- Newcastle United’s former minority shareholder had one request to the club’s board
- Staveley’s investment group led the Saudi-backed takeover of Newcastle in 2021
Newcastle United’s now-departed minority owner Amanda Staveley has reportedly made one final request to the board before she leaves the club.
Staveley stepped down from the club’s board last week after selling her six per cent stake in the Magpies, which she shared with her husband, businessman Mehrdad Ghodoussi.
The English businesswoman is the CEO of PCP Capital Partners, one of three consortium members alongside Saudi Arabia’s Public Investment Fund and the Reuben Brothers, who bought the club from Sports Direct magnate Mike Ashley in 2021.
Along with her husband Ghodoussi, Staveley took a 10 percent stake in the club in the initial takeover, before reducing their stake to six percent, allowing Saudi PIF to increase their stake from 80 percent to 85 percent. It was announced last week that she was leaving the club.
According to The ChronicleStaveley ‘made one final request to the Newcastle board’ before leaving the club.
Amanda Staveley led the Saudi-backed takeover of Newcastle United in 2021
Staveley and Ghodoussi (left) played a crucial role in the appointment of Eddie Howe (centre)
She is believed to have asked the Magpie board to ‘ensure manager Eddie Howe has all the support he needs’ this summer to help Newcastle mount another Champions League challenge against the Top Four.
Howe guided the Toon to Champions League qualification in the 2022-23 season, but he was pulled from the competition early on after a mid-season injury crisis marked the start of the campaign.
Chronicle Live understands Howe was sad when Stavely and Ghoudussi left St James’ Park, after a “strong bond” had developed between the three.
It is believed that manager Howe (left), Staveley and Ghodoussi ‘had a strong understanding’
Staveley and Ghodoussi left Newcastle after selling their six percent stake in the club
Staveley played a key role in Howe’s appointment in November 2021, when the club still lacked a general manager and sporting director.
During her three-year tenure, she has held various board positions within the club and has also been appointed as a board member of the club.