Major Tottenham Hotspur move addressed after Newcastle United exit

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Former Newcastle United co-owner Amanda Staveley has declined to comment on speculation regarding a potential investment in Tottenham Hotspur.

Bloomberg reported earlier this month that Staveley’s PCP Partners have raised £500million to invest in football with several clubs being looked at. Initial talks are said to have taken place with Rothschild & Co, an adviser to Spurs, over purchasing a minority stake.

The news came less than a week after Staveley and husband Mehrdad Ghodoussi left Newcastle with their 5.7% acquired by the Public Investment Fund of Saudi Arabia and RB Sports & Media. The new structure sees PIF hold an 85% stake while RB Sports & Media increased their stake to 15%.

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When asked about the Tottenham Hotspur links, Staveley told The Athletic: “Not much, I’m afraid. My preference would have been to stay with Newcastle, but life doesn’t always work out exactly how you want it to. Nothing is going to replicate that. I fell in love with Newcastle, the club and the people and that can’t change, but I didn’t want to get in Newcastle’s way. It’s got to be about what’s best for Newcastle.

“Mehrdad and I are keen to be hands-on. We’re hard-working people, I love to be very busy and to engage and I love football. Very sadly, we have to move on to other projects and that might involve us taking a stake in another club or buying another club and that’s difficult. But it’s possible.

“I don’t know what my future holds, but you can never move on from the love I have for Newcastle and I would love to come back for matches. I’m a Geordie now. I’m a Yorkshire Geordie, but I will always have that chemistry and that love.”

Staveley played a significant role in the £305m takeover of the Magpies in October 2021 before leading the club’s operations. A number of key positions have since been filled with Darren Eales as Chief Executive, Peter Silverstone as Chief Commercial Officer, Simon Capper as Chief Financial Officer, while Paul Mitchell was recently appointed as sporting director and James Bunce as performance director.