November 7, 2024
Financial Assets

Amanda Staveley wants to buy stake in Tottenham with ex-Newcastle co-owner backed by ‘serious money’ from Middle East


AMANDA STAVELEY is stepping up a bid to buy into Tottenham.

Sources say the former Newcastle co-owner is backed by “serious money” from the Middle East and wealthy individuals.

Amanda Staveley is stepping up a bid to buy into Tottenham with Middle Eastern backers

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Amanda Staveley is stepping up a bid to buy into Tottenham with Middle Eastern backersCredit: PA
Spurs are valued at a whopping £2.42billion

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Spurs are valued at a whopping £2.42billionCredit: PA

Staveley, 51, bought her shares in Newcastle in 2021 but left the Tyneside club in July.

Now she has put together a fresh funding team and hopes to take an initial stake in Spurs.

The group would then look to buy even more of the London club.

ENIC, majority owned by 87-year-old Joe Lewis’ family trust and involving chairman Daniel Levy, may be open to selling.

Tottenham are valued at £2.42billion by global media company Forbes.

And a deal for 25 per cent of the club could cost Staveley about £650m.

Spurs are open to investment and there would not even be a need for Staveley to dispose of her Newcastle shares first.

Her holding at St James’ Park is under the 9.9 per cent limit for having a stake in TWO clubs.

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Staveley and husband Mehrdad Ghodoussi left Toon in July, just under three years after helping the Saudi Arabia Public Investment Fund buy the club from Mike Ashley.

Staveley said last month: “I didn’t want to get in Newcastle’s way.

“It’s got to be about what’s best for Newcastle. It’s very painful.”

Staveley also helped broker the £210m sale of Manchester City in 2008 to Abu Dhabi’s Sheikh Mansour.

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