"It doesn't stop us doing business. What it means is if we make a profit, it doesn't count. We sell a player that's worth a pound for 10 million and make a profit of 9.999 million in the Premier League but make a profit of zero in UEFA."
"[Other clubs doing lucrative business with Saudi clubs] is some frustration for us. Our competitors can sell a player to a Saudi club for massive profit and bank that for their various compliance calculations."
"The UEFA rules have certainly hurt Newcastle in transfers, and this has been echoed by manager Eddie Howe in the past as well."
Newcastle United has not benefited from selling players to Saudi Arabian clubs despite strong connections. UEFA regulations prevent them from profiting from associated-party sales. Chief financial officer Simon Capper stated that while they can conduct business, profits from such sales do not count under UEFA rules. This limitation has hindered Newcastle's ability to compete in the transfer market, as rivals capitalize on lucrative deals with Saudi clubs. The club aims to build a strong team but faces challenges due to these regulations.
Read at www.caughtoffside.com
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