Newcastle’s £30m moves set to free up “new wave” of funds for summer
There’s been an overwhelming feeling of frustration from the supporters regarding our lack of signings in the last three windows, but football finance expert Rob Wilson knows why we have been so frugal.
Finance expert explains Newcastle strategy
Speaking to the i, Wilson, a proffesor at the University Campus of Football Business, explained how Newcastle hope that selling fringe players like Lloyd Kelly and Miguel Almiron will allow us greater freedom to spend moving forwards.
There has previously been suggestions that someone like Alexander Isak or Bruno Guimaraes must be sold if we are to ever really progress as a football club, but our owners feel there is another way to combat our PSR issues.
Th i report that the sales of Almiron and Kelly this January have helped to raise our budget to around £100m from a PSR perspective, which will not only be crucial in helping us keep our best players, but also allow us to finally invest this summer.
Speaking on our strategy, Wilson said: “Newcastle’s strategy is to free up some PSR space so that they’ve got a bigger warchest by selling players who are fringe players and from that perspective it represents smart business.
