Amanda Staveley explores £2bn takeover of Newcastle United or West Ham
Former Newcastle United co-owner Amanda Staveley is assembling a £2bn takeover consortium in the United States to potentially buy the Magpies or West Ham.
The prominent financier sold her remaining six per cent stake at St James’ Park in July 2024 but is reportedly gathering funds for a fresh project.
A dramatic return to Tyneside remains a possibility if Saudi Arabia’s Public Investment Fund (PIF) chooses to step away following a difficult domestic campaign.
She previously played a central role in brokering the £310m deal that saw PIF take control of the club from Mike Ashley in 2021.
West Ham emerge as London alternative
According to journalist Alan Nixon, the investment group had explored purchasing Tottenham Hotspur before turning their attention elsewhere.
Acquiring her former club would require a significantly higher fee than the initial figure paid three years ago.
West Ham are now being actively monitored as a viable alternative if an agreement cannot be reached in the North East.
Despite not owning their London Stadium home, the East London outfit would likely demand a higher valuation due to overseas investors heavily favouring capital-based assets.
Premier League status remains crucial
Any potential move for the Hammers would depend heavily on their top-flight status, with relegation guaranteed to reduce the asking price.
Both target clubs have endured highly frustrating seasons in the Premier League.
West Ham currently sit 17th in the table following a vital 2-1 victory over Everton, hovering just two points above the relegation zone.
Meanwhile, Eddie Howe’s side occupy 14th place and appear highly unlikely to secure European football for next season.
Looming summer transfer window
This disappointing form could trigger a major summer rebuild at St James’ Park as they look to balance the books.
Key figures such as Anthony Gordon have been linked with high-profile moves, with the English forward emerging as a target for Bayern Munich.
Midfielder Sandro Tonali is also reportedly on the radar of both Arsenal and Manchester United.
Furthermore, Newcastle are currently battling Aston Villa and Tottenham in the race to sign an unnamed 23-year-old Manchester City star ahead of the summer window.
