Newcastle are in a bit of a tense situation. Not on a sporting level, since the Magpies are comfortably installed in the mid-table of the Premier League. But financially, it’s complicated. Owned by the PIF, the Saudi sovereign fund, the club is not at risk of bankruptcy, far from it. On the other hand, it is with English financial fair play that the team from the north of England must juggle. The fault is a loss of 175 million euros which forces Newcastle to generate income very quickly to stay in the lead.
“It is difficult to comment specifically on certain players, but I can say that if we want to get to where we want to get, sometimes it is necessary to transfer some of your players. All the decisions we make will always be in the medium and long term interest of the club”revealed the club’s general manager Darren Eales at the start of January, confirming that there would be departures.
A scam?
And as indicated by various media, such as The Guardian Or Sky Sports, a very profitable first departure could occur quickly. It is Miguel Almiron, who should be sold for around 35 million euros, and who would partly plug the holes in the accounts. A sale that gets people talking, firstly because he is a major player in the eyes of Eddie Howe, but above all because he is going to be sold to Al-Shabab, a… Saudi club. Coincidence that the solution comes from Saudi Arabia, the country which controls Newcastle? In England, many are skeptical and point the finger at a scam by the club’s Saudi owners, especially since according to Sky Sportsthe player is happy at Newcastle and particularly comfortable in England…
“The idea of Newcastle potentially circumventing Financial Fair Play limits to a Saudi club could attract the attention of other Premier League clubs, but there are no rules that would prohibit that”can we read in the Guardian. On social networks, many supporters of English clubs are already crying scandal. “This potential transfer of Almirón to Saudi Arabia stinks, Saudi-owned Newcastle under pressure with financial fair play that could sell Almirón to the Saudis for an overvalued amount”for example wrote a Liverpool fan on(formerly Twitter), demanding sanctions from the Premier League. To be continued…