Amanda Staveley and Mehrdad Ghodoussi, Newcastle United’s co-owners, are set to leave the club after almost three years at St James’ Park.
The pair fronted a consortium which bought the club from Mike Ashley and ended the Sports Direct businessman’s 14-year ownership. Though Saudi Arabia’s Public Investment Fund (PIF) has always been the majority stakeholders, it is Staveley and Ghodoussi who have often been the public faces of the club.
In the coming days, The Athletic will endeavour to explain the changes which are taking place at Newcastle, given that a new sporting director, Paul Mitchell, is also in place. But, here, we examine the six key issues which need clarifying following Staveley’s and Ghodoussi’s exits…
GO DEEPER
Staveley and Ghodoussi drove Newcastle’s takeover, only time will tell if their exits are right
Who will own what at Newcastle?
Staveley made three attempts to buy Newcastle during the 2017-18 season, but it was once she returned as a minority stakeholder within a wider consortium that Ashley pushed for a £305million ($390.7m at present rates) sale.
With PIF as the 80 per cent majority stakeholders and the Reuben Brothers, run by the British billionaires David and Simon Reuben, holding a 10 per cent shareholding, Staveley’s PCP Capital…
