Newcastle United have narrowly avoided a PSR breach for 2023-24 – but where do they go from here? In the Mike Ashley era, Newcastle fans had little reason to be up to speed with the intricacies of Premier League’s spending rules. The club lived within their means during the high street billionaire’s reign, breaking even across his 15 years on Tyneside. Ashley’s frugality meant FFP (now Profit and Sustainability Rules, or PSR) was never a relevant concern, much to the frustration of supporters eager to see more ambition in the transfer market. That sense of stasis has been obliterated under the…