No sooner has Amanda Staveley left Newcastle United, it’s emerged that our former co-owner is already plotting an immediate return to football.
As revealed by Bloomberg, Staveley is searching for her next football investment and has recently raised around £500m through investment fund PCP Capital Partners in a bid to push through another takeover or minority share.
It’s believed that she will explore the possibility of purchasing a stake in Tottenham – a Premier League rival of Newcastle’s as we bid to take their place in the ‘big six’ – with Ligue 1 side AS Monaco also under consideration.
It’s not clear where the investment comes from, but the 51-year-old has strong connections in the Gulf Region and played a vital role in securing Saudi funding for Newcastle United three years ago.
See a snippet from the Bloomberg report below, which details Staveley’s latest plans:
Amanda Staveley, who has stepped down from the board of Newcastle United, is searching for her next football investment, with stakes in Tottenham Hotspur among the possible targets she’s exploring.
‘Staveley has recently raised about £500 million ($649 million) through her investment fund PCP Capital Partners and has been looking at a number of football clubs to deploy the cash, according to a person familiar with the matter. It’s unclear who the backers are. Staveley is well-connected in the Gulf region.
‘Tottenham Hotspur, which came fifth in the last Premier League season, is one of the clubs on Staveley’s radar. She has held initial discussions to buy a minority stake with Rothschild & Co., an adviser to Tottenham, the person said. A deal, if any, is likely to involve convertible preference shares, the person said. Other potential targets being studied include AS Monaco, which compete in Ligue 1, the top tier of French football, the person said, who asked not to be identified as the information is private.’
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