£100m relief, Anthony Gordon shock and exciting targets - Newcastle's early transfer verdict

We may only be in the first week of July but Newcastle's summer transfer window has already been packed full of twists and turns - both in terms of incomings and outgoings.

The Magpies have already announced three summer signings but they have also sanctioned the sale of two young stars and the release of five first team stars.

But with just under two months remaining in the transfer market, there is a feeling that Newcastle's summer transfer business is only just beginning. With that in mind, Chronicle Live has looked at United's key business so far and passed verdict on how the Magpies have performed in the transfer market.

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Newcastle avoid Bruno Guimaraes sale

One of Newcastle's immediate concerns in this summer's transfer market was the fact their star midfielder Bruno Guimaraes had a £100million release clause in his contract that expired at the end of June.

However, that deadline has now passed and he remains a Newcastle player, despite reported interest in the Brazil international from the likes of Man City, Arsenal and PSG.

Newcastle are now out of the woods yet but now have more control over the future of a player they will not want to lose in the heart of their midfield.

Verdict: Good

PSR chaos causes Anthony Gordon headache

The Magpies faced a mad scramble last weekend to ensure they did not fall foul of the Premier League's profit and sustainability rules amid last Sunday's June 30 deadline.

Newcastle, like all Premier League clubs, are allowed to make losses of up to £105m over a rolling three-year period and there was concerns they would fall foul of those rules in the last profit and sustainability cycle.

Amid their frenzied bid to trade players to overcome that financial shortfall, Anthony Gordon was offered to Liverpool in a move which stunned Newcastle fans.

The package, which included defender Jarell Quansah moving to St James' Park, was turned down by the Reds but the damage had already been done.

In the end, Newcastle managed to sell Elliot Anderson to Nottingham Forest and Yankuba Minteh to Brighton and those sales, coupled with the compensation package they agreed with Manchester United for the departure of sporting director Dan Ashworth, ensured the Magpies were compliant with PSR.

But reports have suggested Gordon's head has been turned by the transfer developments. Newcastle do not want to lose last season's Player of the Year and repair work will need to be done when he returns from EURO 2024 to avoid any further transfer interest unsettling the 23-year-old winger.

Verdict: Not so good

Lloyd Kelly deal answers Eddie Howe plea

Newcastle head coach Eddie Howe has been public with his desire to get the club's transfer business completed as efficiently as possible.

So the fact they tied up a deal for Bournemouth defender Lloyd Kelly on a free transfer before the first team squad return to pre-season training next week would have left him delighted.

Newcastle almost signed Fulham centre-half Tosin Adarabioyo on a free transfer, too, before he opted to join Chelsea. That would have been the icing on the cake for Howe but the fact a player who will be key to his plans next season is already through the door is a huge positive.

Verdict: Excellent

Goalkeeper reshuffle

Newcastle announced the signing of two goalkeepers earlier this week and it means the make-up of the club's goalkeeping department will look a lot different.

Nick Pope will remain Newcastle's number one but he will now be competing with Odysseas Vlachodimos and John Ruddy, who were signed from Nottingham Forest and Birmingham City respectively.

Mark Gillespie has signed a new one-year contract to remain United's fourth choice goalkeeper, while Loris Karius has left the club on a free transfer.

It means Martin Dubravka will almost certainly leave Newcastle this summer amid interest from Celtic and clubs in the Bundesliga and the Saudi Pro League.

The arrivals of Vlachodimos, who ended the season as Nottingham Forest's third choice goalkeeper, and Ruddy, who is 37 years of age, are nowhere near as exciting as links to Valencia goalkeeper Giorgi Mamardashvili and Burnley goalkeeper James Trafford. As such, the jury is well and truly out over whether the goalkeeping unit is in a stronger position now than it was at the end of last season.

Verdict: Jury is still out

The Paul Mitchell era begins amid exciting transfer priorities

Now Ashworth's departure has been confirmed, Newcastle wasted little time in announcing Paul Mitchell as his replacement as the club's new sporting director.

The former MK Dons, Southampton, Tottenham, RB Leipzig and Monaco sporting director arrives with a big reputation and his data-led recruitment model could see Newcastle secure some huge transfers this summer.

The Magpies are in the market for a new centre-half and a new right-winger, with Jarrod Bowen's name among the exciting options raised in recruitment meetings, while a forward could also be signed. In a summer of change, there is optimism Mitchell's fresh approach to recruitment will help Newcastle reach the next stage of their development.

Verdict: Cautious optimism