Anthony Elanga Manchester United
Nottingham Forest is reportedly on the verge of selling Anthony Elanga to Newcastle United for a substantial fee of £55 million, with an additional £5 million in potential add-ons. The transfer, which is said to have already seen personal terms agreed, is driven by the need to comply with profitability and sustainability regulations. This move is expected to yield a significant profit for Forest, who originally acquired Elanga from Manchester United.
Jordan said: “Anthony Elanga wasn’t really wanted at Manchester United. He’s had a standout season at Nottingham Forest. Forest have got plenty of money, Marinakis has got plenty of money, they probably can go, for a period of time, toe to toe with the ownership model at Newcastle economically. But they can’t because they can’t get themselves into a position where they can meet the requirements of the governance. He’s losing a good player, you’ve got to build teams and teams aren’t just built overnight and so if you start taking away the best parts of the team, all of a sudden next it’ll be the other kid [Morgan] Gibbs-White, and then it’ll be someone else, and it’ll be someone else. All of a sudden, the structure, the backbone of Nottingham Forest that deserved so much praise last season and so much credibility for what they did, starts to get underpinned because everybody’s, ‘Ah look at Forrest over there, there’s the vision, we’ll pinch all their players’. Whilst they get a big profit it’s only good if you’re going to reinvest it back into the playing squad. If you suddenly make yourself worse and you fall five places down the league, you haven’t made so much profit, all of a sudden you’ve dropped five or six places, you’ve cost yourself £20m in merit payments. So what was the big deal about selling?”
Jordan continued: “Interesting, he said that people taking advantage of PSR, quite rightly. He didn’t think it was quite right last year, he was infuriated by it. Now Newcastle are in a position to be able to take advantage of other people’s PSR travails, now it’s quite rightly people could take advantage of it. Newcastle, in order to kick into the next level, they probably need to spend £200-300 million over a series of transfer windows. Every football club in the Premier League can buy a £55m footballer, there’s no revelation in that. Elanga’s a decent player, you’re not buying a world beater, you’re buying a decent player. I feel sorry for Newcastle. I feel sorry for Nottingham Forest. I feel sorry for Aston Villa because this is not what sport was confected to do. It was supposed to be if you’ve got an opportunity to be the best you can be the best and if you can see the vision, you can get the vision. A lot of it’s about money, everyone else can do what they want. Liverpool, Arsenal, Manchester City, they can spend what they want because they’ve got PSR under control because they’ve got £600m turnovers. These clubs have not got that, so they can’t.”
The transfer of Elanga marks a significant financial gain for Nottingham Forest, potentially earning them around £40 million more than the amount paid to Manchester United. However, the decision has sparked debate about the implications for the team’s structure and future performance. Jordan’s comments highlight concerns about the sustainability of selling key players and the broader financial dynamics of the Premier League. The deal reflects the ongoing challenges clubs face in balancing financial regulations with competitive ambitions.