Newcastle CEO rules out selling Alexander Isak amid financial recovery

Newcastle United's chief executive, Darren Eales, has stated that the club has 'no intention' of selling star players like Alexander Isak, emphasizing that it would be 'crazy' to consider such moves given their recent financial improvements. After reporting losses of £11.1 million for the year ending June 30, 2024, down from over £70 million in previous years, Newcastle aims to retain its key players under long-term contracts. Eales noted that the club's ambitious ownership and a 28% increase in revenue, driven by Champions League participation, bolster their position. Despite speculation linking Isak with top clubs like Arsenal and Barcelona, Eales expressed confidence in Newcastle's growth and future plans, including discussions for an improved contract for Isak. The club's adherence to the Premier League's profitability and sustainability rules has previously necessitated player sales but is less of a concern this summer. Eales highlighted the challenges posed by these rules, which favor established clubs with larger revenue streams.