Saudi-led consortium will invest in all areas of Newcastle United FC: Staveley

Amanda Staveley, CEO of PCP Capital Partners, said the Saudi-led consortium will invest in the grassroots of the club. (Reuters)
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Updated 08 October 2021
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Saudi-led consortium will invest in all areas of Newcastle United FC: Staveley

  • Saudi Public Investment Fund, the British financier’s senior partner in the $408.6 million deal, now owns 80 percent of Newcastle
  • ‘We are incredibly keen to invest in the grassroots of this club,’ Staveley says in the first interview following the 18-month takeover

DUBAI: Amanda Staveley, the British financier who is a member of the Saudi-led consortium that has taken control of Newcastle United Football Club, told Arab News of plans to invest “in all areas” of the club after the 18-month takeover concluded.

“I know that managers and new players and all those exciting things are so important and are at the top of everybody’s agenda at the moment,” Staveley said in her first media interview after the deal was announced.

“Today is not the day to talk about new managers and new players, but what I would say is that we are incredibly keen to invest in the grassroots of this club. It is at the heart of the local community, and we will work with the fans and the community to find out what is best for them and for Newcastle United.”

Staveley, in her role as CEO of PCP Capital Partners, which now owns 10 percent of Newcastle, also spoke of the Saudi Public Investment Fund, her senior partner in the takeover with an 80 percent holding.

“PIF is an autonomous, commercially driven investment fund and I think that it is a great partnership between a great investor and a great club,” she said. “We will finally be able to invest in the club, in its infrastructure and players.”

She was speaking after a whirlwind couple of days during which the logjam surrounding the consortium bid for Newcastle was suddenly brushed aside after resistance from the Premier League, the English football authority, evaporated.

“The logjam was over control, and those issues have been resolved. We would like to thank the Premier League for all of its hard work over the last few months getting us here today, and that is essentially what broke the logjam.”

Staveley first approached Newcastle owner Mike Ashley with a proposal to acquire the club in 2017, but various approaches were resisted until the PIF got involved in late 2019.

“It has taken us four years to get here and we need to just go in and do a full review, both on the football side and the commercial side, and we will come back and make those investment decisions over the near term,” she said.

In addition to around GBP300m ($408.6 million) to purchase Ashley’s shares, the Saudi-led consortium is also committed to spending $340.5 million on the football club and other related facilities in the northeast of England.

“Most important for me is the academy, and to get investment to all areas of the club, from all sides,” Staveley said.


Shakib Al-Hasan shines as MI Emirates down table-toppers Desert Vipers by 4 wickets 

Updated 22 December 2025
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Shakib Al-Hasan shines as MI Emirates down table-toppers Desert Vipers by 4 wickets 

  • All-round performance helped move the team back to second in the points table

DUBAI: MI Emirates registered a composed four-wicket victory over the table toppers Desert Vipers to seal their third straight win in the DP World ILT20 Season 4 at the Dubai International Stadium on Sunday. After a disciplined bowling performance in the first innings, MI Emirates overcame early pressure before Kieron Pollard and Shakib Al-Hasan guided the team to victory.

The Desert Vipers managed to score 124 courtesy of Dan Lawrence’s gritty 35 off 34 balls, but MI Emirates navigated a tricky chase with relative ease. With the ball, spinner Al-Hasan’s two wickets for 14 runs led the charge and kept the Vipers in check, before Zahoor Khan’s death bowling ensured the total remained below par.

In reply, MI Emirates stumbled in the powerplay and lost momentum in the middle overs, but Pollard’s 26 off 15 balls flipped the contest decisively. Even after his dismissal, Al-Hasan held firm to see the chase through, striking the winning boundary to complete a controlled four-wicket win with 15 balls to spare. 

MI Emirates endured a slow powerplay as the Vipers applied sustained pressure. David Payne set the tone early, removing Jonny Bairstow (5 off 5), while Lockie Ferguson struck to dismiss Muhammad Waseem (18 off 13). They finished the powerplay with 35/2 on the board.

The batting side lost momentum through the middle overs as the Vipers bowlers tightened the screws. Nicholas Pooran (17 off 17) mounted a brief counterattack with two sixes but was trapped LBW by Lawrence. Wickets fell at regular intervals, including Tom Banton (10 off 10) being bowled by a sharp Qais Ahmad delivery.

Then, skipper Pollard swung the momentum decisively, taking Ahmad apart with a pair of sixes in the 15th over that turned the chase in MI Emirates’ favor. He was eventually dismissed by Matiullah Khan, but Al-Hasan (17* off 25) held his nerve, anchoring the finish before striking the winning boundary off Matiullah to close the chase at 124/6 in 17.3 overs.

In the first innings, the Vipers made a subdued start in the powerplay, as Chris Woakes was excellent up front, conceding just 15 runs from his three overs. Allah Ghazanfar struck the key blow by removing Max Holden (20 off 18). Fakhar Zaman (13 off 13) tried to build momentum, but the lack of boundaries and regular dots ensured the Vipers were restricted to 35/1 after six overs.

MI Emirates tightened their grip through the middle overs as Al-Hasan struck twice in a miserly spell to remove Zaman and Sam Curran (4 off 4), conceding just eight runs in two overs. Arab Gul added to the pressure by dismissing Hasan Nawaz (13 off 19), leaving the Vipers reeling after losing three wickets in as many overs and the score at 54/4 at the halfway mark of their innings.

Lawrence and Jason Roy (14 off 18) showed intent in patches, adding a cautious stand of 42 runs in 40 balls, but boundaries were scarce. Al-Hasan capped an outstanding spell, leaving the Vipers with little impetus. Khan delivered a decisive final over, finishing with two for 17, as regular wickets in the death overs ensured the Vipers were kept in check, leaving MI Emirates a manageable target of 125 to seal the chase.

Al-Hasan said: “It was a surface that suited the spinners, and the focus was on hitting the right areas consistently. I was able to do that today, which was pleasing. I’m glad it helped the team. Batting wasn’t easy on this pitch either. With so many powerful hitters in our lineup, someone needed to play the anchoring role, and I was happy to take on that responsibility to make sure we finished the chase.”

Desert Vipers stand-in skipper Curran commented: “It was another low-scoring game on a tricky surface. The pitch was slow, and facing a side like MI Emirates, who have high-quality spinners with a lot of variation, made it even tougher. Despite that, I thought our bowlers put in a strong effort. With qualification already secured, we chose to rotate the squad, and what happened to Lockie reinforces the importance of managing workloads.”