Newcastle confirm exit of Staveley and Ghodoussi

Newcastle United co-owners Amanda Staveley and Mehrdad Ghodoussi person agreed to waste their shares and time off nan club.

They took a 10% liking successful Newcastle erstwhile they helped to orchestrate nan Saudi Arabian-backed £305m takeover of nan nine successful 2021.

The hubby and wife's stock has since decreased to 6% arsenic Saudi Arabia's Public Investment Fund (PIF) and nan Reuben family person accrued their ain holdings.

Staveley and Ghodoussi will now waste their remaining stock successful nan nine to PIF and nan Reuben family, giving them 85% and 15% stakes successful nan nine respectively.

"Newcastle United is specified a special, unsocial nine and being a co-owner of Newcastle United has been an honour," said Staveley.

"Mehrdad and I person loved being portion of this nine and organization and are highly proud of nan advancement Newcastle United has made successful caller years."

Staveley added that she and her hubby "will stay fans for life".

The brace person been instrumental successful nan day-to-day moving of Newcastle since nan takeover, which gave PIF an 80% controlling liking successful nan Premier League club.

Staveley and Ghodoussi hired head Eddie Howe successful November 2021 to switch Steve Bruce and signed players specified arsenic Bruno Guimaraes and Kieran Trippier during their first transportation model successful complaint to thief nan nine past relegation.