Newcastle United sold star striker Alexander Isak to Liverpool for a club record fee of £130m on deadline day, but they will not receive the entire sum of money.
The undisputed story of the summer came to a natural end in the final throes of the transfer window, when Liverpool made a British record bid for the Sweden international.
Alexander Isak made it clear he wanted to leave Newcastle United in July, but did not get his move until September.
At one point, there was a genuine possibility that Isak was going to stay at Newcastle and be forced to play while unhappy for the next few months. However, he got his wish in the end, and Eddie Howe welcomed Nick Woltemade and Yoane Wissa to the club.
Newcastle’s ceiling has been lowered following Isak’s exit, but they will still benefit significantly from the transfer fee. However, a new report has shared how much of that money Newcastle have been forced to give away due to the sale.
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Newcastle United made to pay over £30m to Real Sociedad for Alexander Isak
Isak joined Newcastle for a then-club record transfer fee of £63m, and they have almost doubled their money after selling him to Liverpool.
Reports have stated that the profit from Isak’s sale is seen as ‘transformative’ for Newcastle, giving them a major gap to the PSR cutoff.
However, they have already been forced to pay a chunk of the transfer fee to Real Sociedad, his former club, due to prior agreements. The deal between Newcastle and Sociedad included a 10% sell-on clause for Isak’s next move. The profit works out at around £67m, so Newcastle must initially pay £6.7m to the La Liga side.
Additionally, the Athletic have reported that Newcastle still owe Sociedad around £30m in amortised fees, so they must also be paid. It is not confirmed whether Newcastle have already paid those outstanding fees, but it does not have a significant impact on their profit margins or PSR stance.
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How Newcastle United can break down Nick Woltemade’s transfer fee
Woltemade is the replacement for Isak, not just as a new striker but also from a cost perspective. The German became Newcastle’s most expensive player just days before the transfer window closed, with a fee rising to £69m being reported.
The 23-year-old has been away on international duty with Germany, playing in both of their games against Slovakia and Northern Ireland, respectively. However, German media were unimpressed with Woltemade, even though he bagged an assist on Sunday night.
It remains to be seen whether Woltemade will be a part of Newcastle’s starting lineup against Wolves, with Howe still waiting for the towering striker to return from international duty to begin training on Tyneside.
In the meantime, Newcastle can now worry significantly less about paying the transfer fee for Woltemade thanks to the Isak sale. The same Athletic report states that Newcastle will be paying £13.8m each year for Woltemade over the next five seasons, so the money they made from selling Isak can immediately go towards that and any other players they want to sign.
Additionally, Newcastle’s PSR position was improved after selling Sean Longstaff to Leeds United for £15m – a deal which represents pure profit due to his academy links.
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