![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/newcastle-sporting-director-admits-owners-saved-window-by-buying-unwanted-star/&media=https://uknews.evprotec.com/wp-content/uploads/2023/08/sven-botman-newcastle-united-allan-797983154.jpg&description=TOON SWOOP Published : 18:52, 11 Aug 2023 Updated : 18:52, 11 Aug 2023 NEWCASTLE chiefs have admitted Toon's Saudi owners saved their summer by paying £30million for Allan Saint-Maximin. The winger moved to Al Ahli , who along with the Magies are controlled by Saudi Arabia's Public Investment Fund. 2 Newcastle's Saudi owners 'saved their summer' by signing Allan Saint-Maximin Credit: Alamy Toon boss Eddie Howe insisted in July that Financial Fair Play rules forced them to sell Saint-Maximin , insisting they would be "stuck" with their "hands tied" over new arrivals. And sporting director Dan Ashworth revealed nobody was in for the French forward... other than the Saudi club who have the same backers . He said: "It wasn't Allan that was targeted by us to trade. He was targeted by another club that ourselves and Allan thought was acceptable. "Were there any other official bids? No." Prem rivals have questioned whether the fee for Saint-Maximin, 26, represents fair market value. But Ashworth added: "We are absolutely convinced it is. "There is plenty of evidence of players of a similar age, position and CV that are moving for similar amounts." As CEO Darren Eales then explained at a sit-down at Newcastle's upgraded training base, that money allowed the Geordies to spend £65m on Harvey Barnes and Tino Livramento by spreading the fees over the length of their deals. TRANSFER NEWS LIVE: All the latest news, rumours and confirmed switches from the world of football He said: "When you sell a player you get all of the revenue at that time, whereas when you acquire a player it's amortised over the length of the contract." With Toon lagging way behind rivals commercially, Eales' biggest job is firing up revenue streams to keep up with the team's success. He said: 'We are trying to build a plane while flying it. 'We would struggle to have a signing that was a total miss because we don't have the resources. 'We're looking at doubling our revenue every two years. 'We h){kind=link}
NEWCASTLE chiefs have admitted Toon’s Saudi owners saved their summer by paying £30million for Allan Saint-Maximin.
The winger moved to Al Ahli, who along with the Magies are controlled by Saudi Arabia’s Public Investment Fund.
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Toon boss Eddie Howe insisted in July that Financial Fair Play rules forced them to sell Saint-Maximin, insisting they would be “stuck” with their “hands tied” over new arrivals.
And sporting director Dan Ashworth revealed nobody was in for the French forward… other than the Saudi club who have the same backers.