Newcastle United: Co-owners Amanda Staveley and Mehrdad Ghodoussi to leave club
Newcastle United co-owners Amanda Staveley and Mehrdad Ghodoussi are set to leave the club.
They took a 10% share in Newcastle when they helped to orchestrate the Saudi Arabian-backed £305m takeover of the club in 2021.
The husband and wife’s share has since decreased to six per cent as Saudi Arabia’s Public Investment Fund (PIF) and the Reuben family have increased their own shares.
BBC Radio Newcastle understands Staveley and Ghodoussi have now sold their remaining stake and will leave the club.
The pair have been instrumental in the day-to-day running of the club since the takeover, which gave PIF an 80% controlling stake in the Premier League club.
Staveley and Ghodoussi hired manager Eddie Howe in November 2021 to replace Steve Bruce and signed players such as Bruno Guimaraes and Kieran Trippier during their first transfer window in charge to help the club survive relegation.
Related
Why did English football experience its first blank Saturday for…
As we stretch into the strange period between Christmas and New Year, there’s still plenty of festive football to gorge on.There were no Premier League matche
Small boat crossings: Migrant arrivals total for 2024 tops 36,000
Conservative shadow home secretary Chris Philp blamed Labour's decision to scrap the Tories' Rwanda scheme, announced days after the general election in July.Th
Premier League: Why are there only two English managers in…
In the first season of the Premier League, 1992-93, there was only one non-British manager - and that was Irishman Joe Kinnear at Wimbledon.In the first four se
How to watch Cagliari vs. Inter Milan in UK: Live…
The title challenger Inter Milan will take on relegation-hit Cagliari in the Serie A encounter on Saturday. The Nerazzurri are thir
