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Newcastle United will view the new Premier League financial rules as an opportunity to increase their transfer budget thanks to their growing revenue.that Newcastle’s recent deals with Adidas, Sela and Noon will help to boost their revenue figures.
Premier League clubs voted to introduce new financial regulations this month that mirror the rules in place under Uefa. Club spending on wages, transfer fees and agent fees will be capped at 85 percent of their overall revenue – Uefa caps spending at 70 percent meaning clubs competing in Europe must reduce spending further.in their latest 2022-23 accounts and commercial deals with Adidas, Sela and Noon will help the Tyneside outfit to continue their financial growth.Maguire explained that Newcastle will view the new regulations as the “least worst” option available to them.
Join the Football Insider WhatsApp channel to get all our exclusives and the breaking transfer news FIRST.Newcastle have signed deals with Adidas, Sela, Noon and also enhanced the club’s position in terms of commercial partners in the Middle East area.They’re fully aware that for every extra £100 that they generate they can add an extra £70 into their spending pot – or £85 if they’re not in Uefa competition.
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