Newcastle United will not benefit from a sell-on clause as Elliot Anderson nears a massive £116m-£130m transfer to Manchester City, a deal that has left fans questioning the club's transfer strategy.
Anderson, who made just 44 Premier League appearances for Newcastle, the majority as a substitute, is now poised for a blockbuster move after developing into a top talent. His departure from St. James' Park saw him sold to Nottingham Forest for £35m.
According to BBC Sport, Newcastle was under pressure to offload a homegrown player to comply with Profit and Sustainability Rules (PSR) at the time. This put them in a weak negotiating position, leading to the sale of Anderson without any sell-on or buy-back clauses included.
Now, Anderson's potential transfer to Manchester City is reportedly set to break the British transfer record, with figures ranging from £116m (before add-ons, according to Fabrizio Romano) to £130m cited. The midfielder is scheduled for his medical in the US this weekend, with the deal expected to be finalized.
The Magpies' need to balance their books due to spending on other signings apparently forced their hand, enabling Nottingham Forest to secure a substantial profit on the player. Anderson's impressive development at the City Ground has transformed him into a world-class asset, and his move to the Etihad Stadium will be closely watched.
This situation raises significant concerns for Newcastle supporters regarding the club's transfer market operations, particularly the decision to sell a promising talent at a significantly reduced price due to financial pressures stemming from other recruitment decisions.