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Rafa Benítez (now unemployed)

Greg

by Greg
in Football

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Would you have Rafa back?   

463 members have voted

  1. 1. Would you have Rafa back?

    • Yes, as manager, immediately
      101
    • Yes, as manager, but at some point in the future (eg if relegated)
      97
    • Yes, in an advisory or DoF role
      74
    • No, not in any meaningful capacity
      132

This poll is closed to new votes


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Colos Short and Curlies

Colos Short and Curlies

Posted
Posted

Cracking the Top Six next season should be very possible for a well-run club.

 

If Chelsea's transfer ban sticks and they appoint Lampard then one spot is possible. Man Yoo have every chance of going over a cliff with Ole at the wheel, with transfer upheaval certain. Who is going to buy the replacements for Herrera, Mata, possibly Pogba and Martial and upgrading at least some of the middling dross. Arsenal need a few key upgrades, so they are no certainty for fourth spot.

 

There's every chance Rafa could get this season's team into the top four next with no more than three additions.

 

If, if, if...

 

ah,,,wut

 

Aye wont be us, but it is (albeit before any summer activity) looking like a season where a Wolves or similar team can get very close to the top 4 simply as there is a bit of turmoil on the horizon at more than just a couple of the usual suspects

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AyeDubbleYoo

AyeDubbleYoo

Posted
Posted

Does anyone have a relatively simple answer to how much money the new owners (if we get them) would be able to invest in the club without running into issues with FFP?

 

No :lol:

 

I guess they have to be really good at inflating things like sponsorship deals and other legitimate income, but not so much that anyone notices.

 

That said, I'm not sure we really need them to break FFP.

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James

James

Posted
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I suppose the solution is as it is a 3 year period to spend as much as possible Year 1 then use future new commercial deals and player sales to fund future years (which may have to be more frugal)

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LoveItIfWeBeatU

LoveItIfWeBeatU

Posted
Posted

Does anyone have a relatively simple answer to how much money the new owners (if we get them) would be able to invest in the club without running into issues with FFP?

 

https://www.chroniclelive.co.uk/sport/football/football-news/how-new-owner-could-transform-16345080

 

How a new owner could transform Newcastle United and stick to Financial Fair Play rules

Newcastle United would not have to worry about Financial Fair Play rules, and here's why

 

By Dean Rudge

08:00, 29 MAY 2019

 

If reports are to be believed, Mike Ashley is preparing to draw a line under his tumultuous 12-year stewardship of Newcastle United by negotiating the sale of the club to Sheikh Khaled bin Zayed Al Nahyan of the United Arab Emirates for £350million.

 

Indeed, the Bin Zyayed Group has released a statement confirming they had “agreed terms,” but thus far there has been nothing from the club itself.

 

Indicative of the frenzy that has ensued since, there has been a surge in bets for world-class players that would cost tens of millions of pounds -  Kylian Mbappe and Gareth Bale among them - to join the club.

 

But how would the new owner fund such moves, and how would it affect Newcastle’s ability to comply with Premier League Financial Fair Play (FFP) rules?

 

Under the Premier League’s Profitability and Sustainability rules, teams are punished if their losses exceed £105million over a three-year period - and if, that is, they have the owner’s backing to underwrite these losses.

 

If a club cannot guarantee losses against the owner’s assets, then losses are capped at £5million a season - or £15million over three years.

 

According to Newcastle’s latest accounts, for 2017/18, the club had earnings before interest and tax (EBIT) of £21.2million - a swing of almost £70million from the £48.7million loss before interest and tax reported in the Championship.

 

Under the Premier League rules, each year a team is outside of the Premier League deducts £22million from the ceiling of total losses - meaning Newcastle may in fact lose £83million from 2016-19, having been in profit before 2016.

 

Therefore, the club are in relatively healthy shape to embark on a spending spree, for 2019/20 at least, if the resources are available and the profit and loss statement is along similar lines for 2018/19 as last season.

 

Newcastle’s spending since last summer has been relatively modest, as the fans well know, so there should be plenty of headroom to spend while keeping within the constraints of FFP.

 

A slight complicating factor is the other set of FFP rules: the Short-Term Cost Control rules, linked to a club’s spending on wages.

 

Any club with a wage bill above £81million in 2018/19 is prohibited from increasing the bill by more than £7million unless the money comes from either non-broadcasting money - such as ticket sales or new sponsorships - or from player sales.

 

It was this rule which was rumoured to have hamstrung Arsenal in 2018/19, but it’s difficult to say exactly what effect - if any - it will have on Newcastle.

 

In terms of the Bin Zayed Group’s cash, he is free to put as much as needed in, either in the form of loans (which are usually interest free from a club owner, like those Ashley has provided) or as equity through a share issue.

 

Last season, for example, a £10million loan from Ashley was repaid in full across the season; the year before, Ashley, during Newcastle’s time in the Championship, gave the club £15million in total to stay afloat.

 

Ashley’s outstanding loans from his time with Newcastle were £144million as of 30 June 2018, although the club has since revealed that a £33million short-term loan forming part of that amount has been fully repaid.

 

Everton’s owner, Farhad Moshiri, has shown his commitment to Everton since his takeover by providing interest-free loans worth more than £249million to help fund the complete rebuilding of the squad.

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TRon

TRon

Posted
Posted

He must be slightly concerned if the potential new owners might have another manager in mind long term. Meanwhile, his talks with the club are bound to be affected, not to mention his plans for squad building.

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Guest

Guest

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Posted

Wonder if last week’s face to face meeting was more a case of Ashley thanking him in person and letting him know the takeover craic?

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