Amanda Staveley raises half a billion through backers with Premier League club targeted – Report


 
 
 
 
 
 

It is now reported that Amanda Staveley is looking to lead an investment in another Premier League club.

This follows Friday’s announcement that she is cutting all ties with Newcastle United.

It is stated now that Amanda Staveley has raised half a billion through backers.

The exclusive from Bloomberg (see below) says that the Premier League club targeted in particular is Tottenham, with initial talks claimed to have taken place with an adviser to Spurs, to buy an initial minority stake in the London club.

Bloomberg report – 18 July 2024:

‘Amanda Staveley, who has stepped down from the board of Newcastle United, is searching for her next football investment, with stakes in Tottenham Hotspur among the possible targets she’s exploring.

Staveley has recently raised about £500 million ($649 million) through her investment fund PCP Capital Partners and has been looking at a number of football clubs to deploy the cash, according to a person familiar with the matter. It’s unclear who the backers are. Staveley is well-connected in the Gulf region.

Tottenham Hotspur, which came fifth in the last Premier League season, is one of the clubs on Staveley’s radar. She has held initial discussions to buy a minority stake with Rothschild & Co., an adviser to Tottenham, the person said. A deal, if any, is likely to involve convertible preference shares, the person said. Other potential targets being studied include AS Monaco, which compete in Ligue 1, the top tier of French football, the person said, who asked not to be identified as the information is private.’