Due to Financial Fair Play laws, Newcastle United may find it difficult to recruit Manchester City midfielder Kalvin Phillips.
Phillips has struggled to establish himself in Manchester City’s first team after coming from Leeds United in the summer of 2022.
During his first season with the Premier League champions, the England international made just four starts out of 21 competitive games.
Despite remaining with the club for the first half of the 2023-24 season, Phillips has struggled to get playing time, starting just one competitive game all season.
Pep Guardiola recently apologized to Phillips for not picking him, but stated that he does not regard him as a member of his team.
Phillips, who is not in Guardiola’s plans, is expected to depart the club in January in order to receive regular playing time ahead of Euro 2024 next summer.
Newcastle are thought to be among the clubs exploring a deal as they attempt to bolster their threadbare midfield.
Sandro Tonali is now serving a 10-month suspension for betting violations, while Elliot Anderson and Joe Willock are both out.
While Newcastle is one of Phillips’ admirers, The Mirror reports that financing a loan agreement may be tough.
Man City want any possible suitor to pay a loan fee in excess of £5 million, as well as a considerable percentage of Phillips’ weekly wage of £135,000.
According to the report, the Magpies may struggle to satisfy Man City’s demands due to Financial Fair Play requirements.
Newcastle is also hesitant to include a purchase clause in the mooted loan deal, as Eddie Howe wants to keep his options open for the summer transfer window.
Juventus, like the Magpies, are hesitant to pay the majority of Phillips’ salaries despite their interest in the midfielder.
Phillips has also been linked with Manchester United, Man City’s local rivals, who have apparently made the Englishman a major January target.
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