Newcastle to blow Everton out the water with £80m PSR reveal as business deal done

Newcastle to blow Everton out the water with £80m PSR reveal as business deal done

Newcastle United is ready to surpass Everton, another PSR-threatened team, in a crucial area.

Before the monitoring period concludes on June 30th, both teams are working feverishly to stay under the Profit and Sustainability loss cap set by the Premier League,

which sits at £105 million over a rolling three-year period.

One option that both have looked into is quasi-swap agreements, in which players are traded for about equal value in separate transactions, thereby improving both clubs’ books—at least temporarily.
Yankuba Minteh of Newcastle was expected to join Everton through this route,while Dominic Calvert-Lewin was expected to go to St. James’ Park in return.

Although Everton’s refusal to drop their £40 million asking price for Calvert-Lewin caused the deal to collapse,it does highlight how keen both parties are to comply with PSR.

But as of right now, that is about all the two teams have in common;

Everton’s athletic accomplishments pale in comparison to Newcastle’s recent on-field triumphs.

Under US billionaire Dan Friedkin, who is anticipated to take control the team after holding confidential talks with Farhad Moshiri, Everton is looking to turn the corner.

However, the most recent data reveals that, at the moment, the two sides are diametrically opposed on one important statistic.

Newcastle is going to shatter Everton’s sales record. Newcastle hopes that one day,

their sophisticated business model will enable them to access the limitless resources of the Saudi Public Investment Fund.

Everton, on the other hand, has always been among the Premier League’s top commercial earners outside of the so-called Big Six, despite recent declines in that standing.

This is mostly because wealthy businessmanK left the club due to UK sanctions against Russia, which compelled him to sever his business ties with it.

While maintaining a record for a non-Big Six club,

commercial revenue dropped from £79 million in 2020 to a reasonably high £39 million last term.

 

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