Speaking on the Talking Transfers podcast, Graeme Bailey discussed Hugo Ekitike and his upcoming move to Newcastle.
The French striker reportedly agreed terms with the Magpies, and according to Bailey, the deal is all but done.
However, as always, these things are not as simple as they should be.
Indeed, according to Bailey, the Premier League have a genuine eye on Newcastle’s FFP situation, and with the Magpies under such intense scrutiny the club could actually sign the ‘incredible’ striker on an initial loan so that he can circumvent all the potential consequences of the FFP, for this year at least.
What was said?
Bailey talked about the Ekitike deal.
“This deal is done, it’s been agreed, but it’s a convoluted deal, I’ve made a play today and within that we’re saying it’s going to be supportive of financial fair play, which is a sentence that we will have to get used to. hearing because the Premier League are keeping an extra eye on Newcastle, rightly or wrongly, so Newcastle are aware of that. This deal could even be an initial loan, but it would be a mandatory purchase, so he will be a Newcastle player,” Bailey said.
Gotta be smart
While the Premier League is going to be watching Newcastle’s spending closely, the Magpies will have to be smart with their business.
Installment payments, ready to buy, add-ons, appearance bonuses and sponsorship deals are all ways to change your FFP status favorably without breaking the rules, and Newcastle need to use all of these tactics.
United won’t be able to buy their way to the top right away, but if they’re smart it shouldn’t take them long to start signing big-name players and fighting for the top honours.
In other news, West Ham and Newcastle are out, ‘excellent’ midfielder agrees £10m deal