Amanda Staveley played a huge role in Newcastle United’s takeover nearly 12 months ago.
The British business executive led a Saudi-backed consortium in their efforts to take over the Magpies from former owner Mike Ashley last year.
Now heavily involved with the day-to-day running of the club, The Times are reporting that Staveley and PIF have agreed to a new deal that would see her take on an ‘advisory’ role.
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The aim is for her to continue overseeing the running (and future success) of the club, as opposed to taking a step back, which was originally speculated.