As the FFP/PSR reality surfaced, Newcastle United’s £20 million custodian deal was confirmed.
To relieve pressure on FFP/PSR, Newcastle United sold Elliot Anderson to Nottingham Forest.
According to sources, Newcastle United spent £20 million to purchase Odysseas Vlachodimos from Nottingham Forest.
This trade, which was part of the FFP/PSR “gerrymandering” to avoid a points deduction, came at a startling cost that considerably surpasses his genuine value. Toon leaders sold Elliot Anderson and Yankuba Minteh in a mad dash to meet the June 30 deadline.
Since Anderson had established himself in the first squad, Eddie Howe was hesitant to move any player. Despite an injury-plagued season, the Whitley Bay native made 26 appearances total for the Magpies, starting seven of the team’s last nine Premier League games.
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Before the audacious choice to sell the two was taken, Newcastle was about to lose face. Minteh signed a contract initially estimated to be worth about £35 million to join Brighton, while Anderson went for Forest.
Because the 21-year-old is a homegrown player and has no book value, Newcastle was able to manipulate the FFP/PSR balance sheet to their advantage. However, Vlachodimos’ agreement meant that the actual value of the deal was just £15 million.
His transfer cost of £20 million has been disclosed by The Telegraph, which is a hefty sum for a third-choice custodian. The Magpies were reportedly interested in Anthony Elanga, but Forest did not want to lose such a talented player.With Mark Gillespie and John Ruddy also on the books to complete a packed department,
Lachodimos is ranked below Nick Pope and Martin Dubravka. Financial constraints are being circumvented through the use of this kind of transfer, as evidenced by Chelsea’s £19 million acquisition of Aston Villa rookie Omari Kellyman and Ian Maatsen’s departure.