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Newcastle United football club co-owner Amanda Staveley lost a legal battle in the London High Court against Greek shipping tycoon Victor Restis over a historic debt of nearly 3.5 million pounds ($4.4 million). The court has ordered Staveley to pay £3.4m to Restis by April 22, failing which he can petition the court for a bankruptcy order against her. Staveley has expressed her intention to appeal the decision. This case has garnered significant attention, highlighting the financial disputes involving high-profile individuals in the sports and shipping industries.
Newcastle co-owner Amanda Staveley faces paying over £3m to a Greek shipping magnate after a High Court legal battle over a bankruptcy petition - with businesswoman's bid to throw out the case dismissed https://t.co/xb1eRReYJm https://t.co/WEB2SvTIxT
❌ Amanda Staveley fails to throw out £3.5m bankruptcy claim https://t.co/zya68U4qGq
Amanda Staveley faces paying Victor Restis, a shipping tycoon, £3.4m after losing a High Court battle today. She must pay the sum by April 22 - or he can petition the court for a bankruptcy order Staveley said she intends to appeal the decision #NUFC https://t.co/LkPtvDOJxR
