Duncan Castles has been speaking on The Transfer Window Podcast about how Amanda Staveley is having to justify her role within Newcastle United.
Since the takeover of Newcastle was passed through by the Premier League, it has been minority stakeholder Staveley that has been front and centre of everything that’s going on as she’s met the players, fans, media and has attended all three games since being with the Magpies.
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Staveley and her company PCP Capital Partners are only on an initial short-term contract, which means her long-term future is not guaranteed with the Magpies, and after seeing the club’s number-one managerial target in Unai Emery reject the Magpies, that will not have helped her cause in terms of proving she’s the right person to help run the club on a day-to-day basis.
Castles has revealed how the financier is having to justify her position within the club.
“They still have Lee Charnley filling the chief executive role on basically an interim basis, going to Premier League meetings, which ends up causing them more problems.
“Amanda Staveley [and] PCP Capital have a management contract. I’m told that that will remain in place as long as they’re doing a good job, so obviously, they are working to try and justify their position controlling the club.”
TIF Thoughts on Staveley and her role at the club…
Despite having the smallest stake in the club, it’s quite remarkable how prominent a role Staveley has taken in the running of the club, but that certainly comes at a cost as she may have to speak to the media and be the target for criticism if things are going wrong, especially if she is the one attending the majority of the matches.
It would surely be a blow for Staveley if she wasn’t allowed a hands-on role at the club beyond this initial period given how long she has attempted to get the keys to St. James’ Park, with her first attempt to buy the club coming all the way back in 2017, so she is certainly committed to the cause.