Newcastle United could spend £200m on new players without breaking FFP rules

Newcastle United’s new owners can spend as much as £200m in the January transfer window without worrying about breaking financial fair play rules.

This is because the Magpies have maintained a net profit of £38m over the last 3 years under Mike Ashley.

Newcastle did not exceed losses of £105m over the last 3 seasons, which is the maximum amount Premier League sides are allowed to lose over that period.

So adding the two amounts along with £50m into Newcastle’s academy and community schemes (exempt from FFP) gives them over £190m to use in January.

The Magpies are almost guaranteed to spend big on new signings in the winter transfer window, while manager Steve Bruce is reportedly likely to be replaced soon.