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Financial Fair Play / Profit & Sustainability


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1 minute ago, gbandit said:

Newcastle United training kit sponsored by Nexus. Free metro travel for all the players and senior staff. We made it lads and lasses 

"Today's match KO has been delayed. The players are stuck at South Gosforth awaiting replacement buses" 

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Just now, JT24 said:

I do fully expect them to get away with the new ATP laws mind. Something about nothing good ever happening for Newcastle that sits deep in me. 


This is against the laws of the country nothing to do with Newcastle. 

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Just now, et tu brute said:


This is against the laws of the country nothing to do with Newcastle. 

I never said my thinking was rational, to be fair. 

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2 minutes ago, JT24 said:

I do fully expect them to get away with the new ATP laws mind. Something about nothing good ever happening for Newcastle that sits deep in me. 

Exactly, what page do you recon before we realise this won't benefit us one bit. Not getting my hopes up again

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17 minutes ago, FloydianMag said:
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With this clarification, it is plain that bill is likely to be handed largely to the Premier League, believed to total in excess of £20million. It is not passed directly to clubs as a £1million invoice but taken off revenue distribution figures. As these also go towards profitability and sustainability calculations, this is rather an unfortunate position. A governing body that scrutinises balance sheets and hands down punishments if the sums do not add up is actively costing clubs money. 

Wooooooooof

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Just now, mattypnufc said:

They’ll just invent something else to keep us down. 

“We’re introducing the “club protection scheme”. Clubs who have not finished in the top 10 consistently for the last six seasons will be protected from going bust by being limited to two transfers per window, to a maximum value of £5m each. We’re delighted to ensure the sustainability of clubs and will do all we can to help them prosper for a brighter and safer future”

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Reading the ruling, the logic is:

 

- as 3 of the ATP rules were found unlawful then the whole of ATP was found unlawful.

 

Premier League argue that the new rules resolve the 3 illegal ATP rules which makes the new rules still enforceable.

 

The new ATP are under a legal challenge by City so they may yet also be found illegal.

 

So it’s not an fully open goal for us yet (unless we had deals knocked back between 2021-24) but it’s could very likely become an open goal for us soon.

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You know what really pisses me off about the PL and it was the same during our takeover. 

The complete and utter arrogance along with disdain for anyone who dares to disagree just seeps through. 

Utterly contemptible organisation with that smug and condescending twat Masters right there at the top of it. 

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4 minutes ago, Maggies said:

Reading the ruling, the logic is:

 

- as 3 of the ATP rules were found unlawful then the whole of ATP was found unlawful.

 

Premier League argue that the new rules resolve the 3 illegal ATP rules which makes the new rules still enforceable.

 

The new ATP are under a legal challenge by City so they may yet also be found illegal.

 

So it’s not an fully open goal for us yet (unless we had deals knocked back between 2021-24) but it’s could very likely become an open goal for us soon.

Which three were found unlawful? 

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3 minutes ago, Keegans Export said:

Which three were found unlawful? 

Director loans not be included as an APT. The fact they’re not backdating them is likely a smoking gun to make the new rules illegal as well.

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19 minutes ago, Kid Icarus said:

Scenes when it turns out no APT deals were attempted :lol:

 

Definitely wondering if we even tried. 

 

Hopefully we originally tried for higher amounts for SELA, Saudia, etc.

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So if APTs are essentially illegal and unenforceable then how much longer will Fair Market Value bullshit exist for in the future? It's all connected and it feels like it's all about to come crumbling down and we (and Villa and Forest) steam in and invest the money that is there to be invested. The rules were clearly complete bullshit and are snapping one at a time :):)

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59 minutes ago, Decky said:

What does this mean in practice? Can we do a £100m a season training ground naming rights deal? 

 

Only if it's fair, I offer £99 million, if the Saudis want to top that then fair do's

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