A record-breaking balance sheet has evoked optimism around St James’ Park. Darren Eales confirmed Newcastle United’s accounts for the 2023-24 campaign – which show a 28 per cent increase from the previous year.
This has fuelled promise among a fan base that has watched on – for three consecutive windows – while PSR governs their every move. Saudi-backed riches promised life-changing investment in October 2021 – at least that is what Newcastle supporters thought.
While the club’s fortunes have improved, in truth, financial restrictions mean PIF – worth over £700billion – are unable to empty their pockets to propel the Magpies to glory. But for the first time since the early post-takeover days, Newcastle are in a strong position to spend.
Shrewd business in January while keeping their powder dry should allow United wiggle room on the balance sheet. Those purse strings could be loosened further if Eddie Howe’s men qualify for Europe this season.
How might Newcastle line up next season? Take a look at our mock-up starting line-up based off current transfer rumours.
1. James Trafford
Year signed: N/A | Getty Images
2. RB – Tino Livramento
Year signed: 2023 | Getty Images
3. CB – Dean Huijsen
Year signed: N/A | Getty Images
4. CB – Sven Botman
Year signed: 2022 | Getty Images
5. LB – Lewis Hall
Year signed: 2023 | Getty Images
6. DM – Sandro Tonali
Year signed: 2023 | Getty Images
7. CM – Bruno Guimaraes
Year signed: 2022 | Getty Images
8. CM – Joelinton
Year signed: 2019 | Getty Images
9. RW – Bryan Mbeumo
Year signed: N/A | Getty Images
10. LW – Anthony Gordon
Year signed: 2023 | Getty Images
11. ST – Alexander Isak
Year signed: 2022 | Getty Images
