Officially, the summer transfer window is over! For now, anyway. Due to FIFA regulations, English teams will not be able to conduct any more business until Monday, June 16, as the first of two trade deadlines has arrived.
When it comes to new, senior personnel, Newcastle United has not yet reached an agreement. Although that specific transaction has been in the works for a while, Antonio Cordero, an 18-year-old attacker from Malaga, has been confirmed as the club’s first summer acquisition.
The wait for dazzling new first-team arrivals continues as a result. That will annoy some Magpies supporters, but as Chronicle Live examines how the summer might play out, patience is needed.
Eddie Howe’s aim
Eddie Howe always talks about taking decisive action to give United the best chance of getting off to a solid start in the summer window. This current trading season is no exception, and Howe went public with a well-known statement just days before transfer transactions started to take shape.
At the close of the season, he told reporters, “Speed is key because we have to be dynamic, we have to be ready to conclude things very quickly, because good players don’t hang around for long.” “That’s always been my thought and my message on recruitment, because you can have a period when you think you have time – but then you look around quickly and you see that time has elapsed and you missed opportunities you won’t get again.”
Although many would argue that Howe’s wishes are being violated by not bringing in a senior signing before the end of the first transfer window, Newcastle always knew this summer would be difficult. With no significant PSR issues, the Magpies are once again acquiring elite players, who will not be cheap, as many other suitors are interested in their services.
It’s important to keep in mind that preseason preparations won’t begin until early July, so Newcastle’s senior players and backroom crew are still enjoying some well-earned rest. Prior to a trip to Asia at the end of the month, the northeast team will go to Celtic on July 19.
Before Howe goes over his squad possibilities in friendly matches, United will have about six weeks to wrap up any interesting transaction on their radar.
Key dates for the diary
Although the transfer will resume on Monday, June 30th is set aside as the next date to monitor. Since the implementation of the Profit and Sustainability Rules in recent seasons, that date has become important for most Premier League clubs. For 15 of the top flight teams, including Newcastle, that marks the end of the 2024–25 accounting period before the start of the new fiscal year in July. The approaching date of June 30th might be evaluated in two ways.
In order to avoid adding to the current accounting period, there is reason to suppose that many Premier League teams will choose to keep their powder dry until July. However, there is also the chance to potentially attack clubs that are in danger of failing to comply with PSR.
Clubs can lose up to £105 million over three years, and some will have to bring in much-needed money to keep the books balanced and stay out of trouble. In 2024, Newcastle had to deal with a similar situation when they had to transfer Elliot Anderson to Nottingham Forest and Yankuba Minteh to Brighton & Hove Albion, respectively, to stave off a possible Premier League punishment. This time, it appears that Aston Villa could face similar penalties. Because of this, Newcastle has been linked to a bid for Jacob Ramsey, a midfielder who would be considered a “pure profit” for the Midlands team if he were to depart.
History suggests?
The month has started off quietly so far, but how does that stack up against previous summer windows? Twelve months ago, Newcastle found it difficult to entice top players to Tyneside due of the aforementioned PSR issues. On June 13, Lloyd Kelly was the first name to enter on a free. Less than a month later, on July 2, fellow unemployed celebrity John Ruddy would follow.
One day earlier on July 1, Odysseas Vlachodimos, who was signed as part of the agreement to move Anderson to Nottingham Forest, had arrived. On August 8, the last newcomer to arrive was William Osula, Newcastle’s second-largest summer expenditure.
Given that the Magpies actually have money to spend at the time, the summer of 2023 might offer greater insight into the timing of Newcastle’s incoming negotiations. On July 1, Minteh officially left Danish team Odense, and on July 3, Sandro Tonali arrived a few days later. Days later, on July 23, Harvey Barnes made his debut for United during their preseason trip to the USA. Two weeks later, on August 8, Tino Livramento signed, and on August 22, Lewis Hall’s loan agreement was finalized. Despite Howe’s public appeal for speed in acquiring fresh talent, history indicates Newcastle will keep supporters waiting.
READ MORE: sportchannel.co.uk
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