-9.3 C
New York
Monday, December 23, 2024

Newcastle to benefit from Premier League PSR change


Newcastle United manager Eddie Howe is seen ringside at the Kingdom Arena on November 16, 2024. (Photo by Richard Pelham/Getty Images)

Changes to the Premier League’s profit and sustainability rules could be ratified on Friday, and this presents an interesting opportunity for Newcastle.

It is understood the proposed changes following Man City’s successful challenge will be voted on by the other top-flight member clubs.

PIF and Newcastle could benefit from PSR changes

Newcastle had already been told that they might have to sell more players to stay on the right side of the FFP, and in order to help combat any changes that might occur to their detriment, the club made a study appointment.

In any case, there is an interesting aspect to any discussion about the rules if everything is ratified as expected.

Yasir Al-Rumayyan, Governor of the Public Investment Fund of Saudi Arabia
Yasir Al-Rumayyan, governor of the Saudi Arabian Public Investment Fund and chairman of Newcastle United smiles during the first day of the Alfred Dunhill Links Championship. (Photo by Warren Little/Getty Images)

“The reason this (rule change) is interesting is that what it might be worth to a potential sponsor might be greater than what it would be worth to other sponsors,” said the football finance expert, ​Kieran Maguire, al Football podcast price.

“We take the sponsors of Manchester City and Abu Dhabi and the sponsors of Newcastle United and Saudi Arabia.

How can Newcastle achieve a PSR increase of £75m? READ MORE

“It might be worth more to a sponsor based in Saudi Arabia to pay what could be seen as a premium fee because they believe they would get additional benefits in Saudi Arabia itself in terms of the local market, in terms of attracting buyers to its products. , which on a more global basis”.

Despite the obvious wealth of Newcastle’s owners, the Saudi Public Investment Fund (PIF), which your own website states is $925 billion, they have been unable to make endless investments in the Premier League club due to the existence of the PSR rules which were introduced directly after the company’s takeover of the Magpies .

Friday is therefore a big day for the club and other top-flight teams, and could immediately change the landscape of English football.



Source link

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -
- Advertisement -

Latest Articles

- Advertisement -
- Advertisement -