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The latest noises from Saudi Arabia give a clue about the Public Investment Fund’s long-term plans for Newcastle United. The Newcastle hierarchy know that increasing revenue is the only way to achieve greater flexibility in terms of Premier League Profit and Sustainability Rules. The PSR system (formerly known as financial fair play, or FFP) has acted as an anchor in the transfer market. And the net could be about to get even tighter, with a seismic impact on Eddie Howe’s budget. A new squad cost control ratio and financial anchoring system is expected to be passed at the Premier League‘s AGM …

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