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Newcastle could get official Miguel Almiron update very soon as PIF plan emerges

Newcastle United could theoretically get an update on the future of Miguel Almiron in the next 24 hours.

After a difficult 𒈔start to life at St James’ Park, Almiron has enjoyed some great periods of success under Eddie Howe.

However, the 3𝓰0-year-old attacker now seems to be surplus to requirements despite having two years left on his current deal.

Photo by Marc Atkins/Getty Images
Photo by Marc Atkins/Getty Images

With Newcastle having only just met the Premier League’s three-yea🐻r P🏅SR £105m allowable loss deadline last month, Almiron appears likely to be one of several poss๊ible PSR makeweights.

Saudi Arabia, the homeland of Newcastle owners the Public Investment Fund, has lꦫong bee൩n touted as an exit route for the Paraguayan.

He was the subject of a £25m bid from Al-Shabab last 🃏January but 🔥declined a move to the Gulf state.

But the latest dev🐟elopments in the Middle East could reo🎐pen that particular door very soon.

Saudi transfer window opens as Almiron linked with move

Contrary to some information, the transfer window in the Saudi Pro League 🔯opens not at the start of July but rather on the 17th.

Any pending deals will go through on the 18th of the month, although PIF are believed to have sanctioned a l🌺ess dramatic summer than in 2023, when nearly £700m was spend on the new signings.

Keith Downie reported earlier in the month via that an unnamed Saudi club were in talks with Almiron.

If still ongoing, those talks will likely accelerate now given that Pro League clubs can formally make🔥 a move.

It is not known whether the club in discussions with Almiron are PIF-owned, but the sovereign wealth fund controls most Saudi c𝕴lubs and exerts considerable influence over others.

That will raise Newcastle fans hopes that they can secure a PSR-busting✤ fee for their nuꦆmber 24, although any deal will be appraised by the Premier League’s fair market value committee.

TBR Analysis: How can PIF-owned clubs benefit Newcastle?

As mentioned, it looks as though𓄧 PIF would like to exercise more of a light-touch phil❀osophy in the country’s domestic league going forward.

A downturnಞ in the country’s economy means that they will not be going as hard in the transfer market as they previously have done.

What’s more, it was recently announced that six clubs in the first and second tiers of🍰 the Saudi pyramid owned by ☂PIF would shortly be privatised, with another eight to follow soon.

However, PIF still have the capacity to deploy their network of clubs to benefit Newcastle, 🐓whether that be commercially or in a spo🅰rting capacity.

Photo by Serena Taylor/Newcastle United via Getty Images
Photo by Serena Taylor/Newcastle United via Getty Images

Newcastle have already been on two winter trainiꦑng camps to the Gulf nation, where they have played friendlies against PIF-owned opposition.

And given that the multi-club model is in vogue ꦏat present, PIF could also look to create commercial or scouting synergies between Saudi clubs🎃 and the mothership in Newcastle.