Staveley critical of Premier League 'transparency'
- Published
Alistair Magowan, BBC Sport
Amanda Staveley, whose firm PCP Capital Partners tried to buy Newcastle United for £300m last summer, has accused the Premier League of a “closely guarded lack of transparency” over its handling of the club’s takeover.
PCP Capital is still interested in acquiring the Magpies, after walking away from a deal in July 2020.
An arbitration hearing is set to take place this month, which Newcastle have said should be held in public.
In an open letter to Tracey Crouch MP, who is leading a fan-led review of football after the collapse of the European Super League, Staveley wrote: "The use of arbitration to resolve disputes within football raises an effective shield against public scrutiny.
"One might justifiably ask why that model is so favoured by those responsible for regulating the sport if they have nothing to hide."
The Premier League has declined to comment.