Newcastle United co-owner Amanda Staveley has explained why the wealthy Saudi Arabian owners of the club opted against a move to purchase Chelsea.
The investment group, led by the Public Investment Fund (PIF), completed the £300million takeover of the Magpies in October 2021 to end Mike Ashley's 14-year ownership of the club.
Upon the completion of the takeover, Staveley expressed the long-term ambition to win the club their first-ever Premier League title. "Newcastle United deserves to be top of the Premier League. We want to get there," she said in 2021.