Newcastle fans may have to brace themselves for the departure of key players as the club looks to comply with Financial Fair Play regulations. The Toon Army has been warned that the summer sale of Bruno Guimaraes or Sven Botman could be necessary to create the financial "headroom" needed for squad improvement. This comes after Newcastle reported losses of £73.4 million for the 2022-23 season, despite a record revenue of £250 million.
Financial Struggles and FFP Compliance
Newcastle's chief executive, Darren Eales, recently presented the club's accounts for the previous financial year. The club's losses of £73.4 million, coupled with their significant spending on new players, have raised concerns about Financial Fair Play compliance. However, Toon chiefs remain confident that they will not breach Premier League FFP rules.
No Significant Transfers in January
Eddie Howe's side currently sits in ninth place in the Premier League, and their struggles on the pitch have translated into a limited spending budget for the January transfer window. Eales stated that January is not an ideal time for major squad changes, as clubs are less willing to part with quality players mid-season. The club is focusing on the return of injured players and planning for the long-term.
Possible Player Sales
To address their financial challenges, Newcastle may need to sell one of their star players. Bruno Guimaraes, Sven Botman, or Alexander Isak are potential options, with Guimaraes already attracting interest from PSG and Barcelona. Additionally, homegrown talent Sean Longstaff could be sold if the right offer comes in. Eales emphasized that trading players can create more financial headroom and allow the club to invest in other areas.
courtesy of thesun.co.uk
Newcastle fans will have to wait and see if their club can navigate the financial landscape and continue to compete in the ever-evolving Premier League.