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Random Precision

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    Chop chop! Lets all gawp at Newcastle (again)

    in Other Football

    Posted · Edited by Random Precision

    28 minutes ago, mikeyp102 said:

    PIF now looking to buy out Roma. I wonder if they will be allowed to play in same competition, or release some of the ownership like we had to with Vitoria

    The also looked at Inter and AC Milan last year and were supposed to be buying them……here’s a tip, take what come out of the Italian media with a huge pinch of sat.

    The General FFP (Financial Fair Play) Thread

    in Other Football

    Posted

    2 minutes ago, WallisFrizz said:

    Seen this. Was trying to work out purpose of abstaining. I guess maybe we’d be able to make it work in our favour if the vote wasn’t passed but don’t want to get on the wrong side of the others and vote against it.

    Now it’s been passed it makes it even more likely whoever the club is taking the PL to a Competition Arbitration Tribunal on the basis the rules are anti competitive and breach Competition Law.

    The General FFP (Financial Fair Play) Thread

    in Other Football

    Posted · Edited by Random Precision

    2 hours ago, HanoiVillan said:

    Thanks!

    You'd have to hope that sense is seen and that spending on infrastructure and the women's game are removed from these calculations. Be a disaster if half the WSL ends up shuttering their teams just to get the wage space for a backup right-back or whatever. 

    I agree, infrastructure, academies and womens teams should remain outside of FFP. These new rules, if implemented will strangle the ambitions of many clubs other than the most wealthy, the existing order. Football is special some argue but now it’s a multi billion £ industry it isn’t as special as it thinks it is. It also isn’t exempt from Competition Law as it may well find out, governing bodies organise competitions and shouldn’t involve themselves in clubs commercially activities unless they can prove fraud or other criminal activities.

     

    https://www.blackstonechambers.com/podcasts/the-sports-law-podcast/the-sport-and-competition-law-podcast/

     

    Lengthy but worth a listen.

    The General FFP (Financial Fair Play) Thread

    in Other Football

    Posted

    New FFP/PSR rules if voted in will include infrastructure, academy and womens team spending. 

    Quote

    Change is coming.

    After a flat January transfer window where spending was clearly curbed by concerns over Financial Fair Play (FFP) punishments, the Premier League is set to overhaul the Profit and Sustainability Rules (PSR) that saw Everton hit with a 10-point deduction and have become increasingly central to this season’s narrative.

    At a two-day meeting of all 20 top-flight clubs that begins on Tuesday, substantial changes to the current regime that limits clubs to £105m of losses over a rolling three-year cycle will be discussed. What is on the table is aligning the Premier League’s regulations with Uefa’s newly introduced cost control measures – and that could have major ramifications for clubs here.

    Although there is still plenty about the new regulations to be ironed out – with uncertainty over how spending on academies and infrastructure will come into the PSR equation, for example – i understands it is possible they will be introduced in time for the summer transfer window.

    inews

    Chop chop! Lets all gawp at Newcastle (again)

    in Other Football

    Posted

    2 minutes ago, bobzy said:

    I’m sure it is.

    But the question for me would be why entirely unknown (in the UK) entities who don’t operate in the UK would pay more than known massive companies for a chance to be a sponsor on a British football teams’ top? Further, why would they not have already sponsored other sides or indeed be competing in the sponsorship market? And why would these companies, with very obvious links to the same owners as Newcastle, happen to be the biggest bidders for all of Newcastle’s sponsorship?

    But sure, fair value and all that. 

    But they aren’t…..SELA £25 million a year isn’t exorbitant…..and Adidas, German company £40 million a year, I guess if it upsets other fans at Newcastle maximising revenue streams then so be it.

    Chop chop! Lets all gawp at Newcastle (again)

    in Other Football

    Posted

    On 09/10/2023 at 15:51, bobzy said:

    Exactly this.  Don't take the piss, just get a decent fee and don't get people talking.  Same with the sponsorship deals; massively ramped up but basically just about touching what the top 4 clubs get - despite their regularity of achieving it.  Again, just keep it very normal but get it done.

    https://www.matrixlaw.co.uk/wp-content/uploads/2016/03/26_07_2013_09_39_47_Fair-or-foul-Part-1-and-Part-2-word.pdf

    Quote

    In part 1 of this article, the authors summarise the new measures that UEFA and the Premier League are introducing to protect and/or promote “financial fair play” and in part 2 they sketch the likely legal issues which arise under EU law – whatever the motivation of these reforms of football finance, the history of such initiatives since the landmark Bosman ruling suggests a significant risk that they may be open to legal challenge.

    Interesting read

    Chop chop! Lets all gawp at Newcastle (again)

    in Other Football

    Posted

    4 minutes ago, bobzy said:

    I didn't say you got a fortune for ASM (though you got a decent amount to be fair - £26m was it?); just that you could shift him very easily.  I have no idea what your FFP circumstances would have been at that point (having spent over £400m on players, allowed a rolling £130m loss etc) but ASM going for £26m opens up your ability to spend quite substantially - basically £100m this season - if you were pushing those boundaries.  And you can do it at incredible ease because you're just selling to yourself.

    Of course you're also ramping up the commercial department (again, whilst using yourself as sponsors; which is clever).  But you're never going to have financial difficulties because you can, essentially, circumnavigate a "normal" transfer market entirely.

    However any sponsorship has to be approved by the PL Fair Market Value Panel and any sponsorship even from PIF companies if believed to be above FMV wouldnt be approved. There are no rules that prevent sponsorship from PIF companies.

    Chop chop! Lets all gawp at Newcastle (again)

    in Other Football

    Posted

    23 minutes ago, bobzy said:

    Aye, fair - somehow had completely forgotten about Arsenal :D.  Either way, in an era of FFP, you've spent a vast amount.

    I didn't say you wouldn't be OK.  You're propped up by the Saudi state for God's sake; even if something went poorly on your accounts you'd just shift another player out there like ASM.  You'll have zero money problems at all.

    Yes……we got a fortune for ASM, think it was around £20 odd million, hardly a fortune. What the club has done is really ramp up the Commercial Dept which is beginning to pay dividends. Any sponsorship does and is approved by the FMV panel……although how they can assess what’s fair etc escapes me. I suspect if a legal challenge was made against FFP and FMV it could be ruled a restriction of trade, now if that ever happened the rest of the PL would have something to be worried about.

    Chop chop! Lets all gawp at Newcastle (again)

    in Other Football

    Posted

    1 hour ago, bobzy said:

    If it wasn't for Chelsea's currently ridiculous spend, you'd be ahead of the rest of the league by a mile since your takeover.

    We will spend more in upcoming windows, UCL prize money and the Adidas deal for shirts next year is reputably worth £40 million a season, and of course the PL monies. We’ll be ok.

    Chop chop! Lets all gawp at Newcastle (again)

    in Other Football

    Posted

    On 17/07/2023 at 12:09, Demitri_C said:

    Thats the only hope we have as if all thw other clubs come together put a stop to it then thats only way. Newcastle can be as rich as they like byt you have no product if the other 19 clubs dont want to deal with you

    Its going to eventually be on a knife edge i think when that happens

    Oh if only it was as simple as that!!

    Chop chop! Lets all gawp at Newcastle (again)

    in Other Football

    Posted

    6 hours ago, Chindie said:

    I read that that was apparently agreed as acceptable for the market rate for that sponsorship somewhere. Which is absurd. Newcastle were relegation candidates barely a year before that sponsorship was announced. Then suddenly they're getting sponsorship from an entity that is clearly related to their ownership for a massive increase in sponsorship income. And that's acceptable.

    Absolutely obscene and the more I think about it the more I wonder what the **** point is.

    Related Party Sponsorship is allowed under PL rules and to counteract that the Fair Market Value panel was set up to prevent over inflated sponsorship deals. Any related sponsorship of Newcastle will likely have been approved before being announced.

    Training Ground and Training Kit are next, another biggie potentially stadium naming rights. The potential for commercial growth is huge and will be exploited to increase turnover.

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