JonBez comesock Posted January 16 Share Posted January 16 Just now, nufcnick said: It’s far worse, with UEFAs model, You’re able to spend 90% of your turnover on wages and amortisation(transfer fees) but that will drop from 90% to 70% over a number of years. It will mean those at the top will never be troubled by the likes of us or Villa as they will always be able to spend more on wages and transfers. #closedshop Link to post Share on other sites More sharing options...
JonBez comesock Posted January 16 Share Posted January 16 Surely all premier league clubs won’t vote for this ? As even the alleged big six (man United / Chelsea) no close to the limits too ? Would like to think 14 club vote against it ? if it goes to a vote ? Why would majority want even tighter restrictions? Link to post Share on other sites More sharing options...
Dr Jinx Posted January 16 Share Posted January 16 You’d think voting against that rule change on loans would see us do some sort of business there this month. Really odd that we haven’t. Link to post Share on other sites More sharing options...
Fezzle Posted January 16 Share Posted January 16 16 minutes ago, JonBez comesock said: We are already at 95% 74% the last years accounts Link to post Share on other sites More sharing options...
Fezzle Posted January 16 Share Posted January 16 1 minute ago, Dr Jinx said: You’d think voting against that rule change on loans would see us do some sort of business there this month. Really odd that we haven’t. Not odd at all when we never wanted to do them Link to post Share on other sites More sharing options...
nufcnick Posted January 16 Share Posted January 16 14 minutes ago, JonBez comesock said: Surely all premier league clubs won’t vote for this ? As even the alleged big six (man United / Chelsea) no close to the limits too ? Would like to think 14 club vote against it ? if it goes to a vote ? Why would majority want even tighter restrictions? Why would they vote against it, you have the sly6 who would vote for it, then you have at least 8-10 teams that are happy just to stay on the PL gravy train, with no intention of trying to compete with the sly6 so they would vote for it, you only have Us, Villa, Forest, Everton(new owners might be happy with the gravy train now) and Wolves that have the money and want to compete Link to post Share on other sites More sharing options...
JonBez comesock Posted January 16 Share Posted January 16 7 minutes ago, nufcnick said: Why would they vote against it, you have the sly6 who would vote for it, then you have at least 8-10 teams that are happy just to stay on the PL gravy train, with no intention of trying to compete with the sly6 so they would vote for it, you only have Us, Villa, Forest, Everton(new owners might be happy with the gravy train now) and Wolves that have the money and want to compete Mmmm Sure Arsenal and Man United currently up against FFP now Threshold is to low for some of the corrupt 6 Link to post Share on other sites More sharing options...
The College Dropout Posted January 16 Share Posted January 16 Most clubs in this division want the PL to become a shop with revolving doors. They don't want us (or Villa or Everton or whoever) to succeed because they want 14 other clubs that could be relegated, not 13. They also want it to be as difficult as possible for clubs coming up for the first-time in awhile to stay in the division. Forest's approach was mental but they wanted to stay up and spent to ensure. The other PL clubs don't want newcomers doing a Forest and staying up. They want yo-yo teams only. Link to post Share on other sites More sharing options...
Ghandis Flip-Flop Posted January 16 Share Posted January 16 42 minutes ago, Dr Jinx said: You’d think voting against that rule change on loans would see us do some sort of business there this month. Really odd that we haven’t. Think that whole situation was a deliberate bait and switch, to build evidence around rules specifically being introduced to hamper us. Rather than any actual desire to loan players from Saudi Link to post Share on other sites More sharing options...
BShearer Posted January 16 Share Posted January 16 status quo, thats all FFP about. it is just painted as a "fair play" fake ethos, but nothing fair about it. there are many things can be done to prevent clubs go to administration but under FFP you can easily get into administration due to dodgy owners without actually overspending. but thats ok under FFP. what is not OK to have ambition to take on the red tops and Spurs and take away important CL places from them. Leicester won the league within two years most of their best players ended up at top6 clubs. Mahrez, Kante, Drinkwater, Maguire etc. at least they saw good incomes for them. thats what top clubs wants if someone challenges them from the outside at least they quickly rip them apart. thats the plan with Brighton as well who are punching above their weight but will face constantly poached their talent they built up from peanuts spending s simply they cant match salaries and offer same trophy chances as top6 clubs. they are shitscared of Newcastle who already took a CL place front of Liverpool last season, no wonder all the delay and blocking the takeover not long ago. and we can see through FFP limits that we may need to wait years before being back in CL which is may not be what our players want especially the ones we want to sign to really improve us. will Isak, Bruno, Botman, Tonali etc stick around if we have no CL for next 2 seasons if they have offers from CL clubs for even higher salaries? thats the whole point of status quo. it is brutally hard under FPP to grow both commercially and sporting wise we would almost would need constant top class transfer windows with all signings to be a hit, never a flop, certainly not an injury nightmare like this season and still hoping 2-3 rivals for CL places will heavily underperform at the same time with their much stronger/expensive squad while we overperform. Link to post Share on other sites More sharing options...
Mag3.14 Posted January 16 Share Posted January 16 3 hours ago, JonBez comesock said: We are already at 95% So technically couldn’t sign anyone though - if it has to be 70% of wages / turnover Obviously Sela / Adidas / Champions league money to add on will bring us closer to 70 Wages/Turnover (22/3) ratio is down to 75% from last years 95% Link to post Share on other sites More sharing options...
Geogaddi Posted January 16 Share Posted January 16 https://theathletic.com/5197880/2024/01/16/newcastle-united-al-rumayyan-pif/ Yasir Al-Rumayyan, the chairman of Newcastle United and LIV Golf, faces being sued for allegedly “having carried out the instructions” of the Saudi Arabian Crown Prince Mohammed Bin Salman (MBS), with “the malicious intent” of “harming, silencing and ultimately destroying” the family of the country’s former intelligence chief, Dr Saad Aljabri. The claims are made in legal papers that were dispatched to Al-Rumayyan at multiple high-profile locations — including St James’ Park, Newcastle United’s home stadium, during the second week of January. Link to post Share on other sites More sharing options...
gbandit Posted January 16 Share Posted January 16 Typically grim stuff unfortunately. Fuck knows where the truth lies in it all but I can’t imagine there are many people in positions of power in KSA whose hands are clean Link to post Share on other sites More sharing options...
JonBez comesock Posted January 16 Share Posted January 16 6 minutes ago, gbandit said: Typically grim stuff unfortunately. Fuck knows where the truth lies in it all but I can’t imagine there are many people in positions of power in KSA whose hands are clean Same with most multi billionaires to be honest Still grim agreed Link to post Share on other sites More sharing options...
JonBez comesock Posted January 16 Share Posted January 16 2 hours ago, Mag3.14 said: Wages/Turnover (22/3) ratio is down to 75% from last years 95% UEFA limit is 70% So still not ideal Same situation Need more sponsors / income/ turnover in order to spend / pay decent wages chicken / egg Link to post Share on other sites More sharing options...
BennyBlanco Posted January 16 Share Posted January 16 38 minutes ago, Geogaddi said: https://theathletic.com/5197880/2024/01/16/newcastle-united-al-rumayyan-pif/ Yasir Al-Rumayyan, the chairman of Newcastle United and LIV Golf, faces being sued for allegedly “having carried out the instructions” of the Saudi Arabian Crown Prince Mohammed Bin Salman (MBS), with “the malicious intent” of “harming, silencing and ultimately destroying” the family of the country’s former intelligence chief, Dr Saad Aljabri. The claims are made in legal papers that were dispatched to Al-Rumayyan at multiple high-profile locations — including St James’ Park, Newcastle United’s home stadium, during the second week of January. Put this entire season in the bin. Can’t be arsed with it anymore. Fully expecting to lose half the playing squad, the entire backroom staff and 3/4’s of SJP in a fucking gas explosion next. Link to post Share on other sites More sharing options...
Miggys First Goal Posted January 16 Share Posted January 16 They’re going to sell up and Ashley is going to buy us at a knockdown price. Link to post Share on other sites More sharing options...
Conjo Posted January 16 Share Posted January 16 Just now, Miggys First Goal said: They’re going to sell up and Ashley is going to buy us at a knockdown price. Link to post Share on other sites More sharing options...
Isaksbigrightfoot Posted January 16 Share Posted January 16 On 15/01/2024 at 08:31, GeordieT said: I’m a subscriber so will post a few choice excerpts later today, it’s an illuminating read as usual. On FFP, his suggestion is this season might have been closer than anyone else previously had imagined: “PIF inherited a pretty solid FFP position from Ashley, as the former owner’s tightfisted approach to spending meant that they had a fair amount of wriggle room. In fact, I estimate that they were £109m better than the £105m maximum allowed loss over the three-year monitoring period up to 2021/22 (including the single period average of the COVID-impacted 2019/20 and 2020/21 seasons). However, the FFP monitoring period is a moving target, so the 2022/23 calculation dropped the £41m 2018/19 profit, replacing it with last season’s £73m loss, i.e. a negative swing of £114m. After making deductions for “healthy” expenditure (infrastructure, academy, community and women’s football) and COVID losses, I reckon that Newcastle were still just about within target, but it must have been mighty close”. This explains why we are not spending and probably won’t unless we sell. It is highly likely we sell Bruno you know. The income would hit FFP instantly swinging it 100m and allow us to buy two or three players. Would you want that all? Link to post Share on other sites More sharing options...
Shearergol Posted January 16 Share Posted January 16 18 minutes ago, Isaksbigrightfoot said: This explains why we are not spending and probably won’t unless we sell. It is highly likely we sell Bruno you know. The income would hit FFP instantly swinging it 100m and allow us to buy two or three players. Would you want that all? We'd sign 3 top class players and they'd all be injured within a day. Link to post Share on other sites More sharing options...
SAK Posted January 16 Share Posted January 16 1 hour ago, Geogaddi said: https://theathletic.com/5197880/2024/01/16/newcastle-united-al-rumayyan-pif/ Yasir Al-Rumayyan, the chairman of Newcastle United and LIV Golf, faces being sued for allegedly “having carried out the instructions” of the Saudi Arabian Crown Prince Mohammed Bin Salman (MBS), with “the malicious intent” of “harming, silencing and ultimately destroying” the family of the country’s former intelligence chief, Dr Saad Aljabri. The claims are made in legal papers that were dispatched to Al-Rumayyan at multiple high-profile locations — including St James’ Park, Newcastle United’s home stadium, during the second week of January. It’s a civil case not a criminal one so nothing of any consequence with regards to us. Link to post Share on other sites More sharing options...
Scotty66 Posted January 16 Share Posted January 16 (edited) 5 minutes ago, SAK said: It’s a civil case not a criminal one so nothing of any consequence with regards to us. But if found "guilty" then surely that would open the doors to anyone being able to proceed with a criminal case which would be a massive massive problem for us? Edited January 16 by Scotty66 Link to post Share on other sites More sharing options...
KingArthur Posted January 16 Share Posted January 16 It is a civil case in Canada. How is it possible to put a claim about things that happened in Saudi Arabia in Canadian court? We all know that KSA is a shithole country and that story also proves MBS is a despot with no regards for human rights. MBS claims this guy embezzled money and he claims they did all kinds of nasty stuff to his family. God knows what is truth here.. Link to post Share on other sites More sharing options...
SAK Posted January 16 Share Posted January 16 (edited) 1 hour ago, Scotty66 said: But if found "guilty" then surely that would open the doors to anyone being able to proceed with a criminal case which would be a massive massive problem for us? No legal expertise but the burden of proof for a civil case is lower than for a criminal case and the remedy is normally awarding damages hence the complainant is suing for money. If there was proof of criminality why not lodge a criminal case in Saudi Arabia. I accept that may be difficult considering who Yasir is and his position in the Saudi regime and the complainant fled to Canada with the Saudi government claiming he misappropriated funds. Edited January 16 by SAK Expanded response. Link to post Share on other sites More sharing options...
Mag3.14 Posted January 16 Share Posted January 16 3 hours ago, JonBez comesock said: UEFA limit is 70% So still not ideal Same situation Need more sponsors / income/ turnover in order to spend / pay decent wages chicken / egg UEFA's 70% limit is from 2025/26 season - For 2023/24 is 90%, next season is 80% so we're under Link to post Share on other sites More sharing options...
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