Amanda Staveley reduces Newcastle United stake - Confirmed by Companies House

Co-owner Amanda Staveley has reduced her stake at Newcastle United - but remains a key figure behind the scenes at St James' Park and fully committed to the project.

New documents have been uploaded to Companies House which confirms the changes to ownership percentages, showing Staveley's stake has gone down to 6% from an initial 10% when the takeover went through in October 2021.

The changes see the Reuben family's stake increase to 14%, with Jamie Reuben the public face of their investment and a director at the club alongside, Staveley and Mehrdad Ghodoussi.

Our majority owners - Saudi Arabia's Public Investment Fund - retain an 80% stake in the club, with recent annual accounts showing that Staveley was handed £659,000 of club funds for legal fees in August 2023 and £600,000 in November 2022. Newcastle have been unable to state what the funds were for, but any loans will be repaid.

Staveley continues to have a prominent role at the club, with her reduced stake having no impact on her involvement behind-the-scenes. As the recent Amazon documentary showed, she is heavily involved in board meetings, negotiations - for players and sponsorship deals - and the day-to-day running of the club, where she liaises with Dan Ashworth, Darren Eales and Eddie Howe.

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