Amanda Staveley reiterates her stance on huge Newcastle takeover

Amanda Staveley has said that the proposed takeover of Newcastle United “will” go through.

A Saudi Arabian-backed consortium, which included Staveley’s business PCP Partners, had agreed a £300m deal to buy Newcastle from current owner Mike Ashley last April.

But the deal collapsed after PIP, Saudi Arabia’s sovereign wealth fund, pulled out in July.

The Premier League had not decided to block the takeover at the time. They were in the process of reviewing it under its owners’ and directors’ test.

There were concerns over television piracy and human rights issues, but Staveley said earlier this month that the Middle East consortium were assured by the Premier League that this did not stop the takeover.

She also wrote an open letter to Tracey Crouch MP, urging for transparency in the league’s decision over the takeover.

Now, Staveley has reiterated her stance to Magpies fans, and says the takeover “will” go through.

Staveley on Newcastle takeover

Speaking on talkSPORT, she said: “We are looking forward to welcoming you into St James’ Park and we’re looking forward to trying to get this transaction over the wall.

“And it will do.”

When questioned by Simon Jordan about whether the Saudi Arabia group were still involved, she replied: “We are all there, Mr Jordan.

“We are all very passionate about Newcastle – all the consortium members are.

“I’ve made that very clear in my last two interviews, last week and the week before.”

She also thanked the Newcastle fans for their support on the matter.

“I am so staggered by all the incredible support we have had from the fans over the last year,” she stated.

“Many of them today are taking time out of their busy lives to travel to London.

“We’re so grateful for your support and we really think that the arbitration process should be made public so that you guys [media] and the wonderful fans can see exactly what is going on.”

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