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They could try Pagan but that might come under the scrutiny of UEFA as the owners would already have bought the Stadium and the training ground. Didn’t Derby try that in order to meet FFP and aren’t they under investigation for it?
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Pagan-As we saw it with City and PSG there are millions of ways of circumventing the FFPR,but UEFA have already said that there will be a relaxation of the rules as a result of the COVID-19.There is only one problem Newcastle face-worlds best players might not want to join them.
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I`m just very glad that the Saudis stayed away from Man Utd,much rather get relegated.
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9s-My apologies,its e200m,not pounds.
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Mav, to be fair if you quote what the President of UEFA has said re what Newcastle can spend you need to provide the actual quote and where it’s come from. I can’t see him ever getting into commenting on what any individual Club can spend.
It’s just not possible for Newcastle to spend £200m to £300m a season and remain within FFP .
That’s a fact mate. But time will tell.
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Mav, you’re right UEFA have said “there will be a relaxation of the rules as a result of the COVID-19.” But that’s to take account of the losses Clubs will suffer as a result of Cov19 not to fund increased spending on transfers.
“Pagan-As we saw it with City and PSG there are millions of ways of circumventing the FFPR” But City are currently banned by UEFA from competing in Europe for two seasons.
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9, Derby did do that, however the owner paid considerably more than the Club had it valued at on their books. The other thing Derby did which shone a spotlight on them was when they amortised a players value instead of it winding down to zero, as that’s a players worth at the end of his contract, they put a transfer value on him at the end of it…..Pagan
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9, just to clarify, Derby county’s owner personally bought the stadium off his own company that owns Derby County. I believe Roman has done similar things at Chelsea by converting loans into assets……Pagan
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9s-He did indeed say that,and Newcastle can & will spend because they are not in Europe.I keep telling you,I heard it with my own ears & saw it with my own eyes.
Official bids,confirmed by players agents:a £74m bid from Newcastle for Lille s V.Osimhen,£80m for Coutinho,£40m for J.Rodrigues,and £80m for K2.Lets face it mate,the only reason Newcastle will not get the likes of Mbappe,Messi,Lewandovski,Neymar,etc,its because they most probably will not want to play for them.We just have to get used to it the fact,that if the takeover is completed,Newcastle will be a superpower._____________________________
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9s-City are not officially banned,buf even if the were to be banned it will be because they were in Europe,and after breaking the rules.Newcastle have to qualify for Europe 1st.
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Mav, time will tell buddie personally I expect Newcastle to be as constrained as every other major Club by FFP should the takeover go through and that they won’t be able to spend to the levels you suggest and will only be able to spend what they make themselves so it will likely be a slow burn.
What Ceferin has said very recently is that UEFA are looking at ways to adapt FFP (see below.)
Tbh the Geordies deserve a bit of luck and another team joining the top 6 and making it a top 7 or 8 is to be welcomed but imo it won’t be easy and I don’t think it will be driven by the kind of transfer spending you are suggesting but time will tell.
Re City they are certainly officially banned by UEFA for breaking FFP rules and their appeal against that ban will be heard shortly by CAS.
Milan went through something similar last Summer and struck a deal with Uefa to serve a one-year ban from European football for breaching the governing body’s financial fair play rules which was confirmed by the Court of Arbitration for Sport (Cas). Again time will tell on the City outcome but whatever happens UEFA remain commited to punishing Clubs that break the FFP rules.
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Pagan, I think Derby being charged by the EFL for breaking their FFP rules re the sale of the Stadium to their owner suggests this might be difficult strategy to defend under the UEFA FFP rules which are generally even more stringent.
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“May 26 – UEFA president Aleksander Ceferin has said that his governing body is considering a ‘luxury tax’ in the wake of the covid-19 crisis.
In a wide ranging interview with the Guardian newspaper last week, the UEFA boss was asked about the future of Financial Fair Play, a system that has come under increased pressure in recent seasons over a number of high-profile cases and may require rethink in light of the coronavirus fallout, but Ceferin is adamant that UEFA won’t ease up on the FFP rules and may even introduce a ‘luxury tax’.
“If they don’t follow the rules they will always be sanctioned but of course we are [always] thinking about how we can improve our regulations and, if necessary, adapt,” said Ceferin. “This will not happen very soon but we are thinking of improving [FFP]; modernising it and doing something more about the competitive balance. We are also considering some sort of ‘luxury tax’, if it is possible.”
It is not the first time that Ceferin has mooted the idea of taxing the rich, even if he failed to expand how such a luxury tax would be implemented. Major League Baseball in the US has a luxury tax whereby, if a club owner did want to invest €100 million on transfers or wages into a club, he would have to pay a similar amount into a communal pot which would be redistributed to their opponents.”
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“Uefa will loosen the reins on their Financial Fair Play regulations as a result of the coronavirus pandemic sweeping the continent.
Given the financial difficulties the lack of games and revenue has now placed upon many clubs, Europe’s governing body has decided to take action.
According to a report in The Athletic, the regulations have been relaxed in order to help clubs who are struggling for cash cope.
Overdue payables account for various transactions such as wages, outstanding transfer instalments or tax bills.
“Any extraordinary event or circumstances beyond the control of the club that are considered a case of force majeure are taken into account as part of the club’s assessment, on a case-by-case basis,” a Uefa spokesperson said.
The decision was reportedly taken following discussions with the European Club Association, who made their concerns known.”
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9s-I have no idea if the takeover will go ahead or not,but teams that are not in any European comps will
spend as much as they can afford to,just look @ teams like WHU,Villa,Everton,Lesta,Wolves,ets.I fully expect Newcastle to be spending in the region of £150m every transfer window._____________________________
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How much money every Premier League club has spent in the 2019 transfer window
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Mav, those are gross spends not net spends net spends are what counts in terms of what UEFA monitor amongst everything else.
But let’s take Villa’s £146m gross spend spread take that out over 5 year contracts and it’s circa £28m a year spookily not far off Ballague’s suggested max lots goal spend and not beyond Newcastle.
Clubs not in the PL and not in Europe can have bigger losses because the PL FFP rules are not as stringent but they are still restraining circa £100m of losses over 3 seasons which limits transfer expenditure too.
It’s just not possible now under FFP for a Club to do what Chelsea and City did prior to FFP.
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9s-If they do that then of course,if Newcastle spend £150m every transfer window and then spread the cost over the legth of contracts handed to the players,yes,otherwise what Chelsea & City did will be peanuts in compare to what Newcastle will do,providing the takeover goes through
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Mav, I’m not sure what you’re not getting about
” It’s just not possible now under FFP for a Club to do what Chelsea and City did prior to FFP.”.???
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