This is the big impact Brexit could have on Newcastle United's finances and transfers
Following the General Election, the UK have now left the customs union – and here’s what it come mean for Sunderland and fellow clubs throughout the Premier League and EFL:
TRANSFERS
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Hide AdBrexit will naturally affect transfers, especially when it comes to Newcastle trying to sign players from overseas.
Without free movement, EU nationals will now require a work permit to play in England - while previous rule caveat to the transfer rules which govern 16 to 18-year-olds and allowed them to switch between nations in the EU will be rendered defunct for teams in England.
That means Newcastle won’t be able to recruit youngsters from overseas as easily have they done in the past, and may focus clubs’ minds on developing local talent.
PREMIER LEAGUE EFFECT
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Hide AdTop flight clubs are also set to find there are extra hurdles in their way when it comes to bringing in players - which could in turn see them turn to lower league clubs to bring in domestic youngsters rather than overseas equivalents.
Some clubs have already seen their most promising youngsters pillaged by top flight sides in recent years, and that may only increase after Brexit.
This could signal a big change in focus for Newcastle as they look to secure young talent.
FINANCES
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Hide AdThis has been a concern for many clubs - and one which Burnley chairman Mike Garlick believes may come to fruition.
In an interview with the BBC, he suggested that Brexit could ‘threaten to make the widening inequality gap in our top division even worse’, meaning the chances of a club breaking into the top six could become even slimmer.
COULD THERE BE POSITIVES?
Former Cardiff boss Neil Warnock, however, feels Brexit could have some positive implications for teams in England.
“I can’t wait to get out of it, if I’m honest,” he said.
“I think we’ll be far better out of the bloody thing. In every aspect.
"Football-wise as well, absolutely. To hell with the rest of the world.”