Newcastle United news: Co-owner Amanda Staveley reveals Chelsea decision
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Staveley’s PCP Capital Partners, backed by Saudi Arabia’s Public Investment Fund and RB Sports & Media, bought the club from Mike Ashley late last year in a £305million deal.
However, co-owner Staveley today revealed that there had been a chance to buy Chelsea, which has been put up for sale by Roman Abramovich following Russia’s invasion of Ukraine, before an agreement was reached with Ashley.
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Hide AdSpeaking at the Financial Times Business of Football Summit, Staveley said: "We had the opportunity to look at Chelsea – a wonderful club – but there was only ever one club for us, Newcastle."
Abramovich confirmed yesterday that Chelsea had been put up for sale. The billionaire said: “Please know that this has been an incredibly difficult decision to make, and it pains me to part with the club in this manner. However, I do believe this is in the best interest of the club.”