Former Newcastle co-owner Amanda Staveley is reportedly eyeing up a potential investment in another Premier League club.

Staveley admitted that she was 'devastated' but 'didn't want to get in Newcastle's way' after she and husband Mehrdad Ghodoussi sold their six per cent stake in the Magpies to the Saudi Arabian Public Investment Fund (PIF) and the Reuben family in July after three years at the helm.

The pair had initially helped broker the landmark £305million Saudi-backed takeover of Newcastle back in 2021, which ended Mike Ashley's unpopular 14-year reign at the club.

According to sources from The Sun, the British business executive, 51, now wants to buy a stake in Tottenham and is being backed by 'serious money from a funding team of individuals, which includes some from the Middle East'.

Staveley has now reportedly set up a 'fresh' consortium of investors and 'hopes to take an initial stake in Spurs'.

Forbes state that Spurs are currently valued at around £2.42billion ($3.2bn). Should Staveley wish to purchase a 25 per cent stake in the club it would cost approximately £605m. The 51-year-old has reportedly already raised £500m through her investment fund PCP Capital Partners.

The outlet adds that the investors will subsequently look to increase their stake in the north London outfit.

Tottenham were purchased by ENIC Group (English National Investment Company), in 2001, with Joe Lewis's family trust becoming the club's new majority owners.

In 2023, Lewis was removed as 'a person with significant control of the club' following a 'reorganisation of the Lewis Family Trust'. It came after Lewis had been charged with 19 counts of insider trading, claims which he pleaded guilty to in a US Court earlier this year.

Lewis had previously entrusted Tottenham chairman Daniel Levy with the daily operations of the club, who holds a 29.88 per cent stake in ENIC, along with other members of his family.

In April, Levy confirmed that Spurs were looking for new investors, with Mail Sport having previously revealed that the chairman was open to selling a stake in the club.

Levy, who took home a £3million bonus during the 2022-23 season, had insisted he would 'do what is right for the club' when looking for potential investors.

The 61-year-old told Bloomberg in 2023: 'I've got no real interest to leave Tottenham, but I have a duty to consider anything that anyone may want to propose. It's not about me, it's about what's right for the club.'

Mail Sport understands that Qatar Sports Investments, who own Paris Saint-Germain had been interested in buying a stake in the club. American investors had also been circling.

Staveley, meanwhile, also helped set up the £210m sale of Manchester City in 2008 to Sheikh Mansour and oversaw a period and also played a key role in the £7.3bn investment in Barclays bank by the Qatari Sovereign Wealth Fund and families from Abu Dhabi that same year.

In an interview with The Athletic last month, Staveley hinted that she and her husband were interested in future projects in football.

'Mehrdad and I are keen to be hands-on,' she said. 'We’re hard-working people, I love to be very busy and to engage and I love football. 

'Very sadly, we have to move on to other projects and that might involve us taking a stake in another club or buying another club and that’s difficult. But it’s possible.'