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“ Financial firm offers £300m for Premier League club “

Mon Nov 20, 2017 8:02 pm

BBC


A financial firm headed by British businesswoman Amanda Staveley has tabled a formal takeover bid in the region of £300m for Newcastle United.

PCP Capital Partners has been in talks with the Premier League club's owner Mike Ashley for about a month, and a source close to the deal said an offer has now been made.

Ashley said on 16 October he wanted to sell after 10 years in charge.

Staveley watched Newcastle's 1-1 home draw against Liverpool on 1 October.

The 44-year-old helped broker the purchase of Manchester City by Sheikh Mansour bin-Zayed bin Sultan Al Nahyan in 2009, and it was reported she led Dubai International Capital's £400m bid for Liverpool in 2008.

Re: “ Financial firm offers £300m for Premier League club “

Mon Nov 20, 2017 11:15 pm

They are worth something in region of £20billion + ?? the group of hedge funds she fronts! :o