Newcastle United announced a major boardroom reshuffle on Friday night as Amanda Staveley and Mehrdad Ghodoussi left the club
Newcastle United chairman Yasir Al-Rumayyan has eulogised Amanda Staveley and Mehrdad Ghodoussi following their emotional exits from St James’ Park.
News broke in midweek that the married couple – who helped broker the historic £300million takeover in October 2021 – would sell their six per cent stake. PCP Capital Partners, their private investment firm, initially held a 10 per cent slice following Mike Ashley’s departure two-and-a-half years ago.
A club statement confirmed the Public Investment Fund (85 per cent) and the Reuben brothers (15 per cent) have bought out Staveley and Ghodoussi. PIF Governor and Newcastle chairman Al-Rumayyan – in charge of assets worth £726billion – put on record his thanks to the couple.
“Amanda and Mehrdad will forever have our tremendous thanks and well-wishes as they move on to focus on their other business interests,” he told the club website. “We have achieved so much together since 2021, including achieving Champions League football in our first full season as stewards of this incredible club.
“The ownership group, together with CEO Darren Eales and the club’s executive team, will continue to build on these foundations for long-term, sustainable success for the team and our amazing fans, and we are excited about the future prospects for Newcastle United.”
Staveley also confessed her love for the Magpies – insisting she will forever support the club from afar. A statement read: “Newcastle United is such a special, unique club and being a co-owner of Newcastle United has been an honour.
“Mehrdad and I have loved being part of this club and community and are extremely proud of the progress Newcastle United has made in recent years. Our ambition has always been aligned to the brilliant fans of this club, to create consistently successful teams that regularly compete for major trophies and generate pride across the globe.
“We are grateful to have played our part in setting up the club for even more future success. We will remain fans for life.”
