Newcastle United Can Continue Striking Sponsorship Deals in the Middle East, Says Finance Expert

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Newcastle United Can Continue Striking Sponsorship Deals in the Middle East, Says Finance Expert
Newcastle United,Sponsorship Deals,Middle East

Finance expert Kieran Maguire believes that Newcastle United can continue to strike sponsorship deals in the Middle East as long as they are considered fair value. This comes after the implementation of new Premier League sponsorship rules.

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Newcastle United can continue to strike sponsorship deals in the Middle East as long as they are deemed “fair value”. That is the view of finance expert Kieran Maguire, who spoke exclusively about the impact of new Premier League sponsorship rules on Newcastle. Newcastle United have struck several deals with companies in the Middle East since their Saudi Arabian takeover, including a £25million-per-season deal with Sela.

If clubs are charged with striking inflated deals there will be no fixed tariff of sanctions, with all penalties made available to an independent commission. Maguire believes the new rules will not stop Newcastle’s off-pitch strategy as all of their deals so far have been within fair value

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