Newcastle Chief Admits Club May Be Forced To Sell Huge Stars To Balance The Books
Written By Albert Echatah
Newcastle United revealed losses of £150 million in their most recent financial reports, which may compel the team to sell one of its best players.
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The Magpies boast a talented roster that includes players like Alexander Isak and Bruno Guimaraes.
It has been harder for Eddie Howe’s team this season, as they are currently ninth in the top flight table after 20 games. Last season, the team finished fourth in the Premier League to earn a spot in the Champions League.
Newcastle’s chief executive Darren Eales has now acknowledged that in order for the team to adhere to profit and sustainability regulations, it could need to sell a few players (PSR).
‘If we’re going to get to where we want to get to, at times it is necessary to trade your players,’ Eales said.
‘Whether that is because of the players’ contract length, the offer is too good to refuse, you need to reload in certain areas, all of this could make sense to trade.
‘Everybody has their price. Look at Liverpool. They sold Coutinho to bring in Allison and Van Dijk. It’s just the nature of football. If you sell players it creates more headroom to spend and you have to keep growing that headroom.’
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Meanwhile…
Jadon Sancho has joined Borussia Dortmund on loan from Manchester United for the remainder of the 2023–24 campaign.
Two and a half years have passed since the England international permanently switched to the Red Devils, who paid £73 million for his services in the summer of 2021.
“Manchester United forward Jadon Sancho has rejoined former club Borussia Dortmund on loan until the end of the season,” the Red Devils said in a statement. “The England international of 23 caps leaves with our best wishes for the remainder of this season.”
(metro.co)
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