Yahoo News Staveley and Reuben 'resignations' explained as Newcastle United push on with exciting plans
Newcastle United co-owners Amanda Staveley and Jamie Reuben are still understood to be "active" in the boardroom at St James' Park.
Despite the emergence of documents from Companies House that the pair have "resigned", it is believed that the papers are simply deemed as "housekeeping" and following company practice. The documents do not mean that Reuben or Staveley will be stepping down from their positions.
And we have been told that the changes do not reflect any alteration to the club's board of directors. The papers also state that Darren Eales has been appointed as a director but he is set to continue in his role as CEO.
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The confusion comes from the fact that Newcastle United Football Club Limited is a dormant company and on the papers covering Newcastle United Football Company Limited, Staveley and Reuben remain active. Staveley has also resigned from a host of other Newcastle United companies, it comes after seeing her initial 10 percent shareholding in the club diluted to six percent earlier this year following a cash injection by fellow investors.
Among the other clubs Staveley has resigned from according to Companies House files are, Newcastle united Group Limited, Newcastle United Television Limited, St James' Park Limited, Newcastle United Promotions Limited and NUFC Limited.
Staveley said about reviving Newcastle earlier this year: "There needed to be dramatic change because the club had been run in a very different format.
"We had few commercial revenues, we had a team that was aging, a fan base that was angry. We had to inject it with life."
And Staveley, Reuben and Saudi Arabia's PIF will continue to do exactly that in the months to come. An exciting transfer plan at St James' Park is due to be carried out and the club are aiming for Europe with a couple of global tours to Australia and beyond to come.
