REVEALED: Saudi takeover will allow Newcastle United to spend over £200MILLION on their squad

REVEALED: Saudi takeover will allow Newcastle United to spend over £200MILLION on their squad WITHOUT breaching financial fair play rules because Mike Ashley left the club in good shape, say analysts

• Financial Fair Play rules limit losses over a three-year period to £105 million
• Club’s financial health, spending on infrastructure and community projects and new commercial income means Newcastle could spend twice that figure
• Financial experts also anticipate that new owners will spend in January
• Analysts predict Newcastle will push for Champions League spots in four years

Newcastle United will be able to spend well over £200M strengthening their squad in the next three years, without breaching Financial Fair Play rules after being taken over, financial analysts calculate.

Fans can expect investment in the January transfer window in order to secure Premier League status this season and for their club to be challenging the Big Six for Champions League spots by 2025

Premier League rivals – at both ends of the table – will be ‘petrified’ of the imminent investment at St James’ Park, insist experts.

The consortium that took over Newcastle is funded by the Saudi Arabia Public Investment Fund. The Team will be the wealthiest team in world football, with the Investment Fund worth a staggering £320 billion.

Clearly not short of cash, the new owners will have to comply with FFP rules, which limit losses over a three-year period to £105 million.

However, analysts believe that Newcastle will actually be in a position to spend at least twice that sum between now and the end of the 2023-24 season because the current owner Mike Ashley will leave the club in a strong financial position.

‘For all that is wrong with Mike Ashley, I would love to be buying a club from him,’ football finance expert Kieran Maguire told Sportsmail. ‘There is a lot of scope to increase the investment in Newcastle if any new owners choose to do so.’

The purchase of the club by the Saudi-led consortium was announced shortly after the Gulf state settled its piracy dispute with Premier League broadcast partner beIN Sports and gave assurances over who will control the club.

It will bring an end to Mike Ashley’s 14-year ownership of the Magpies, after much protest over the Sports Direct billionaire’s time heading the club.

Analysts estimates Newcastle could spend well over £200 million before the FFP limit kicks in.

That is because Newcastle have turned a profit in the past three years of £38 million and analysts says that expands their FFP envelope.

The club has spent about £50m over three years on infrastructure, academy and community schemes, all of which are exempt from FFP

And Newcastle would be expected to dramatically increase commercial revenue with immediate effect.