Former Newcastle United co-owner Amanda Staveley has urged Premier League clubs to “build bridges” and find common ground following the landmark verdict involving Manchester City.
City were recently found guilty of breaching 114 Premier League financial regulations after losing their high-profile legal battle with the competition. The club lodged an appeal on Friday, but if that challenge is unsuccessful, they could face one of the most severe punishments ever handed out in English football.
The potential consequences have been the subject of intense speculation during the international break, with possible sanctions ranging from a significant points deduction and financial penalties to the unprecedented prospect of expulsion from the Premier League.
Newcastle, like every other top-flight club, will be closely monitoring developments as the fallout from the ruling continues.
Staveley, who played a key role in helping broker Manchester City’s takeover in 2008, has now offered her thoughts on the complicated situation. Speaking at a Leaders event in London, she acknowledged the difficulty facing those responsible for deciding City’s punishment while encouraging clubs to work together rather than deepen divisions.
“We have such an exciting league,” Staveley said. “Football in Europe is potentially the most watched sport in the world and we should really nurture this asset.
“We should look after our fans and do everything possible to find a solution to the issues that exist today.
“I hope somebody with probably more negotiating abilities can come in and resolve the situation. I think it will eventually get resolved.
“The Premier League has had a very difficult challenge. But you also have to put yourself in the position of the executives.
“You have 20 clubs and half of them are demanding one thing, while the other half want something completely different. As an executive, you’re constantly being pulled in different directions and facing the threat of legal action from one club or another.
“At the same time, these clubs are supposed to be co-owners of the same league, so trying to navigate that situation is incredibly difficult.
“There is already so much pressure on football at the moment. I think we should concentrate on the future, make sure we get things right and try to build bridges with our neighbours.”
“Breaking news” Amanda Staveley breaks silence on Man City verdict with Newcastle United watching closely
