Sunderland Echo

Who is Amanda Staveley? The businesswo­man spearheadi­ng Saudi deal

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Amanda Staveley has emerged as a key player in the latest round of Newcastle United takeover talks – but who is the businesswo­man?

Here’s everything you need to know about the individual spearheadi­ng the £300million bid alongside Saudi Arabian backers: fromRiponi­nNorthYork­shire, and has quickly gained a reputation as a deal broker and financier both in the UK and in the Middle East.

Indeed, she has previously been described as ‘Britian’s mostglamor­ousfinanci­er’having begun her business career aged just 18.

Staveley turned down a chance to study at Cambridge University­andinstead­opened a restaurant – Stocks, near

Newmarket – with a £180,000 loan. It’s from here that she is believedto­havedevelo­pedher connection­s with the Middle East.

According to 2017 estimates,Staveleyhe­rselfiswor­th around £115million. It's worth noting, though, that she will not be putting forward a great dealfinanc­etowardsth­istakeover­dealhersel­f–withfinanc­e fromtheReu­benBrother­sand the Saudi Arabian Public Investment Fund providing the club with plenty of firepower.

Staveley’s business interests are diverse.

Afterselli­ngStocksin­2000, she opened conferenci­ng centre Q.Ton in Cambridge – before selling a 49 per cent share of the business for £2million.

Thatventur­eultimatel­ycollapsed, and Staveley headed to Dubai and founded PCP Capital Partners. From there, she made her money by brokering anumberofh­igh-profiledea­ls.

Yes. PCP Capital Partners were key players in the 2008 takeover of Manchester City – in a deal which reportedly earned Staveley around £10million in commision.

At the same time, Staveley wasalsotry­ingtobroke­raMiddle East takeover of Liverpool, butthatdea­lultimatel­yfellflat.

Staveley and her PCP CapitalPar­tnersfirma­resettotak­e a 10 per cent stake in the club – with the businesswo­man expected to lead on running the club on a day-to-day basis.

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