Former Newcastle director leads consortium investing in West Ham | OneFootball

Former Newcastle United co-owner Amanda Staveley is leading a consortium that have agreed to buy a 25.1% stake in West Ham United.

The 25.1% share will be bought from the Gold family. Vanessa Gold, daughter of former West Ham chairman David Gold, has agreed to sell the family’s stake in the club.

Staveley previously helped lead the Saudi takeover of Newcastle in 2021. She held a 10% stake in the Magpies, before selling her shares and leaving her role as director in 2024.

An official statement from the club reads: “West Ham United can confirm it is aware of the announcement from Joint-Chair Vanessa Gold that she has reached a provisional agreement to sell her shares to a consortium of PCP Capital Partners, led by Amanda Staveley and Mehrdad Ghodoussi, in partnership with Ashland Forest Capital Partners.

“The proposed transaction will now be subject to a pre-emption rights process. This provides all existing shareholders with the opportunity to acquire their proportional percentage of shares in round one, and any remaining shares in round two. This process will take approximately two months and, until it is completed, nothing will change regarding the ownership structure of the Club.

“West Ham United would like to assure supporters that the day-to-day running of the football club is in no way affected by this situation. Preparations for the new season continue to take shape with diligence and focus, and we thank all fans for their continued loyal backing at this time.

“The Club will be making no further comment while the pre-emption process runs its course.”