Saudi Arabia’s Public Investment Fund backed a consortium that had an interest in Inter, Milan and Bordeaux.
, the consortium that took overNewcastle United
also eyed Serie A sidesInter
before focusing on the Premier League.
As well as Saudi Arabia's Public Investment Fund (PIF) and Jamie Reuben's RB Sports & Media, Staveley's PCP Capital Partners was part of the £305million takeover of Newcastle. The PIF is the richest football club owner after having an 80 percent stake in the Tyneside club.
St James’ Park is expected to have a transformation with that wealth, but investing at Newcastle was not always a given. Staveley was initially keen on making a deal with the former owner Mike Ashley four years ago. The PIF linked with Inter and Staveley revealed that the Nerazzurri, Milan and Bordeaux were all attracting its attention.
We talked to Inter Milan, AC [Milan], but the problem was the structure of the league was a mess,"
Staveley told reporters.
"We looked briefly at Bordeaux. But we're not looking at Inter [anymore]."
Staveley also talked about the arrival of new coach Eddie Howe, believing him to be a “perfect fit” notwithstanding their prior interest in Unai Emery, who chose to remain put at Villarreal.
We had to do a full search of the marketplace to find the perfect fit, and Eddie is the perfect fit,"
"We couldn't have imagined bringing in a better manager."
Howe was quizzed about being the second choice for the club but he seemed to have no problem with that.
Obviously my life is affected by those decisions,"
"They were out of my hands. I just let the process happen.
"I was reading stuff in the media to see where things were going to go. Naturally, I was delighted and so pleased when things turned to me.
"I was obviously desperate for the opportunity here. What will be, will be. If you can't control it, I don't see the point in expending energy towards it. Now I am here, I can put all my energy into it."
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