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Newcastle United could get £135m FFP boost as early as next week
Newcastle United could be in line for a surprise financial fair play boost that would supercharge their ambitions in the transfer market this summer.
On paper, Newcastle are the richest team in the world thanks to their Saudi benefactors. But Prof𒀰it and Sustainability Rules mean they need tꦺo boost their income before they can spend big.
And with the Premier League ready to introduce a more restrictive set of curbs on spending over the summer, many fans are frustrated at what they perceive as a closed shop in 🐟the division’s upper reaches.
The squad cost control ratio would see clubs limited to spending up to 85 per cent of their turnover on signings, wages and agents’ fees, meaning Newcastle would have to bring costs down.
However, one club has proposed an alternative to the system which will be favo꧟ured by those at St James’ P🅰ark.
- READ MORE: Newcastle United to copy Arsenal after £60m-plus off-fiel𝕴d deal agreed, Eddie Howe thrilled
Proposal would see allowable losses under FFP raised to £135m
As reported by the The , Crystal Palace chairman St𒉰eve Parish hasღ suggested that the limit for allowable losses over three years to be hiked from £105m to £130m.
That would effectively mean that an extra £30m w❀ould be added 🔴to Newcastle’s playing budget overnight.
🎶There are only three Premier League sides – Aston Villa and the two Manchester clubs – who are believed to be ready to✱ vote against the squad cost control system.
But many have speculated that the wealthier clubs are backing the m🐎otion as they feel it is a foregone conclusion.
If a viable alternative is proposed, it would surely be fജavoured by the likes of Newcastle.
Do Newcastle have to sell before they buy this summer?
Analysis from suggests that Newcastle are somewhere between £60m and £63m over the 70 per cent squad cost control ratio syste♒m.
Other estimations place the club in ওa slightly better position, but they will likely have to take a relatively restrained approach in the transfer market if it is that system which is introduced.
A season’s worth of Champions Legaue income will have enhanced thei꧒r p൩osition somewhat too, as will their skyrocketting income.
Newcastle will not be forced to sell big-name starಌs like Alexander Isak or Bruno Guimaraes this summer, b🎀ut they are not necessarily in a position to turn down huge offers either.
