Tottenham Hotspurs investment opportunity suffers bizarre set-back amid ex-Newcastle owner links

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Spurs are hopeful of acquiring further investment opportunity as hunt for trophies continues

Tottenham Hotspur have been handed a bizarre update in their hope of acquiring further investment into the club after the company with which Amanda Staveley invested in Newcastle United went into voluntary liquidation.

On Monday, it was revealed that Redstart Leisure Limited had filed a special resolution to wind-up the company and a voluntary liquidator was to be appointed as the links between Staveley and a potential investment in Spurs continue to intensify.

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The news of the company’s liquidation comes just two weeks after it changed its name from Cantervale Limited to Redstart, and only three weeks on from another of Staveley’s companies - Apollo Belvedere Services LLP - was wound-up.

Newcastle United chairman Yasir Al-Rumayyan alongside former co-owners Amanda Staveley and Mehrdad GhodoussiNewcastle United chairman Yasir Al-Rumayyan alongside former co-owners Amanda Staveley and Mehrdad Ghodoussi
Newcastle United chairman Yasir Al-Rumayyan alongside former co-owners Amanda Staveley and Mehrdad Ghodoussi | Getty Images

The latter move came after a legal battle with Greek shipping mogul Victor Restis who won a court case over a £3.4 million bill he was owed after investing in the ex-Newcastle director’s business ventures.

The liquidation of Staveley’s latest company could signal the start of her and her husband Merhdad Ghoudoussi’s business interests as they are set to make a move in another football club, following their St James Park departures this summer.

Staveley, who had been instrumental in the 2021 Saudi Arabian Public Investment Fund takeover of Newcastle, said in an interview last month with The Athletic: “Very sadly, we have to move on to other projects and that might involve us taking a stake in another club or buying another club and that’s difficult. But it’s possible.”

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Since the Newcastle-exit, Staveley has been repeatedly linked with an investment move into Spurs with the links surfacing shortly after the current owner of the N17-based club Daniel Levy made it clear that the side is looking for investment.

Speaking at the fans’ forum, Levy said: “We announced with our last results that we believe this club needs a bigger capital base because we've got a lot of exciting projects on the horizon and we want to make further investment in the teams.

"Some form of minority investment is what we're looking for. We've got nothing to announce at the moment but we are in the market."

To strengthen the recent links between Staveley and the north London side, the ex-Magpies chief was most recently present in a VIP box on Sunday as the Tottenham Hotspur Stadium played host to the NFL London match-up between Jacksonville Jaguars and Chicago Bears, having previously been in the crowd for Spurs’ 3-1 win over Brentford last month.

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