- Newcastle’s £30m setback as William Osula’s Frankfurt switch collapses — explained
What Was On the Table
- On the final day of the transfer window, Newcastle United were close to selling young striker William Osula to Eintracht Frankfurt for around £30 million, in a deal that included a loan component with an obligation to buy.
- Aston Villa were also interested in signing Osula, having supposedly reached an agreement for the deal.
Why the Deal Collapsed
Several factors combined to cause the collapse:
- Obligation to Buy Terms
- The move to Frankfurt involved a loan with an obligation to buy. However, reports suggest that the fixed terms (loan fee + buy clause) were considered too risky / too high by Frankfurt.
- Frankfurt later explained that the parameters weren’t right by the deadline: costs, risk, and the overall package weren’t acceptable.
- UEFA Rules / Accounting Constraints
- Aston Villa were prevented from completing their bid due to financial/accounting regulations. When Villa sold Jacob Ramsey to Newcastle earlier that window, any subsequent deal involving Osula would have been seen as a “swap” under UEFA / Premier League accounting rules.
- Those rules would reduce the profit Villa made from Ramsey’s sale if they then bought Osula for a large sum, affecting their financial reports and potentially violating rules that govern club spending / profit & sustainability.
- Late Deadline Pressure and Changing Terms
- Deals on deadline day often shift quickly; in Osula’s case, conditions kept altering (fees, clauses). The willingness from both sides was there, but as the day progressed some terms proved unworkable.
- Newcastle also wanted to retain Osula as backup, especially after signing other strikers, so letting him go carried additional risk.
Aftermath & What It Means
- Osula stayed at Newcastle, now further down the pecking order following the club’s purchases of Yoane Wissa and Nick Woltemade.
- Eddie Howe (Newcastle’s manager) has said Osula has continued to train hard and show good attitude despite the transfer drama.
- Frankfurt may revisit signing him in January under better conditions.
Key Takeaway
Newcastle technically missed out on cashing in ~£30 million this window due to two overlapping issues:
- Frankfurt backed out because the financial package demanded was too steep under the terms on offer.
- UEFA / accounting rules blocked Aston Villa from going ahead with their bid due to earlier business with Newcastle.
So the collapse wasn’t simply about lack of interest — it was down to financial & regulatory constraints, and deal structure disagreements, especially in the high-pressure, tight timing of deadline day.

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