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has insisted Profit and Sustainability Rules must be “re-thought completely” after the comments of Newcastle United boss Eddie Howe., the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – claimed the promotion of selling young talent “is a shame, and it’s wrong”.
He insisted PSR rules are the “biggest obstacle” preventing the Magpies from progressing in the Premier League. Elliot Anderson and Yankuba Minteh were sold before the 30 June deadline for accounts to be submitted for the 2023-24 campaign. Those deals follow a trend in the English top-flight this summer which has seen a greater number of young stars sold by their boyhood clubs.Join the Football Insider WhatsApp channel to get all our exclusives and the breaking transfer news FIRST.
“These are players coming all the way through the academy, and then the need comes to balance the books and they have to be sold rather than blooded into the first-team.“I think PSR needs to be re-thought completely. There are fundamental issues which are completely wrong with it.
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