Burnley revelation hints at transfer stance of Newcastle United’s owners

The Magpies have already added three new faces to their first team ranks this summer.
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Newcastle United manager Eddie Howe has already discussed the need to be flexible in their approach in the transfer market this summer.

The signings of Lille defender Sven Botman, Aston Villa full-back Matt Targett and Burnley goalkeeper Nick Pope have already been completed as the Magpies look to strengthen Howe’s squad ahead of the new Premier League season.

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And recent revelations over the makeup of the latter of that trio of deals have shown the United hierachy are trying to make every penny count as they contend with the constraints of Financial Fair Play regulations.

During the ownership of Mike Ashley, the Magpies preferred to pay up front when agreeing transfer deals with selling clubs and paying over a set number of years was always a last option.

However, Companies House documents on Burnley’s record have shown the PIF-led consortium are opting to be more flexible in a bid to stretch the funds they are able to spend this summer.

The latest document shows the deal to sign England keeper Pope contains three future payments of around £2.33million to be made over the next three years and came to light after the Clarets secured finance based on those future fees.

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Football finance expert Kieran Maguire discussed the situation via his Twitter account, saying: “Less than a month after selling Nick Pope to Newcastle, Burnley cash in on the next three instalments of his transfer fee totalling £7m via a payday loan invoice discounting deal with Macquarie.”

It is not yet known whether United have taken a similar approach when they agreed deals to sign defensive duo Botman and Targett but the same approach could allow the Magpies could allow Howe to add at least two new faces to his ranks before the window closes in the early hours of September.

The former Bournemouth boss is hoping to complete moves for a winger and a striker over the coming weeks.