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Friday briefing: Staveley: Saudis tried to buy Liverpool but didn’t think it offered value for money

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3 March 2023 - 4:30 AM

Newcastle United director Amanda Staveley has confirmed that she tried to buy Liverpool, but chose the north east club instead because it offered better value for money.

Staveley was part of a consortium that bought Newcastle for around £300 million in October 2021 in partnership with the Saudi Public Investment Fund (PIF) and the Reuben family.

“We didn’t go for the wonderful Chelsea, Tottenham or Liverpool,” she told the FT Business of Football Summit.
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