Odysseas Vlachodimos medical today ahead of signing for La Liga club – Report | OneFootball

Odysseas Vlachodimos travelled to Spain on Thursday night.

The Newcastle United goalkeeper will today have his medical with Sevilla.

Sky Sports reporting that the 31 year old goalkeeper has agreed a season-long loan deal with the La Liga side.

Odysseas Vlachodimos didn’t play a single Premier League minute of football for Newcastle last season and indeed, how only first team football was when coming on as a sub when Martin Dubravka got injured in the 1-0 League Cup win over AFC Wimbledon.  The Greek international with a 100% clean sheet record for United…

The goalkeeper arrived as part of the necessary double PSR swap deal on 30 June 2024 that saw Elliot Anderson head the other way.

A week and a half ago this explanation (see below) was published on The Mag, explaining why even if somebody wanted to buy Odysseas Vlachodimos, at this moment in time that would actually make Newcastle’s PSR position worse!

The Mag report on Odysseas Vlachodimos and the  PSR issues – 28 July 2025:

‘A true Greek tragedy.

The Newcastle United hierarchy got the club in such a mess 13 months ago, to stay inside PSR limits (for both clubs), an inflated (at the time) £35m was paid by Forest for Elliot Anderson, whilst they (Forest) wouldn’t let us have Elanga or anybody else we wanted, so NUFC ended up having to give Forest a very inflated £20m for a keeper who had cost Forest £7m a year earlier and had only managed a handful of games where he failed to impress.

No official confirmation of the length of his contract but it was reported in the media as having been a five year deal United agreed to.

All of this for PSR purposes and clearly no interest in playing Vlachodimos. He came on as a sub when Dubravka got injured in the League Cup v AFC Wimbledon, so ‘helping’ us win a first trophy in 56 years!

I hear fans and even some journalists talking about Newcastle cutting their losses and selling Vlachodimos, get a few quid back for him. That is not going to happen, at least not any time soon.

Remember, his transfer (and that of Elliot Anderson) was all about the PSR.

The vast majority of the £20m Forest received, went straight into the accounts, reducing the losses that season by probably around £16m or £17m.

The initial and essential benefit for Newcastle United though, was that whilst they could put an instant £35m for Anderson into their three year PSR accounts to reduce the losses by that amount, it at the same time left a big ongoing issue.

It was reported that Vlachodimos signed a five year contract, so that means for PSR purposes his £20m transfer fee is spread (amortised) over the five years at £4m per season.

In rough terms, his book value goes down by £4m per season. So after one year the keeper’s book value is £16m, after two years £12m, after three years £8m, after four years £4m, then £0 after five years.

Where the book value is so important at any time, is if you sell the player. Odysseas Vlachodimos has been here 13 months, so if he did cost £20m and he has a five year contract, his current book value will be somewhere between £12m and £16m. For arguments sake, say his book value is currently £16m and you sold him now for maybe £4m at most, he would then go into the 2025/26 season accounts as a £12m loss (£16m current book value, less what he was sold for). Basically, that would be a big negative when it comes to PSR.

When you look at all these useless massively overpriced players that Man U have bought in recent years, such as Antony, Hojlund, Sancho and so on. This is a major reason they can’t just cut their losses after a year or two and get rid of them, not when they are on five year contracts and it would be a massive hit to their PSR position.

Bottom line is, in my opinion, Odysseas Vlachodimos can’t be sold at the moment by Newcastle United as it would be a big PSR hit. So he either hangs around as third or fourth choice keeper, or goes out on loan.’