Peterborough’s recent transfer windfall from Ivan Toney’s move has brought in approximately £4 million, but a portion of that must be given to Newcastle. Toney, who was sold by Peterborough to Brentford for £6 million in 2020, made a £40 million transfer to Al-Ahli in Saudi Arabia on deadline day. Although Peterborough will receive a similar amount from this transfer, they are obligated to give around £1 million of it to Newcastle as part of the initial deal that brought Toney to Peterborough from Newcastle in 2018.
This financial boost will undoubtedly be welcomed by Newcastle, who had a challenging transfer window. At one point, there were concerns that the club might face a 10-point relegation penalty for violating Profit and Sustainability Rules. However, in the final 24 hours before the deadline, they managed to raise the necessary £60 million through the sales of Yankuba Minteh and Elliot Anderson.
While the club was able to address their financial concerns, frustrations arose in terms of player acquisitions. Eddie Howe, the Newcastle manager, had hoped to secure the services of England center-back Marc Guehi from Crystal Palace. However, the club failed to meet the £70 million asking price, leaving Howe disappointed.
Reflecting on the transfer window, Howe acknowledged that it did not go as planned. He admitted, “I’m not going to sit here and say it’s been a brilliant window. We haven’t had the window we wanted, there’s no denying that.”
It is clear that the transfer market can be a complex and unpredictable environment, even for clubs like Newcastle. While they were able to address their financial concerns, they were unable to secure all their desired targets. This serves as a reminder that the transfer window is not always straightforward, and clubs must navigate various challenges and negotiations to achieve their desired outcomes. Additionally, Peterborough’s success in selling Toney for a substantial fee highlights the value of player development and the potential for smaller clubs to generate significant income through smart transfers. Overall, the transfer window can be a rollercoaster ride for clubs and fans alike, with both successes and disappointments along the way.