Jamie Reuben has quit his role as director with Queens Park Rangers.
The 33-year-old financier was expected to take up a role on the board at Newcastle United as part of the Middle East consortium involving Amanda Staveley and Saudi Arabia’s Public Investment Fund.
However, the group walked away from the deal after the Premier League did not approve or reject their approach during the owner’s and director’s test.
Reuben would have to walk away from his role at QPR to be involved at Newcastle to avoid any conflict of interest. Reuben has yet to comment on the reason why he left QPR.
He said in July: “We feel great compassion for the Newcastle United fans with whom we shared a great commitment to help Newcastle United harness its tremendous potential and build upon its impressive and historic legacy while working closely with the local community.“
The news of his resignation came as a surprise to those close to him this afternoon and the reasons are yet to emerge why.
