Newcastle United are close to agreeing a deal with Uefa over the punishment they will face for breaching financial fair play rules, The i Paper can reveal.
It is understood that the Magpies, who reached the last 16 of the Champions League, breached Uefa’s football earnings and squad cost rules – and that will result in both a fine and the club signing up to strict conditions around future compliance.
Those rules, which Newcastle will continue to comply with despite being out of Europe next season, are one of the reasons why the sale of at least one of their crown jewels is expected this summer.
Anthony Gordon has agreed terms with Bayern Munich (Photo: Getty)
While the size of the fine is partly decided by a formula, Uefa takes into account each club’s circumstances and Newcastle have made a convincing case both about why they breached and plans to stay within the limits for the future.
