The judge has heard how PCPs claim arose out of the recapitalisation of Barclays in October and November 2008. Staveley, who in recent months has been involved in brokering a deal that could give a Saudi consortium control of Premier League football club Newcastle United, has given evidence over six days. She will be entrusted with hiring a new coach to replace Steve Bruce, as well as bringing in a highly talented technical department which will take over the day-to-day running of the football operations within the club. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. Yorkshire-born financier Amanda Staveley has been the driving force behind the takeover. The answer, in short, is no, with Staveley making her first venture into the sport with the Magpies. "I have the most incredibly patient and loving husband. The American owners of Liverpool FC turned down a deal worth up to 1.5 billion to sell the club to an investment consortium led by Dubai financier Amanda Staveley, it has emerged. And she is the first to admit it has made her difficult for her husband, Mehrdad Ghodoussi, who she married in 2011. They were married in West Wycombe Park in Buckinghamshire. Amid the Newcastle takeover reports, there have been questions of the Amanda Staveley net worth. "Andrews a lovely man and I still care for him a great deal," she told the Daily Mail. The deal is said to have earned PCP a commission valued at 10m. control of Premier League football club Newcastle United. We support credit card, debit card and PayPal payments. Jeffery Onions QC suggested Staveley had seen an opportunity to insert herself into negotiations, had effectively engaged in a hustle, was prepared to lie in order to extract money she was not entitled to, wanted fees that were commercially ridiculous and had exaggerated the nature of her relationship with a Middle Eastern sheikh. Ghodoussi is an Iranian-born businessman who has been married to Staveley since 2011. That venture ultimately collapsed, and Staveley headed to Dubai and founded PCP Capital Partners. Arab princes and dotcom tycoons from Silicon Fen - a nickname given to a region of Cambridgeshire which is home to a cluster of high-tech businesses, were also customers. She has been involved in two previous attempts to take over Newcastle United and was successful on the third attempt. Staveley is married to Mehrdad Ghodoussi and the couple has two children together. Staveley said Barclays agreed to provide an unsecured 2bn loan to Qatari investors. Experts believe it shows Ashley is negotiating his way out of the club, as any money retained in Newcastle would be paid back in future. What is the estimated Amanda Staveley net worth? Amanda Staveley also hada role to play in Man City's takeover by Sheikh Mansour. She is notable chiefly for her connections with Middle Eastern investors. Its investments include racecourses, media businesses, pub companies, aerodromes and data centres, as well as investments in resources ranging from shipping to metals warehousing. Staveley was finally successful with a bid, also said to be worth 300m, on October 7, 2021, which saw her take a 10 per cent share in the club as did Reuben Brothers, and the Saudi Public Investment Fund took an 80 per cent share. The relationship was beneficial for both parties - Amanda was introduced to Andrew's contacts book, while he reportedly enjoyed inaugurating her into his inner circle. They also worked on the purchase of Manchester City that year for 210 million, where Staveley banked 10 million. Her dad Robert Staveley, a north Yorkshire landowner who founded the Lightwater Valley theme park, suffered a heart attack. The Serious Fraud Office had alleged that lucrative terms given to Qatar were hidden from the market and other investors. Correspondence address. A businesswoman embroiled in a 1.5bn high court battle with Barclays broke down in tears after bank bosses accused her of engaging in a hustle. At the age of 23, Staveley managed to convince a bank to lend her 180,000 to set up her own restaurant. WebDubai financier Amanda Staveley offers to buy Newcastle United in one-off payment of under 300 million More than a decade ago, in 2008, Ms Staveley helped broker the deal AMANDA STAVELEY has led the Saudi Arabia-backed consortium trying to take over Newcastle United since 2017. Soon, she may just add a Quayside penthouse overlooking the Tyne to her property portfolio. Since her Stocks days, she has amassed a personal fortune worth around 120million, has a home in Dubai and a luxury apartment on Park Lane. In 2013, Amanda was diagnosed with Huntington's disease - a degenerative disorder that affects people later in life. But, despite her long hours, it didn't deter her from studying for her City exams with ambitions to become a financial adviser, as well as fulfilling modelling duties for extra cash. It has previously been reported Staveley's net worth is 110million although some estimates have put this slightly higher at 115m. offers FT membership to read for free. Finally, the mega-connected businesswoman has been successful - with the 300m Toon takeover now completed. Newcastle United are under new ownership, with the majority of the funding coming from the Saudi Arabia Public Investment Fund, but just who is the women who helped put the deal together? Amanda Staveley is just one of the names involved in the Newcastle United takeover that finally completed on 7 October 2021. SunSport reported earlier this year that bin Salman had entered talks to buy out Ashley. On June 8th, 2020, Amanda Staveley began a court case against Barclays bank over dealings during the 2008 financial crash. Amanda Staveley has become one of the owners of Newcastle United after the club was purchased for over 300 million. Amanda Staveleys Tweets. Newcastle would have 200million to spend on new players if the takeover is completed. At the age of 23, Staveley managed to convince a bank to lend her 180,000 to set up her own restaurant. According to reports, she called him "Babe", while he sent her racy jokes in text messages and emails. Reuben Brothers is a significant investor in Newcastle and is currently redeveloping the former Bank of England site on the city's Pilgrim Street, among other areas. Her company first tried to buy Newcastle for around 250m in 2017, but Ashley pulled the plug after three months with no deal in place, describing the process as "a complete waste of time". Although, rather strangely, Huntington's made Amanda better with numbers when she was a City dealmaker with Barclays bank. AMANDA STAVELEY has led the Saudi Arabia-backed consortium trying to take over Newcastle United since 2017. Amanda Staveley arriving at the Rolls Building in London earlier in the case. Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity Amanda Louise STAVELEY. An indication of the circles in which British financier Amanda Staveley moves is the rumour that she once turned down a marriage proposal from Prince Andrew, Queen Elizabeth II's third child. Although, rather strangely, Huntington's made Amanda better with numbers when she was a City dealmaker with Barclays bank. Staveley has clients that can write a 500 million check and want to acquire property in The bulk of her fortune is thought to come from her high-profile deals. cookies 5 Premium access for businesses and educational institutions. UK Finance boss resigns as Amanda Staveley high court case continues, Original reporting and incisive analysis, direct from the Guardian every morning, 2023 Guardian News & Media Limited or its affiliated companies. Amanda Staveley: The former model who is now part-owner of Newcastle United. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Businesswoman and former model Amanda Staveley led the Saudi-based takeover of Newcastle, Staveley met Prince Andrew in 2001 and they dated for two years, Andrew soon became entranced by Staveley reportedly sending her racy text messages, Andrew loved introducing Staveley to his high-society friends, In 2011, Staveley married Iranian businessman Mehrdad Ghodoussi, Staveley suffers from Huntington's disease, She credits husband Ghodoussi for being patient with her, Staveley has accrued a wealth of 120m and can count on mates including Sir Philip Green and Simon Cowell, Aged 16 Staveley was accepted to Cambridge University, Staveley's first business venture was Stocks restaurant, Over the years Staveley built up an enviable contacts book, Newcastle United Supporters Trust welcome proposed Saudi takeover, Independent Press Standards Organisation (IPSO). Amanda Staveley has a long career in business, which has culminated in her ability to broker and force through the takeover of Newcastle United, in spite of numerous obstacles, and she now sits in a position of influence at St. James' Park. Amanda It is claimed that she resides in London, while also spending time in Dubai, UAE. This forms part of the Reuben Brothers billionaire business empire, a family-owned private equity and property firm. PIF is also chaired by Saudi's de facto ruler Crown Prince Mohammed bin Salman, who was linked to the gruesome 2018 murder of exiled journalist Jamal Khashoggi, although he has denied any involvement. It is reported that before the Newcastle takeover, Amanda Staveley's financial advisory firm PCP Capital Partners played aninstrumental rolein the brokerage of Sheikh Mansour's takeover of Man City. Members of the Dubai-ruling family, the Maktoums, who own the Godolphin Stables, were regulars. However, two years later the former blonde model, who stands 6ft tall in heels, turned down his hand in marriage because she didn't want to become a Royal. We use cookies to make our services work and collect analytics information. "Its actually very useful because Ive never needed a calculator," she said. Staveley, herself, and her PCP Capital Partners firm are set to take a 10 per cent stake in the club as part of the deal, and she will take her seat on the board. But she said PCP had been induced to invest on manifestly worse terms than investors from Qatar. Before she could count the likes of Simon Cowell and Sir Philip Green as mates, and was whisked around in a chauffeur-driven 250,000 Rolls Royce Phantom, Staveley had to overcome adversity as a teenager. Also Read |Newcastle Utd takeover: 340m bid received from Saudi investors, deal 'one step closer'. This is despite the closeness of the fund to the Saudi regime, which has faced criticism over its human rights record. The good times are on their way. Sky News looks at the groups and people behind the controversial 300m buyout of the Magpies following the ill-fated 14-year tenure of Sports Direct boss Mike Ashley. Staveley, known by everyone in Gulf circles as Amanda, is 38, very tall and slim, with short blonde hair and wearing a simple black dress; her background and style But Staveley said she did not accept Onions suggestions and did not agree with them. He does have Twitter and Instagram accounts but his Instagram is set to private and he only joined Twitter in April 2020, which he primarily uses to share information about football. I had a psychologist, I was sectioned, my weight dropped and I didnt know how to cope.". In 2010 Staveley was reported to have advised the Qatari property investment company Barwa in their purchase of the Park House site on Oxford Street in London from Land Securities for 250 million, a deal that was said to have earned PCP Capital Partners in the region of 5 million to 7.5 million in fees. We use some essential cookies to make our services work. Staveleys husband, Mehrdad Ghodoussi, tweeted in light of the venture to thank Newcastle fans for their support: Just want to say a huge thank you to this incredible city #Newcastle and to the beautiful fans of Newcastle United. Amanda currently lives in Dubai with her British-Iranian financier husband, Mehrdad Ghodoussi. Unidad Editorial Informacin Deportiva, S.L.U. WebIn October 2011, she married British-Iranian financier Mehrdad Ghodoussi, in a ceremony held at West Wycombe Park in Buckinghamshire. "I was educated at a girls private school Queen Margarets in York and I found being educated with men at university very tough. WebAmanda Staveley was born on 11 April, 1973 in Ripon, is a Finance Broker. The relationship was beneficial for both parties - Amanda was introduced to Andrew's contacts book, while he reportedly enjoyed inaugurating her into his inner circle. SunSport exclusively revealed thata return for Rafa Benitez is also being targetedas part of the takeover plans. "The Barclays guys were always shocked that I could do complicated financial models in my head. Onions suggested to Staveley: You saw an opportunity to insert yourself into the Barclays transaction and engineered a place for yourself. WebAmanda Louise Staveley (born 11 April 1973) is a British business executive. However, he couldn't get her down the aisle. Arab princes and dotcom tycoons from Silicon Fen - a nickname given to a region of Cambridgeshire which is home to a cluster of high-tech businesses, were also customers. Shields Gazette report thedocument suggest Ashley is "essentially helping to fund Staveleys bid to purchase the club". Liverpool owners turned down 1.5bn offer to buy club from Dubai financier Firm led by Amanda Staveley was rebuffed at last minute by Fenway Sports Group paving analyse how our Sites are used. Serena Williams, 41, makes shock pregnancy announcement at Met Gala, Vanessa Bryant remembers daughter Gigi on what would have been her 17th birthday, Olivia Dunne dubbed 'arrestingly beautiful' as LSU star debuts SI look, World's sexiest volleyballer sprawls on bed to show off curves in lingerie shoot, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, Amanda Staveley now has a 10 per cent stake in Newcastle United, Amanda Staveley and Mehrdad Ghodoussi married in October 2011, Amanda Staveley says she is excited about Newcastles future after 300m Saudi takeover completed as Mike Ashley reign ends. Mike Ashley net worth and potential Newcastle United sale. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. It was reported thatthe takeover is "90 per cent certain" after a shell company created by Dubai-based financier Staveley was registered to facilitate the deal. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Mike Ashley net worth and potential Newcastle United sale, Coronavirus in UK: Newcastle becomes first PL club to lay off staff amid COVID-19 lockdown, Newcastle Utd takeover: 340m bid received from Saudi investors, deal 'one step closer', Newcastle Jets vs Melbourne City FC live streaming details, team news, A-League live. Friday 8 October 2021 21:02, UK. It is claimed that she resides in London, while also spending Simply log into Settings & Account and select "Cancel" on the right-hand side. Standard Digital includes access to a wealth of global news, analysis and expert opinion. organisation When the cruel illnesstakes effect, sufferers' brain functions begin to slowly decline and mood swings, memory loss, as well as involuntary body movements are just some of the symptoms she could face. A year later, Andrew, then a UK trade ambassador, went to the science park with King Abdullah of Jordan, one of its many investors, and met Staveley for the first time. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. There is no more stressful business that football, and it will be interesting to see just how hands-on the 48-year-old will be at the club once the initial period of appointments is completed. She is said to be worth 120 million pounds and has properties in Dubai and London. Staveley has strong Middle Eastern connections and been involved with the purchase of Manchester City and a large investment in Barclays Bank. The 48-year-old now owns 10% of Newcastle United and is reported to have a net worth of 110 million. LLP Designated Member. Incredibly, she was accepted at Cambridge University aged just 16 - after completing her A-Levels in one year. Why you can trust Sky News. And before she made her foray into the football world, Amanda was courted by 'Randy Andy' Prince Andrew. Her dad Robert Staveley, a north Yorkshire landowner who founded the Lightwater Valley theme park, suffered a heart attack. I had a psychologist, I was sectioned, my weight dropped and I didnt know how to cope.". Amanda Staveleys strenuous attempts to match buyers with Liverpool in 2008 reveal much about how she looks to make her networks count She met Tom Hicks' "Its actually very useful because Ive never needed a calculator," she said. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. "When I got to university my dad had a heart attack, my mum was very ill with Huntingtons, and I also had an eating disorder," she said. Since her Stocks days, she has amassed a personal fortune worth around 120million, has a home in Dubai and a luxury apartment on Park Lane. In February, three former Barclays bosses were cleared of fraud over a 4bn investment deal with Qatar at the height of the banking crisis. Related topics: But Amanda had to drop out after suffering a number of setbacks. For a full comparison of Standard and Premium Digital, click here. Andrew was so entranced by his new love, Staveley was invited to Buckingham Palace and Sandringham, while she also helped decorate his home in Windsor Great Park. The Daily Telegraph recently claimed a deal is near completion after the Premier League was informed a bid from a Saudi Arabian consortium.
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