Eddie Howe: Is Newcastle manager’s departure the beginning of the end of the Saudi dream?


So what are the rules? Newcastle Have you ever been close to breaking?

Profitability and Sustainability Rules (PSR) have been on the brakes since PIF came under control NewcastleSpending wishes.

Just because a club has rich owners doesn’t mean they can spend big in transfer windows.

After buying the club in 2021, PIF spent £404.7m in the first three years. But bringing in just £50.4m from sales, Newcastle In the year In 2024 he saw the true reality of PSR.

That led them to sell local talent Elliott Anderson. Nottingham Forest And it’s snowballed ever since, with important players being loaded every season.

The Magpies have welcomed the new Financial Fair Play rules – the Squad Cost Ratio (SCR)Those who are at work now – and in short, the more you generate, the more you can spend.

But when analyzed in terms of the financial strength of other Premier League clubs, The Swiss Rumble, External The Magpies’ SCR budget ranks ninth in the Premier League (£243m).

In addition, in April PF He spent several billion dollars endorsing LIV Golf. After Yasir al-Rumayan – the governor and chairman of the fund Newcastle – The PIF confirmed that it is reviewing the deal and its investments.

In response, questions have been raised about what it means for the future. Newcastle – But senior club officials were told at the time that the resignation would not affect the club. It’s the fund. He is still seen as engaged.

In the club’s latest set of accounts for last season, NewcastleRevenue more than doubled to £335.3m from the £140.2m recorded in Mike Ashley’s last campaign under ownership.

There are also plans for a new standard training ground, with Hopkins expressing interest in moving stadiums to improve St James’ Park or increase matchday revenue.

The potential appointment of Jasle, the former RB Salzburg boss, is of particular interest as he was in charge of Saudi Arabian club Al-Ahli, which PIF held a majority stake in until his sale in April.



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