Soccer-Everyone has their price under sustainability rules: Newcastle CEO

Soccer Football - Premier League - Brighton & Hove Albion v Newcastle United - The American Express Community Stadium, Brighton, Britain - September 2, 2023 Newcastle United chief executive officer Darren Eales and director Amanda Stavely in the stands before the match Action Images via Reuters/Peter Cziborra/ File photo

(Reuters) - Newcastle United CEO Darren Eales said every player at the club has their price due to the Premier League's sustainability rules (PSR), with the team having reported a loss of 73.4 million pounds ($93.78 million) in their latest financial results.

Newcastle, who in October 2021 were acquired by a group led by Saudi Arabia's Public Investment Fund, also reported an increase in revenues to 250.3 million pounds from 180 million pounds for the year ending June 30, 2023.