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Amanda Staveley Companies House filing – Newcastle United formal farewell

July 23, 2024
in Sports
Amanda Staveley Companies House filing – Newcastle United formal farewell
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Ten days ago (12 July 2024), the Newcastle United owners announced that Amanda Staveley would ‘step down from all her positions with Newcastle United.’

Newcastle United owners official announcement – 12 July 2024:

‘Newcastle United Football Club today announces that an agreement has been reached to change its ownership structure.

PIF and RB Sports & Media will increase their shareholdings in Newcastle United, as part of the long-term plan to develop the club and make it a consistently credible competitor in domestic and European competitions.

As part of this structural change, PIF and RB Sports & Media will together acquire PCP Capital Partners’ shareholding in the club and Amanda Staveley will step down from all her positions with Newcastle United.

Following this, the new shareholding structure will see PIF control around 85% and RB Sports & Media holding the remaining 15% stake in the club. These structural changes are expected to be completed during July 2024.’

Now Newcastle United have made a new filing at Companies House, with it showing up today (22 July 2024) but it showing something that happened on 12 July 2024.

As you can see below, the formal move to make Amanda Staveley no longer a Director and member of the Newcastle United board.

Amanda Staveley NUFC Companies HouseSo where does that leave us?

Starting with the day of the takeover, these are the Newcastle United board appointments and resignations, as per the filings at Companies House that are available for the public to see:

Amanda Staveley – Joined the Newcastle United board on 7 October 2021.

Jamie Reuben – Joined the Newcastle United board on 7 October 2021.

Lee Charnley – Left the Newcastle United board on 7 October 2021.

Yasir Al-Rumayyan – Joined the Newcastle United board on 2 December 2021

Majed Al Sorour  – Joined the Newcastle United board on 12 May 2022 and left on 14 December 2022.

Majed Al Sorour  – Left the Newcastle United board on 14 December 2022.

Abdulmajid Ahmed Alhagbani – Joined the Newcastle United board on 23 February 2023.

Asmaa Mohammed Rezeeq – Joined the Newcastle United board on 23 February 2023.

Amanda Staveley  – Left the Newcastle United board on 12 July 2024.

As you can see, at the moment, the Newcastle United board now has four members currently, those are:

Jamie Reuben, Yasir Al-Rumayyan, Abdulmajid Ahmed Alhagbani and Asmaa Mohammed Rezeeq.

With Amanda Staveley now formally confirmed by Companies House as no longer an NUFC director, will a new Newcastle United board member be appointed who will fill at least some of the roles Amanda Staveley filled?

And/or, will we see Jamie Reuben come far more to prominence and get far more hands-on and public? if so, I wouldn’t be surprised to see him named as something like vice-chairman on the Newcastle United board, with only Yasir Al-Rumayyan having a more senior title.

Either way, I feel like this is kind of a new era we are moving into.

The initial three years post-takeover having flown by, with now Newcastle United putting their foot on the pedal and the pace quickening, as the club builds towards what it can potentially be.

I think we can expect some major announcements in the near future, not least plans on delivering a bigger stadium. Whether the Newcastle United owners will be committing to increasing St James’ Park as best they can, or a whole new stadium…

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TheMag – https://www.themag.co.uk/2024/07/amanda-staveley-companies-house-filing-newcastle-united-formal-farewell/

Tags: AmandasportStaveley
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