Unbelievable

https://www.capology.com/club/newcastle/salaries/

I think this would be useful to have a stab at after the window closes

The fact we don't know everything is true for a lot of things, including player transfers and injuries. Doesn't stop us discussing them.

Hi all, Checked with @Rich before starting this topic. Seeing as a few posters, including me, like to discuss the club's FFP/PSR discussion and others don't like this spilling over to transfer and player topics, let's use this thread for the financial side of our transfer business and keep the transfer and player threads reserved to footballing merits. This way the existing FFP thread can be reserved for general and other club related FFP discussion. To start things off, looking at our transfer business so far since 1/7 (2024/25 reporting period for FFP/PSR), using transfermarket and Capology numbers, we've: brought in Lewis Hall for a reported 28.3m on 7k/week (seems low?) Before 30/6 but still in this transfer window we did the following business (2023.24 reporting period for FFP/PSR in which we were compliant), which will affect PSR/FFP the coming years through amortisation (of transfer fees and signing on fees) and wages: sold Minteh for 30m (4,2k/week) sold Anderson for 35.4m (30k/week) Released Ritchie (45k/week), Karius (10k/week), Dummett (35k/week) and Hendrick (45k/week; did we really release him?) on frees brought in Vlachodimos for a reported 20,2m (no salary reported; player exchange with Anderson going for 35.4m) bought in Osula for a reported 10m (plus 5m in potential add-ons; wage not yet reported) brought in Kelly (for 150k/week) and Ruddy (no salary reported) on a "free" (signing on fee) Also relevant for the club's FFP/PSR position going forward, we've given Joelinton a new contract raising his salary from 85k/week to 150k/week, offset by lower amortisation due to extending the contract period by which his residual amortisation is divided. For reference, @timeEd32 did an excellent post on this topic earlier this window which explains that before the post 1/7 business our operational loss was looking like approximately 52m for the upcoming year 2024/25, that we need to stay below 105m combined losses for every 3 year consecutive period and below 70% of player cost/revenue for European competitions, which can be found below: Also, this is a useful infograph on how player amortisation works, especially in the context of contract extensions: We look like bringing in Guehi for a reported 60m and probably a >100k/week wage and hopefully a quality RW of similar stature. There is also talk of a Gordon contract extension (wage rise). What does all the above means for our FFP/PSR statement for the current period? Hard to know exactly, but what seems clear is that we need a major increase in commercial revenue over the next year and/or significant outgoing transfer business. Alternatively we may be gambling on the whole PSR/related parties nonsense getting binned due to the City case outcome, but this seems as yet uncertain. So let's discuss here, how are Newcastle Unites going to stay FFP/PSR compliant while progressing on the pitch? P.S. If this topic is not of interest to you and you have nothing meaningful to contribute, please stay out of this thread. Thanks in advance!

If none of the RW targets we really want is available I think we'll simply go with what we've got rather than go for a cheaper stop gap. It's what we've done in the previous five transfer windows.

One thing I don't quite understand is this covid allowance was apparently for 2022. We just closed the 2023/24 PSR period. I therefore would have expected this alleged PSR breach to already have affected the previous reporting period 2022/23, unless I am missing something. I have checked the Man U 2022 and 2023 annual reports and can't find anything about to a PL COVID related allowance of 40 odd million. Presumably the source for this alleged breach is in the non-public PSR statement clubs do to the PL directly. I wonder about the level of transparency towards other clubs (PL members) of these statements. In the 2023 annual report Man U have the following section on PSR, with the bolded bit an absolute pisstake if indeed the PL has granted them special allowances to stay within PSR while at the same time deducting "smaller clubs" points for their breaches: I hope other clubs give the PL hell for this, the Chelsea shenanigans and the obscure treatment of City's past breaches. It really does seem there is a set of rules for the big six and a set of rules for the others.

I can’t. Liverpool have a proper manager.

Absolute disgrace

Don't be silly

Aye, the job part was a bit over the top like. Guy clearly takes himself too seriously

Of all the shit that people post on Twitter every single day I've never considered info from someone who clearly has a source at the club as worthy of the label "sad cunt", but hey, we all have different things that make us cringe I suppose.

His source may be the same as yours?

We'd get similar callers from our support if this was Isak going to Arsenal or Bruno to City tbh. Perfectly normal to not want to lose your best players to clubs you'd like to see your club competing with.

Urgh

Schar without a doubt

Good post, although I'm not sure I agree with CB being a more important position than RW in terms of delivering our long-term vision. We do need a CB, but I would have said the profile could have been an understudy type rather than a first team player, whereas for RW that is obviously not really the case as it is a position where we need strengthening in order to add that one thing that is missing in our forward play, which is a bit of guile and consistent goals and assists from that side of the pitch. The reason I don't see CB as as high a priority short term is that Schar at 32 to me looks good enough for a first team place for a few years yet (bad injuries notwithstanding). He seems to look after himself really well physically and his overall game is much more dependent on vision rather than pace or strength anyway, which to me means he should be able to maintain his current level well into his mid thirties. Therefore I would have expected us to invest more heavily in the RW position than the CB position. That said, I trust the club to know better than me. I had similar reservations about Gordon and that didn't turn out too shabbily.

He did indeed reference a few new commercial deals coming in. However I can't see how that could bridge our substantial PSR gap. Maybe a few million per season more in it considering the sponsorship already in place, unless the City case blows up the related parties restrictions. We needed 60m this past end of June, in a year with CL but not the Adidas deal. Bring in Guehi and a RW without any substantial outgoings and we would almost certainly need similar by June next year.

For all the cries about journalist agenda's and need for clicks, I am not sure how it could even be denied by anybody who has had more than a cursory glance at our accounts that any money we spend bringing players in will have to be compensated by money coming in from outgoings? Unless we have some major new sponsorships lined up (which seems unlikely) it will be a matter of who leaves, not if players leave. Hopefully we can finally get rid of some deadwood for decent fees. Yes, yes, PSR is boring I know, but it is also a fact of life for NUFC.

Haven’t seen it, but I did see a video he did earlier this window about whether Osula should be their main forward to lead the line in the Championship, or one of their other two strikers. Seems like he genuinely doesn’t rate Osula that highly even if he sees potential. I think this is a common team that I’ve seen on one of their boards: he’s talented but yet to show real ability, and 10m would be a good fee for them. Guess similar to how the sale of Anderson is viewed on here. Let’s hope our scouting and player development team get it right and we manage to unlock that potential where Derby and Sheffield United so far couldn’t.

It's a fair question. I suppose clubs like Real Madrid happily turning a top player's head then telling them to wait until their contract has expired has made clubs needing to sell to progress a little more anxious about letting it come to the final year of contract.

This was my first impression as well. Would fit the Schar understudy profile.

Gotcha, thanks for explaining

I didn't know only entertaining topics could be discussed in the football section, my apologies.

I understand that outgoing fees (and wages) would be amortised and incoming fees would not, thereby dampening the effect of incoming vs outgoing. However, we have already heavily used that principle to get to where we are. Consider these figures: Our wages have gone up by 30m from 2023 to 2024. Our amortisation (fees for incoming transfers spread over contract duration) has gone up about 25m in the same period. Other expenses have gone up 10m. That is a cost increase of 65m per year, every year (until player is sold or contract extended). We're turning a massive operational loss of 70m per year with our current squad. That is before any new incoming transfers. A Guehi for 65m and on 140k/week would add 13m amortisation and 7m in wages, or 20m total every year for the next five years. A RW of the same level, another 20m every year for the next five years. Our yearly operational loss would then quickly rise to over 100m. On average we are allowed a 35m loss per year under PSR. So could you explain to me how we could continue to "spend vastly more than we bring in"? That is what we have done in the last 3 years to get to where we are today. I don't see how that is sustainable without massively increasing commercial revenue or player trading profit. What am I missing?

Your trust is deserved mate. I trust them too. The owners and management team have given us no reason whatsoever to think they have anything but the club's best interest at heart. At the start of next month we will now who has come and who has gone and what that means (or have a decent idea about what it means) for our squad, player trading position, amortisation and wages. Then we will have the January transfer window and the early next summer transfer window, and I am trying to say is that from what we currently know or can reasonably assume we cannot afford to spend the fees and wages for Guehi and a similar profile right winger (plus Osula) without a MAJOR increase in revenue from somewhere, be it an unexpected spike in commercial revenue, the sale of a half dozen of our fringe players for decent fees or the sale of a star player. What they actually plan to do to ensure PSR compliancy will probably be known much later than the end of next month. I trust them to make the correct decisions either way even if that means losing a player I'd love for us to be able to keep.