Saudi-led consortium will invest in all areas of Newcastle United FC: Staveley

Amanda Staveley, CEO of PCP Capital Partners, said the Saudi-led consortium will invest in the grassroots of the club. (Reuters)
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Updated 08 October 2021
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Saudi-led consortium will invest in all areas of Newcastle United FC: Staveley

  • Saudi Public Investment Fund, the British financier’s senior partner in the $408.6 million deal, now owns 80 percent of Newcastle
  • ‘We are incredibly keen to invest in the grassroots of this club,’ Staveley says in the first interview following the 18-month takeover

DUBAI: Amanda Staveley, the British financier who is a member of the Saudi-led consortium that has taken control of Newcastle United Football Club, told Arab News of plans to invest “in all areas” of the club after the 18-month takeover concluded.

“I know that managers and new players and all those exciting things are so important and are at the top of everybody’s agenda at the moment,” Staveley said in her first media interview after the deal was announced.

“Today is not the day to talk about new managers and new players, but what I would say is that we are incredibly keen to invest in the grassroots of this club. It is at the heart of the local community, and we will work with the fans and the community to find out what is best for them and for Newcastle United.”

Staveley, in her role as CEO of PCP Capital Partners, which now owns 10 percent of Newcastle, also spoke of the Saudi Public Investment Fund, her senior partner in the takeover with an 80 percent holding.

“PIF is an autonomous, commercially driven investment fund and I think that it is a great partnership between a great investor and a great club,” she said. “We will finally be able to invest in the club, in its infrastructure and players.”

She was speaking after a whirlwind couple of days during which the logjam surrounding the consortium bid for Newcastle was suddenly brushed aside after resistance from the Premier League, the English football authority, evaporated.

“The logjam was over control, and those issues have been resolved. We would like to thank the Premier League for all of its hard work over the last few months getting us here today, and that is essentially what broke the logjam.”

Staveley first approached Newcastle owner Mike Ashley with a proposal to acquire the club in 2017, but various approaches were resisted until the PIF got involved in late 2019.

“It has taken us four years to get here and we need to just go in and do a full review, both on the football side and the commercial side, and we will come back and make those investment decisions over the near term,” she said.

In addition to around GBP300m ($408.6 million) to purchase Ashley’s shares, the Saudi-led consortium is also committed to spending $340.5 million on the football club and other related facilities in the northeast of England.

“Most important for me is the academy, and to get investment to all areas of the club, from all sides,” Staveley said.


Qualifier Maria completes fairytale run to Queen’s title

Updated 7 sec ago
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Qualifier Maria completes fairytale run to Queen’s title

  • The 37-year-old’s victory secured the fourth singles title of her career

LONDON: Tatjana Maria completed her fairytale run at Queen’s Club as the German qualifier beat American Amanda Anisimova 6-3, 6-4 in Sunday’s final to become the oldest winner of a WTA 500 event.
The 37-year-old’s victory secured the fourth singles title of her career, and her first since 2023 on the clay in Bogota.
World number 86 Maria is the first German to win a WTA 500 title since Angelique Kerber in 2018 in Sydney.
In the first women’s tournament at Queen’s since 1973, Maria is the event’s first female champion since Russia’s Olga Morozova 52 years ago.
When Morozova won in west London, the prize money was just £1,000 ($1,353).
Maria banked a cheque for £120,000 and more importantly earned a huge confidence boost ahead of Wimbledon, which starts on June 30.
The mother of two arrived at Queen’s on a nine-match losing streak and had to survive two rounds of qualifying matches to reach the main draw.
Deploying her slice-heavy style to devastating effect, she stunned sixth seed Karolina Muchova, fourth seed Elena Rybakina and reigning Australian Open champion Madison Keys en route to the final.
Maria, who has taken two maternity breaks from the WTA Tour, has never been past the second round of any Grand Slam except Wimbledon, where she reached the semifinals in 2022.
But once again she proved a formidable force on grass, brushing aside Anisimova to secure her second title on the surface as her husband and young daughters Charlotte and Cecilia watched from courtside.
“A dream come true. I came here I was never thinking I could hold the trophy at the end,” Maria said.
“When we arrived my little girl said: ‘Wow that’s a nice trophy, so big’ and I said: ‘OK let’s go for it, I will try to win it’. And in the end I’ve won it, it’s incredible.
“Everything is possible if you believe in it. You go your way, doesn’t matter which it is but you have to keep going. I want to show this to my kids and hopefully they are proud. It’s amazing.”
Asked if she planned to celebrate with her family, Maria said: “For sure. This doesn’t happen every week so we have to celebrate with something.
“I think the kids will probably want some crepes with Nutella!“
Anisimova has struggled to live up to her early success after reaching the French Open semifinals aged 17 in 2019.
She took an eight-month break from tennis and dropped out of the top 400 after suffering with depression bought on by the scrutiny and expectations that came with being a teen prodigy.
The 23-year-old returned last year and won the Qatar Open this February, reaching a career-high 15th in the rankings before underlining her renaissance by defeating Olympic champion Zheng Qinwen to reach her first grass-court final.
However, Maria was too savvy on grass for Anisimova, who said: “It’s incredible to see Tatjana playing at this level. To have her family here, it’s super special.
“I wouldn’t be surprised if we see her in the Wimbledon final. She really had me running out there today.”


Merciless Bayern hit 10 against amateurs Auckland City at Club World Cup

Updated 14 min 34 sec ago
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Merciless Bayern hit 10 against amateurs Auckland City at Club World Cup

CINCINNATI: Bayern Munich showed no mercy to amateurs Auckland City at the Club World Cup on Sunday, beating the minnows from New Zealand 10-0 in their opening game as Jamal Musiala came off the bench to score a second-half hat-trick.
Kingsley Coman, Michael Olize and Thomas Mueller all netted twice, while Sacha Boey was also on target for the German champions in the game in Group C, which also features Boca Juniors and Benfica.
Harry Kane started but didn’t find the target before being replaced just after the hour mark by Musiala, who netted his three goals in the space of 18 minutes toward the end.
It was a stroll in the park in the midday sun in Cincinnati for Vincent Kompany’s side, with France winger Coman scoring twice in the opening 21 minutes either side of goals by compatriots Boey and Olize.
Coman’s sixth-minute breakthrough goal was the first of the tournament following the 0-0 draw between Inter Miami and Al Ahly in Saturday’s opening game.
Mueller got the fifth and Olize’s second of the afternoon made it 6-0 in first-half stoppage time for the Bundesliga heavyweights.
Auckland City managed to stem the tide for much of the second half before Musiala came on and took center stage, his three goals including one from the penalty spot.
Mueller made it 10-0 in the 89th minute for a Bayern side who won the Club World Cup twice in its former seven-team guise, in 2013 and 2020.
They have recorded bigger victories in the past in the German Cup, but the 10-goal winning margin equals their best ever win in the Bundesliga, when they beat Borussia Dortmund 11-1 in 1971.
Bayern, who gave new signing Jonathan Tah a debut in central defense following his recent arrival from Bayer Leverkusen, play Boca in their next match in Miami on Friday.
Auckland City take on Benfica earlier the same day in Orlando.

Saudi Arabia complete final preparations ahead of Gold Cup opener against Haiti

Updated 49 min 26 sec ago
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Saudi Arabia complete final preparations ahead of Gold Cup opener against Haiti

  • Saudi Arabia have been drawn in Group D of the regional tournament, where they will face the United States, Trinidad and Tobago, and Monday’s opponents Haiti

SAN DIEGO: Saudi Arabia’s national team have wrapped up their preparations ahead of their opening match against Haiti in the 2025 CONCACAF Gold Cup on Monday.

Herve Renard’s side held their final training session on Sunday at the Performance Center in San Diego, ahead of Monday’s Group D clash at Snapdragon Stadium.

The session began with warm-up drills before moving into possession-based training and a half-pitch practice match. Players concluded with stretching exercises.

Midfielder Muhannad Al-Saad was absent from group training due to muscle discomfort in his thigh, team officials confirmed.

Saudi Arabia have been drawn in Group D of the regional tournament, where they will face the United States, Trinidad and Tobago, and Monday’s opponents Haiti.


Lionel Messi’s Inter Miami and Egypt’s Al Ahly battle to scoreless draw in Club World Cup opener

Updated 15 June 2025
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Lionel Messi’s Inter Miami and Egypt’s Al Ahly battle to scoreless draw in Club World Cup opener

MIAMI GARDENS, Florida: Lionel Messi was denied on a long shot in extra time and Inter Miami and Egypt’s Al Ahly settled for a scoreless draw in the opening game of the Club World Cup on Saturday night.
Argentina’s eight-time Ballon d’Or winner kicked a long, curling shot from the right side that was tipped by diving goalkeeper Mohamed Elshenawy and brushed off the crossbar in the 96th minute front of a crowd of more than 60,000 at Hard Rock Stadium. Messi also shaved the post with a free kick in the 60th minute in the second half.
Miami had its own good fortune, surviving a first half onslaught by 12-time African champion Al Ahly, with goalkeeper Oscar Ustari saving a penalty from Trezeguet just before the break.

Key moment

Miami had to rely on veteran Argentine goalkeeper Ustari to keep the game level in the first half, with the 38-year-old pulling off a number of saves as Al Ahly dominated the chances. He produced a crucial double save just before halftime — blocking Trezeguet’s 43rd-minute penalty and then getting up quickly to deny the forward again on the rebound.

Takeaways
A draw leaves both teams with a battle to advance from Group A with tougher tests likely to come against Brazilian giant Palmeiras and Porto from Portugal. The top two advance to the round of 16.
Miami can be encouraged by its performance in the second half after being dominated in the first half. Inter Miami had the better chances after the break, with Messi’s free kick and curling long shot both hitting the woodwork.

What they said
“It was a good party for football. It’s a new competition and the chance to play teams we don’t play normally in our league, so it can be very good for us. You can prove what we can do.” – Javier Mascherano, Inter Miami coach.
“I’m disappointed with the result. We could have taken all three points. We respect Inter Miami and their big-name players, but we could’ve finished the game in the first half by scoring three or four goals.” — Wessam Abou Ali, Ah Ahly forward.
 


Seven Saudi-based foreign players to feature in 2025 CONCACAF Gold Cup

Qadsiah’s Mexican forward #33 Julian Quinones celebrates with Qadsiah’s Gabonese forward #10 Pierre-Emerick Aubameyang in Riyadh
Updated 14 June 2025
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Seven Saudi-based foreign players to feature in 2025 CONCACAF Gold Cup

  • Five of the selected players featured in the latest season of the Saudi Pro League, while the remaining two played in the First Division

RIYADH: Seven Saudi-based foreign professional footballers have been called up to represent their national teams in the 2025 CONCACAF Gold Cup, which will take place in the US and Canada from June 14 to July 6.

Five of the selected players featured in the latest season of the Saudi Pro League, while the remaining two played in the First Division, highlighting the growing global impact of football in the Kingdom.

Among the standout names is Julian Quinones, the prolific striker for Al-Qadsiah, who earned a spot on Mexico’s national team roster. Quinones had an impressive season, finishing as the fourth highest scorer in the top flight with 20 goals.

Panama included Orlando Mosquera, the dependable goalkeeper from Al-Fayha, who helped his team secure a 13th-place finish in the league.

The Jamaican squad features two Saudi-based players: Demarai Gray, the winger for Al-Ettifaq, and Damion Lowe, the defender from Al-Okhdood.

Curacao’s team includes relegated Al-Wehda midfielder Juninho Bacuna, and Jurien Gaari, the defender from Al-Hazem, who secured promotion to the SPL.

Finally, Honduras will be represented by Romell Quioto, the striker for Al-Arabi, who finished the season 12th in the second tier’s standings.