FFP loophole closing for Newcastle

Priv

Priv

Well-known member
Seems premier league clubs have voted to ban sponsorship deals from related companies. Initially temporary while they work out the details.

Closed a huge loophole Newcastle could of exploited. I imagine it will upset a few of them considering Man City were allowed to do it a few years back.

www.skysports.com

Premier League clubs impose temporary freeze on sponsorship deals linked to their owners

Concerns raised Newcastles new owners could sign deals with Saudi state-owned companies; temporary freeze will be in place for a month while talks are held about a permanent rule change; Premier League and Newcastles owners decline to comment
www.skysports.com www.skysports.com
 
Wiseman_Vaughn

Wiseman_Vaughn

Well-known member
Priv said:
Seems premier league clubs have voted to ban sponsorship deals from related companies. Initially temporary while they work out the details.

Closed a huge loophole Newcastle could of exploited. I imagine it will upset a few of them considering Man City were allowed to do it a few years back.

www.skysports.com

Premier League clubs impose temporary freeze on sponsorship deals linked to their owners

Concerns raised Newcastles new owners could sign deals with Saudi state-owned companies; temporary freeze will be in place for a month while talks are held about a permanent rule change; Premier League and Newcastles owners decline to comment
www.skysports.com www.skysports.com
Click to expand...
It tells you all you need to know when you see the 2 clubs that didn't vote FOR the freeze, although Man City abstained.

The NUFC deal has nothing at all to do with football. The club will simply be a marketing tool for Saudi businesses, using the same model as MCFC who partner (mainly) with Etihad.
 
S7DiscoDown

S7DiscoDown

Well-known member
It's only delaying the inevitable. You'd be genuinely gutted if you are one of the sides in the relegation mix.

We keep hearing about champions league and Mbappe etc. Yet the ones who will really feel the effects are the sides who are at the bottom. You'd say Newcastle look down but for the money. The influx of money will someone else go down.

I did chuckle when I read that Man City abstained..... Funny that😂

Whilst I get many clubs reservations and don't wish good fortune on any Geordies. I still find it slightly 'amusing' that the big 6 are all moaning despite out spending everyone for the last 30 years. I do love watching them squirm.... Just a shame they bought the Mags.
 
T

The_Big_Woodowski

Well-known member
its essentially a move to stop them been able to break in to the so called big 6 by doing exactly what the big 6 have been doing for years. make it harder to break through the glass ceiling.

Would chealski or Man City be there now if it wasn't for the influx of money through similar routes. Don't want another nose in the troff and risking the income of the chumps league.
 
J

jonny_greenings_sock

Well-known member
I think they’ve got a very good point - it is unfair and competition-distorting for Saudi Airlines or any other PFI-owned business to sponsor Newcastle’s dugout chairs for, say, £500m a season to subvert FFP, they should only be allowed to invest market rates - but I wouldn’t want to be the lawyer trying to define what market rate is.

It’s the same principle as Mel Morris selling his stadium back to himself for three times market value.
 
newyddion

newyddion

Well-known member
It's a tricky one.. I mean they allowed it with man city. They allowed it with Newcastle with sports direct and I'm sure they've allowed it with countless others!

Surely it's up to the owners and sponsors how they spend their money?
 
newyddion

newyddion

Well-known member
I'm guessing that it wasn't their intention to do this.. otherwise they would just have done it.
 
Adi_Dem

Adi_Dem

Well-known member
This isn't a specific point about Newcastle or the vote referred to in the OP but more about the direction that football is heading. My view is that it is going to eat itself. I see a huge implosion at some point in the not too distant future. Money has always driven success. It's as true today as it always has been. Even Boro tasted it albeit briefly driven by the huge investments Gibson made. Go back to any era and it has always been the sides that spent the most that had success. The problem that we have now though is that the gap between a very, very small number of teams and the rest is a chasm. It widens every year and every year two things happen: the richest clubs spend more and more and many of them beyond their means whilst the rest spend beyond their means just to cling on to the coattails of those clubs and stay in the top division. There is then another cascade of chasms between each division of the pyramid. That growing gap between the richest and the rest is, ultimately, counter to competition and is unsustainable. That's before you even get to the ethics of who these owners are.
 
Billy69_uk

Billy69_uk

Well-known member
The whole FFP framework is an absolute joke, one that in entirely unenforceable within the game and outside the game within a legal framework.

This has been demonstrated so many times, and as much as its fun to point at the Mags as the root of all evil (most, but not all) this has been going on far longer, and the debacles at Barcelona and PSG are just high profile examples, but Man City, Man Utd, Liverpool, etc are also not without sin.

Maybe its time to rip up FFP, and let clubs sign what ever dodgy sponsorship deals they want, sell the naming rights to the ground for a Billion £, or ever sell the ground itself for a shedload of cash, and stop playing these left pocket right pocket financial charades.

I wonder if the best way forward ( and its not without its own pitfalls) is to strictly enforce salary caps. Then the clubs can pay whatever they want in transfer fees, back handers to agents, dodgy sponsorship deals etc. but they would be limited to a player salary cap of say £100m a year for sake for argument.

The game as we know it is headed for a meltdown unless something is done, Some say its already melting down, I guess it just depends on your perspective and which club you support.
 
Chappy112

Chappy112

Well-known member
As much as it has its flaws, being a fan of the NFL of American sports in general really opens your eyes to what sport should be in terms of fairer competition.

I realise that it’s almost impossible to implement this in football due to it being a worldwide sport but having the possibility that any team can turn it around and win the Super Bowl within a couple of years is such a great thing to watch.

Without being bought by some rich owners, what are the chances of Norwich winning the league in the next 100 years never mind a year or two?
 
Glover_elbow

Glover_elbow

Well-known member
Whilst the motivation maybe protectionism I think it's a good step in the right direction for the game. Let's be honest it's closing a ffp loop hole. I agree with adi the Newcastle deal will have a negative knock-on effect on the rest of league only distorting and extending disparities within the game.
 
T

The_Big_Woodowski

Well-known member
jonny_greenings_sock said:
but I wouldn’t want to be the lawyer trying to define what market rate is.
Click to expand...

Oh I would... a fortune to be made by that guy...

with the global reach of the game how can you say what a fair price is? what appears worthless in this country, could be massive in others and if you know your markets and reach then how do you decide if it has over paid.

I am sure it was the price of football pod cast where they said Man U's sponsor by Chevrolet cost them millions, but Chevrolet only sold 15 cars in this country. How do you value the increase in other markets around the world.
 
newyddion

newyddion

Well-known member
Chappy112 said:
As much as it has its flaws, being a fan of the NFL of American sports in general really opens your eyes to what sport should be in terms of fairer competition.

I realise that it’s almost impossible to implement this in football due to it being a worldwide sport but having the possibility that any team can turn it around and win the Super Bowl within a couple of years is such a great thing to watch.

Without being bought by some rich owners, what are the chances of Norwich winning the league in the next 100 years never mind a year or two?
Click to expand...
They'd have to Mark Schwarzer, Robert Huth, N'Golo Kanté, Riyad Mahrez & Jamie Vardy it's possible.. it's just about getting the right calls time and time again.

How close were we to signing Nemanja Matić for under £1m? It is possible.

Devastating when a club like ours throws £15m at Britt Assombalonga or turns down £6m for Rudy Gestede.

That's the difference. I don't think Newcastle will get it right tbh..

Big clubs don't always get the decisions right, but they have the finances to be able to cover it. £40m/£50m players don't always turn out to be a hit! How many great players have we had in the premier league that haven't won a title?
 
J

JackG

Well-known member
Billy69_uk said:
The whole FFP framework is an absolute joke, one that in entirely unenforceable within the game and outside the game within a legal framework.

This has been demonstrated so many times, and as much as its fun to point at the Mags as the root of all evil (most, but not all) this has been going on far longer, and the debacles at Barcelona and PSG are just high profile examples, but Man City, Man Utd, Liverpool, etc are also not without sin.

Maybe its time to rip up FFP, and let clubs sign what ever dodgy sponsorship deals they want, sell the naming rights to the ground for a Billion £, or ever sell the ground itself for a shedload of cash, and stop playing these left pocket right pocket financial charades.

I wonder if the best way forward ( and its not without its own pitfalls) is to strictly enforce salary caps. Then the clubs can pay whatever they want in transfer fees, back handers to agents, dodgy sponsorship deals etc. but they would be limited to a player salary cap of say £100m a year for sake for argument.

The game as we know it is headed for a meltdown unless something is done, Some say its already melting down, I guess it just depends on your perspective and which club you support.
Click to expand...
You can get round salary caps via image rights. The dodgy sponsorship deal simply shifts from the club to the player. Mbappe signs for a modest £100,000 a week from NUFC, but Saudi Pies n' gravy International pay him £50m a year for image rights.
 
You must log in or register to reply here.
Top