New Newcastle owners will enjoy FFP headroom

Newcastle's prospective new owners will have plenty of headroom in terms of financial fair play as they face the challenge of dealing with years of under investment in the playing side.

Kieran Maguire of the Priceof Football comments: 'Whilst Mike Ashley is not popular in Newcastle, his legacy for new owners is a profitable club. In the last three years profit has been £38m, factor in FFP adjustments for academy etc. of about £50m and this means the new owners have an allowable FFP loss of £105m plus £88m= £190m+ to play with.'

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The Political Economy of Football V2

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