Newcastle United director Amanda Staveley has explained why the Saudi Arabian Public Investment Fund chose not to purchase Inter or AC Milan, according to a report in the English media today.
As has been reported by The Telegraph in England, Amanda Staveley confirmed that the PIF are no0 longer looking at purchasing Inter, which backs up recent claims by Inter owners Suning who say the same thing.
Amanda Staveley also said that the structure of Serie A was a large reason as to why the Saudi Arabian investors steered clear of the league and invested in Newcastle United in the Premier League instead.
“We talked to Inter Milan, AC Milan, but the problem was the structure of the league was a mess. We looked briefly at Bordeaux. But we’re not looking at Inter [any more].”
Amanda Staveley was a central part of the deal to help PIF buy Newcastle United from it’s long term previous owner Mike Ashley.
She would also have been centrally involved in any talks that took place between Suning and PIF over the past year and a half.
