Amanda Staveley 'signs Newcastle United confidentiality agreement'

A report claims that the investment company run by Amanda Staveley has signed a confidentiality agreement with Newcastle United, as a sale of the club draws nearer.

A full sale of Newcastle United is reportedly close to being completed as the investment company run by entrepreneur Amanda Staveley has signed a confidentiality agreement with the club.

The Magpies were officially put on the market by owner Mike Ashley earlier this week, more than a decade on from the Sports Direct tycoon handing over £134m to purchase the North-East outfit.

Staveley's appearance at a recent Newcastle game led to suggestions that she would be behind a possible buyout and, according to The Chronicle, United supporters can soon expect new owners in place.

PCP Capital Partners, which is run by Staveley, is said to have entered a period of due diligence of club finances, though talk of £400m being handed over to Ashley appears to be wide of the mark.

Ashley's lawyer Andrew Henderson revealed earlier this week that Newcastle hope to have new owners in place before Christmas, with other interested parties understood to have also stepped forward.

Share this article now:
Newcastle United's English owner Mike Ashley applauds as he waits for the kick off in the English Premier League football match between Newcastle United and West Ham United at St James Park, Newcastle-Upon-Tyne, north east England on May 24, 2015
Read Next:
Ashley announces intention to sell Newcastle
You May Like
Recomended from Sports Mole

Loading ...

Failed to load data.

Subscribe to our Newsletter

Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!
Login, I already have my ad-free pass
Log in with Facebook to customise Sports Mole
Buy ad-free access (show me the options)
Buy monthly ad-free access for £1.20/month
Buy yearly ad-free access for £12 (2 months free)
Settings - Logout - Manage your account
Settings - Logout - Manage your account