In a video posted on the club's social networks, Darren Fales, Newcastle's general manager, announces the upcoming trend. The Toons will have to sell in the coming months to remain within the Premier League's financial fair play rules.
The fun is over in Newcastle . After the large checks signed here and there since the arrival of the Saudi public investment fund (the PIF), the time has come to tighten our belts. The club announced in recent days that it had suffered a loss of £150 million, or €175 million! The Toons don't really have any other choice if they want to stay within the framework of financial fair play and not be sanctioned. We must sell to absorb these colossal losses. The money recovered will partly allow investments in new elements, and thus perpetuate the club to keep it at the top of the Premier League ; its major objective.
Obviously, we think of the players with the highest market values, and first of all Bruno Guimarães , whose release clause of €115 million is accessible to the biggest European and Saudi wallets. PSG is very interested but the sum is substantial and the Magpies do not really intend to part with it in the middle of the season . If this file is on standby for the moment, Sean Longstaff , Sven Botman , Alexander Isak , Joelinton and even the young Lewis Miley (17 years old) could easily leave for at least €50 million, or even more depending on the market.
Darren Fales: “Sometimes it is necessary to transfer some of your players”
But this time, it's not just rumors. It is the general manager himself who speaks about it during a video interview broadcast by the club. Darren Eales confirms the rumors of the moment and the obligation to sell “bankable” assets. “It is difficult to comment specifically on certain players, but I can say that if we want to get where we want to get, it is sometimes necessary to transfer some of your players ,” reveals the manager. All the decisions we make will always be in the medium and long term interest of the club.
He further details as if to better prepare his supporters for the difficulties to come during the next two transfer windows in particular (the two transfer windows affected by the accounting year). “Whether it is because of the length of the player's contract, if the offer is too good to refuse, the squad must be renewed in certain areas. It might make sense to part ways with a player. This is part of the system inherent to the PSR (the financial fair play of the PL). There is an incentive to transfer players if you want to reinvest.” Statements which almost put an end to a possible arrival of Kalvin Phillips and above all raise fears of a drain of talent.