British business executive Amanda Staveley wants to buy a stake in Tottenham Hotspur and is stepping up a bid to buy into the North London club, according to the Sun.

Spurs are valued at around £2.4 billion, but the former Newcastle United co-owner, backed by serious money from the Middle East and wealthy individuals, is eyeing the acquisition of a 25 per cent stake, which would cost about £650 million.

Tottenham are majorly owned (86.58%) by ENIC Group – which belongs to the family trust of Joe Lewis – with chairman Daniel Levy and his family owning 29.88% of ENIC.

They may be open to selling some of their stakes as they are open to investment, which gives Staveley an advantage.

The 51-year-old helped the Saudi Arabia’s Public Investment Fund buy Newcastle in 2021, owning 10% of the club before leaving in July.

She also helped broker the sale of Manchester City in 2008 to Sheikh Mansour Bin Zayed Al Nahyan, through her firm PCP Capital Partners.

Staveley still has shares at Newcastle, but her holding there is under the 9.9% limit for having a stake in two Premier League clubs, which would not prevent her from completing a deal to acquire a quarter of Tottenham.

Spurs could do with such an experienced co-owner within their board, and her acquisition of an initial 25% stake could see her look to buy even more of the London club.

Staveley has already raised £500m through her investment fund PCP Capital Partners and would get much-needed funds from her connections going forward if need be.

She played a key role in helping Newcastle finish in the top-four in 2022-23 following her arrival, and Tottenham need such a driven individual if they are to win their first piece of silverware since 2008.

AS Monaco are also on her radar, but she prefers to invest in a Premier League club, and it remains to be seen whether Spurs are open to doing business with her.