Is it the end of the road for Bruno GuimarĂŁes and Newcastle or are they destined to share at least one more adventure?
With Arsenal anxious to add Eddie Howeâs Brazil midfielder to their armoury and GuimarĂŁes receptive to such advances, it remains hard to predict whether Newcastleâs intransigent resistance will be broken.
Perhaps the biggest surprise is that GuimarĂŁes has stayed on Tyneside for so long. If his ÂŁ35m arrival from Lyon in January 2022 offered proof of a then relegation-threatened Newcastleâs new pulling power under their freshly installed Saudi Arabian owners, not everyone expected GuimarĂŁes to stick around for that long.
There is an argument that, if Newcastle had cashed in earlier, they might be in a considerably stronger position. Maybe, just maybe, their biggest mistake has been holding on to a crowd favourite adored by Howe for too long.
To understand why, it is necessary to rewind to October 2023 when the clubâs then sporting director, Dan Ashworth, gave GuimarĂŁes a new five-year contract complete with a temporary ÂŁ100m release clause.
Few could have predicted that Newcastleâs current captain would outstay Ashworth â who was swiftly en route to an ill-starred stint at Manchester United â but, with hindsight, a clause that expired on 30 June 2024 proved blessing and curse.
To the considerable surprise of some at Newcastle there were no offers for GuimarĂŁes and they found themselves desperate to raise cash before that summerâs deadline for meeting Premier League spending rules. Failure to do so dictated a potential 10-point deduction would beckon.
On 30 June 2024 they duly sold Yankuba Minteh â a promising winger and ÂŁ5m Ashworth recruit â to Brighton for ÂŁ30m and Elliot Anderson, an exceptionally talented homegrown midfielder, to Nottingham Forest for ÂŁ35m.
Given that Anderson is now an England international and has just joined Manchester City for a record ÂŁ116m it proved a terrible deal, particularly as Newcastle neglected to negotiate a sell-on clause with Forest and were forced to sign Odysseas Vlachodimos, a goalkeeper unwanted by Howe, in part exchange.
A club then operating without a sporting director had been expertly pickpocketed by Ross Wilson, Forestâs chief football officer. Now Wilson is Ashworthâs latest successor at St Jamesâ Park â his predecessor, Paul Mitchell, lasted less than year after losing a civil war with Howe â and has presided over the sales of Anthony Gordon and Sandro Tonali to Barcelona and Tottenham respectively for a total approaching ÂŁ200m.
Given that Newcastleâs steadily increasing commercial revenue is comfortably outstripped by traditional âtop sixâ clubs, such sales were, realistically, unavoidable. Saudi Arabiaâs Public Investment Fund may be absurdly rich but, under footballâs regulatory regime, its spending power is restricted.
If those spending rules rather undermine the boast of David Hopkinson, Newcastleâs Canadian chief executive, that they will be âpart of the conversationâ regarding the identity of the worldâs best club by 2030, they also prompt another question: even if PIF was able to buy any player it wanted would it really invest heavily in Newcastle?
The collateral damage to the Saudi economy sustained during this yearâs Middle East war has clearly discouraged expansion, and the ownership mantra was always that the club would be a âsustainable businessâ.
Nonetheless, fans have become justifiably disillusioned by PIFâs apparent reluctance to speculate to accumulate by building a new training ground and stadium. Or at least expanding St Jamesâ Park.
Although it is understood a state-of-the-art training ground will eventually be built near Newcastle airport, a decision regarding the stadium remains on hold. Even if Riyadh approved the idea, obtaining planning permission for the preferred site, Leazes Park, would not be easy, with potential problems exacerbated by a city council formerly under Labour control having morphed into a minority Liberal Democrat administration supported by the Greens.
The lack of shiny new facilities is understood to have contributed to the disillusionment of Gordon, Tonali and now GuimarĂŁes but at least Wilson appears nothing if not dynamic.
This summer he has secured the signatures of three of Europeâs brightest young talents: the midfielder Sean Steur, goalkeeper Ewen Jaouen and the winger Bazoumana TourĂ© from Ajax, Reims and Hoffenheim respectively. Should the Switzerland midfielder Johan Manzambi follow from Freiburg as expected, about ÂŁ135m will have been invested in a quartet of players aged 20 or under.
Howe is said to be excited by the prospect of coaching signings possessing what he terms âhigh ceilingsâ but he knows he is entering a particularly high-risk chapter of his near five-year Tyneside tenure.
In the past year he has lost three of his four highest-calibre players â Alexander Isak (who left for Liverpool for ÂŁ125m last summer), Tonali and Gordon â in addition to an outstanding dressing room leader in Kieran Trippier.
Should GuimarĂŁes go too, the squad will be horribly light on experience. Howe has a deserved reputation for improving players but, to survive, he will need to work his magic on last seasonâs attacking underachievers, the ÂŁ69m Nick Woltemade and the ÂŁ55m Yoane Wissa.
As Newcastle slumped to a 12th-placed Premier League finish Howeâs achievement in twice qualifying for the Champions League in three years and winning the 2025 Carabao Cup were virtually forgotten as he fought for his job.
PIF opted to offer him another chance but an underwhelming start could alter such thinking. The 10 league games before the second international break in November appear critical.
More immediately, Howe will discover whether GuimarĂŁes can be persuaded to forget Arsenal in exchange for a contract extension. Much hinges on whether the London club are prepared to pay top dollar â perhaps ÂŁ75m-plus â for a midfielder who turns 29 this year and precisely how awkward a captain intensely critical of Isakâs behaviour last summer makes things for his manager.
A sliding-door moment approaches.
With Arsenal anxious to add Eddie Howeâs Brazil midfielder to their armoury and GuimarĂŁes receptive to such advances, it remains hard to predict whether Newcastleâs intransigent resistance will be broken.
Perhaps the biggest surprise is that GuimarĂŁes has stayed on Tyneside for so long. If his ÂŁ35m arrival from Lyon in January 2022 offered proof of a then relegation-threatened Newcastleâs new pulling power under their freshly installed Saudi Arabian owners, not everyone expected GuimarĂŁes to stick around for that long.
There is an argument that, if Newcastle had cashed in earlier, they might be in a considerably stronger position. Maybe, just maybe, their biggest mistake has been holding on to a crowd favourite adored by Howe for too long.
To understand why, it is necessary to rewind to October 2023 when the clubâs then sporting director, Dan Ashworth, gave GuimarĂŁes a new five-year contract complete with a temporary ÂŁ100m release clause.
Few could have predicted that Newcastleâs current captain would outstay Ashworth â who was swiftly en route to an ill-starred stint at Manchester United â but, with hindsight, a clause that expired on 30 June 2024 proved blessing and curse.
To the considerable surprise of some at Newcastle there were no offers for GuimarĂŁes and they found themselves desperate to raise cash before that summerâs deadline for meeting Premier League spending rules. Failure to do so dictated a potential 10-point deduction would beckon.
On 30 June 2024 they duly sold Yankuba Minteh â a promising winger and ÂŁ5m Ashworth recruit â to Brighton for ÂŁ30m and Elliot Anderson, an exceptionally talented homegrown midfielder, to Nottingham Forest for ÂŁ35m.
Given that Anderson is now an England international and has just joined Manchester City for a record ÂŁ116m it proved a terrible deal, particularly as Newcastle neglected to negotiate a sell-on clause with Forest and were forced to sign Odysseas Vlachodimos, a goalkeeper unwanted by Howe, in part exchange.
A club then operating without a sporting director had been expertly pickpocketed by Ross Wilson, Forestâs chief football officer. Now Wilson is Ashworthâs latest successor at St Jamesâ Park â his predecessor, Paul Mitchell, lasted less than year after losing a civil war with Howe â and has presided over the sales of Anthony Gordon and Sandro Tonali to Barcelona and Tottenham respectively for a total approaching ÂŁ200m.
Given that Newcastleâs steadily increasing commercial revenue is comfortably outstripped by traditional âtop sixâ clubs, such sales were, realistically, unavoidable. Saudi Arabiaâs Public Investment Fund may be absurdly rich but, under footballâs regulatory regime, its spending power is restricted.
If those spending rules rather undermine the boast of David Hopkinson, Newcastleâs Canadian chief executive, that they will be âpart of the conversationâ regarding the identity of the worldâs best club by 2030, they also prompt another question: even if PIF was able to buy any player it wanted would it really invest heavily in Newcastle?
The collateral damage to the Saudi economy sustained during this yearâs Middle East war has clearly discouraged expansion, and the ownership mantra was always that the club would be a âsustainable businessâ.
Nonetheless, fans have become justifiably disillusioned by PIFâs apparent reluctance to speculate to accumulate by building a new training ground and stadium. Or at least expanding St Jamesâ Park.
Although it is understood a state-of-the-art training ground will eventually be built near Newcastle airport, a decision regarding the stadium remains on hold. Even if Riyadh approved the idea, obtaining planning permission for the preferred site, Leazes Park, would not be easy, with potential problems exacerbated by a city council formerly under Labour control having morphed into a minority Liberal Democrat administration supported by the Greens.
The lack of shiny new facilities is understood to have contributed to the disillusionment of Gordon, Tonali and now GuimarĂŁes but at least Wilson appears nothing if not dynamic.
This summer he has secured the signatures of three of Europeâs brightest young talents: the midfielder Sean Steur, goalkeeper Ewen Jaouen and the winger Bazoumana TourĂ© from Ajax, Reims and Hoffenheim respectively. Should the Switzerland midfielder Johan Manzambi follow from Freiburg as expected, about ÂŁ135m will have been invested in a quartet of players aged 20 or under.
Howe is said to be excited by the prospect of coaching signings possessing what he terms âhigh ceilingsâ but he knows he is entering a particularly high-risk chapter of his near five-year Tyneside tenure.
In the past year he has lost three of his four highest-calibre players â Alexander Isak (who left for Liverpool for ÂŁ125m last summer), Tonali and Gordon â in addition to an outstanding dressing room leader in Kieran Trippier.
Should GuimarĂŁes go too, the squad will be horribly light on experience. Howe has a deserved reputation for improving players but, to survive, he will need to work his magic on last seasonâs attacking underachievers, the ÂŁ69m Nick Woltemade and the ÂŁ55m Yoane Wissa.
As Newcastle slumped to a 12th-placed Premier League finish Howeâs achievement in twice qualifying for the Champions League in three years and winning the 2025 Carabao Cup were virtually forgotten as he fought for his job.
PIF opted to offer him another chance but an underwhelming start could alter such thinking. The 10 league games before the second international break in November appear critical.
More immediately, Howe will discover whether GuimarĂŁes can be persuaded to forget Arsenal in exchange for a contract extension. Much hinges on whether the London club are prepared to pay top dollar â perhaps ÂŁ75m-plus â for a midfielder who turns 29 this year and precisely how awkward a captain intensely critical of Isakâs behaviour last summer makes things for his manager.
A sliding-door moment approaches.
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