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Newcastle United co-owners Amanda Staveley and Mehrdad Ghodoussi were likely not in a position to continually put up their share of the equity after it’s emerged they will leave the club.Newcastle are going to require a “huge” amount of investment from their owners over the coming years before they can be self-sufficient.
The husband and wife have been instrumental in the day-to-day running of Newcastle since the takeover was complated, but their share has been reduced to six per cent after PIF and the Reuben family have upped their stakes in the club.Newcastle owners need to invest after substantial losses “Newcastle are substantially a loss-making club on an operating level and that will continue for the foreseeable future.“I suspect Staveley and her husband were not in a position to continually put up their share of the equity required every time there is a funds raise.
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