OCK Posted June 14, 2023 Share Posted June 14, 2023 That's kinda why FFP is a joke, if you have the lawyers to nitpick at the legal wordings and charges it doesn't matter. Link to post Share on other sites More sharing options...
r0cafella Posted June 14, 2023 Share Posted June 14, 2023 Just now, OCK said: That's kinda why FFP is a joke, if you have the lawyers to nitpick at the legal wordings and charges it doesn't matter. FFP is obviously an absolute sham and is working exactly as intended. Link to post Share on other sites More sharing options...
TheBrownBottle Posted June 14, 2023 Share Posted June 14, 2023 27 minutes ago, r0cafella said: I’d be surprised if the actual law didn’t superseed a contract mind. Law always sits above a contract Link to post Share on other sites More sharing options...
TRon Posted June 14, 2023 Share Posted June 14, 2023 11 hours ago, Abacus said: Still, always interesting how FFP has been subverted from stopping clubs spending recklessly and possibly going bust, to stopping clubs spending money they actually have and want to spend, in case it threatens certain clubs who seemingly make the rules. Thing with that is, Man City are already in the henhouse now and seemingly unstoppable, as were Chelsea before. Ban them both and strip their titles, or let others compete on the same basis. Watching Man City parade to the title doesn't make for a great competition either, which is the PL's main global selling point. I'm actually all for us following FFP using realistic sponsorships etc, because at some point, a reckoning is coming. Yeah that's really a bit sickening. Link to post Share on other sites More sharing options...
madras Posted June 14, 2023 Share Posted June 14, 2023 Re the above and FFP, I've never understood why it's allowed for a club to rack up massive debts that count towards FFP that an owner can't pay off due to FFP regs but a takeover allows those debts to be written off and an FFP fresh start. Link to post Share on other sites More sharing options...
McDog Posted June 14, 2023 Share Posted June 14, 2023 (edited) Not sure if this was posted. Financial models broken down to categories of teams. They mention Newcastle is working toward a balanced approach of Internal vs External financing. https://theathletic.com/4605375/2023/06/14/premier-league-finances-make-money-how/ " Entirely reliant on external funding — ‘Build me a future’ Examples: Chelsea, Newcastle United The most talked about examples here would be Newcastle United and Chelsea. Both have low EBITDA (£27million for Chelsea; negative £24m for Newcastle) signifying weak to no internal cash generation. But both have wealthy owners flushing the clubs with money (pushing financial fair play to the limit) to rapidly strengthen on-pitch performance and create better internal cash engines for tomorrow. " "Newcastle United, by contrast, have been relatively measured post the takeover and are seeing steady improvement. The appointment of Eddie Howe was a clever one, and the signings have significantly enhanced the team. Newcastle’s top-four finish also positions them extremely favourably for further investment and growth." Edited June 14, 2023 by McDog Link to post Share on other sites More sharing options...
Orphanage Posted June 15, 2023 Share Posted June 15, 2023 https://twitter.com/NUFC360/status/1669455538927591424?s=20 Link to post Share on other sites More sharing options...
PauloGeordio Posted June 16, 2023 Share Posted June 16, 2023 16 hours ago, Orphanage said: https://twitter.com/NUFC360/status/1669455538927591424?s=20 That real? Link to post Share on other sites More sharing options...
Ghandis Flip-Flop Posted June 16, 2023 Share Posted June 16, 2023 1 hour ago, PauloGeordio said: That real? You’re gonna lose your mind when you watch Jurassic Park ? Link to post Share on other sites More sharing options...
TaylorJ_01 Posted June 16, 2023 Share Posted June 16, 2023 https://twitter.com/uglygame/status/1669639788658409472 Link to post Share on other sites More sharing options...
54 Posted June 16, 2023 Share Posted June 16, 2023 4 minutes ago, TaylorJ_01 said: https://twitter.com/uglygame/status/1669639788658409472 Amused me this Link to post Share on other sites More sharing options...
wormy Posted June 17, 2023 Share Posted June 17, 2023 Love a good AI. Link to post Share on other sites More sharing options...
Hudson Posted June 17, 2023 Share Posted June 17, 2023 https://english.alarabiya.net/views/2023/06/12/Newcastle-s-rise-to-the-Champions-League-is-a-case-study-in-strategic-leadership- Link to post Share on other sites More sharing options...
huss9 Posted June 17, 2023 Share Posted June 17, 2023 15 hours ago, 54 said: Amused me this we dont defend it and its not our job to. ffs. speak to your governments. Link to post Share on other sites More sharing options...
PauloGeordio Posted June 17, 2023 Share Posted June 17, 2023 Link to post Share on other sites More sharing options...
Wilson Posted June 17, 2023 Share Posted June 17, 2023 22 hours ago, TaylorJ_01 said: https://twitter.com/uglygame/status/1669639788658409472 All our fault and we all defend don't we? Idiots. Link to post Share on other sites More sharing options...
gdm Posted June 19, 2023 Share Posted June 19, 2023 Had a feeling shit like this would start appearing Link to post Share on other sites More sharing options...
BoSelecta Posted June 19, 2023 Share Posted June 19, 2023 Imagine if we buy someone like Gallagher at a perceived bargain price - people will really start to twitch. Link to post Share on other sites More sharing options...
nufc123 Posted June 19, 2023 Share Posted June 19, 2023 Why do the Newcastle owners get mentioned? Just as bad for us as its for the rest of the PL Link to post Share on other sites More sharing options...
clintdempsey Posted June 19, 2023 Share Posted June 19, 2023 It does feel a bit odd tbh that our majority owner is now bailing out Chelsea after their crazy spend. Doesn't really benefit us from my perspective. Link to post Share on other sites More sharing options...
clintdempsey Posted June 19, 2023 Share Posted June 19, 2023 Or maybe this is all a smoke screen and after unveiling a few quality players from the PL they sign Hendrick, Vilca, Darlow and Manquillo for half a billion quid. Link to post Share on other sites More sharing options...
Andy Posted June 19, 2023 Share Posted June 19, 2023 2 hours ago, clintdempsey said: It does feel a bit odd tbh that our majority owner is now bailing out Chelsea after their crazy spend. Doesn't really benefit us from my perspective. Developing their own league will be their priority, and probably the ultimate end goal. I don't believe they'll neglect Newcastle but I'd imagine our interests will be secondary when it comes to this sort of thing. Link to post Share on other sites More sharing options...
STM Posted June 19, 2023 Share Posted June 19, 2023 I find it bizarre that people think they are "helping" Chelsea. They are trying to attract "stars" to Saudi, in order to boost their footballing presence in the country. They are signing players from all over the place. It just turns out that Chelsea have more over paid shite on their books than most. Link to post Share on other sites More sharing options...
Hovagod Posted June 19, 2023 Share Posted June 19, 2023 I find it weird that they have been so quiet about their long term vision and plan. If this does bite us on the arse at some point, can the over-zealous Ashley boycott lot do me a favour and not get on my case about still going to games despite the owner? Because warning are going decidedly unheeded. Link to post Share on other sites More sharing options...
relámpago blanco Posted June 19, 2023 Share Posted June 19, 2023 Some posters on here are mental. I can't believe anyone is reading anything into this. Link to post Share on other sites More sharing options...
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