Amanda Staveley is to sever ties with Newcastle, almost three years after becoming the public face of the club’s Saudi Arabian-controlled takeover.
Staveley and her husband, Mehrdad Ghodoussi, became directors and minority co-owners of Newcastle in October 2021 when Saudi Arabia’s Public Investment Fund (PIF) purchased an 80% majority stake and Staveley and Reuben Brothers each assumed 10% holdings. With Newcastle then without a chief executive or a sporting director, the Saudis handed Staveley and Ghodoussi a rolling management contract to handle the day-to-day running of the club.