APT rules

[ToonArmy1892]

The letter and public attack on the Premier League is the winner letting the Premier League know they're going to destroy them.

It's so bold and bullish that it shouldn't take a rocket scientist to figure it all out.

The weak response from the Premier league is also very telling.

They are now totally ignoring it on SSN, who are in bed with the PL, hoping it will just go away.

They know they are toast.

 

[Fox Mulder]

They are now totally ignoring it on SSN, who are in bed with the PL, hoping it will just go away.

They know they are toast.

They can ignore it but it's just the start

Ssn is a comedy channel... clueless ponces and youtubers.

 

[Mick O'Toon]

Might be missing something here but why didn't Stavely/shareholder lend the club £200m?

 

[Fox Mulder]

Newcastle have been weaving their Webb

 

[Roland Deschain]

Might be missing something here but why didn't Stavely/shareholder lend the club £200m?

I think you can only lend in relation to infrastructure, so when we announce the stadium plans it’ll be funded partly by shareholder loans. Can’t be used for players.

 

[GodAlmighty]

Might be missing something here but why didn't Stavely/shareholder lend the club £200m?

They went straight to buying a single share for £35m etc

 

[Roland Deschain]

They went straight to buying a single share for £35m etc

That’s different thought, not lending. Again shares and loans relating to shareholders can only be used for operational stuff, not player acquisition right?

 

[Mick O'Toon]

I think you can only lend in relation to infrastructure, so when we announce the stadium plans it’ll be funded partly by shareholder loans. Can’t be used for players.

They went straight to buying a single share for £35m etc

What if you had earmarked say £100m for infrastructure from your own assets and a shareholder lent you that £100m,would that not free up £100m for players?Or am I been too simplistic?

 

[GodAlmighty]

That’s different thought, not lending. Again shares and loans relating to shareholders can only be used for operational stuff, not player acquisition right?

I thought it was for any purpose but not included in profits for PSR purposes

 

[GodAlmighty]

What if you had earmarked say £100m for infrastructure from your own assets and a shareholder lent you that £100m,would that not free up £100m for players?Or am I been too simplistic?

Seriously mate the way they’ve ****ed in with FFP, PSR and APT I can’t honestly give you a confident answer anymore.

 

[Fox Mulder]

If Newcastle tried anything cute they'd have been after them. Newcastle will wait until the opportunity arrives.

 

[Mick O'Toon]

Seriously mate the way they’ve ****ed in with FFP, PSR and APT I can’t honestly give you a confident answer anymore.

I went to the "rob Peter to pay Paul"school of economics

 

[Mick O'Toon]

If Newcastle tried anything cute they'd have been after them. Newcastle will wait until the opportunity arrives.

Yeah but everyone else can do it,selling hotels etc

 

[Sheikh_of_Araby]

Don't be surprised if we go after the PL.

 

[GodAlmighty]

Yeah but everyone else can do it,selling hotels etc

Well not everyone…… pretty sure if we bought the sandman and flogged it for £300m more the PL would have jumped on us. I mean wor lasses have won 2 titles in a row and going by Chelsea’s attendances they must now be worth about £800m

 

[GodAlmighty]

Don't be surprised if we go after the PL.

We don’t need to. We have Middle Eastern underlings to do our dirty work for us to impress big brother

 

[Fox Mulder]

Yeah but everyone else can do it,selling hotels etc

Everyone else was allowed to do many things until 5 days after the takeover.

Reality is coming home to roost though.

 

[Fox Mulder]

We don’t need to. We have Middle Eastern underlings to do our dirty work for us to impress big brother

I think we'd be naive to think Newcastle aren't spinning their own Webb.

 

[GodAlmighty]

While the loans look high if you add an assumed base rate of interest of 5% is about 12.5m for Arsenal. Not sure what their PSR figures look like but not insurmountable for them I'd imagine. Everton on the other hand have £451m in loans, so about £22.5m annual and they were already running close to/overstepping the line in recent times.

If that's back dated to 2021 when the rule were enforced they could find themselves in hot water come accounts season next summer...

£12.5 is £37.5m on a 3 year cycle it’s a canny whack when the limit is £105m

 

[JakartaToon]

Seriously mate the way they’ve ****ed in with FFP, PSR and APT I can’t honestly give you a confident answer anymore.

Loans are just money to support cash flow. The monies provided can be used for anything dependent on the terms of the loan. They have no impact on P/L which is what PSR is based on. Interest on a loan would be charged to the P/L.