Newcastle United have been on the cusp of compliance with the Premier League’s Profit and Sustainability rules but could have received a penalty.
Premier League clubs have been struggling all season long to achieve compliance with the PSR ahead of their June 30 deadline, and the same was the case with the Magpies as they looked to make sales before the deadline.
They luckily made the sales of Yankubah Minteh and Elliot Anderson ahead of the deadline and could have been hit with a deduction if not for those sales.
As per Daily Mail’s Craig Hope, Newcastle were ready to make the fire sale of winger Anthony Gordon, if the sales of Minteh and Anderson could not have been acted upon before the deadline.
The Magpies feared a potential 10-point penalty for next season if they breached the PSR regulations for this term.
Since the passing of the June 30 deadline, Newcastle have already begun confirming their summer signings for next season as they announced deals to sign Odysseas Vlachodimos from Nottingham Forest, Lewis Hall from Chelsea and goalkeeper John Ruddy as a free agent.
Read more: Why Banned Pogba Will Attend France Vs Belgium At Euro 2024
The Saudi Arabian Public Investment Fund-owned club will now be free to make purchases freely as they will look to improve on their average previous season with Eddie Howe looking to beef up the squad.
CHIVIDO2024: Music Star, Davido Weds Longtime Love In Lagos | News Roundup