Newcastle United are set to bank the £9m Miguel Almiron fee and use it to ease financial fair play fears in the close season.
Almiron finally completed the return to his former club on Thursday afternoon, with Newcastle paying warm tributes to the Paraguay international for his six years of service.
He was a popular character in the dressing room but had dropped out of first-team contention this season, with the Magpies having been open to offers for the right-winger for the last year.
The deal struck with Atlanta United represents good business for Newcastle, who also had interest from the Premier League in Almiron but not at the price Atlanta have paid for him to return to the United States.
But with Eddie Howe now short of a specialist right-winger to back up Jacob Murphy, it is an example of what the manager said was business logic trumping football logic this month.
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Read MoreThe i Paper understands Newcastle are highly unlikely to reinvest the Almiron money this January, instead using the fee to mitigate the need for any sales before the 30 June “soft” transfer deadline.
That date is the end of the accounting period, which is significant under the Premier League’s Profitability and Sustainability Rules (PSR).
The sale offers Newcastle generous headroom under the PSR system.
Signed in 2019, Almiron had close to zero book value which means almost all of the £9m fee is “profit” for Newcastle.
Insiders say that will help Newcastle to rebuild their squad in the summer, when a considerable reset of the squad is anticipated.
As reported by The i Paper last week, Newcastle’s current stance is that they want to bank as much “headroom” as possible to support a summer recruitment drive.
If they qualify for Europe they will need to add numbers to the squad as well as quality in the right-wing, centre-back and forward slots that have been deemed a priority for director of football Paul Mitchell.
While no one wants to rule anything out definitively – and the final, chaotic 48 hours of the transfer window always throw up surprises – it looks as if Newcastle are partly unable and partly unwilling to get involved in trading.
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Read MoreLast summer they were forced into the sales of Yankuba Minteh and Elliot Anderson – and had contemplated the sale of Anthony Gordon – in a frantic dash to comply with PSR rules before 30 June.
No-one at Newcastle wants to see a repeat of that, especially with the club keen to retain “crown jewels” like Bruno Guimaraes, Gordon and star striker Alexander Isak, rated at around £150m.
Almiron’s exit was officially announced on Thursday with Howe paying fulsome tribute to the winger, who scored 30 goals in 223 appearances.
He enjoyed a purple patch in the season Newcastle qualified for Europe, making Jack Grealish’s unguarded criticism of him look foolish.
Howe said: “On behalf of the club, I want to thank ‘Miggy’ for everything he has given us during our time together.
“He has been the ultimate professional, and he has been a big part of some of our most memorable moments in recent seasons.
“He is a great person and we’ll miss him greatly, but this is the right move at the right time for him and his family and we wish them well.”
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