10 months ago
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Newcastle United could be forced into selling one of their star players after the club confirmed losses of £150m in their latest financial reports.
The Magpies have a squad packed with talent including the likes of Bruno Guimaraes and Alexander Isak.
Eddie Howe’s side finished fourth in the Premier League last term to qualify for the Champions League but it has been tricker for Newcastle this season who find themselves ninth in the top-flight table after 20 games.
Newcastle chief executive Darren Eales has now admitted that the club may have to sell some players to comply with profit and sustainability rules (PSR).
‘If we’re going to get to where we want to get to, at times it is necessary to trade your players,’ Eales said.
‘Whether that is because of the players’ contract length, the offer is too good to refuse, you need to reload in certain areas, all of this could make sense to trade.
‘In the world of PSR, everybody has their price. Look at Liverpool. They sold Philippe Coutinho to bring in Allison and Virgil van Dijk.
‘Jack Grealish went from Aston Villa and they have reinvested and reloaded, while West Ham made that decision on Declan Rice.
‘It’s just the nature of the beast. If you trade players on it creates more headroom to spend and you have to keep growing that headroom.’
Eales has also confirmed that that it will be ‘difficult’ for Newcastle to do much business in the current January transfer window.
‘January isn’t a great window for us to be doing business,’ he added. ‘That doesn’t mean we won’t do any business, as we saw with Anthony Gordon last year.
‘But it’s difficult to do any major surgery when you’re in the middle of the season and you are trying to bring quality in.
‘Clubs are less willing to lose those types of players in January. Summer is always better from a value and a planning perspective.’
MORE : Eddie Howe speaks out on Newcastle's January transfer plans
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