Amanda Staveley's 6% Newcastle United stake purchased by PIF after boardroom reshuffle

Newcastle United co-owner Amanda Staveley is set to leave St James' Park after three years in the boardroom.

Staveley was informed by the Public Investment Fund about the changes today and it is believed that the Saudi-based backers will buy her 6% stake. The Reuben family will still hold a 14% stake at United and CEO Darren Eales will stay on in his original position.

United were asked for a reaction by Chronicle Live but a spokesperson said: "The club is not commenting." Tensions have been running high on Barrack Road after Newcastle failed to qualify for Europe last season and the club were forced into a fire sale to fend off a punishment for potentially breaching Premier League profit and sustainability regulations.

READ MORE: Newcastle United eye speedy transfer business with decisions awaited on senior stars

READ MORE: Worrying images of Anthony Gordon emerge after baffling England snub goes on

It remains to be seen whether Staveley comments on the matter with a non-disclosure agreement possible. It is understood that director Jamie Reuben's preference was for Staveley and her husband Mehrdad Ghodussi to remain on the board.

United have recently restructured their football department with sporting director Paul Mitchell replacing Ashworth. Newcastle settled a dispute with Man United for Ashworth's services after a bitter six month spat with the Red Devils.

After Staveley's resignation on Companies House documents, the Ripon financier had played down that she would be leaving the club. She said: "Just arrived back from Saudi and noticed a lot of messages from fans concerned that I had stepped down from my role as a Director of Newcastle United. I have not - the changes made last week were purely administrative, to non trading subsidiaries.

"After the takeover, Jamie and I stepped in as directors of all companies until we could build an executive team. We remain on the ‘top-co’ and the Board.

"I’d like to thank everyone for their incredible support over the last few years, and particularly for people taking the time to share their thoughts. We have the best fans in the world- and I am privileged and proud to be a part of your community."

Neither PIF or the Reuben family have offered comment at this stage.