Get all your news in one place.
100's of premium titles.
One app.
Start reading
Chronicle Live
Chronicle Live
Sport
Ciaran Kelly

Amanda Staveley reveals Newcastle takeover fee truth as Chelsea owner Todd Boehly 'makes a bet'

Amanda Staveley has admitted that Newcastle United's owners 'bought well' to purchase a 'special' club for a fraction of the price Chelsea were sold for just seven months later.

Although Newcastle were in relegation trouble at the time, and required sizeable investment at all levels of the club, the £305m Staveley's consortium landed the club for has come to represent something of a bargain. Chelsea, in contrast, went for a whopping £4.25bn last May.

These are clubs who have moved in very different directions ever since after using contrasting approaches. Scattergun Chelsea are languishing in 11th place, despite the club spending around £350m more than Newcastle's owners on new players to date, whereas the considered Magpies are bidding to qualify for the Champions League for the first time in 20 years.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.