Amanda Staveley has given a fresh interview to underline the difficulty of keeping her bid to buy Newcastle United under wraps.
Tuesday evening saw a report suggesting that Staveley and PCP Capital Partners were timewasting and a suggestion that Mike Ashley had walked away from talks with the Middle East group.
In a new interview if UAE publication The National , Staveley said: βIn football there seems to be no secrets, there is such intense interest in football and that is difficult to manage [during a transaction].β
Amanda Staveley (Image: PA)
Staveley also insists that PCP Capital Partners are able to pull of a big deal and are backed by wealthy investors, despite having a small team.
She added that PCP: βWill comfortably be able to invest US$1 billion into a deal if we need to, or more, and we also will invest throughout the capital structure.
βWe will do equity and we will do credit as well.
Mike Ashley (Image: PA)
βThat affords us some degree of balancing our risk as well.β
Staveleyβs husband and PCPβs leading partner Mehrdad Ghodoussi also talked up the groupβs links.
He said: βObviously we have strong relationships within the [Middle East] region, we have also built relationships in Asia, in China and also in the US.β
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Staveley was also asked about wealthy Premier League owners and said: βItβs my belief that big clubs should be owned by individuals with deep pockets or sovereigns, like Man City.
βWhat Abu Dhabi has done to support Manchester is an example of a responsible football owner. So the big clubs are in the safest hands.β
And on Ashleyβs reported Β£350m valuation of Newcastle , Staveley said: βThat is (his) right if he thinks it is worth Β£350m, heβs got a right to wait for the right price and thatβs okay [but] donβt scare off other potential bidders because there are so few potential parties that can buy it.β