1. Log in now to remove adverts - no adverts at all to registered members!

Spending cap

Discussion in 'Newcastle United' started by Albert's Chip Shop, Apr 29, 2024.

  1. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
    Forum Moderator

    Joined:
    Jun 27, 2011
    Messages:
    73,545
    Likes Received:
    39,495
    IMG_8654.jpeg

    lol.

    another rule.

    bye Chelsea and spurs.

    5x the TV revenue of the lowest team in the PL

    can we get spending then?
     
    #1
  2. Eddie's British Plodders

    Eddie's British Plodders Well-Known Member

    Joined:
    Aug 31, 2012
    Messages:
    5,474
    Likes Received:
    3,503
    Apparently, if it goes through the final vote in June, it would replace current ffp rules from 2025-26 season. According to that Maguire football finance guy it would mean we can spend up to £550million per season on wages, signing fees and agent fees. This amount would increase or decrease in line with PL TV revenue received by lowest finishing club. Man Utd reaction suggests it would benefit us, as they reportedly were dead set against it. Man Utd, Man City and Villa voted against. Chelsea abstained.
     
    #2
    Kryptonite and Sheikh_of_Araby like this.
  3. OssieJoe

    OssieJoe Member

    Joined:
    Jan 31, 2011
    Messages:
    47
    Likes Received:
    40
    Finally the PL does a system that is fair. Came out of the blue this one, but makes a-lot of sense. No surprise it was the two Manchester clubs that voted it down, glad it passed anyhow. Effectively this will be great benefit to those outside of the CL/Europe. Think Man U voted it down as they have big revenues outside of CL so rely on those for FFP, they will be ****ed now haha....
     
    #3
  4. Obi Wan

    Obi Wan keeper of the peace
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    39,865
    Likes Received:
    26,063
    Sounds like good news for then.

    But why "5x the TV revenue of the lowest team in the PL"? Who came up with that as a benchmark for spending? <laugh>
     
    #4
  5. Obi Wan

    Obi Wan keeper of the peace
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    39,865
    Likes Received:
    26,063
    And I've said it before, but we really do need to cut some of the crap from the squad, not keep offering extended contracts to dead wood. Even if we get nowt for them, just trim the wage bill to make more room for spending (on the revenue vs fees & wages ratio).
     
    #5
    Roland Deschain likes this.
  6. Roland Deschain

    Roland Deschain Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    13,231
    Likes Received:
    11,347
    This. Cannot fathom a contract for Gillespie, or if they crack on with contracts for Dummett and Ritchie.
     
    #6
  7. Obi Wan

    Obi Wan keeper of the peace
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    39,865
    Likes Received:
    26,063
    Gillespie contract indicates one of our other keepers will likely leave in the summer. But yeah, Dummett and Ritchie, come on, time to move them on.
     
    #7
  8. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
    Forum Moderator

    Joined:
    Jun 27, 2011
    Messages:
    73,545
    Likes Received:
    39,495
    We can give Longstaff a longer deal now.
     
    #8
  9. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

    Joined:
    Apr 10, 2012
    Messages:
    14,210
    Likes Received:
    10,156
    Related party deals will also be passed in June.

    This is a game changer for us. We can actually spend money.

    Keep Bruno and Isak this summer and we are laughing going forward.
     
    #9
    Kryptonite and cronemeister like this.
  10. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
    Forum Moderator

    Joined:
    Jun 27, 2011
    Messages:
    73,545
    Likes Received:
    39,495
    mr positive in the house.
    Respect.
     
    #10

  11. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
    Forum Moderator

    Joined:
    Jun 27, 2011
    Messages:
    73,545
    Likes Received:
    39,495
    IMG_8662.jpeg

    Wage bill rankings per week
     
    #11
    Sheikh_of_Araby likes this.
  12. ToonArmy1892

    ToonArmy1892 Well-Known Member

    Joined:
    Oct 10, 2021
    Messages:
    17,027
    Likes Received:
    14,668
    Does it mean we can spend loads of money?
     
    #12
  13. Obi Wan

    Obi Wan keeper of the peace
    Forum Moderator

    Joined:
    Jan 25, 2011
    Messages:
    39,865
    Likes Received:
    26,063
    d65973o-b57e3b4d-1393-4fe1-b0f0-2eecedf45b58-1.gif
     
    #13
    Mick O'Toon and ToonArmy1892 like this.
  14. Mick O'Toon

    Mick O'Toon Well-Known Member

    Joined:
    Jan 27, 2011
    Messages:
    33,795
    Likes Received:
    27,334
    WTF are manure paying for? <laugh>
     
    #14
    CaraMatt likes this.
  15. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    30,155
    Likes Received:
    17,291
    I can’t fathom where the logic is re the 5x.

    Does that mean FFP over 3 years is scrapped?
     
    #15
  16. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    30,155
    Likes Received:
    17,291
    And does the cap include transfer fees aswell as wages and agent fees?
     
    #16
  17. Wontspendcantspend

    Wontspendcantspend Well-Known Member

    Joined:
    Aug 4, 2019
    Messages:
    115,974
    Likes Received:
    60,170
    Summary please? What the **** is this ?
     
    #17
    CaraMatt likes this.
  18. Mick O'Toon

    Mick O'Toon Well-Known Member

    Joined:
    Jan 27, 2011
    Messages:
    33,795
    Likes Received:
    27,334
    If you have 3 apples etc
     
    #18
  19. Wontspendcantspend

    Wontspendcantspend Well-Known Member

    Joined:
    Aug 4, 2019
    Messages:
    115,974
    Likes Received:
    60,170
    I have more than 3
     
    #19
    Mick O'Toon likes this.
  20. OssieJoe

    OssieJoe Member

    Joined:
    Jan 31, 2011
    Messages:
    47
    Likes Received:
    40
    I think the 5x is arbitrary. Keeps the spending cap high, while also implementing a spending cap.
    Many clubs cant even afford to spend 5x their amount but it does allow clubs that don't generate the revenue to be able to spend as much as the "big boys" if they wish to, as all clubs will have the same spending cap. Only Chelsea supparsed this amount last time, most clubs wont get close, but allows the smaller clubs to spend big if they wish to.
    Personally think its the best thing PL has done in a long time..... Finally some of the smaller clubs are having their voices heard above the cartel.
     
    #20
    Prince Isak (GG) and Judge Death like this.

Share This Page