Newcastle United: Club would be ‘crazy’ to sell Alexander Isak
According to CEO Darren Eales, Newcastle will feel “crazy” after a sharp reduction in losses in the 2023-24 account.
Newcastle announced a loss of £11.1 million in its 2023-24 account, compared with a loss of £71.8 million last season.
The improved figures received 28% of revenue to £320 million, which largely depends on their participation in the Champions League last season, while earning £70 million in profits from player sales.
Newcastle The accounting deadline is June 30, 2024.
This helps balance transfer spending in summer 2023 Of the £38 million from Harvey Barnes and others, Sandro Tonali from AC Milan for £55 million, Tino Livramento from Southampton, initially £32 million, Lewis Hall of Chelsea for £28 million.
Elias said Newcastle’s actions to reduce losses mean they are not under pressure to sell any precious assets, including ISAK.
“They are all long-term contracts. We don’t have all the players going forward. We’re not under the gun or anything like that.”
“As you know, we have ambitious ownership and want to provide the best ownership for the club. So from this perspective, it would be crazy considering it.”
Isak scored 19 goals in the Premier League this season, with links with several clubs across England and Europe during the January transfer window.
“He (ISAK) has many years left (Newcastle contract), so, like all of these things, we’re going to have a discussion, like we did with Joelinton, Bruno (Guimamaraes) or Anthony Gordon, and we’re going to get closer to that in the summer,” Eales added.
“As a club, we are working hard to get into the top table. We want the best players here.
“I think it shows that they’ve been talking about his worth. We don’t want to move on.”
Xipies said the improved numbers ensure that the club complies with the Premier League’s profit and sustainability (PSR) rules.
“We are committed to sustainable success and we have started in 2025,” Elis said.
“Our progress has been supported by hard work on the court and on the court. Everyone involved with the club, returning to the Champions League for the first time in over 20 years, is very memorable and has seen a significant economic uptick as we grow.”
