Newcastle co-owner sells shares and exits club

Amanda Staveley and Mehrdad Ghodoussi, the co-owners of Newcastle United, are set to leave the club.

Newcastle co-owner sells shares and exits club

In 2021, they helped orchestrate the Saudi Arabian takeover of Newcastle United for £305m, receiving a 10% stake in the club.

The BBC understands Staveley and Ghodoussi have now sold their remaining shares and will be leaving the club. Staveley and Ghodoussi helped the club avoid relegation in their first transfer window signing players such as Bruno Guimarães and Kieran Trippier.

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