June 13, 2024

Newcastle United might approach their potential competitors for the Premier League title in an agreement that would be advantageous to all sides.

Newcastle United supporters certainly didn’t want to hear this month that “January isn’t a great window for us to be doing business,” but CEO Darren Eales isn’t in there to appease supporters.

Since the Saudi-backed purchase in 2021, Newcastle has benefited greatly from having ultra-wealthy owners, and their ascent from Champions League underdogs to contenders has been impressive. Eddie Howe has done a fantastic job enhancing the players already at St James’ Park, but it’s impossible to deny that he’s brought in talent valued at almost £400 million to help them advance.

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However, the cost growth has outpaced the club’s revenue, and their newly released records show that even though their revenues increased by £70 million to £250 million in 2022–2023, they still lost £73.4 million. Newcastle might potentially violate Financial Fair Play regulations if they combine that with their £70.7 million loss in 2021–2022.

Whether you like it or not, FFP is real and here to stay. Both Everton and Nottingham Forest have acknowledged breaking it; the Toffees have already lost 10 points. Both teams could lose more. Manager Julen Lopetegui was fired as a result of Wolves having to ditch in order to escape getting burned after they flew too close to the sun.

There is a claim that FFP shields the larger clubs from too ambitious investments, but as of right now, that claim is merely theoretical. As a result, it appears that Newcastle will be quiet this month, and the consequences of taking it cautiously are already apparent.

The Magpies have been forced to back out of a deal for long-term target Kalvin Phillips, despite the fact that they will be without both Joelinton and Sandro Tonali for the duration of the season. It’s no longer such a straightforward equation—they want him, City wants to get rid of him, and he wants the regular football that would come at St. James’ Park.

A £7 million loan fee and a £40 million buyout option are reportedly what City wants, which would be a small return on the £42 million they paid to acquire him from Leeds United in 2022. Newcastle has that money, but they are unable to spend it.

Speaking earlier this month, Eales expressed worry so great that he could not completely rule out selling one of the club’s high-earning stars. “Trading your players is sometimes necessary if we’re going to get to where we want to,” he stated. “Everyone has a price in the PSR world.”

As unpleasant as it may seem, Bruno Guimaraes would be the best choice if Newcastle wanted to raise as much money as possible by selling “crown jewels” like Sven Botman and Alexander Isak. Although City was rumored to be interested in the summer, Paris Saint-Germain has been linked this month.

On the first day of the season, Kevin De Bruyne suffered a catastrophic hamstring injury that left Pep Guardiola in need of midfield reinforcements. In the end, it was Matheus Nunes, but both Guimaraes and Eberechi Eze were under suspicion.

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