Newcastle co-owners Staveley and Ghodoussi to depart

Newcastle co-owners Amanda Staveley and Mehrdad Ghodoussi are group to time off Tyneside, according to the BBC.

The brace claimed a 10% stock successful nan nine aft helping a Saudi Arabia Public Investment Fund complete a £305million takeover 3 years ago.

Staveley and Gh0doussi, who are hubby and wife, person since seen their shares alteration to 6% arsenic nan Reuben family person accrued their stakes successful Newcastle shot club.

But those shares person seemingly now been sold and they will wholly trim ties pinch nan Magpies.

Staveley and Ghodoussi hired existent caput coach Eddie Howe successful 2021 and person been instrumental successful sanctioning immoderate cardinal signings including nan likes of Bruno Guimaraes and Kieran Trippier.

They besides oversaw 1 of Newcastle’s champion Premier League campaigns successful caller years.

Newcastle United co-owners Amanda Staveley and Mehrdad Ghodoussi are group to time off nan club.

They helped to orchestrate nan Saudi Arabian-backed £305m takeover of nan nine successful 2021.#BBCFootball pic.twitter.com/2rpy1S1bl8

— BBC Sport (@BBCSport) July 10, 2024

The Magpies vanished successful nan apical 4 successful 2022-23 and returned to nan Champions League, besides reaching nan Carabao Cup last successful nan aforesaid year.

Fresh investors are now reportedly being sought but immoderate incomings will apt person a lesser domiciled than their predecessors.

The assignment of Darren Eales arsenic Newcastle’s main executive and Paul Mitchell arsenic nan caller sporting head intends nan much important day-to-day business is now covered.