Kim Kardashian West close pal working with Saudis & Amanda Staveley on Newcastle United takeover – report

A close friend of reality TV star Kim Kardashian West is reportedly part of negotiations for the potential Saudi Arabian takeover of Newcastle United.

Friday, 7th February 2020, 2:22 pm

According to Bloomberg, entrepreneur Carla DiBello, a socialite friend of Kardashian West, is working “alongside British financier Amanda Staveley” as part of talks for Crown Prince Mohammed bin Salman’s Public Investment Fund-led takeover of the St James's Park outfit.

DiBello is said to be “advising” on the deal, due to her connections in the business world both in the USA and the Middle East.

The report states: “Saudi Arabia’s sovereign wealth fund is working with a socialite friend of Kim Kardashian West to secure its latest deal.

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“Carla DiBello is advising on the Public Investment Fund’s proposed acquisition of Premier League soccer team Newcastle United, people with knowledge of the matter said.”

It continued: “She may also keep an ongoing advisory role if the Newcastle United acquisition goes through, one of the people said.”

The report claims the deal under consideration values Newcastle at £340million, but it is unclear whether owner Mike Ashley will accept.

It also offers insight into the motives of the potential buyers, claiming: “PIF, led by Governor Yasir Al-Rumayyan, is a key part of Crown Prince Mohammed bin Salman’s efforts to diversify the Saudi economy away from its dependence on oil.”

BEVERLY HILLS, CA - APRIL 28: (L-R) Recording artists Ashlee Simpson, Evan Ross, producer Carla DiBello and TV personality Kim Kardashian attend the Los Angeles launch of "Naomi" at Taschen Beverly Hills on April 28, 2016 in Beverly Hills, California. (Photo by Charley Gallay/Getty Images for Taschen)

The 35-year-old, also a style columnist for Harper's Bazaar Arabia, owns a consulting firm called CDB Advisory, which claims to specialise on deals in the Middle East and North America.

DiBello, a frequent visitors to Saudi Arabia, has been close friends with Kardashian West for years. She was a guest at her friend’s 2014 wedding to rapper Kanye West.

DiBello’s social media is awash with her exploits in the Middle East, with her Instagram account showing pictures with the Crown Prince last year.

Newcastle United fan interest has been piqued by DiBello's Twitter account 'likes’. On January 25 this year she liked a post from a Newcastle United fan making a joke about the wealth of the Saudi Royal family. She has liked just four tweets in her time on the platform.