Finance Guru: Newcastle are about to agree ‘settlement’ after breach revealed

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Newcastle are expected to receive a fine if they are found to have breached the governing body’s rules, with Chelsea and Aston Villa both handed financial penalties last summer. 💰 Newcastle Finance Update 💰 Inside the PIF transfer budget, player wages, commercial growth, PSR updates and boardroom developments at St James’ Park. VISIT THE NEWCASTLE FINANCE HUB MORE FOOTBALL INSIDER STORIES Why Newcastle stadium sale is excluded from Uefa assessmentIt has been revealed Newcastle would have breached the profit and sustainability rules (PSR) had they not sold St James’ Park, with the club recording a £34.7m pre-tax profit last season.

Financial MetricValueRevenue£335mPre-tax profit£35mWages£243mNewcastle’s accounts for last seasonSpeaking exclusively to Football Insider, Borson discussed what the sale of St James’ Park means for Newcastle. “Loads of clubs have done it now, so why shouldn’t they?” said Borson.

“They will already, by the time we get to next June, if they’re in Uefa competition for next season, they will already have to comply with the settlement regime because that’s what they’re about to agree with them right now, so it doesn’t make that much difference.” How close were Newcastle to breaching PSR rules?Borson questioned whether Newcastle could have sold a player rather than St James’ Park to help them comply with the PSR rules. “But could they have found a player to sell?