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Newcastle United owners admit ‘uncertainty over recoverability’ of Amanda Staveley debt

Newcastle United owners admit ‘uncertainty over recoverability’ of Amanda Staveley debt

The Newcastle United owners and Amanda Staveley parted company just under two years ago.

Paid to help run the club, Amanda Staveley officially ceased to be a director on 12 July 2024.

An interesting snippet has now come to light in the 2024/25 Newcastle United accounts, which have just been made public at Companies House.

The Newcastle United owners revealing (see below) in the accounts (for the financial year up to 30 June 2025) that loans totalling £1,481,000 were repaid to the club by Amanda Staveley in December 2024.

However, they also say that a debt of £625,000 from an Amanda Staveley controlled company is still outstanding. That company is Cantervale Limited and in the 2024/25 accounts the Newcastle United owners state that: ‘Whilst the group continues to seek recovery of the amount owed, due to the age of the debt and uncertainty over its recoverability a provision for the full amount has been made at 30 June 2025 (30 June 2025 : £nil).’

Amanda Staveley was the sole director of Cantervale Limited when it was dissolved via voluntary strike-off on 28 April 2026.

‘Newcastle United Limited

Financial statements for the year ending 30 June 2025

Notes to the financial statements

‘The group is owed £625,000 (30 June 2024 : £625,000) from Cantervale Limited, a company controlled by A L Staveley, a director until 12 July 2024. The balance is included in Note 15 within ‘Other debtors’. Whilst the group continues to seek recovery of the amount owed, due to the age of the debt and uncertainty over its recoverability a provision for the full amount has been made at 30 June 2025 (30 June 2025 : £nil)

‘In previous years, loans totalling £1,481,000 were made to A L Staveley, a director until 12 July 2024. This loan was repaid in full to NUFCCL in December 2024.’


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