Newcastle United facing huge regret in Manchester City’s Elliot Anderson pursuit

Newcastle United facing huge regret in Manchester City’s Elliot Anderson pursuit Newcastle United are set to miss out on a significant financial windfall as former academy star Elliot Anderson nears a nine-figure switch to Manchester City. The original £35 million transfer to Nottingham Forest was hurried through during a Profit and Sustainability Rules (PSR) deadline threat to stave off a six-point deduction. Handled by CEO Darren Eales in the temporary absence of a senior sporting director, the 2024 transaction lacked crucial long-term safeguards. Any record-breaking transfer for Elliot Anderson to Manchester City from Nottingham Forest will not financially benefit his former club Newcastle United. Securing the signature of the 23-year-old England international midfielder has evolved into the Etihad Stadium club’s number-one summer priority to anchor their post- Pep Guardiola era . The Whitley Bay star, who had come through the ranks at the Wallsend Boys Club before moving into Newcastle’s academy, was blindsided by a boardroom directive forcing his exit to help the club navigate severe Profit and Sustainability Rules (PSR) issues in 2024. Despite Anderson telling St James’ Park officials that he had zero desire to leave, the player was forced into an immediate £35 million sale to Nottingham Forest to protect Eddie Howe’s squad from a six-point Premier League penalty. Can Newcastle benefit from Anderson to Man City? However, according to The Chronicle’s Lee Ryder , Newcastle United now have no sell on clause inserted, are not due any percentage of any record-breaking sale to Manchester City , and also have no buyback option in Elliot Anderson’s contract at Nottingham Forest. Nottingham Forest want £130 million Elliot Anderson deal with Manchester City Just how much have Newcastle missed out? Had Newcastle negotiated a percentage sell-on during 2024 talks, the Tyneside club would currently be positioned to pocket potentially £15 million to £20 million directly from Man City’s impending £120 million-plus layout via a 15 to 20 per cent clause, for example. Instead, Nottingham Forest are entitled to retain 100 per cent of a potentially record-shattering transfer, maximising their own bank while leaving the North East club empty-handed. For now, the focus at the Etihad Stadium is centred on finalising a lucrative, long-term package that will position the England star as possibly the third-most expensive footballer of all-time. Manchester City exceed £120 million with second bid for Elliot Anderson Manchester City remain confident of striking a deal despite having had an opening bid in the region of £85 million rejected, as well as the latest proposal of an initial £106 million plus a further £15 million in add-ons.