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Amanda Staveley Reveals Saudi-Backed Investors Could Have Bought One Premier League Club Ahead Of Newcastle Takeover

Staveley played an instrumental role in the Saudi consortium’s Newcastle takeover bid, with the PIF holding the majority stake in the club with its 80 per cent share.

The 48-year-old British business executive’s firm, PCP Capital Partners, took a 10 per cent share and the other 10 per cent went to the Reuben brothers’ RB Sports and Media.

Staveley, who was appointed to Newcastle’s board of directors after the takeover, has claimed the Saudi-backed investors could have purchased the Blues.

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Speaking at a Financial Times live press conference on Thursday, she said: “We had the opportunity to look at Chelsea -- a wonderful club -- but there was only one club for us and there will only be one club for us.”

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“I’m really sad today that someone is going to have their football club taken away because of a relationship they may have with someone,” she said.

“I don't think that is fair, actually, to be honest. But we do have to hold all of our relationships to account.”

Read more on sportbible.com