Newcastle United co-owner Amanda Staveley says she's confident the club's majority shareholders PIF won't have their heads turned by the for sale signs at Manchester United and Liverpool.
Speaking at the Finacial Times Football Summit, Staveley said her consortium chose Newcastle due to the fact the price was less than 10 times what Man Utd and Liverpool are for sale at.
Fresh from Newcastle's Carabao Cup Final defeat to Man Utd, Staveley, who has a 10 per cent stake at St James' Park, said: "When we looked at Newcastle, we were very clear we wanted a club with a passionate fanbase. We got that. We also wanted a club we could buy affordably because we (Staveley and husband Mehrdad Ghoudoussi) are also partners with PIF.
"We are not that wealthy. We're the poor partner and that helps govern a lot of decisions.
"We didn't go for the wonderful Tottenham and Chelsea and Liverpool. I'm a massive Liverpool fan and we tried to buy them but we walked into a Newcastle game and said 'why spend X billion when you can spend £350m (on Newcastle)?'"
But when asked if PIF would switch their interest to one of the global powerhouses due to their availability, she added: "No, I don't think so. I can't speak for PIF but I really can't see that happening. We've built in the last year from 11th to hoping we have a chance of the Champions League."
