Official source confirms Amanda Staveley action just hours after £500M Tottenham update
Amanda Staveley, a well-known football deal broker with connections to powerful Middle Eastern investors, has had a tumultuous year but remains linked to taking a minority stake in Tottenham Hotspur.
Earlier this year, Staveley faced severe financial challenges, nearly reaching bankruptcy after losing a legal battle against Greek shipping magnate Victor Restiss over unpaid debts. This situation left her on the brink of insolvency, according to reliable sources.
In another significant blow to her reputation, Staveley was effectively removed from her position as a director at Newcastle United. She had played a key role in orchestrating the Saudi Public Investment Fund’s takeover of the club in 2021, an event that transformed Newcastle’s fortunes in the Premier League.
During her tenure, she became a fan favorite, symbolizing the club’s rebirth following the departure of former owner Mike Ashley. Despite this, her removal from the board was a clear sign that her influence at the club had waned, leaving her hurt and disheartened.
Adding to the controversy, recent reports revealed WhatsApp messages from Staveley during the Newcastle takeover, hinting at personal involvement from Saudi Crown Prince Mohammed Bin Salman. The release of these messages caused further PR issues for Staveley, who had built a strong relationship with Newcastle supporters.
Despite these setbacks, Staveley has turned her focus toward North London, with reports suggesting she plans to invest £500 million in Tottenham Hotspur through a consortium of investors from the Middle East.
Football finance expert Kieran Maguire has speculated that Staveley may borrow from the consortium to fund the minority stake in Spurs. This potential move has garnered attention in football circles, especially after key filings from Companies House, the UK’s business registry, revealed some of her financial maneuvers.
Staveley recently filed paperwork for two of her companies that have gone into liquidation, which she later explained to Bloomberg was due to an expected rise in capital gains tax.
However, this did not seem to halt her plans for Tottenham, as she also registered two new businesses, PCP Endeavour Ltd and PCP Capital Partners UK Ltd, both of which could be linked to her future football investments.
These filings came shortly after The Sun reported that she was eyeing a stake of up to 25% in Tottenham, which is larger than what many in the industry had anticipated. Though some details in the report were inaccurate, it did spark significant media interest.
In addition to Staveley’s rumored involvement, other high-profile investors have been linked with potential investments in Tottenham. Daniel Levy, the chairman of Spurs, values the club at £3.75 billion, a figure that would break records for football club valuations. Even a minority stake of this size would require deep pockets, narrowing the field of potential investors.
Among those previously linked to Tottenham is Sheikh Jassim, a Qatari investment banker known for his role in the Manchester United takeover saga. Additionally, Qatar Sports Investment, the group behind Paris Saint-Germain, has also been rumored to have interest in Spurs.
However, any deal involving them would likely run into complications due to UEFA’s rules around conflicts of interest, making such a deal improbable.
Even Roc Nation, the agency founded by rapper Jay-Z, has shown interest in Tottenham. Roc Nation president Michael Yormark, however, has recently hinted that the agency’s focus may currently lie elsewhere.
This leaves the door open for Staveley and her consortium to move forward with their plans, should they secure the necessary funding.
Ultimately, Staveley’s interest in Tottenham signals her determination to stay active in football investment despite her recent setbacks. With her track record of navigating high-profile deals and her connections in the Middle East, she remains a key figure to watch as Tottenham continues to attract interest from investors around the globe.
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