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Report: Newcastle United would-be owners handed potential massive boost as UEFA relaxes Financial Fair Play

Newcastle United would-be owners have been potentially handed a massive boost ahead of the summer transfer window following UEFA’s decision to relax Financial Fair Play due to the impact of the pandemic.

Break-even assessments for this season have also been postponed and the decision allows clubs to spend without limit this summer.

Newcastle could soon be taken over by Saudi Arabia’s Public Investment Fund with the Premier League still considering what to do with their £300 million bid, and should it be approved, a spending spree could be on the cards.

Chelsea and Manchester City didn’t hesitate to splash the cash after their takeover years ago with FFP yet to be in place, and this could be the only opportunity the prospective owners of Newcastle gets.