Amanda Staveley advances on ‘huge’ Tottenham investment plan – sources
Amanda Staveley is advancing on plans to make a sizeable investment in Tottenham using Middle Eastern money, sources have told Football Insider.
The 51-year-old departed Premier League rivals Newcastle United three months ago after she and her husband Mehrdad Ghodoussi helped to run the club for three years following Saudi Arabia’s Public Investment Fund’s £305million takeover in October 2021.
Staveley, who had a 10 per cent stake in the Magpies, was spotted in the stands during Tottenham’s recent 3-1 home win against Brentford.
It is believed that she and Ghodoussi have been laying the groundwork for a significant stake in another Premier League giant.
Sources say discussions have been held about the pair heading a new Middle East consortium that will plough “huge” funds into Tottenham.
Forbes state that Spurs are currently valued at around £2.42billion, so if Staveley wishes to purchase a 25 per cent stake in the club it would cost approximately £605m.
It is said Staveley has reportedly already raised £500m through her investment fund PCP Capital Partners, as she gets closer to her overall goal.
Staveley was regularly in attendance for Newcastle’s fixtures during her tenure with the north east giants, opting for a hands-on approach.
Amanda Staveley will look to help Tottenham reach the next level
Tottenham were purchased by the ENIC Group back in 2001, and Joe Lewis’s family trust became the club’s majority owners.
Staveley had initially tried to take over Newcastle in 2017 but failed with her bid, which led to her helping the Public Investment Fund purchase instead.
Now she’s looking to get straight back into football by investing in Spurs to help the club reach the next level.
Tottenham have had a mixed start to the new Premier League campaign with three victories, a draw, and two defeats.
Spurs currently sit eighth in the table and will be back in action on Thursday (3 October) when they face Ferencvaros in the Europa League.
In other news, Tottenham fans savage ‘disgraceful’ Timo Werner after what he did v Man United.
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