English winger Anthony Michael Gordon is considering moving in the summer for £10.2 million.

Newcastle United’s owners have invested over £400m so far, yet the club has been limited in fully capitalizing on their affluent support due to the Premier League’s profit and sustainability regulations.

Football finance expert Kieran Maguire has criticized the Premier League’s profit and sustainability regulations as “silly” and ineffective in achieving their intended goals. He argues that clubs like Newcastle United have been particularly disadvantaged by these rules, as they have remained unchanged since 2013 and do not reflect the changing dynamics of the football landscape, especially after takeovers. While Premier League clubs are allowed to incur losses of up to £105m over three years, Newcastle’s ability to compete financially is hampered by their slower revenue growth compared to established clubs, despite significant investment from their wealthy owners.

Despite having spent over £400m, Newcastle’s owners have pledged not to exploit any loopholes in the system. However, recent penalties imposed on clubs like Everton and Nottingham Forest for breaching these rules, along with charges against Leicester City, highlight the ongoing challenges posed by the Premier League’s profit and sustainability regulations.