Home » ARTICLES » Keith Wyness gives key update on Amanda Staveley’s investment at Tottenham

Keith Wyness gives key update on Amanda Staveley’s investment at Tottenham

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Madrid to make a winter push to sign Tottenham target Acheampong.

Amanda Staveley is interested in Tottenham investment

Earlier this month, reports emerged that Amanda Staveley is advancing on plans to make a significant investment at Tottenham Hotspur.

The 51-year-old, along with her husband Mehrdad Ghodoussi, left Newcastle United three months ago after having helped to run the club for three years following Saudi Arabia’s Public Investment Fund’s (PIF) multi-million-dollar takeover in October 2021. She was spotted in the stands at the Tottenham Hotspur Stadium during Spurs’ 3-1 win over Brentford in September.

Staveley and Ghodoussi have been seemingly working hard behind the scenes for a sizeable stake at Tottenham, who are currently run by ENIC Group and Daniel Levy. As per a report from Football Insider, Redstart Leisure Limited, which was used in the takeover of Newcastle United in 2021, had filed a special resolution to “wind up the company”—with “a voluntary liquidator set to be appointed.”

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This comes after Staveley’s company Apollo Belvedere Services, formerly PCP Capital Partners, was liquidated last month. However, former Everton CEO Keith Wyness feels the recent developments should not be viewed as setbacks for Staveley and her husband Ghodoussi in their potential hopes of investing at the north London club.

“I don’t think this is a negative sign in any move for Tottenham,” Wyness told Football Insider‘s Insider Track podcast.

“This is more of a housekeeping exercise for Amanda and her past companies. There are some legal issues with a Greek investor who loaned her some money.

“There is also PCP, the vehicle she went through for the Newcastle investment.

“Everything will be tidied up, and this may well be in advance of the Tottenham deal getting done

“It’s making sure everything is in order.

“She’s cleaning house and getting everything set so any vehicle she uses to invest in Tottenham is totally clean and free of any problems.”

Tottenham were purchased by the ENIC Group back in 2001, and Joe Lewis’ family trust became the majority owners of the club. Spurs fans have been unhappy with ENIC and Daniel Levy for years now due to their lack of ambition and investment. Thus, any likely takeover is certain to get the supporters excited.

Tottenham Hotspur ex-owner Joe Lewis pleads guilty to three criminal charges in the USA.
Chairman Daniel Levy has failed to bring success to Tottenham.

As a result, White Hart Lane faithful are no doubt keeping a close watch on any investment news from the club. Following years of mediocrity, the majority of the fanbase would want the ENIC group to give away their beloved club’s ownership with the hope of a new dawn.

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However, a takeover isn’t an immediate formula for success. The club may have to go through lots of ups and downs under new owners before becoming a force again, so the process has to be handled in the right manner.

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