(Credit: Imago)
(Credit: Imago)

Stefan Borson: Newcastle well placed to agree deals after Alexander Isak reveal

James Murray

James holds a degree in Sports Journalism and Communications (MA) from the Real Madrid Graduate School. He has experience working for a number of local news outlets as well as the Sunday Mirror and Real Madrid TV. James is from Scunthorpe and has an affinity with Scunthorpe United, but is also a huge West Ham supporter and an expert on all things to do with the Hammers. He started working for Breaking Media in July 2023, initially writing on the Club Sites, where he specialised in West Ham content, before moving to Football Insider – where he is now an expert in football finance, speaking regularly with Stefan Borson and Keith Wyness to generate high-quality content in all things related to finance in the Premier League, Football League, and Scottish Premiership.

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Newcastle United are considering their plans for the January transfer window following their mixed start to the season. 

Eddie Howe’s side currently sit 13th in the Premier League after their 3-1 defeat against West Ham, but they are eighth in the league phase of the Champions League. 

Newcastle have been close to breaching the profit and sustainability (PSR) rules in recent years, with Premier League clubs only permitted to lose £105million over a rolling three-year period. 

However, Newcastle spent close to £250m in the summer transfer window, having signed Nick Woltemade, Anthony Elanga, Yoane Wissa, Jacob Ramsey and Malick Thiaw on permanent deals, while Aaron Ramsdale joined on loan. 

Wissa is yet to make his Newcastle debut after being sidelined through injury, raising questions around whether the club will look to strengthen again in January. 

Nick Woltemade in action for Newcastle.
Nick Woltemade has been in fine form since joining Newcastle (Credit: Imago)

Newcastle PSR update emerges after Alexander Isak deal

Former Man City financial adviser Stefan Borson exclusively told Football Insider Newcastle have “loads of PSR capacity” after selling Alexander Isak

Isak completed his £125m move to Liverpool before the transfer window closed on 1 September. 

Speaking exclusively to Football Insider, Borson said: “They have got loads of PSR capacity now. They made a fortune on Isak, so they have got a lot of capacity if they want to do it. 

“I think if you look at how late the deal happened and, of course, they bought Wissa and Woltemade, but I suspect they'll buy in January, especially because of what's going on on the field.” 

Eddie Howe clapping
Eddie Howe's side have faced a challenging start to the season (Credit: Imago)

Newcastle beat Tottenham 2-0 in the Carabao Cup last week to book their place in the quarter-finals of the competition, with Fabian Schar and Woltemade grabbing the goals. 

Howe’s side will face Fulham for a place in the semi-finals of the competition at St James’ Park as they look to retain the trophy. 

Newcastle to agree new signings after Champions League latest

Borson believes Newcastle’s progress in the Carabao Cup and Champions League will lead to them spending in January. 

“They're going to be close enough in the Champions League to make it worth the investment in January,” said Borson.

“They have a very good chance in the Carabao Cup, and you're going to need players to win the Carabao Cup because of the way that the games fall. I think the final is late March, and you've got a two-legged semi-final in January and February. 

“The point I'm making is that if you've got any intent on running Champions League, Carabao Cup and FA Cup and actually making sure that they don't finish too low in the league. 

Eddie Howe at Newcastle United
Eddie Howe is likely to strengthen his Newcastle side in January (Credit: Imago)

“I think the league is difficult for them this season just because they've got other things that they're focused on and it's really competitive. With all of those games, I think they'll buy.” 

Newcastle’s next fixture sees them take on Athletic Bilbao on Wednesday (5 November) at St James’ Park. 

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