Newcastle United made a profit from the loan of midfielder Joe Willock to Juventus during the January transfer window. The club faced financial restrictions due to Premier League profit and sustainability rules. Despite not making any new signings, the Willock deal generated a significant sum for Newcastle. The club is also considering plans for a new stadium to boost its finances.
Newcastle United had a quiet January transfer window after failing to add any new signings to their squad.
Kelly’s deal includes an obligation-to-buy clause in the summer, taking the overall cost of the deal to around £20million.Kelly only made seven starts in his 14 appearances for the north-east giants after joining the club on a free transfer from Bournemouth last summer.“I think £15million is banked and then £5million if he does well or they win things.
“For Newcastle, it’s a great one because they will have maybe £3million on the books for the costs of the free transfer, agent fees and signing on fees.Newcastle could challenge top Premier League clubs after new stadium update
Newcastle United Transfer Window Joe Willock Juventus Financial Rules
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