PSR restrictions have been the thorn in Newcastle United’s side since the Saudi-backed takeover three-and-a-half years ago. October 7, 2021 marked a day that changed the club’s fortunes forever.
Many predicted a wave of superstar signings akin to Manchester City’s squad turnover 13 years earlier. Robinho was their superstar addition on day one but PIF bought a club heading for the Championship.
Despite sitting 19th, Newcastle persuaded the likes of Kieran Trippier and Bruno Guimaraes to take the leap of faith. High-profile stars like Sven Botman, Alexander Isak and Sandro Tonali followed but the outlay has not been as eye-catching as most expected.
Financial restrictions have resulted in the Magpies being unable to make a significant first-team signing for three transfer windows. Outgoings have been the recent focus as Toon chiefs, this summer, finally shift towards attracting talent again.
But what if the rules were scrapped? Newcastle, after all, are not the only club frustrated by PSR measures. Aston Villa are in a similar position as they try to crack into the Premier League elite.
Everton and Nottingham Forest were slapped with points deductions last season and even Manchester United, with their gigantic revenues, have questioned the rules. Imagine a fairytale world without PSR - this is how much Newcastle could outspend their Premier League rivals.
1. Newcastle United - Saudi Public Investment Fund, RB Sports & Media
Net worth: £478billion | Getty Images
2. Manchester United - The Glazer family, Sir Jim Ratcliffe
Net worth: £19.2billion | Getty Images
3. Aston Villa - Wes Edens, Nassef Sawiris
Net worth: £13.8billion | Getty Images
4. Manchester City - Abu Dhabi Group, Silver Lake
Net worth: £12.9billion | AFP via Getty Images