
The Athletic FC Podcast
Can Newcastle spend now PSR issues are fixed?
Jul 2, 2024
David Ornstein and Chris Waugh analyze Newcastle United's frantic attempts to comply with PSR regulations while balancing the books. They discuss the challenges of selling players, negotiating deals, and the impact on the club's future transfer activities. The podcast also covers Manchester United's agreement with Newcastle for a new sporting director and the dynamic transfer dynamics in the Premier League.
37:20
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Compliance with PSR rules significantly impacts clubs' financial stability and summer transfer plans.
- The pressure to balance spending and revenue highlights the need for effective player sales and financial management.
Deep dives
Newcastle United's Struggle with PSR Compliance
Newcastle United faced immense challenges in complying with the Premier League's Profit and Sustainability Rules (PSR). The club experienced a stressful weekend with looming financial deficits amounting to 50-60 million pounds in their PSR calculation. Despite selling some players like Jancuba Minde and Elliott Anderson to alleviate the financial strain, the situation reflects a scramble and unsettling nature within the club. The fallout from this struggle negatively impacted Newcastle's summer plans and overall fan morale.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.