The £67m Newcastle United boost which proves Paul Mitchell’s Liverpool plan is on track
Newcastle United have sold some exciting talent in the last 18 months
If Newcastle United’s board had £1 for every time someone has said they needed to become better sellers in recent years, they’d have staved off PSR concerns a long time ago. The Magpies’ own sporting director even said as much when reflecting on a hectic summer transfer window that saw limited arrivals and some panic selling in late June.
“Even this year if you look what Liverpool did, I don’t think they lost a big one [player], but they did sell Fabio Carvalho at £25million and they did do the centre-back [Van den Berg] at £25m, that’s still £50million and then you can fund a big one yourself,” Mitchell told reporters. “So there has to be a more balanced approach, there has to be a more balanced model and there definitely has to be a more strategic approach here that we haven’t had the last two and a half years.”
The forced departures of Yankuba Minteh and Elliot Anderson last summer did not scream ‘strategic’ at the time but have ultimately helped unlock a brighter financial future for Newcastle. That is evident with the release of the club’s 2023/24 accounts, with the Magpies reporting a turnover increase of £70m [£250.3m to £320.3m].
