Newcastle expect ‘busy week’ in the transfer market with PSR deadline looming

  • 📰 i newspaper
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 89%

Business News News

Business Business Latest News,Business Business Headlines

Newcastle need to sell players to comply with Profitability and Sustainability Rules - so who could be heading out the door this week?

So what is happening in the transfer market and why?

“If we assume those two players are academy players, one team books a profit of £8m and the other books £10m. The nature of the transfer market is that Star A is worth however much Club B are prepared to pay for him. Seebecause it’s not accurate enough. So I’m not sure the authorities would be able to act even if they felt there was anything to investigate.”For PSR purposes it is not the size of the transfer fee that clubs bank that matters, it is the profit they make on a deal.

“There’s no such thing as a definitive definition of profit and there are so many loop holes that it makes a profit-based system almost impossible to work.”to expect a “busy week” for a clutch of clubs sailing close to the PSR wind. “I think you’ll see some deals you might not have expected,” he said.has been told that Newcastle prospect Minteh is “talking to many clubs” – and the list includes Everton, Borussia Dortmind and Lyon.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines