June's PSR madness summed up perfectly as fee Newcastle paid for new goalkeeper is revealed

Newcastle United were one of a few clubs making crazy deals on the final day of June as the deadline for the new reporting year of Profit and Sustainability Rules loomed.

It has been revealed that Newcastle had to make up around £60million in order to be compliant with the PSR three-year loss limit and by selling Yankuba Minteh to Brighton for £33million, Elliot Anderson to Nottingham Forest for £35million and finally allowing Manchester United to take Dan Ashworth off our hands for an undisclosed fee, the club avoided the likelihood of a points deduction next season.

However, in that flurry of activity, Newcastle were able to add to their squad by bringing in Odysseas Vlachodimos from fellow PSR-threatened Nottingham Forest.

A fee was never released, so we had no idea what the goalkeeper deemed so bad by Nottingham Forest that they replaced him with Toon flop Matz Sels actually cost Newcastle. Until now.

Newcastle United paid £20million for Odysseas Vlachodimos

We had assumed it would be a sub £10million figure, perhaps even half that, but we could not have been more wrong.

We did wonder why a Nottingham Forest fan was claiming that Elliot Anderson only cost them £15million on X the other day, and now we know.

Finance expert and Fair Game advisor Chris Weatherspoon noted on X that, as had been hinted at in The Athletic, Odysseas Vlachodimos cost Newcastle United around £20million.

We really want to be wrong about Vlachodimos

We get the deal was done as a quasi-swap agreement to work around PSR, but for £20million was there not somebody better than Vlachodimos we could have got?

Okay, we're being unfair. We've not seen Vlachodimos in action for us yet and prior to going to Forest he actually had a pretty decent record, but we just struggle to reconcile the fact he was dropped by Forest and replaced with one of the worst 'keepers ever to pull on a Newcastle shirt with him costing us £20million.

That being said, we have our spoons at the ready to get stuck into some humble pie if he turns out to be awesome. Although to see that, it would likely mean something bad has happened to Nick Pope again, and we'd rather that not happen, thanks.