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Financial Fair Play / Profit & Sustainability


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Just now, Armchair Pundit said:

I keep seeing headlines come up about us 'Definitely breaching financial rules' and that we'll be penalised for it. I thought we were supposed to be doing alright?!

 

Just one example of said reports:

https://www.footballinsider247.com/newcastle-have-definitely-breached-financial-rules-nottingham-forest-also-at-risk/

UEFA rules are different. The Anderson sale doesn’t count (cos it was really a swap for The Greek) and the St Maximin sale doesn’t count (because it was to a PIF owned club).

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1 minute ago, Armchair Pundit said:

I keep seeing headlines come up about us 'Definitely breaching financial rules' and that we'll be penalised for it. I thought we were supposed to be doing alright?!

 

Just one example of said reports:

https://www.footballinsider247.com/newcastle-have-definitely-breached-financial-rules-nottingham-forest-also-at-risk/

Talking about UEFA’s rules that are somehow even more bullshit than the PL’s rules. 
 

I don’t care if that sentence doesn’t make grammatical sense. 

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3 hours ago, Crimson Cardigan said:

UEFA rules are different. The Anderson sale doesn’t count (cos it was really a swap for The Greek) and the St Maximin sale doesn’t count (because it was to a PIF owned club).

If the proceeds from the Anderson sale don't count, do we still count the cost of Vlachodimos?

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Any arm chair philosophers? If the spending rules were amended so clubs can have the same allowance as the highest spender in the league (guaranteed by the owners) is anything unfair about this ? From a neutral perspective? 

 

I know this would never pass but was just curious. 

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23 minutes ago, r0cafella said:

Any arm chair philosophers? If the spending rules were amended so clubs can have the same allowance as the highest spender in the league (guaranteed by the owners) is anything unfair about this ? From a neutral perspective? 

 

I know this would never pass but was just curious. 

 

What are you capping the highest spender at? It just becomes a who got the biggest dick competition if you don't have some cap. The idea on everyone being able to spend the same absolute pounds and pence isn't a bad one at all but you need something else to peg that to, and then provide incentives to work outside of the transfer market to develop players - and in effect capping the transfer market will not be an easy thing to do with the vested interests in play

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1 minute ago, Colos Short and Curlies said:

 

What are you capping the highest spender at? It just becomes a who got the biggest dick competition if you don't have some cap. The idea on everyone being able to spend the same absolute pounds and pence isn't a bad one at all but you need something else to peg that to, and then provide incentives to work outside of the transfer market to develop players - and in effect capping the transfer market will not be an easy thing to do with the vested interests in play

They should be bound by existing limits, I guess the rolling 3 year period presents challenges to such a simple idea though. 

 

I was just making coffee and wondering what the most straight forward solution is which is actually fair and not titled one way or another. 

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The simplest method in theory is to set a spending cap on the development (so including fees, wages, signing on bonuses, agent fees etc) at a predetermined level for everyone based on a league average for the last 3 years.

 

Owners have to underwrite deficits though capital injections (not loans as these could be pulled back)

 

Would never get through the cartel voting bloc

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I would go with the limit is set at 80% of club with the highest turnover the previous season, ie Man City had the highest turnover of £731m so clubs can spend up to £584m to catch up, but anything over your own turnover must be backed by capital injections 

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We could debate on what the best way forward is for another 10 years and even if we came to a consensus that was adopted by the premier league, I don’t believe our current ownership structure would utilise it to full effect.

 

The key word they keep using is sustainable, which is fine in terms of morality but when others don’t go that route and skip the queue, we’ll perpetually be playing catch up.

 

The rule changes after our takeover were brought about by an assumption we’d do an uber Man City, but I don’t think that was ever on the cards. Now the league is left with daft restrictions that forces clubs to sell homegrown talent just to keep within those restrictions. It’s insane.

 

We have also seen steady growth in terms of revenue but I can’t help but feel that’s been turbocharged somewhat by just how held back everything was under Mike Ashley. We as a club should be in or around the same level that Spurs are, revenue wise.

 

It will have to plateau at some point as that growth isn’t sustainable season after season. At some point they will realise it’s go big or go home and by that I mean, we need a catalyst to bring “the brand” to the masses.. ie a star player who kids around the world will want as their replica jersey.

 

Madrid and PSG understand that which is why anywhere in the world you can go on holiday and see people of all ages in Messi, CR7 or Mbappe jerseys. It’s massive revenue.

 

 

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13 minutes ago, Lucky said:

We could debate on what the best way forward is for another 10 years and even if we came to a consensus that was adopted by the premier league, I don’t believe our current ownership structure would utilise it to full effect.

 

The key word they keep using is sustainable, which is fine in terms of morality but when others don’t go that route and skip the queue, we’ll perpetually be playing catch up.

 

The rule changes after our takeover were brought about by an assumption we’d do an uber Man City, but I don’t think that was ever on the cards. Now the league is left with daft restrictions that forces clubs to sell homegrown talent just to keep within those restrictions. It’s insane.

 

We have also seen steady growth in terms of revenue but I can’t help but feel that’s been turbocharged somewhat by just how held back everything was under Mike Ashley. We as a club should be in or around the same level that Spurs are, revenue wise.

 

It will have to plateau at some point as that growth isn’t sustainable season after season. At some point they will realise it’s go big or go home and by that I mean, we need a catalyst to bring “the brand” to the masses.. ie a star player who kids around the world will want as their replica jersey.

 

Madrid and PSG understand that which is why anywhere in the world you can go on holiday and see people of all ages in Messi, CR7 or Mbappe jerseys. It’s massive revenue.

 

 

 

PSR means we aren't allowed to keep a global star because we're not allowed to pay world-class wages and never will be. We've just been through that with Isak. You'd need a bunch of league titles and a champions league to change that, which you can't achieve without consistently keeping world class talent. That's the catch 22. Clubs that do break into the CL get small payments due to the corrupt coefficient payment rules. 

 

I think we're better off either A) Saying fuck it, we're spending as much as the sky 6 and if the PL have a problem with it, let's get the legal teams involved and see how legal all these rules are. Or B) Skip to the legal battles immediately. 

 

If we push for a level playing field, however that might look (ie a flat spending cap for all clubs, set suitably high enough to prevent a talent drain to other leagues) then I could see fans of non-sky clubs getting on board with that. Many unambitious chairmen wouldn't, of course, because a system that maintains status quo also kicks the financial and footballing ladder from those below them. 

 

 

Edited by ohmelads

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6 hours ago, Stal said:

Or they set everyone at the level of the club with the lowest amount. 

 

6 hours ago, nwopnufc said:

I would go with the limit is set at 80% of club with the highest turnover the previous season, ie Man City had the highest turnover of £731m so clubs can spend up to £584m to catch up, but anything over your own turnover must be backed by capital injections 

 

The hurdle with both of these is you are shrinking the overall league spend year on year.

 

That wouldn't be a bad thing if it resulted in lower access costs for fans, but you know that isn't happening 

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Couldn't be more the opposite of how any real football fan anywhere feels where they'd love the see the "big clubs" suffer like everyone else has and have some changability at the top. 

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3 minutes ago, Jonas said:

Couldn't be more the opposite of how any real football fan anywhere feels where they'd love the see the "big clubs" suffer like everyone else has and have some changability at the top. 

I’m not so sure anymore.

When the idea of an ESL first emerged, you had the outcry by a few clubs. Since then Arsenal and Liverpool fans have went all out on advocating for it. As it happens Liverpool fans never actually protested against it, the others did, but Liverpool didn’t.

 

Since then though their place has been threatened. You already have pundits now saying that they deserve a place at the top and that the league needs the big clubs to be competitive, Pardew etc included.

 

You also have the fact that the foreign fans do not give an absolute fuck about tradition. We have seen ourselves how there is a market from these fans for tickets, and they want to see games between the biggest clubs.

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5 minutes ago, Stifler said:

I’m not so sure anymore.

When the idea of an ESL first emerged, you had the outcry by a few clubs. Since then Arsenal and Liverpool fans have went all out on advocating for it. As it happens Liverpool fans never actually protested against it, the others did, but Liverpool didn’t.

 

Since then though their place has been threatened. You already have pundits now saying that they deserve a place at the top and that the league needs the big clubs to be competitive, Pardew etc included.

 

You also have the fact that the foreign fans do not give an absolute fuck about tradition. We have seen ourselves how there is a market from these fans for tickets, and they want to see games between the biggest clubs.

I don't consider the majority of cabal club fans to be real football fans - I should have stated.  

 

 

Edited by Jonas

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2 minutes ago, Jonas said:

I don't consider the majority of cabal club fans to be real football fans - I should have stated. 

 

 

 

I still don’t know like.

Tell a fanbase like the Mackems that if they finish 17th this season then they’ll never ever be relegated and The’ll love it. Same could be said of the likes of Crystal Palace this time a year ago.

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