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Aaron Stokes

Newcastle United could benefit from Chelsea spending as Richard Masters clarifies transfer rules

Richard Masters Newcastle Newcastle United Chelsea Amanda Staveley EPL Eddie Howe Christian Pulisic

Premier League chief executive Richard Masters may well have handed Newcastle United and a host of other top flight clubs plenty of ideas for this summer's transfer window after he was pressed on Chelsea's lavish spending of late.

Masters spoke at the Financial Times Business of Football Summit this week, addressing a range of matters from top flight transfer business to the implications Brexit has had on the beautiful game. Newcastle United co-owner Amanda Staveley also spoke at the event as she waxed lyrical over the Magpies and discussed grand plans for the future on Tyneside.

Chelsea have splashed out £600m in an ambitious recruitment drive since Todd Boehly took the reins from Roman Abramovich in 2022. Masters insists such a hefty outlay is perfectly fine for any Premier League club - including Chelsea - as long as they balance the books this summer.

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