Amanda Staveley has dropped some promising insight into what her plans are if the proposed takeover of Newcastle United ends up going through.
The Lowdown: Staveley interviews
Staveley, who is part of the Kingdom of Saudi Arabia (KSA) consortium looking to buy the club, has given a number of public interviews ahead of the Magpies’ arbitration hearing against the Premier League later this month.
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The businesswoman and head of PCP Capital Partners spoke to Sky Sports referencing a letter that she wrote urging both the UK government and football regulators to ensure that the arbitration process is made public. She also admitted in an interview with ITV journalist Chris Conway that she remains ‘committed’ to the deal between the consortium and Mike Ashley.
The Latest: Staveley plans
She said: “What I do know is we are going to invest heavily into, not only players but the Academy, the grounds, the infrastructure and the surrounding areas.”
The Verdict: Promising
Reports that the consortium is set to invest in many aspects of the club, as well as the players, is certainly a promising sign for the future ahead.
A takeover is not just about being able to buy better players in order to improve the squad; it is also about growing the club by investing in other aspects and climbing up the footballing ladder.
If the consortium is successful in the upcoming arbitration case, then the takeover process could be accelerated, and they can duly start to think about how and whether they want to invest.
Staveley’s plans for the Tyneside club if the takeover goes through should be music to the ears of the Toon Army ahead of the 2021/22 season.
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