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Staveley announces Newcastle multi-club network plans

Newcastle United co-owner Amanda Staveley is a fan of the multi-club ownership model.

The Magpies are owned by the Saudi royal family's Public Investment Fund at present.

Staveley, who is part of the ownership group, believes they will look to add more teams into the fold in the future.

"We very much are," Staveley said at the Bloomberg Power Players' summit.

"Multi-club is part of football. It's a real benefit to be able to have players and train players that aren't part of your squad.

"The UEFA rules are changing so we have to see what emerges. The dynamics around whether we could have a club has changed dramatically over the last year.

"I'm still a very big fan of the multi-club model. A lot of other competitors and friends in the Premier League have multi-club relationships, but it has to be considered as a whole.

"We have looked at Belgium, we have looked at a lot of European markets. We have looked in Asia, Australia, Brazil - pretty much everywhere. We have look at every market to see and getting players through our academy system and through that multi-club model would be very helpful in terms of allowing us to buy and have players part of our journey earlier on."

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Ansser Sadiq

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