Middle Eastern financier Amanda Staveley reportedly made a £300m bid for Newcastle United

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Middle Eastern financier Amanda Staveley reportedly made a £300m bid for Newcastle United

Amanda Staveley

Shaun Botterill/Getty Images

Amanda Staveley, attending a UEFA Champions League football match in 2008.

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A British multi-millionaire financier has reportedly made a £300 million ($397 million) bid for Premier League team Newcastle United.

PCP Capital Partners, a wealth management firm run by powerful Middle Eastern financier Amanda Staveley, has made a formal bid to buy the football team, according to a new report from Sky News.

There have been rumours and speculation about a possible bid from Staveley since October, when she attended a match between Newcastle and Liverpool (it ended in a draw, 1-1), and then allegedly spoke to officials for the team after the match.

The £300 million is reportedly a mix of Staveley's own funds and other investors, and it's not clear if there are other "credible" bidders, Sky News reported.

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Newcastle United is currently owned by Mike Ashley, billionaire founder of Sports Direct. He bought the club for around £135 million ($179 million) and also gave it interest-free loans, making his total investment around £260 million ($344 million), according to Chronicle Live.

Staveley has a net worth of £110 million ($146 million), according to the Sunday Times richlist, while her firm PCP's clientele includes Middle Eastern royalty and businessmen. She's also the ex-girlfriend of Prince Andrew, and a former model.

She has previously bid - twice - for Liverpool, and helped Sheikh Mansour with his 2008 takeover of Manchester City.