Kieran Maguire

Tue 4 June 2024 10:25, UK

Newcastle United will side with Aston Villa and vote for new PSR changes this summer despite not competing in Europe in 2024-25.

That is the view of finance expert Kieran Maguire, who exclusively told Football Insider that PiF will want to increase the allowable losses under PSR so they can compete with clubs at the top of the table.

Premier League sides are set to vote this summer on whether to increase the allowable losses under Profit and Sustainability Rules.

As it stands, clubs can lose a maximum of £105million over a rolling three-year period.

Aston Villa have proposed a direct increase of the limit to £135million, while Crystal Palace have proposed that the loss limit should increase for clubs in Europe only in line with Uefa’s highest coefficient payment.

Newcastle narrowly missed out on European football for 2024-25 but Maguire still believes the Tyneside club will vote in favour of PSR changes to help their long-term plans.

Newcastle United to vote for PSR increase this summer

“There has been a transformation in terms of the investment and spending at Newcastle since their PiF takeover,” Maguire told Football Insider’s Sean Fisher.

“I do think they’re one of the clubs that see the PSR limit as a target because they do have a significant financial disadvantage compared to clubs who have consistently qualified for the Champions League.

“That is now a closed shop and Newcastle cannot compete with that.

“Newcastle did fantastically well to qualify for the Champions League last season, of course, and they will have the benefits of that.

“So I think they will welcome the PSR rules similar to Aston Villa, but they would still have to comply with Uefa rules which will be the bigger challenge.“

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