Newcastle United Co-Owners Staveley and Ghodoussi to Leave Club
Newcastle United Co-Owners Staveley and Ghodoussi to Leave Club
Newcastle United Co-Owners Staveley and Ghodoussi to Leave Club, In a surprising development, Newcastle United co-owners Amanda Staveley and Mehrdad Ghodoussi are set to leave the club. The husband-and-wife duo have played a crucial role in the club’s operations since the Saudi Arabian-backed £305m takeover in 2021.
The Journey So Far
Amanda Staveley and Mehrdad Ghodoussi initially took a 10% share in Newcastle United when they facilitated the Saudi Arabian-backed takeover. Their involvement was key in the successful acquisition of the club, which saw the Saudi Arabia Public Investment Fund (PIF) obtain an 80% controlling stake, with the Reuben family also holding a significant share.
Changes in Ownership
Over the years, Staveley and Ghodoussi’s share in the club has decreased from 10% to six percent as PIF and the Reuben family increased their stakes. BBC Radio Newcastle has reported that the pair have now sold their remaining shares and will be departing from the club.
Impact on Newcastle United
Staveley and Ghodoussi’s contributions to Newcastle United have been substantial. They have been actively involved in the day-to-day running of the club since the takeover. Notably, they hired manager Eddie Howe in November 2021, replacing Steve Bruce. Under their leadership, the club signed key players such as Bruno Guimaraes and Kieran Trippier, who have been instrumental in helping the club avoid relegation and improve its standing in the Premier League.
Conclusion About Newcastle United Co-Owners Staveley and Ghodoussi to Leave Club
The departure of Amanda Staveley and Mehrdad Ghodoussi marks the end of a significant chapter in Newcastle United’s history. Their contributions have helped shape the current state of the club, and their absence will be felt by fans and players alike. As the club moves forward under the majority ownership of PIF and the Reuben family, it remains to be seen how these changes will impact Newcastle’s future.
FAQs About Newcastle United Co-Owners Staveley and Ghodoussi to Leave Club
1. Who are Amanda Staveley and Mehrdad Ghodoussi?
Amanda Staveley and Mehrdad Ghodoussi are business partners and a married couple who played a key role in the Saudi Arabian-backed takeover of Newcastle United in 2021.
2. What was their share in Newcastle United?
They initially held a 10% share in Newcastle United, which later decreased to six percent before they sold their remaining stake.
3. How did they contribute to the club?
Staveley and Ghodoussi were involved in the day-to-day operations of Newcastle United. They hired manager Eddie Howe and signed key players such as Bruno Guimaraes and Kieran Trippier.
4. Why are they leaving Newcastle United?
They have sold their remaining stake in the club, as reported by BBC Radio Newcastle.
5. What impact did their tenure have on the club?
Their tenure saw significant changes, including managerial changes and key player signings, which helped Newcastle United avoid relegation and improve their Premier League performance.
