NEWCASTLE fans were told NOT to expect any “significant” transfers this month as Financial Fair Play kicks in.
And the Toon Army were also warned they may have to accept the summer sale of Bruno Guimaraes or Sven Botman to grow the cash “headroom” required for squad improvement.
Toon chief executive Darren Eales unveiled the club’s accounts for last term.
While Newcastle announced losses of £73.4million in 2022-23 despite revenues up £70m to a record £250m – after spending £153m on new players – Toon chiefs are confident they are not at risk of breaching Prem FFP rules.
The Magpies were £70.7m in the red for the 2021-22 financial year.
But despite Eddie Howe’s men dropping to ninth in the table, 11 points off a Champions League spot, and being evicted from Europe, Eales indicated the manager will not have a spending pot in the winter window.
Read more: https://www.thesun.co.uk/sport/25331755/newcastle-sell-star-ffp-rules-losses/
Meanwhile, Conor Gallagher looks to be staying put at Chelsea…for now at least.
We had previously reported that Tottenham were keen on the Blues midfielder, but any potential move in January looks to be off.
But after Poch held talks with the England man, he has made it clear he wants to keep him until at least summer when it will take around £50m to prise him away.
Spurs have been the busiest team in the opening days of the January window, bringing in Timo Werner on loan and striking a deal to sign Genoa defender Radu Dragusin for £30million after he snubbed Bayern Munich.
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