Sources: The real reason for Staveley’s Newcastle exit revealed

Amanda Staveley and Mehrdad Ghodoussi have officially stepped down from their roles at Newcastle United, having completed their expected duties. This significant change in the club’s ownership structure was discussed by Pete O’Rourke on the latest edition of Football Insider’s Inside Track podcast.

According to O’Rourke, Saudi Arabia’s Public Investment Fund (PIF) has purchased the couple’s six percent stake in Newcastle United.

This buyout likely came at a “healthy price,” allowing PIF to increase its ownership to 85 percent of the club. The move marks a significant shift in control and paves the way for substantial future investments.

Amanda Staveley played a crucial role in the transformation of Newcastle United. She was instrumental in brokering the takeover deal from Mike Ashley, bringing the Saudi Arabian owners into the fold. Staveley’s involvement over nearly three years was pivotal in shaping the club’s current trajectory.

Pete O’Rourke highlighted Staveley’s importance during the takeover. “Amanda was obviously key to the takeover, wasn’t she? She took the deal to the Saudis and put it all together,” he explained.

With the ownership now secure under PIF, the club is poised for a new chapter of complete control and ambition.

With Staveley and Ghodoussi stepping down from their club positions, PIF now has the opportunity to exercise full control over Newcastle United. The focus will shift to what lies ahead for the club, with expectations of continued investment and strategic development.

O’Rourke noted that PIF’s move to take full ownership is a logical step for the Saudi owners. “Now the club is under the ownership it is, they’re obviously very, very comfortable with where they are. Confident with the setup they’ve got off the field and they want to take full control and full ownership of their own football club, which is understandable.”

There is speculation that Staveley and Ghodoussi might explore opportunities with other clubs following their departure from Newcastle. However, their contributions to Newcastle United have left a lasting impact, and their exit marks the end of a significant chapter for the club.

The buyout of Amanda Staveley and Mehrdad Ghodoussi by PIF signifies a new era for Newcastle United. With PIF holding 85 percent ownership, the club is set for a future of ambitious growth and substantial investment.

The departure of Staveley and Ghodoussi, who were key to the initial takeover, marks a strategic shift towards complete control by PIF, positioning Newcastle United for continued success on and off the field.