Stefan Borson drops ‘£75m’ Newcastle transfer claim
Newcastle United are firmly in the race for a return to the Champions League after missing out on European football for this campaign.
The Tyneside club boosted their chances of qualifying for the competition with a 4-3 victory over Nottingham Forest on Sunday (23 February).
The north-east giants now sit fifth in the Premier League table, with a top-five finish likely to be enough to secure Champions League qualification for next season.
Newcastle have struggled to comply with the profit and sustainability rules (PSR) in recent years, having been forced to sell Yankuba Minteh and Elliot Anderson last summer to balance the books.
Eddie Howe’s side failed to make any new signings in the January transfer window due to their PSR concerns.
Finance expert Stefan Borson exclusively told Football Insider Newcastle’s transfer budget this summer would likely be between £50-75million if they fail to secure Champions League football.
They last qualified for the competition in the 2022-23 campaign but were eliminated in the group stages last season.
Newcastle are close on PSR after January transfer drought
Borson suggested Newcastle are unlikely to need to sell their star players if they miss out on the Champions League after Alexander Isak and Bruno Guimaraes have both been linked with exits.
He told Football Insider: “I think if you look at how cautious they have been in terms of PSR, they didn’t do any deals at all in the January window.
“That hints that they must be quite close on PSR again, but it also hints that they are not taking any chances.
“I think what they are trying to do is set themselves up such that they are not completely dependent on qualifying for the Champions League, so if for whatever reason they don’t make it, it’s not completely catastrophic in terms of having to sell players again.
“My reading of it would be they will be completely fine if they don’t qualify for the Champions League. But on the current structure without Champions League football, they will not be able to aggressively compete further up the league.
“They probably don’t need to sell, but they probably won’t be able to buy aggressively. I’m not saying they won’t be able to do anything, they will probably be able to do £50-75million of investment.
“When you break that down as to what the impact of that is on the profit and loss, you pretty much divide it by five and then add on the wages, so they will be able to do something.”
| Financial Year | Newcastle Revenue |
| 2022-23 | £250m |
| 2021-22 | £180m |
| 2020-21 | £140m |
| 2019-20 | £152m |
| 2018-19 | £176m |
Newcastle could challenge top Premier League clubs after stadium update
Newcastle’s board are understood to be on the verge of recommending the construction of a new £1.2billion stadium to their Saudi owners after considering plans for St James’ Park.
Borson previously told Football Insider Howe’s side could challenge the top Premier League clubs financially if they were to build a new facility.
Football Insider revealed on 8 January Newcastle will report a club-record revenue beyond £300million for 2023-24 after posting £250million the previous year.
That remains significantly lower than Manchester City’s figures after they reported an English record revenue of £715million last season.
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