I'm not too fussed about the capacity of SJP at the moment. It's Benton that needs razing to the ground and sorting.
Newcastle takeover???
- Thread starter Bigpig
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I'm not too fussed about the capacity of SJP at the moment. It's Benton that needs razing to the ground and sorting.
Soldato
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What you not taking into account also is the raping Newcastle have had over the last 13 years in stadium and club advertising and sponsorship.
**** direct didn’t even pay for stadium advertising and sponsorship up until 3 years ago(and since then only pays 1m per year total) and only 5p in every £ went into the club from merchandising(all club merchandise goes through **** direct, how many other club shops sell other premier league team shirts?).
So yes your right we can’t all of a sudden sign a sponsorship deal for £300m with aramco because that’s not the going rate for current sponsorship(isn’t the where city fell foul?) but we can now be paid the current rate for sponsorship and merchandise instead of the penny’s we have been getting, which will also give us a big bump in current incoming funds.
What Newcastle may or may not get remains to be seen. They're unknown factors where as the currents expenses the club have are known.
Just on the stadium naming rights and merchandising side of things. Stadium naming rights have proven not to be worth a great deal in the UK. Spurs still haven't found anybody (and all other deals have been worth very little) and the value of renaming an existing stadium is far less than a new stadium. As for merchandising - you have to remember that clubs sell the rights to their kits to manufacturers, clubs then act as retailers reselling the kits they buy from the manufacturers. Although I'm sure any deal Newcastle have with Sports Direct has been more beneficial to Sports Direct than the club, it's not unknown for clubs to outsource their retail operations. Nike used to run Utd's many years ago and Barca's until very recently - whether Sports Direct or Nike, they're more experienced in running retail outlets than football clubs are.
That said, I'm sure Newcastle's commercial revenue will grow - just how much, without being hit by UEFA, is anybody's guess.
Soldato
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I don’t mean the stadium naming rights, I mean the advertising within the stadium, all advertising hoardings and advertising in the stadium is either **** direct or something that falls under the **** direct umbrella which they pay £1m per year for. The chronicle did some working out of the figures a few years ago and it was worked out the the actual figure for that amount of advertising in a premier league stadium would cost £15-25m, £15m being the bottom half clubs and £25 being the top 4. As I have said a few times I don’t expect to spend fortunes, it’s going to be nice to go into a season with some hope again.
UEFA shouldn’t step in if we’re just charging the going rate instead of 10% of the going rate, as I said isn’t that where city fell foul? Saying a deal was worth £65m when the going rate was £15-20m?
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Have you got a link to this article because I'd be interested to see how they've calculated this. As of the last full set of accounts (17/18), less than half of PL clubs made £25m total from commercial revenue and several not even making £15m, with shirt sponsors and kit manufacturing deals making up the majority of commercial revenue for all but the top 6 sides. For example, Burnley's total commercial revenue was £9m with their shirt sponsorship deal, reportedly, being worth around £7m. That would mean the total value of all other sponsors, their kit manufacturing deal, retail and advertising is just £2m per season.
And I'm not saying Newcastle will or won't spend fortunes. I was just explaining the FFP limits, how transfers are accounted for and what Newcastle might be able to spend.
Soldato
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I don’t sorry I just remember reading it a few years ago( they may have done it on amount of advertising, as turf moor isn’t a big place), AFAIK up until this year Newcastle always paid up front for all transfers, it’s the one thing Ashley got right, as he was stung left paying for players that had left the club before he got there.
As above, paying up front on transfers makes no difference to profit and loss accounts and FFP regs. £10m is £10m, whether it's paid 100% up front or £1 per week - it's still recorded the same way.
I believe that 44m lost was due to relegation and the 40m quid loan Mike set up which has now been repaid.
Can't remember where I seen it but I believe Clubs can spend what ever they want on facilities without it affecting FFP. It be nice having world class training ground compared to what we have now.
Also YES that blow up pool that is use for ice baths is still there. Someone took a picture of it tucked behind a shed the other day lol.
The training ground has been a sour point since the mid 90's. I remember seeing a chart of injuries and recovery time and Newcastle was one of the worse clubs in the league nearly double.
Can't remember where I seen it but I believe Clubs can spend what ever they want on facilities without it affecting FFP. It be nice having world class training ground compared to what we have now.
Also YES that blow up pool that is use for ice baths is still there. Someone took a picture of it tucked behind a shed the other day lol.
The training ground has been a sour point since the mid 90's. I remember seeing a chart of injuries and recovery time and Newcastle was one of the worse clubs in the league nearly double.
There won't be until transfer of funds and final paperwork filled I believe could be a week or so?
Stories have started to come from players and Mike Ashley side now that's it's just the final stages. The checks are complete and no red flags to stop the deal.
So it's not all coming from the buyers end.
Stories have started to come from players and Mike Ashley side now that's it's just the final stages. The checks are complete and no red flags to stop the deal.
So it's not all coming from the buyers end.
Dan Roan has put a clip of his interview with Richard Masters on his twitter page, asking about the Newcastle takeover. Masters' answer doesn't appear to suggest that the deal has been approved yet. When asked about the issues around piracy and human rights in relation to the PL's owners and directors test, Masters answer was "we'll be talking about that on a confidential basis when we get to these issues". This interview was carried out yesterday.
Soldato
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Not concerned at all about Masters response to Rohans questions. It was obviously sprung on him and i thought he handled it the best way he could, he can’t discuss it, he simply swerved it like a good politician.
He hasn't implied the checks are still ongoing, he has implied that they will deal with the issues around the takeover when it's publicly complete, I.E. they have a statement stating why they accepted it or rejected it.
Nice try though
I do love your blind optimism woppy. I'm not sure how you've interpreted that from his comment - he clearly says they will talk about the issues on a confidential basis, so he's not referring to a statement that will be issued. It's possible that he's just not telling the truth and wanted to avoid discussing the issues by saying they've not been considered yet however what he says is clear - he says they haven't got to discussing these issues.
Soldato
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Too you maybe, all of the press are interpreting as he’s giving the best no comment answer he can and I will trust them over someone on this forum that has no clue everything said on here and the football restart is guessing anyway, I can see your on a windup so I’m just going to leave it at that, you have always had a massive problem with the Newcastle takeover, I guess it’s a little bit of fear which is understandable.
LOL I'm not on a wind up, although your reactions to anything remotely negative is funny. I just imagine you sticking your fingers in your ears, closing your eyes and screaming. They could announce that the deal was off and you'd say it's a smokescreen.
I've repeatedly said that I think it's more likely to go through than not but Masters comment completely contradicts the reports that the takeover has been approved. As I said, he could be lying but what he says is crystal clear to anybody that understands English. He was asked about the issues around the takeover and states that they will be discussed confidentially when they get to them.
I've repeatedly said that I think it's more likely to go through than not but Masters comment completely contradicts the reports that the takeover has been approved. As I said, he could be lying but what he says is crystal clear to anybody that understands English. He was asked about the issues around the takeover and states that they will be discussed confidentially when they get to them.
Soldato
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As I have said he can’t come out and comment on where the takeover is, as the premier league have said numerous times it’s not for them to comment, which is exactly what he has just said, basically not saying at what stage the checks are at. When Forbes are already reporting that PIF have NUFC of there portfolio, even Ashley won’t comment on NUFC anymore because in his words” it’s not my club any more” apparently PIF were given the unofficial green light on Friday, then that’s good enough for me, I might eat my words but if that’s the case so be it
No, that's not exactly what he said. He didn't say "I cannot comment on the process". He said, "we'll be talking about that on a confidential basis when we get to these issues" when asked about human rights and piracy issues. Again, he could just be lying to avoid getting drawn into a line of questioning but his comments clearly suggest that those issues haven't been addressed yet.