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PIF and RB Sports & Media - Darren Eales to step down from CEO after being diagnosed with blood cancer.


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1 minute ago, gbandit said:

Pull the ladder up, boys 


Yep, can’t create a Super League but this will ensure the CL is as good as being a closed shop as you can get.

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3 minutes ago, Jack27 said:

Not just infrastructure but woman’s, youth and community football all no longer exempt. Shambles. 


Yeah, this. Just a cartel at this point. Kills any hope of a non-established team becoming a big player.

 

 

Edited by McCormick

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Good for the top clubs that already have state of the art setups. If it was difficult for other clubs to compete with the big clubs for players before,  then it will be even more difficult now. Wheelie bins it is for the rest of the future then.

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1 hour ago, The Prophet said:

 

Good thread on the new football financials coming into play.

 

Very interesting. Potentially good news for us I think, especially the part where a lot of clubs will have to squeeze their wages down to 70% of revenue and further allowances for owner covered equity investment.

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Just now, Optimistic Nut said:


Yep, can’t create a Super League but this will ensure the CL is as good as being a closed shop as you can get.

 

this. it's an absolute joke. 

 

what is funny, is that when we finally break into the top 4 through fantastic signings (bruno, 81m back 5, Eddie Howe, DOF, CEO etc) we will get the "how could they not with the money they have?!"

 

Just like the media couldn't fail to mention we spent 80M in January to jump from 19th to mid-table....

 

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If they’re including infrastructure, this is going to shaft us going forward? Talk about constantly moving the goalposts. It’s all fine for those clubs who’ve already invested heavily in new training grounds of course.
I can only assume Everton will be in dire straits, with the huge cost of their new stadium.

 

 

Edited by NUFC_Chris

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2 minutes ago, NUFC_Chris said:

If they’re including infrastructure, this is going to shaft us going forward? Talk about constantly moving the goalposts. It’s all fine for those clubs who’ve already invested heavily in new training grounds of course.
I can only assume Everton will be in dire straits, with the huge cost of their new stadium.

 

 

 


Hopefully they go down this season.

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Something needs to be done about runaway fees for players and see if any of this does help, but of course it is watered down and engineered to make sure the likes of us can't spend. It's rather telling that in all reforms of clubs to make sure they don't go under from overspending, not one proposal ever has something about requiring clubs to have some responsibility to their fans, such a spot on the board for fan representation at the very least. 

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We will be fine, it will slow things down no doubt but I imagine there is a lot of low hanging fruit to get added revenue into the club to balance the books, years of neglect under ashley means it's not like our earnings potential had previously been maxed out

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31 minutes ago, Jack27 said:

Not just infrastructure but woman’s, youth and community football all no longer exempt. Shambles. 


‘However, it is worth noting that certain expenses that could previously be excluded from the FFP calculation can no longer be deducted. This covers money spent on youth football, infrastructure, community and women’s football.’

 

Yep, this is a bit of a blow 

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FWIW, I don't think this will stop Newcastle at all, because the double edge sword of the whole money and power thing is that Newcastle have the most money and will be able to weild the most power as a result. Then that monopoly at the top will essentially start whinging about how it was only okay to act in this way when they were doing it and now that it's being done to them it's unfair. With most of these things, they've created their own eventual downfall.  

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The sustainable way for any club to progress is to invest in facilities, infra and youth development. It's how you grow a club to make more money, establish a brand and become self sufficient in terms of player development. 

 

There should no no regulations of any of that because it's all good for football and the game. If a club overspends on those things or moves too quickly they will feel the pinch financially and it limits their competitiveness in the transfer market. It basically self regulates.

 

Really feels like pulling up the draw bridge and basically saying nobody is allowed to progress at all.

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