Former Newcastle co-owner Amanda Staveley is expected to release a statement on Monday regarding Tottenham Hotspur, with the London club parting ways with Daniel Levy this week
Amanda Staveley, the former co-owner of Newcastle United, is reportedly set to announce that she has no intention of making a formal bid for Tottenham Hotspur.
It's believed that a statement from a company under Staveley's control will be released on Monday regarding the Premier League club.
Spurs recently bid farewell to their long-standing chairman Daniel Levy after nearly 25 years in charge, with CEO Vinai Venkatesham expected to step into the spotlight.
Sky News reports that PCP International Finance, which is controlled by Staveley, will confirm on Monday that it has no plans to bid for the London-based club. The same outlet also suggests that Staveley has been in talks with potential backers for a takeover bid in recent weeks.
Staveley, 52, joined the board of directors at Newcastle in 2021 when the current owners took over. However, she and her husband Mehrdad Ghodoussi stepped down from the club in 2024.
When the takeover was finalised, Staveley and Ghodoussi had a 10 percent share, which slightly decreased before they left. Their shares were taken over by Saudi Arabia's Public Investment Fund (PIF) and RB Sports and Media when they departed, reports the Mirror.
In September 2024, Mirror Football exclusively revealed that Staveley and Ghodoussi were contemplating a significant investment in Spurs. Just days earlier, the pair had attended a Premier League match against Brentford as guests of the North London club.
"My preference would have been to stay with Newcastle, but life doesn't always work out exactly how you want it to," Staveley told The Athletic in July 2024. "Nothing is going to replicate that.
"I fell in love with Newcastle, the club and the people and that can't change, but I didn't want to get in Newcastle's way. It's got to be about what's best for Newcastle.
"Mehrdad and I are keen to be hands-on. We're hard-working people, I love to be very busy and to engage and I love football. Very sadly, we have to move on to other projects and that might involve us taking a stake in another club or buying another club and that's difficult. But it's possible."
Despite stepping down as chairman, Levy retains just under 30 percent of his Spurs shares.
The 63 year old reflected on his time at the helm: "I am incredibly proud of the work I have done together with the executive team and all our employees,".
"We have built this club into a global heavyweight competing at the highest level. More than that, we have built a community. I was lucky enough to work with some of the greatest people in this sport, from the team at Lilywhite House and Hotspur Way to all the players and managers over the years."