Amanda Staveley
Amanda Staveley | |
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Born | Amanda Louise Staveley 11 April 1973 |
Amanda Louise Staveley is a British business executive.
Amanda Staveley is notable chiefly for her connections with Middle Eastern investors. She helped a Saudi consortium take over Newcastle United Football Club in a deal completed in October 2021 and has joined the Board of Directors.
In 2008 Staveley played a prominent role in the investment of £7.3 billion in Barclays by the ruling families of Abu Dhabi and Qatar, and by the Qatari sovereign wealth fund.[1]
Staveley's firm, , acted for Sheikh Mansour Bin Zayed Al Nahyan of the Abu Dhabi royal family, who invested £3.5 billion to control 16 percent of the bank. The deal was reported to have earned PCP Capital Partners a commission of £110 million, which, after paying advisers, represented a profit of £40 million. Staveley was also involved in Mansour's high-profile purchase of Manchester City F.C. in September 2008.[2]
Staveley has also attempted on two occasions to buy a stake in Newcastle United, first in 2018 and again in 2020 as part of a group led by Saudi Arabia's sovereign wealth fund, the Public Investment Fund. The takeover was completed on 7 October 2021 with Staveley owning 10% of the club alongside Reuben Brothers with PIF owning majority with 80%.[3]
Amanda Staveley initially hit the tabloid headlines after dating Prince Andrew, Duke of York, in 2003.[4]
References
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