Skip to player
Skip to main content
Skip to footer
Search
Connect
Watch fullscreen
Like
Comments
Bookmark
Share
Add to Playlist
Report
Amanda Staveley & Mehrdad Ghodoussi to leave Newcastle United - Jordan Cronin reacts
NewcastleWorld
Follow
10/07/2024
Amanda Staveley and Mehrdad Ghodoussi are set to sell their stake in Newcastle United.
Category
đŸ¥‡
Sports
Transcript
Display full video transcript
00:00
Well hello from sunny Cyprus now as you've probably guessed I am on my
00:04
holidays this week but I thought I'd give you my quick reaction to the news
00:08
that Amanda Sturgeon and the LEC will be stepping down from their roles at
00:12
A-class United and selling their 6% stake in the football club now.
00:17
It's a bit of a shock for many and certainly judging by the reaction on
00:21
social media I don't think many people expected this news any time soon and I
00:27
wasn't expecting this news at this stage and hence why I wouldn't have taken the
00:33
holiday if I did but yeah they have they will step down from their
00:38
rostel their 6% but I suppose if you look at it really it isn't too much of
00:45
a surprise because even the last 12 months Amanda Sturgeon and the LEC
00:52
shares in the football club or stake in the football club has diluted as a
00:56
result of the money that RB Sports and media and PIF have put in so of course
01:03
PIF and RB Sports and media you know they're not short of a penny let's say that
01:09
Amanda Sturgeon and the LEC do see their investment hasn't been able to match what they're
01:14
putting in and yeah naturally that's how their shares died you probably know that
01:19
but I'm taking you through a lesson here but yeah yeah I don't know where to start
01:25
really I think it's it's sad news I think a lot of people would be upset to
01:30
see the back of both Amanda Sturgeon and Mia Degadussi because they've played
01:35
massive role in Newcastle United over the last two and a half three years now
01:42
taking on the responsibility of running the football club when that deal was
01:46
confirmed in October 2021 now in that time on the field Newcastle have went
01:53
from 19th in the Premier League to qualifying for the Champions League, a cup final
01:58
beating PSG there's been a lot of highs on the pitch and then there's you know
02:04
they've done a lot off the pitch as well not just in terms of you know transfer
02:07
windows and the first transfer window under PIF was essentially run by
02:12
Amanda Sturgeon, Mia Degadussi and a lot of the signs they made, they managed to get Kieran
02:16
Shippey out, Bruno Guimaraes down there and some important figures in there
02:21
away from the field of course you've got the transfer windows and just a
02:26
day-to-day run of the club you've then got the training ground which you know
02:30
10 million pound in investment to get that up to scratch because it was
02:34
previously very very poor standard, not even up to Championship standard in many ways
02:38
so that you know that you got the ball rolling on that and even the little
02:43
the little wins if you like the the the Shearer statue being moved on the actual
02:48
St. James's Park land, you then had a nine ball moving back to Shearer's ball
02:55
it's rightful name and of course there's been plenty of other things as well
03:01
little wins if you like around St. James's Park just improving
03:05
St. James's Park, even cleaning the windows for example and it's all these
03:10
little wins but it helped restore a better feeling for the football club
03:14
because you know 14 years in the Knight Ashley this club was, all this close supporters
03:19
were fed up really really fed up and they didn't they lost that feeling of
03:24
hope and belief and Amanda Stavey and Mary Caducee through persistence and
03:30
restored that and I say persistence there, not many people will forget that
03:35
Amanda Stavey fought hard to get this club Knight Ashley I think it was took
03:40
three to eight of our bids to eventually get Knight Ashley to sell, she wasn't to be
03:45
beaten by the, I'm trying to think of the, she wasn't to be beaten by you know the
03:53
Premier League, the Premier League profits team, the Premier League test, the owners and directors test
03:59
which took a long long time, there was then obviously rejected bids from
04:03
Knight Ashley previously, Amanda Stavey took a lot of knock backs alongside Mary
04:08
Caducee but they still kept going kept going and as I say their persistence
04:13
paid off and yeah they got the football club and they've restored a feel-good
04:19
factor around it and I think because of that a lot of Newcastle fans will view
04:25
those two figures there as heroes if not legends for what they have done so I
04:31
think their legacy although I will probably say I think over the last 12
04:37
months there's probably been a few mistakes made now this isn't necessarily
04:41
all was their fault but obviously they're in charge of the day-to-day around the
04:45
football club so it does fall on their shoulders only and the PSR situation
04:50
was although had to be resolved I think it was a real disappointment that it was
04:54
resolved at the last minute, it should have been done earlier to avoid that
04:59
late panic and then of course the Dan Ashworth situation again I don't fault
05:05
Amanda and me for employing Dan Ashworth because Newcastle fans would have
05:09
agreed at the time that it was the best appointment they could have made but
05:13
obviously what unfolded, the Manchester United situation, I think it left a
05:20
bad taste in PIF's mouths and they had to step in on me and that's how they got
05:25
Bournemouth but of course Amanda and me would have been keen on that as well so I say
05:33
that they've taken the club a long way now it's up to others to take it even
05:38
further and Newcastle are on a journey, Amanda and me have helped accelerate the
05:43
journey and now it's up for the likes of PIF who I'd imagine now will take a much
05:50
larger role within the within the club you then of course got Paul Mitchell now
05:56
who is involved as sporting director, Darren Ears, you've got countless of other
06:02
people behind the scenes because let's not remember, not only were Newcastle a
06:06
skeleton structure off the pitch, sorry on the pitch, on the mike actually but
06:11
they were off the pitch as well, didn't have a commercial team off, they did, it was a
06:15
very small commercial team but the full operations of the Football Club have
06:19
been restored to that of a Premier League Football Club and Amanda and me
06:24
had played a big part in that so yeah from an emotional point of view I think a lot
06:29
of fans will be sad to see the back of Amanda and me at Adelaide but Newcastle
06:34
as I say are on a journey and it's up to others now to take this club forward and
06:39
take it to the top which is where it once could be.
Recommended
2:18
|
Up next
Amanda Staveley & Mehrdad Ghodoussi to leave Newcastle United
Shields Gazette
10/07/2024
1:00
Newcastle defeated at home again: North East Football Roundup
National World - LocalTV
03/02/2025
0:22
Amanda Staveley's message to Newcastle United fans
Shields Gazette
08/10/2021
3:30
Newcastle United vs Wolves preview - Jordan Cronin
NewcastleWorld
14/01/2025
0:16
Sandro Tonali: The Italian is 'central' to Newcastle United's future
NewcastleWorld
10/04/2025
5:07
Chris Wood and Hugo Ekitike - a blast from Newcastle United’s past
NewcastleWorld
19/02/2025
0:50
Confirmed: Amanda Staveley's Newcastle United takeover bid backed by billionaire investors
Shields Gazette
31/01/2020
0:30
Geordie Journos on Shots teaser 1
NewcastleWorld
13/09/2024
10:36
Newcastle United in Toyko - day one diary
NewcastleWorld
29/07/2024
1:30
Mouth of the Tyne: a preview from the April 15 edition
Shields Gazette
15/04/2021
4:04
Newcastle United 1-2 Fulham - Jordan Cronin reacts
NewcastleWorld
01/02/2025
2:21
Newcastle United 1-1 Manchester City - Jordan Cronin reacts
NewcastleWorld
28/09/2024
0:36
Jordan Cronin has a moment at Wembley - time stood still when Isak scored
NewcastleWorld
22/03/2025
11:03
Newcastle United in Japan - was it a success?
NewcastleWorld
05/08/2024
3:00
Newcastle reach Wembley following dominant display against Arsenal
National World - LocalTV
07/02/2025
4:48
Newcastle United half-time show with co-owners
Shields Gazette
22/05/2023
2:21
Nottingham Forest 2-3 Newcastle United - Jordan Cronin reaction
NewcastleWorld
10/02/2024
24:00
Geordie Journos at the Sela Weekender
National World - Broadcast Video
12/08/2024
0:15
The Geordie Journos are coming to Shots!
NewcastleWorld
02/07/2024
3:00
Newcastle progress in FA Cup against dogged Birmingham
National World - LocalTV
10/02/2025
8:20
Newcastle United 1-4 Bournemouth - Jordan Cronin & Liam Kennedy react
NewcastleWorld
18/01/2025
2:21
Newcastle United 4-4 Luton Town - Jordan Cronin reacts
NewcastleWorld
03/02/2024
5:22
Who is Newcastle United's 2024-25 Player of the Season?
NewcastleWorld
02/06/2025
0:22
Jordan Cronin on Sandro Tonali and Alexander Isak
NewcastleWorld
27/01/2025
3:00
Key signings Newcastle United should make
National World - LocalTV
07/05/2024