Newcastle to have summer spending power after £70m+ reveal

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Newcastle to have summer spending power after £70m+ reveal
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Newcastle United will have more capacity to spend money this summer as a big loss is set to drop out of their profit and sustainability calculations.the north-east giants will be able to increase their spending, but they can’t go crazy due to the financial restrictions surrounding Premier League clubs.

Under the PSR rules, Premier League clubs are only allowed to lose up to £105million over a rolling three-year period. But the last-ditch sales of Yankuba Minteh and Elliot Anderson to Brighton and Nottingham Forest as well asNewcastle have more spending capacity after PSR update “After having got through the PSR situation for 2023-24, Newcastle should have a bit more scope to do some business this summer,”Join the Football Insider WhatsApp channel to get all our exclusives and the breaking transfer news FIRST.“That means they will have quite a big loss dropping out of the equation, which is good for them. It might be quite busy.

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