Staveley sets sights on initial stake in Tottenham Hotspur

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Staveley has secured financial backing from the Middle East as she gears up to negotiate with Tottenham for a potential minority stake in the club, according to sources.

Former Newcastle United managing director Amanda Staveley is ready to buy into Tottenham.AdvertisementAdvertisement

It's been suggested Staveley's initial purchase will be used to buy further into the club.

A bid for a 25 per cent stake in Spurs has been mooted to the tune of £650m.

Staveley still has a 9.9 per cent stake in Newcastle, which is below the threshold of preventing individuals from having stakes in multiple Premier League clubs.