“Breaking: Amanda Staveley Files Key Paperwork in Shocking £500m Tottenham Takeover Plot!”
Amanda Staveley might be poised to upset Newcastle United fans by investing in Tottenham, with recent developments indicating her plans are gaining momentum.
Staveley played a key role in the October 2021 takeover of Newcastle by a consortium led by the Saudi Public Investment Fund, acquiring a minority stake in the process. However, she was effectively removed from the board earlier this year and has since sold her stake to the Reuben Brothers.
Her departure surprised Newcastle players and supporters, who had embraced her as a cult figure, often celebrating her with banners and tifos in the Gallowgate End.
Now, Staveley appears eager to return to football, reportedly eyeing a £500 million investment in Tottenham. Daniel Levy, Spurs’ controversial chairman, confirmed in April that ENIC was looking for additional capital, hinting that this could take the form of a partial takeover. Levy values Spurs at £3.75 billion, although this figure has raised some skepticism among analysts.
Despite the hefty price tag, Staveley seems undeterred, and her camp has provided an official update on her intentions. Earlier this year, she raised £500 million for football investments through her company, PCP Capital Partners, primarily sourced from Middle Eastern investors, leveraging her extensive network in the region.
However, PCP Capital Partners—now rebranded as Apollo Belvedere Services—has entered liquidation due to a legal dispute with a former client. Staveley previously used another of her firms, Cantervale Limited, to facilitate her investment in Newcastle in 2021.
In a notable development that may signal further investment plans, a recent Companies House filing revealed that Cantervale has been renamed Redstar Leisure Limited. The company’s accounts indicate that her Newcastle stake, valued at £39 million, was its sole asset. This name change could suggest preparations for a new football investment.
As for the potential Tottenham investment, the timeline remains uncertain, especially given Levy’s notorious negotiating style. Regulatory processes typically take around 12 weeks, and Spurs have been seeking investment for several years, indicating a partial takeover may not be imminent.
Football finance expert Kieran Maguire previously noted that Levy is likely to remain in control after any investment deal is finalized. It is speculated that a minority investment could involve ENIC selling between 10% and 25% of their equity, granting the new investor considerable influence in the boardroom.
MSP Sports Capital and Qatar Sports Investment have previously been linked with full takeovers of the club, but such a scenario appears unlikely at this time.
