Get all your news in one place.
100's of premium titles.
One app.
Start reading
Liverpool Echo
Liverpool Echo
Sport
Dave Powell

'Why spend billions?' - Amanda Staveley reveals moment that brought end to Liverpool takeover plan

Newcastle United co-owner Amanda Staveley has spoken on the decision to abandon plans of a Liverpool takeover in favour of the Magpies.

Staveley, CEO of PCP Capital Partners, has been a prominent figure at Newcastle since the takeover by the Saudi Arabian Public Investment Fund in a £300m deal that also saw minority stakes for PCP and the Reuben brothers.

It was a deal that was mired in controversy and held up for more than a year until the green light was finally given by the Premier League and UK government in October 2021. The issue had centred on concerns over the links to the Saudi government, something that PIF had to prove had clear separation.

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.