Amanda Staveley 'forced out' of Newcastle - Three reasons given in new report
Last summer, the departure of Amanda Staveley and Mehrdad Ghodoussi came as a real surprise to many on Tyneside.
The pair, who played a key role in bringing PIF to Newcastle in a £300m takeover in 2021, were often the face of our ownership group and were known to be huge supporters of Toon boss Eddie Howe.
However, over six months on from their departure, new details have emerged on Staveley in particular.
Staveley 'forced out' as Newcastle opt for new approach
An in-depth piece has arrived today from The Telegraph's Luke Edwards, who discusses Newcastle's shift in approach following Amanda Staveley's exit and the reasons behind her departure.
He reports that Staveley was 'forced' out, stating that the PCP chief did not have the funds to keep investing alongside PIF and the Reuben family and was also considered a 'loose cannon' who did not get on with CEO Darren Eales.
There was a feeling that Staveley was a 'crowd-pleaser' who always wanted to give Eddie Howe and fans what they wanted all of the time. An ambitious approach, but one that left Newcastle short from a PSR perspective last June, where we were forced to sell Yankuba Minteh and Elliot Anderson in order to avoid a 10-point penalty, according to The Telegraph.
Edwards believes that, had Staveley remained at the club, Newcastle would have spent £50m+ on a new right winger this month; an immediate solution, but a move that would have left the club facing another June scramble to avoid breaching PSR rules.
The Telegraph state that Newcastle's approach has now changed, with Paul Mitchell's arrival contributing to a shift from 'short-term decision-making' to 'long-term strategic thinking', with Newcastle's owners 'unapologetic' about a move that bids to look after the future health of the football club.
"I miss Newcastle a huge amount"
Speaking at Bloomberg’s women, money and power event just last month, Staveley discussed her time away from Newcastle and plans for the future following links with investment at Tottenham.
The 51-year-old admitted she misses Newcastle a "huge amount", but hinted at a return to football after "doing quite a lot of work" in the background on potential opportunities.
“We have been working very hard. We miss football. I miss Newcastle a huge amount. We’re in the middle of doing quite a lot of work. I can’t say too much, but what I can say is I’m football mad. We have got some of the best football in the Premier League.
“We’re very lucky to have such great clubs but we should also not be complacent about our league position because we attract huge broadcast rights and we must make sure that we attract the next generation of fans.
“Whatever club we go to, what we’re trying to do is find a club where we can really give the investment that club needs. We want to be able to invest in the community, in the women’s team, in making sure that pathway is there.”