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Amanda Staveley has revealed that Steve Bruce ‘didn’t want to come to work’ after PIF, PCP and the Reuben family sealed a takeover at Newcastle United, discussing the early challenges they faced following the £300m buyout.
Speaking at today’s Bloomberg event in Jeddah, she highlighted the long list of issues new owners faced after purchasing the club back in October 2021.
Alongside issues with Bruce – who was replaced by Eddie Howe a month after the takeover – Staveley also discussed the lack of commercial revenue, the aging squad and the frustrated fanbase who needed investors to ‘inject some life’ back into the club.
“When you go in, you have all of the hype trying to acquire the club – it took us four years to do that” she said. “We know we are patient and persistent, but there needed to be dramatic change, because the club had been run in a very different format.
“We had very few commercial revenues, we had a team that was aging, a coach that basically didn’t even want to come to work, a fanbase that was very angry and we had to take this incredible club and inject it with some life.”
“We have incredible partners (PIF) and they work incredibly hard to make sure that we are all very focused on the business plan. You have to be.
“You have to make sure you make sensible decisions in terms of the transfer window, keep to your FFP constraints and try to do things that innovate and push outside the box, as that’s the only way we’re going to engage our fanbase and grow the club.
“We have an incredible coach. We have an incredible team. Bringing Eddie in and an executive team was really important. Everyone is very much involved in the day to day running of the club. It’s a very competitive market in terms of players and rules around that, so you have to be very focused.”
Asked if football clubs are now seen as ‘toys for rich people’ or ‘financial assets’ that can be monetised at the Bloomberg summit, Staveley…
Source link : https://www.nufcblog.co.uk/2024/03/07/amanda-staveley-steve-bruce-didnt-want-to-come-to-work/
Author : Olly Hawkins
Publish date : 2024-03-07 13:00:31
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