Newcastle could get official Miguel Almiron update in next 24 hours as PIF plan emerges
Newcastle United might soon receive an update on Miguel Almiron’s future as transfer rumors swirl around the Paraguayan attacker. Almiron, who has experienced both highs and lows during his time at St. James’ Park, now appears to be surplus to requirements under Eddie Howe, despite having two years left on his current contract.
Miguel Almiron’s journey at Newcastle United has been a mixed bag. After a challenging start, he found his stride and enjoyed periods of success under manager Eddie Howe.
However, as the club meets the Premier League’s three-year Profit and Sustainability Regulations (PSR) £105m allowable loss deadline, Almiron is likely to be one of the players considered expendable.
Newcastle United’s recent financial maneuvers have been heavily influenced by the need to comply with PSR regulations.
Almiron, despite his contributions, could be sacrificed to balance the books. The 30-year-old was previously the subject of a £25m bid from Al-Shabab in Saudi Arabia, which he declined. However, the reopening of the Saudi transfer window could reignite interest from Middle Eastern clubs.
Contrary to popular belief, the Saudi Pro League transfer window opens on July 17th, not at the start of the month.
This means that any pending deals involving Almiron could proceed from the 18th. Reports suggest that an unnamed Saudi club is in talks with Almiron, and with the transfer window now open, these discussions could accelerate.
The Public Investment Fund (PIF), Newcastle’s owners, have significant influence over many Saudi clubs. This connection raises the possibility of a beneficial transfer fee for Newcastle. Any deal, however, will need to be approved by the Premier League’s fair market value committee to ensure compliance with financial regulations.
PIF’s ownership and influence extend beyond Newcastle United, potentially offering strategic benefits. The fund’s multi-club model could create commercial and scouting synergies between Saudi clubs and Newcastle.
The Magpies have already conducted winter training camps in Saudi Arabia, playing friendlies against PIF-owned teams. This relationship could further aid Newcastle in the transfer market and beyond.
The collaboration between Newcastle United and PIF-owned clubs could extend to various areas, including player development, commercial ventures, and scouting networks.
These synergies might not only help Newcastle comply with financial regulations but also enhance their competitive edge in the Premier League.
As Newcastle United navigates the complexities of the transfer market, the future of Miguel Almiron remains uncertain. The club’s strategy will likely involve balancing financial sustainability with the need to strengthen the squad.
Whether Almiron stays or moves on, Newcastle’s management will aim to optimize both their financial and sporting outcomes.
This summer marks a critical period for Newcastle United. The decisions made in the coming weeks will shape the club’s immediate future and long-term ambitions.
As the transfer window progresses, fans will be keenly watching to see how the club maneuvers to build a competitive squad while adhering to financial regulations.
Miguel Almiron’s potential departure could be a significant move in this process, with the Saudi Pro League emerging as a likely destination.
