Football News Update: Newcastle United Co-owners Depart After Three-Year Tenure

In a significant development in the world of football, the co-owners of Newcastle United, Amanda Staveley and Mehrdad Ghodoussi, are set to step down from their roles after a three-year tenure at the helm of the Premier League club.

Staveley, who fronted the Public Investment Fund’s (PIF) high-profile takeover of Newcastle United in 2021, is now poised to relinquish her position, signaling a new chapter for the Magpies. The reasons behind this decision and whether Staveley and Ghodoussi will sell their shares in the club remain unclear at this time.

“This news comes as the 2023-24 Premier League season approaches, with teams preparing for the highly anticipated Euro 2024 qualifiers and the upcoming FIFA World Cup in the United States, Mexico, and Canada.”

Fans will undoubtedly be keeping a close eye on the developments surrounding Newcastle United as the club navigates this transition.

As the EFL Cup and FA Cup competitions continue to captivate audiences, and the Women’s World Cup draws near, the Premier League and other top-tier European leagues, such as the Champions League and the Africa Cup of Nations, remain the focal points for football enthusiasts around the world.

๐Ÿ”— Source