to Bloomberg said: “I've got no real interest to leave Tottenham, but I have a duty to consider anything that anyone may want to propose.”

Staveley and her husband brokered the £305m takeover from Mike Ashley in 2021 and acted as de-facto chief executives and sporting directors.

They helped Newcastle avoid relegation in the first season and in the second campaign, Newcastle reached the Champions League for the first time in 20 years and made the final of the Carabao Cup.

It was the pair that appointed Eddie Howe and signed players such as Bruno Guimaraes and Kieran Trippier.

Newcastle confirmed her departure in a statement which read: “Newcastle United Football Club today announces that an agreement has been reached to change its ownership structure. 

“PIF and RB Sports & Media will increase their shareholdings in Newcastle United, as part of the long- term plan to develop the club and make it a consistently credible competitor in domestic and European competitions.

“As part of this structural change, PIF and RB Sports & Media will together acquire PCP Capital Partners’ shareholding in the club and Amanda Staveley will step down from all her positions with Newcastle United.”

Upon her departure, Staveley said: “Newcastle United is such a special, unique club and being a co-owner of Newcastle United has been an honour.

“Mehrdad and I have loved being part of this club and community and are extremely proud of the progress Newcastle United has made in recent years.

“Our ambition has always been aligned to the brilliant fans of this club - to create consistently successful teams that regularly compete for major trophies and generate pride across the globe.

“We are grateful to have played our part in setting up the club for even more future success. We will remain fans for life.”