Amanda Staveley's firm 'earned £5m' from sale of Premier League club

Amanda Staveley, embroiled in a £1.6billion battle with Barclays, has told a High Court judge how her firm earned about £5million after becoming involved in the sale of Manchester City 12 years ago.

Amanda Staveley arrives at the High Court.
Amanda Staveley arrives at the High Court.

Staveley yesterday told Mr Justice Waksman that she had acted for then-City owner Thaksin Shinawatra, who sold the club to a group of Abu Dhabi investors.

She said her firm, PCP Capital Partners, had been “looking at” Liverpool before becoming involved with the club. Staveley – who has brokered a £300million deal for Newcastle United – is giving evidence at a High Court trial in London.

PCP has sued Barclays and wants £1.6billion damages.

Ms Staveley says PCP was not treated fairly and is owed money for work it did setting up a Middle East investment deal with the bank during the 2008 global financial crisis. She has told the judge that she was lied to and misled. Barclays disputes PCP’s claim.