Particle.news

Download on the App Store

Amanda Staveley and Mehrdad Ghodoussi to Exit Newcastle United

The duo, who played key roles in the Saudi-backed takeover, will sell their remaining shares and end their involvement with the club.

  • Staveley and Ghodoussi initially held a 10% stake, now reduced to 6%, in Newcastle United.
  • They were instrumental in the 2021 takeover and the appointment of Eddie Howe as manager.
  • Their departure follows the appointment of new executives, reducing their day-to-day roles.
  • Staveley faced external financial pressures, including a bankruptcy claim from Victor Restis.
  • Newcastle achieved significant milestones under their tenure, including a fourth-place Premier League finish and Champions League qualification.
Hero image