Amanda Staveley and Mehrdad Ghodoussi are leaving Newcastle United


 
 
 
 
 
 

It has now been revealed that Amanda Staveley and Mehrdad Ghodoussi are leaving Newcastle United.

No official word from the club as yet.

However, I think we can take it for definite that this is happening.

News broken (see below) by George Caulkin at The Athletic.

George if reporting this as fact, that Amanda Staveley and husband Mehrdad Ghodoussi are leaving Newcastle United after three years.

I don’t think this will come as a massive surprise to many Newcastle United fans.

Amanda Staveley played a key role in the Newcastle United takeover, publicly fronting the deal as the Reuben family and the Saudi Arabia PIF bought the club.

My assumption all along, for sure, was that the ten percent Newcastle United shareholding was her reward/payment from the Saudi PIF and/or the Reubens for her help in getting the deal done.

In the immediate aftermath of the takeover, Amanda Staveley and her husband were then give a very well-paid management contract to run the club in the early days on behalf of the new owners.

Then in August 2022 an exclusive from The Times revealed that the club’s owners had agreed a new deal with Amanda Staveley, now termed an ‘advisory agreement’, which would see her continue to help oversee the running of the club, rather than step back.

It very much now looks like that intermediary post-takeover period is now at an end and Amanda Staveley (and her husband) will now indeed step back.

Interesting to see what will happen with her remaining six percent shareholding, no surprise if we get an announcement that the Reuben family have bought Amanda Stavely out and taken their shareholding up to twenty percent.

If/when Amanda Staveley does leave, she can look back at a job well done.

George Caulkin reporting for The Athletic – 10 July 2024:

‘Newcastle United co-owners Amanda Staveley and Mehrdad Ghodoussi are to leave the club after three years at St James’ Park.’

‘After being stripped back under Ashley, Newcastle now have a more rounded corporate structure, with Darren Eales in place as chief executive and Paul Mitchell recently replacing Dan Ashworth as sporting director. All parties have reluctantly concluded that the time is right for Staveley and Ghodoussi to step back and sell their shareholding and for the club to move on.

A Companies House update earlier this year showed that Staveley’s stake has been diluted to six per cent, with the Reuben family’s shares increasing.’