The club's new board of directors, which is chaired by millionaire Amanda Staveley, is thought to be on the search for the ideal candidate who can transform the team into a legitimate Premier League challenger. Given his impending availability as a free agent, Conte, the former Chelsea manager, has emerged as one of the most obvious candidates to replace Conte.
Newcastle United have become the latest team to be under a new management, after that 300 Millon Pound (£) takeover by a Suadi consortium, and a shared partnership with the Reuben brothers, and Amanda Staveley PCP capital partner. Just last week, they let go of manager, Steve Bruce and while the job for a new manager to oversee the team continues, the squad is going to be in need of serious investment, if they are to challenge for the premier league, or even a champions league position.
Since the news regarding a change in the ownership of Newcastle United came out, there have been several speculations claiming a total overhaul of the current Newcastle squad will be made, starting with their coach, Steve Bruce. The 3-2 defeat of Newcastle United on Sunday in the hands of Tottenham Hotspur has not helped in reducing the speculation either, as the team now sits solidly in the relegation zone, with just 3 points from exactly 8 EPL matches.
It is no longer news that Mike Ashley has sold Newcastle United to Saudi Crown Prince, Mohammed bin Salman, Amanda Staveley, and the Reuben brothers. The new owners of Newcastle are extremely rich and it is expected that they will immediately start looking into turning the club into an elite club.
Who Is Amanda Staveley? The Woman Behind The Takeover Of Newcastle Years After Helping In Man City's
When Sheik Mansour bin Zayed Al Nahyan decided to takeover Manchester City in 2008, Amanda Staveley acted as a fixer for the billionaire member of the Royal family, helping him acquire the club that has now become a powerhouse of English and European football. She went home with about £10m from that deal and was regarded as the "new Queen of British football."
Newcastle has been sold to new management which the club has confirmed officially through their Twitter page. Photo Credit: Twitter.com The club's new sports director Amanda Staveley has been ambitious since the takeover has emerged. Photo Credit: Twitter.com Newcastle are in 16th position on the Premier League table which has placed them in the relegation line.
Photo credit: skysport.com After the complete takeover by the Saudi ownership group, Newcastle United became the richest club in the world, richer than the owners of Manchester City and Paris Saint-Germain combined. Newcastle director Amanda Staveley has revealed their plan in the transfer market is to compete for world-class players when he was asked about a potential transfer for Kylian Mbappe.
Newcastle United is officially the richest club in England with the Saudi-led takeover now completed. The takeover was confirmed on the Premier League and club official websites and according to reports, this will make the Magpies by far the richest club in the EPL. According to Amanda Staveley, the chief executive of one of the investment groups to purchase the club and a board member, the long term goal of the club is to be "a consistently successful team regularly competing for major trophies".
A drama that went on for 18 months and saw the club involved in legal battles with the Premier League has finally come to a close, and the group, led by British businesswoman Amanda Staveley, has brought Mike Ashley's 14-year ownership of Newcastle to an end.
Newcastle United after so many tries have finally gotten a new management, with a Saudi consortium taking over the affairs of the club, after Mike Ashley turbulent 14 year long reign over the club. One of the major stakeholders that made this deal happen, has to been Amanda Staveley, she has been so instrumental in making sure of the deal between, the new management, and the former management.
Mike Ashley's 14-year ownership of Newcastle United has come to an end with the £300 million sale of the club to a Saudi Arabia-backed company. The takeover took a crucial step ahead this week as a major roadblock was lifted, and the parties reached a swift agreement.
For the first match of Newcastle United's Saudi Arabian-led era, Steve Bruce is expected to remain in command. Despite expectations that Bruce would be fired this week, he is set to supervise his 1,000th game as a club manager when Tottenham visit St James' Park on Sunday.
Newcastle have sacked manager Steve Bruce following the club’s takeover by the Saudi Arabia Public Investment Fund. PiF along with Amanda Staveley and Mehrdad Ghodoussi purchased the Magpies from Mike Ashley earlier this month. And one of their first acts as new owner has been to relieve Bruce of his duties.
Newcastle United manager Steve Bruce spoke to reporters on Friday for the first time since the club’s takeover. The club had already confirmed Bruce will remain in charge for what will be his 1000th game in management this weekend, and here is what he had to say ahead of the visit of Tottenham.
Newcastle United have, overnight, become the richest team in the world. This follows the takeover of the English Premier League football club on 7 October 2021 which saw a Saudi Arabian-backed investment fund take control of the club in a £305m takeover. Public Investment Fund (PIF) have assets of £250bn, making Newcastle United the richest club in world football.
Following the interference of the Saudi Crown Prince and Amanda Staveley who are now the new owners of the Premier League club Newcastle United, everyone knows that it's now time the English club fared better in the league and of course challenge for major trophies. However, "the Newcastle take over" as many see it, is just a resemblance of what is going on in Manchester City, and Paris Saint-Germain as these clubs successes have been characterised by the influence of their rich owners.
The £300m takeover of Newcastle United has officially been completed, with a Saudi-led consortium ending Mike Ashley's 14-year ownership of the club. Sky Sports News' Keith Downie reports. Amanda Staveley, chief executive officer of PCP Capital Partners, said: "This is a long-term investment.
After witnessing two relegation under current Newcastle owner Mike Ashley, Magpies could soon have new owners with a £300 million takeover bid underway. The main mover behind this bid is no one but the crown prince of Saudi Arabia, Crown prince Mohammed bin Salman who also head the Saudi Arabia's Public Investment Fund. (PIF). If the bid is sealed, Saudi PIF will acquire an 80 per cent stake in the club while 20 per cent will be split between Amanda Staveley's PCP Capital partners and Reuben brothers. Yasir
The bid by Saudi Arabia's Sovereign Wealth fund to buy Newcastle United Football Club in England has failed. This is alleged to be due to Saudi Arabia's human right and piracy concerns The £300 failed bid which lasted four months could have seen Saudi Arabia's sovereign wealth fund take up to 80% stake in the club's shares The British based Reuben Brothers were planning to buy 10% stake and Amanda Staveley the remaining 10% stake of the club total shares. A statement released by the consortium reads; "We have
The proposed take over of Newcastle united by Saudi Arabia’s investors from current owner, Mike Ashley has been called off. You will recall that Crown Prince Mohammed Bin Salman was backing a deal which was headed by PCP Capital Capitals, a company owned by Amanda Staveley for a £300 million take over with Saudi Arabia’s Public Investment Fund (PIF). The news of the takeover was disclosed a few months ago to the pleasure of a large number of the clubs supporters who expressed their excitement and waited