Submitting your details indicates your consent for The Mag to send you email marketing messages and process personal data.
Please read our Please read ourLast Friday , the Newcastle United owners announced that Amanda Staveley would ‘step down from all her positions with Newcastle United.’Many greeting the news with astonishment, not seeing it coming at all.
Instead, a quite ridiculous state of affairs whereby Lee Charnley was the only officially named executive helping to run the club day to day AND the only person making up the Newcastle United board! Named as a single board member to satisfy the legalities, whilst Ashley relied on certain members of his Sports Direct inner circle to remotely oversee his NUFC interests.
As part of this structural change, PIF and RB Sports & Media will together acquire PCP Capital Partners’ shareholding in the club andFollowing this, the new shareholding structure will see PIF control around 85% and RB Sports & Media holding the remaining 15% stake in the club. These structural changes are expected to be completed during July 2024.’
Amanda Staveley, Jamie Reuben, Yasir Al-Rumayyan, Abdulmajid Ahmed Alhagbani and Asmaa Mohammed Rezeeq. Looking from the outside, it appeared that as well as being very much the public face of Newcastle United, Amanda Staveley had ever increasingly become the link between the UK side of things with Newcastle United and the Saudi Arabia PIF.
Eddie Howe and the first-team squad are currently at the Adidas headquarters in Germany, preparing for the new season at the world-class Adidas facility.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amanda Staveley: The real reason for Newcastle United exit revealedThe inside track on the football stories that matter
Read more »
Amanda Staveley to sell Newcastle United stake to PIF and Reuben BrothersTop shareholders strengthen their grip on Premier League club with buyout of British dealmaker
Read more »
Newcastle United: Co-owners Amanda Staveley and Mehrdad Ghodoussi to leave clubAmanda Staveley and Mehrdad Ghodoussi are to sell their 6% stake in Newcastle and leave the club after three years as co-owners.
Read more »
Amanda Staveley negotiating a pay-off at Newcastle UnitedThe Mag
Read more »
Amanda Staveley with these two favourite Newcastle United momentsThe Mag
Read more »
Amanda Staveley has not sold Newcastle United sharesThe Mag
Read more »