NUFC Transfer Rumours

[Rod]

10 minutes ago, Yorkie said:

 

 

 

Of course. The Man City story has never once appealed to me and teams being prevented from doing what they did is pretty much fine with me.

 

... But the fact that NUFC is restricted from injecting hundreds of billions of Saudi wealth into buying the Premier League isn't the issue with PSR. The issue is that each competitor has unique restrictions (or lack of) placed upon them. 

We were purchased by The Saudis 7th October and the Premier League changed their rules 14th October.  Let that sink in.  Corruption at it's finest.🤬

[Unbelievable]

1 hour ago, MagCA said:

Ahh sorry lads only going off what Swiss Ramble was saying, my bad. 

 

 

 

 

The problem we have is that the PSR referenced here is still applicable for this 2024/2025 season, but for next season (and following season) we have new rules coming in whereby a club qualifying for European competition (which we hope to do) can only spend 70% of their revenue on wages + transfers (amortisation), in line with Uefa rules. So whilst theoretically we may be able to spend some money (which as others have said, is nowhere near 80m because last reporting period we were already losing 71m before any player transfers), spending significantly would set us up for PL points deductions and possible exclusion from European competition in 2025/26.

 

As ever, the club needs to raise revenue, which will probably mean inevitable ticket price increases, but hopefully especially continued progress on the commercial revenue side (approx. 40% increase year on year since takeover).

 

What it all boils down to indeed is a slow build for the next few years, and smart selling as well as buying. Hopefully Eddie can keep us over-performing relative to richer clubs while we attempt to close the gap.

[Unbelievable]

18 minutes ago, Yorkie said:

 

 

 

Of course. The Man City story has never once appealed to me and teams being prevented from doing what they did is pretty much fine with me.

 

... But the fact that NUFC is restricted from injecting hundreds of billions of Saudi wealth into buying the Premier League isn't the issue with PSR. The issue is that each competitor has unique restrictions (or lack of) placed upon them. 

Absolutely 100% this. A cap on spending is fine in principle, not a cap that indefinitely locks every club in their place at some random point in time.

 

I watched this yesterday and recommend it even if it is a bit long:

 

 

 

Maguire makes some very good points, including why any legal challenge is unlikely to succeed (PL being a members club and clubs like us now perhaps entertaining legal challenges having previously agreed to these rules).

[ExiledGeordie]

3 minutes ago, Unbelievable said:

Absolutely 100% this. A cap on spending is fine in principle, not a cap that indefinitely locks every club in their place at some random point in time.

 

I watched this yesterday and recommend it even if it is a bit long:

 

 

 

Maguire makes some very good points, including why any legal challenge is unlikely to succeed (PL being a members club and clubs like us now perhaps entertaining legal challenges having previously agreed to these rules).

I watched this last night, was going to post it 

[Jackie Broon]

53 minutes ago, Toon1892 said:

If we’re allowed losses of around £84M this season and we have an operating loss of £70m before we consider Osula, Greek gk, new player contracts, agent fees etc.

 

No champions league revenue, we really don’t have a lot of cash (if any) for new players. I don’t think we’ll do any business this month. We will wait to summer and hope to get champions league. If we don’t get champions league we will likely have to sell a star player.

 

The fees aren't accounted for up-front they just go on to our overall amortisation. The profit from sales (minus the remaining amortisation) are accounted for straight away, so in terms of fees Osula and Vlachodimos are £6m on our overall amortisation this season, minus Minteh's amortisation (if he had stayed) that's about £3.5 in additional amortisation. Minus Miggy and Joelinton, who became fully amortised (or as near as makes no difference over their new contracts), that's another £12 off our our overall amortisation. So our total amortisation figure for this season is at least £9.5m lower than last season.

 

Gordon's and Bruno's new contracts will have also reduced their amortisation, spreading the remaining out over 5 years, particularly Gordon whose amortisation was previously spread over 3.5 years, that will at least cancel out the increase in wages for them.

 

 

 

 

 

 

Edited Sunday at 11:49 by Jackie Broon

[The College Dropout]

The costs keep going up.  The revenues aren’t keeping pace.  
I don’t expect substantial business from us until we properly sell or do you know what. 

[Unbelievable]

11 minutes ago, Jackie Broon said:

 

The fees aren't accounted for up-front they just go on to our overall amortisation. The profit from sales (minus the remaining amortisation) are accounted for straight away, so in terms of fees Osula and Vlachodimos are £6m on our overall amortisation this season, minus Minteh's amortisation (if he had stayed) that's about £3.5 in additional amortisation. Minus Miggy and Joelinton, who became fully amortised (or as near as makes no difference over their new contracts), that's another £12 off our our overall amortisation. So our total amortisation figure for this season is at least £9.5m lower than last season.

 

Gordon's and Bruno's new contracts will have also reduced their amortisation, spreading the remaining out over 5 years, particularly Gordon whose amortisation was previously spread over 3.5 years, that will at least cancel out the increase in wages for them.

 

 

 

 

 

 

 

Did we not give Joelinton a pretty hefty wage hike (and contract extension) in this period too? Then there is bonuses to take into account if we finish higher and qualify for Europe/CL. I think we’re sailing pretty close to the wind financially, as evidenced by having to fire sell Anderson and Minteh in late June of last year.

[Unbelievable]

7 minutes ago, The College Dropout said:

The costs keep going up.  The revenues aren’t keeping pace.  
I don’t expect substantial business from us until we properly sell or do you know what. 

Do what?

[STM]

We will sign plenty in the summer when we have CL football. 

[The College Dropout]

1 minute ago, STM said:

We will sign plenty in the summer when we have CL football. 

How much is that worth - net? £30m? That’s a couple players and new contracts for Hall and Livramento. 
 

Have to consider new rules too. 
 

4 minutes ago, Unbelievable said:

Do what?

Pump the revenues anyway we can

[Jackie Broon]

12 minutes ago, The College Dropout said:

The costs keep going up.  The revenues aren’t keeping pace.  
I don’t expect substantial business from us until we properly sell or do you know what. 

 

That's not actually true.

[STM]

6 minutes ago, The College Dropout said:

How much is that worth - net? £30m? That’s a couple players and new contracts for Hall and Livramento. 
 

Have to consider new rules too. 
 

Pump the revenues anyway we can

 

Yep, a couple of quality signings RW and CB, then if we shift a couple we will can tart up the squad in other areas.

 

Also, with total respect to you, I'm not convinced anyone on here has a clue about our finances. Guess? speculate? sure, but I don't think anyone has it nailed..... I certainly don't.

[Unbelievable]

7 minutes ago, The College Dropout said:

 

Pump the revenues anyway we can

 

What do you mean by that? The new owners have brought in one of the best commercial directors in football, hired loads of new staff, brought in new sponsors every year to increase commercial revenue by more than their target, and a higher percentage than probably any of our competitors over the same time period.

 

They have decided not to increase ticket prices  massively, which I think is to be commended.

 

TV revenue they have little control over, but they’re certainly doing a damn sight better than the competition as well by having us punch above our weight on the pitch.

 

What else do you want them to do? Simply break the rules of the PL and Uefa by having Aramco sponsor us for hundreds of millions per year, and then getting us expelled from Europe and regelated to the Championship?

 

I’ve said it before and I’ll say it again: I’d much rather this version of NUFC, where we progress to the top in a way that any other owner with half a brain could have done, than a steroid charged one blowing everybody away with the near limitless funds of the people of Saudi Arabia.

[Whitley mag]

Sure the APT rules get rolled back from tomorrow. We’ve now got the Head of PIF Europe on our board, I don’t think we should be worrying about much.

 

Where a serious football club now, with serious people running us.

[The College Dropout]

11 minutes ago, Jackie Broon said:

 

That's not actually true.

It is true - revenues aren’t keeping pace with costs (in line with current and new rules) to allow us to invest significant amount without sales.  
 

last years performance and our behaviour over multiple windows gives us a clue about our financial position.  
 

I can categorically say we can’t spend £90m without sales. That’s the likely cost of a ready made CB + RW. 

 

4 minutes ago, STM said:

 

Yep, a couple of quality signings RW and CB, then if we shift a couple we will can tart up the squad in other areas.

 

Also, with total respect to you, I'm not convinced anyone on here has a clue about our finances. Guess? speculate? sure, but I don't think anyone has it nailed..... I certainly don't

[The Prophet]

2 hours ago, gdm said:

My comment was more about psr than at the club. I’ve no doubt they are doing their best. Absolutely can’t complain one bit about the recruitment so far 

 

Aye, PSR has reduced the January transfer window to an absolute snooze.

[The College Dropout]

@Unbelievable I’m not having this conversation again in full. With the power, influence and money PIF have I think they could do more to raise revenues if they applied creativity and aggressive action. 
 

Maybe it will come. If we don’t we’ll have to break this team apart and come again. Which is also fine.  

[Unbelievable]

2 minutes ago, The College Dropout said:

It is true - revenues aren’t keeping pace with costs (in line with current and new rules) to allow us to invest significant amount without sales.  
 

last years performance and our behaviour over multiple windows gives us a clue about our financial position.  
 

I can categorically say we can’t spend £90m without sales. That’s the likely cost of a ready made CB + RW. 

 

I agree with that, but this is only true because the increase in cost from an Ashley run skeleton club (including playing squad) to the current one making progress in all areas and with a playing squad that pisses all over the one from 3 years ago. In short: the owners have used the available spending room extremely well and have now run into the limitations put in place to stop us from challenging by continuing to spend at the same rate. Yet they are still finding ways to keep us challenging.

 

You appear to be very frustrated by something entirely beyond your control or the control of our owners. Realistically these owners have done everything and more than could have been expected post Ashley. Just enjoy the ride man

[madras]

3 hours ago, Rafalove said:

They won’t be getting the bonuses, if they’re not playing. 

But they will be guaranteed their 80k (?) per week for 8 years for keeping fit and for many of them, living in a city that's been a dream since they were kids.

[Unbelievable]

3 minutes ago, The College Dropout said:

@Unbelievable I’m not having this conversation again in full. With the power, influence and money PIF have I think they could do more to raise revenues if they applied creativity and aggressive action. 
 

Maybe it will come. If we don’t we’ll have to break this team apart and come again. Which is also fine.  

You have no idea what they have tried behind the scenes.

 

Let me ask you this: do you actually enjoy being a NUFC fan these days, or do you long back to the Ashley years?

[ExiledGeordie]

12 minutes ago, The Prophet said:

 

Aye, PSR has reduced the January transfer window to an absolute snooze.

Completely pointless isn’t it😂

[The College Dropout]

6 minutes ago, Unbelievable said:

You have no idea what they have tried behind the scenes.

 

Let me ask you this: do you actually enjoy being a NUFC fan these days, or do you long back to the Ashley years?

Dumb question.  

Im not frustrated at all. I’m not in this thread speaking of transfer targets or expecting us to sign some ready made players for our 2-3 key positions. From the start of the season I’ve been perfectly content to keep our powder dry and give Eddie the full season and see where we finish.  I’m delighted that looks to be another CL push and a great cup run.  I pray we end the season with a trophy and CL football and if we have to break up the band to rebuild so be it.  Time will tell. 
 

I don’t get frustrated by football. It’s a game I can’t influence.  

 

[Unbelievable]

Just now, The College Dropout said:

Dumb question.  

Im not frustrated at all. I’m not in this thread speaking of transfer targets or expecting us to sign some ready made players for our 2-3 key positions. From the start of the season I’ve been perfectly content to keep our powder dry and give Eddie the full season and see where we finish.  I’m delighted that looks to be another CL push and a great cup run.  I pray we end the season with a trophy and CL football and if we have to break up the band to rebuild so be it.  Time will tell. 
 

I don’t get frustrated by football. It’s a game I can’t influence.  

 

Fair play mate. It’s just every couple of days you come on here complaining that our owners aren’t somehow doing enough, which is a bit odd and at odds with being content with how well the club is doing and being run.

[madras]

3 minutes ago, The College Dropout said:

Dumb question.  

Im not frustrated at all. I’m not in this thread speaking of transfer targets or expecting us to sign some ready made players for our 2-3 key positions. From the start of the season I’ve been perfectly content to keep our powder dry and give Eddie the full season and see where we finish.  I’m delighted that looks to be another CL push and a great cup run.  I pray we end the season with a trophy and CL football and if we have to break up the band to rebuild so be it.  Time will tell. 
 

I don’t get frustrated by football. It’s a game I can’t influence.  

 

I do t know what's going on behind the scenes, I don't know what deals have been blocked or what conversations have been had to get round the rules but I am confused at not using some of the low hanging fruit, even season by season, training ground/kit sponsors for example.

[KaKa]

Think a lot of people were anticipating us being the next Man City and still can't get over it.

 

Personally, I found the Man City thing to be incredibly manufactured and fake. I'm not sure what the satisfaction is with that approach. It's like playing a video game with a cheat code and just stacking your team.

 

The reality is that if we were able to spend as we please, we'd have the capability to spend to the extent that we'd just eventually be on top all of the time.

 

I guess some people actually enjoy that level of dominance through just having much more resources than everyone else, but for me that has nothing to do with any kind of sporting competitiveness or excellence.

 

It is immensely more satisfying bettering teams at the moment having managed to build such a good team with what we are currently able to spend within the restrictions.

 

It may eventually mean a big sale, but even then that will likely land us a major amount of money and room to manoeuvre to likely come back even stronger if we continue to identify players as well as we have done.

 

This is right up my street really. And so it is all quite enjoyable, and fun to follow.

 

The one thing I am very hopeful of is that if we do choose to sell a big player, that we do everything in our power to ensure it is to a club outside of the Prem, so that we don't let any of those competitors benefit.

 

That will be key to then continuing to close the gap on them.