Newcastle United find themselves in an interesting position at the end of the January transfer window. It was another month where PSR dominated the headlines with the Magpies intent on putting themselves in a strong financial position ahead of the summer transfer window.
It’s always difficult to to do business in the winter months, given clubs are reluctant to sell players in the midst of a campaign and the timeframe to do so, is also just one month. The Toon saw Miguel Almiron and Lloyd Kelly leave the club, without any new faces coming in through the door.
Newcastle are keen to avoid a repeat of last summer, whereby they were forced to sell promising young talents Yankuba Minteh and Elliot Anderson in order to pass PSR deadlines. However, this summer looks set to be an entirely different one.
Sandro Tonali is the last real major signing the Toon made that impacted the first-team set-up, and even then, they had to do without him for a large part of last season as a result of his gambling ban. Supporters are finally getting to see the Italian international at his bets, with hope of signings of a similar calibre at the end of the campaign.
Qualification for European football would be another major boost from a financial perspective – Champions League football the pick of the bunch. That being said, a recent report from CIES Football Observatory, shows just how strong a position the Magpies are in ahead of an exciting summer window.
In a study of the 100 most active clubs on the transfer market as of February 4th 2025, Newcastle have the healthiest net spend of any Premier League club, having generated a reported €54million (£45m) from player trading across the second semester in 2024 and the first semester in 2025.
The Magpies recorded €96million (£80m) in total receipts while investments total €43million (£35.8), with volume total standing at €138million (£114.9m). The figures in the study ‘include any add-ons regardless of their effective payment or receipt, as well as fees earned from sell-ons. Loans with a non-conditional obligation to buy have also been considered.’
Though there are plenty of other financial factors to consider when it comes to FFP and PSR, the report highlights the fact Newcastle have been selling off assets in order to strengthen their position.
(Image: Newcastle United via Getty Image)
Speaking after the departure of Kelly in the January transfer window the Magpies boss stressed that point. Howe said: “I don’t think it was necessarily my decision to let him leave, I think it was very reluctant from our side because Lloyd’s a player that had just recently signed and we believed in him and his qualities.
“Slightly frustrating for him that he hadn’t played more, but in part really due to the form of the other players around him.
“But I think we’re in the world, and we have been this window of trying to manage PSR and trying to make decisions that benefit us in the long-term, and this is one of those decisions.”
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View news Source: https://www.chroniclelive.co.uk/sport/football/transfer-news/newcastle-uniteds-45million-transfer-truth-30982979
