yeah my bad that was commercial revenue, point still stands though
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The Great Big FFP Debate
- Thread starter Reuben klang
- Start date
Soldato
TBH I think the biggest problem is now, we’re starting from a far lower base than you did in 2011, in 2011 when you were taken over you still had sellable assets and there was no P&S rules, so money could be injected to buy players, but you also had the advantage of being “Liverpool” so could also move on some of your unwanted players to other PL clubs, when P&S came in to help balance the books.
Newcastles problem is we have been run into the ground that far, our only sellable assets are those that we have bought to try and allow us to compete, so we’re pretty much stuck between a rock and a hard place.
Being run into the ground as you put it allowed you lot to spend 500 million since being taken over.
Soldato
isn’t the debt to other clubs, transfer fees?, if so, that was always going to rise, as we‘re now running like most other clubs.
AFAIA Under Ashley all transfer fees were paid in full on the completion of the transfer(probably the reason why we never broke our £16m Micheal Owen transfer record until 2019), instead of the way most other clubs do it, in instalments over the contract.
Caporegime
What do you mean it already happens now? Sure, player fees have gone up, but the point was that if you changed the maximum loss cap to what you're advocating (even the lower end of the figures you've given), you'd see a huge increase essentially overnight.
You keep talking about this "sly6", but all you really want is to make it a sly7-10. It wouldn't result in those other clubs being able to keep players because the market would shift to reflect that. They'd just get more money for those players, but as everything has shifted upwards, they're not really any better off for it.
You can't just raise a cap significantly and expect the market to stay the same. What you've suggested would put even more clubs at risk in the future, creating a huge bubble that will inevitably end in tears and the biggest losers will be the fans of those clubs.
Yes, they're transfer fees. My point was that despite having all the money in the world and there being no negative FFP impact on them doing so, the Saudi's are not even putting in 100% of the cash that Newcastle are spending today, let alone would they be willing to put the financial guarantees that protect Newcastle tomorrow, that are key to my made up FFP rules. And it wasn't just the increased debt to other clubs but also bank debt too.
Before calling for clubs to be able to lose even more money, why not call for owners who are willing to allow clubs to lose money, to actually pay for these loses rather than just rack up debt.
Soldato
There is a massive difference in being able to spend £500m when you have a good core of players already at the club and having £500m to spend when you have dross at the club. And it’s £420m we spent not £500m
Newcastle financial performance off the pitch explains why the other clubs went into panic mode and tried to change the rules and no longer want an Independent body to deal with sponsorship 
40% increase two season running. Two of our biggest sponsorship deals haven't even been accounted for
Sela and Champions league will be in next years figures and Adidas and inhouse merchandise will be in the following
40% increase two season running. Two of our biggest sponsorship deals haven't even been accounted for Sela and Champions league will be in next years figures and Adidas and inhouse merchandise will be in the following
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Soldato
Yeah, I've read a lot of the allegations. My feeling though is that they will have spent enough on clever lawyers to operate within the letter of the law but stamping all over the spirit of the law. I don't have access to all the facts, none of us do. I just can conceive of potential ways they can act as they do without breaking the rules to the extent of earning anything other than a slap on the wrist.
With a potential appeal after the end of the season I think it would be incredibly brave to impose a punishment (against either side) this season. Can you imagine the controversy if Burnley (for example) play out a draw on the final day believing that was enough to avoid relegation only for Everton to have their points deduction overturned or reduced, leading to Burnley being relegated when they potentially could have stayed up with a win.
Soldato
If Everton have broken the rules again then I hope they do. I also hope they treat Everton fairly along with any other clubs who have broken the rules.
I have zero problem with hitting any club repeatedly for rule breaking - which is essentially cheating in this respect. I just want to see every club treated equally and fairly.
Caporegime
And still not a word about City
Associate
- Joined
- 2 Feb 2009
- Posts
- 931
City will win at least 2 more prems before the charges even get anywhere..
People need to understand the process these things go through because these "what about City" shouts are getting tedious. The PL have done their part in regards to the City situation - they've been charged. That is all the PL can do. It's now down to the independent commission (this is not the PL) to gather all the documentation and exchange of evidence from both sides relating to 115 separate charges before a hearing can be heard. This is not a straight forward, single charge of x has spent too much where gathering all the evidence can be done in a few months. City's charges are far more complex, relating to false accounting and there will be quite literally hundreds of thousands of documents to go through - it's going to take ages to do this, not least because City are slowing down the process at every stage.
Again so it's crystal clear, the PL have done absolutely everything they can do and the rest is now out of their hands. They, like you and me, are now waiting for the independent commission to gather all the evidence ready for a hearing.
Associate
From what i've read Everton hasn't broken them again, it's a second penalty for the same year of losses that they were penalised for before... or something along those lines.
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Even then I doubt anything will come from the charges, City have too much financial clout and their lawyers are far too canny.
Caporegime
Everton and Forest charged then
If they cheated they deserve whatever comes. There's been enough hints on the talksport that there's still more teams to come outside of City and Chelsea. The whole football finances need a complete re-write. No premiership team should be losing anything, let alone 100m over 3 years.
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