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Saudi Arabia PIF on track to take full ownership of Newcastle United as Amanda Staveley leaves

Saudi Arabia PIF on track to take full ownership of Newcastle United as Amanda Staveley leaves

The news that Amanda Staveley and her husband Mehrdad Ghodoussi are leaving and selling their 6% minority stake in Newcastle United didn’t come as a shock to me.

So I was surprised to see some of the reactions from various media outlets.

I now expect Saudi Arabia’s PIF to increase its majority stake to 86%, en route to full control of Newcastle United.

Before I go any further, I would like to thank Amanda Staveley and Mehrdad Ghodoussi for their extraordinary efforts and tireless determination to finally free our beloved club from the wretched clutches of our former owner.

The Euro final is almost here and Ingurrlund have made it to Sunday’s final game. Substitute Ollie Watkins’ winning goal in the semi-final against the Netherlands was an exceptional finish, worthy of winning any match.

I sincerely hope that all the flag-wavers in Germany and here in Britain have a memorable Sunday evening. It is refreshing to hear that there has been no real trouble between rival fans during the current tournament.

However, there is only one team in my life and I hope that come Monday morning things start to look up at St James’ Park.

The appointment of Paul Mitchell as Sporting Director was something I did not expect. This man has been highly sought after and appears to be respected and highly regarded by his peers in the game.

It has been reported that Mitchell will have a more hands-on role in running the club than Dan Ashworth appeared to have. He will also work much more closely with Eddie Howe.

The troublemakers, especially among Liverpool’s press and social media, aren’t going away any time soon. That’s why it’s imperative we sit down with Anthony Gordon as soon as possible, tell him exactly how things stand and where he fits in at Newcastle going forward.

I want us to sign a right-footed centre-back and a centre-forward as our two priority signings this summer. I believe they have already been identified and I will back Eddie’s judgement on whoever they are.

I still believe there will be an announcement soon about the redevelopment of St James’ Park or a possible move approximately 450 metres to the north-west, at Castle Leazes.

I know which option I would prefer and I also firmly believe that the majority owners of PIF in Saudi Arabia want the same. A new state-of-the-art super stadium would be the ultimate statement of intent as we continue to expand our club commercially with the aim of becoming a global brand.

We are just 33 months after our club was rescued by the PIF-led takeover from Saudi Arabia.

Since then, we have had an idea and a vision of what a successful Newcastle United could actually look like in the not too distant future.

Newcastle United are already unrecognisable from the dire situation they were in just three years ago.