Simon Jordan absolutely nails it on Newcastle United and issues facing Saudi PIF

Simon Jordan has explained why he "feels sorry" for Newcastle United and our ongoing battles with PSR and APT rules that continue to impact our ability to spend, describing the Premier League as "anti-competitive."

Speaking on talkSPORT, the former Crystal Palace owner discussed the flawed financial rules holding back our Saudi owners, admitting it is 'going to be difficult' to compete with the likes of Manchester City and Chelsea with the current rules in place, despite Eddie Howe’s best efforts.

In his summary of Newcastle and Howe's position, Jordan labeled the Premier League's rulings as "ridiculous" after seeing both Man City and Chelsea allowed to spend and spend following their respective takeovers.

Watch the full clip below, where Jordan makes a number of valid points on our current predicament as a club:

https://twitter.com/NUFCblogcouk/status/1851569138612793708

The club will simply never be able to catch up to these 'big teams' unless there is a change in the PSR rules and, like Jordan said, if it is sustainability that they are so keen to ensure, then what could be better than having a sovereign wealth fund supporting the club?!