Newcastle Sporting Director Mitchell Addresses Club's Financial Challenges

Given the club's desire to avoid penalties for PSR breaches, Paul Mitchell acknowledges the need to carefully manage all expenditures.

He told Chronicle Live: "I think at the moment we've got to balance out the aggregate, because at the moment it's like 100 to 0 and I think we've got to find our position in the market where both of them attribute and feed each other, because every other club does that. 

"Sometimes I think people get a bit confused with 'big clubs don't sell players, they just buy players from the smaller clubs'. I think there's a lot of good learnings in Liverpool's practices. 

"Even this year if you look what Liverpool did, I don't think they lost a big one (player), but they did sell Fabio Carvalho at £25million and they did do the centre-back (Van den Berg) at £25m, that's still £50million and then you can fund a big one yourself.  

“So there has to be a more balanced approach, there has to be a more balanced model and there definitely has to be a more strategic approach here that we haven't had the last two and a half years.”