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Financial, erm, Stuff

Discussion in 'Newcastle United' started by FadgewackeR, Aug 10, 2023.

  1. Dr Venkman

    Dr Venkman Well-Known Member

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    Business as usual

    https___d1e00ek4ebabms.cloudfront.net_production_67448bd5-2e25-42fb-b219-3a3796b0cfbf.jpeg
     
    #201
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  2. Obi Wan

    Obi Wan keeper of the peace
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    #202
  3. Dr Venkman

    Dr Venkman Well-Known Member

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    #203
  4. Roland Deschain

    Roland Deschain Well-Known Member

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    Still cannot get over Chelsea being allowed to sell their own group two hotels for £75m and it being allowed to count towards PSR.

    But it's not corrupt, I tell ye.
     
    #204
  5. G4rdToonArmy

    G4rdToonArmy Well-Known Member

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    And their womens team

    AND A ****ING CAR PARK!

    Literally the most corrupt BS I've ever seen - I bet you if we sold a brick to PIF there would be outrage and we'd be relegated to league 2
     
    #205
  6. Rum & Black for 2

    Rum & Black for 2 Champion’s League Prediction League Champion
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    I don't know the price of the hotels or if it was a reasonable price (not that they should have been allowed to do that anyway) but IIRC the price for the womens team was £159M which to say it was exhorbitant would be like suggesting Chippy is a workaholic and that Fat Boy was slimmer of the year so far off the mark was it.
     
    #206
    Last edited: Jan 14, 2025
    FadgewackeR and magpie290761 like this.
  7. G4rdToonArmy

    G4rdToonArmy Well-Known Member

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    £159m for their women's team? I get they bought their stadium but Kingsmeadow (where AFC Wimbledon use to play) was worth about £2m when they bought it and then the squad is worth about £3-4m on top of that, so where does the rest of the value come from?

    Surely that sets a precedent right? If Chelsea's women's team are worth £159 MILLION then what is Newcastle's Womens team worth? Lets just sell it to Black and White Co for £100m and bank the money for the men's team.
     
    #207
  8. Roland Deschain

    Roland Deschain Well-Known Member

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    I cant fathom why nobody questions it.
     
    #208
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  9. Dr Venkman

    Dr Venkman Well-Known Member

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    There's no reason why a club can't sell anything. Newcastle fans shouldn't be beating drums to close those opportunities either.
     
    #209
  10. Rum & Black for 2

    Rum & Black for 2 Champion’s League Prediction League Champion
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    Yes we should.

    If rules exist then everyone should comply with them. Those not complying should be penalised.
     
    #210

  11. Dr Venkman

    Dr Venkman Well-Known Member

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    The rules weren't broken that's the point I'm making. If you're a club trying to find ways to increase revenue you don't want any more avenues being blocked just because another club found one.
     
    #211
  12. Rum & Black for 2

    Rum & Black for 2 Champion’s League Prediction League Champion
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    Yes, they were broken. The PL just chose to pretend that they weren’t.

    Related party in excess of £1M and inflated price. Love to know the PL’s explanation as to how the sale of the womens team didn’t breach the rules.
     
    #212
  13. Dr Venkman

    Dr Venkman Well-Known Member

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    Obviously they weren't broken... Chelsea found a loop hole.

    Hopefully Newcastle can find one or the same one one day.
     
    #213
  14. Rum & Black for 2

    Rum & Black for 2 Champion’s League Prediction League Champion
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    No, obviously the PL have bent their own rules to suit their own needs. It’s similar to Man U’s “special allowances “ which meant they didn’t breach psr.
     
    #214
  15. Geordie Ginola

    Geordie Ginola Well-Known Member

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    It’s knuts isn’t it. And yet the PL want to VET every commercial deal we make over £1m or at least they did.

    It’s disgusting.
     
    #215
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  16. Geordie Ginola

    Geordie Ginola Well-Known Member

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    I agree with this. It’s a direct related party and it’s inflated by a significant amount. They are valued at more than half our takeover cost of an established English premier league side.

    It’s blatent cheating.
     
    #216
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  17. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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    It's complete madness that the biggest headline during the January transfer window is that no club breached PSR. It's why the PL's days are numbered.

    It's no longer entertaining or fun. The top clubs will no longer be able to sign the best players given the restrictions. The PL has caused its own downfall.
     
    #217
  18. Maximin Effort

    Maximin Effort Well-Known Member

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    From what I understand, the sale of Chealsea's womens team has not been ratified yet as fair market value by the PL.
     
    #218
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  19. Dr Venkman

    Dr Venkman Well-Known Member

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    Conspiracy theories
     
    #219
  20. Rum & Black for 2

    Rum & Black for 2 Champion’s League Prediction League Champion
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    Or

    The truth.

    Otherwise explain the sale and the valuation of Chelsea womens football team.

    Otherwise explain the ‘special allowances for Man U.
     
    #220

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