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January Transfer Window 2023

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Newcastles 3 strikers cost £62m, £25m and £20m. Over 100m on strikers. They have a 211m net spend since the takeover with less turnover than us in past few years (from what I could see on Google). That’s more than our net spend over last 5 years.

Yet we can’t spend. FFP does not work.

Or am I missing something?
Yes. FFP is a rolling cycle, and Newcastle were profitable last few years. so let's say they've spent 200M, split over 5 year contracts, plus 35M extra wages. That's 75M per year extra. They were making a profit over previous years, so they would maybe lose 60M per year, based on previous turnovers. Which would get them into trouble a few years down the line. However they'll qualify for Europe, adding 30M minimum to their turnover, and probably create 30-40M new sponsorships, meaning they'll break even, allowing their Saudi paymasters to invest even more into their club.

We invested heavily over three years, and are still living with those mistakes, both in terms of unproductive players (Doucoure, Mina, Gomes, Gbamin) that are costing us huge amounts of amortisation and wages whilst not producing anything. And as well in terms of the losses over the last few years limiting us (to an extent) in terms of PL rules.

But that isn't really our major problem now, given the current season will be replacing an non-covid related 100M+ loss on the cycle. We won't be near the threshold at the end of the season whatever we do. Our real problem is our owner's (and our) sources of cash have dried up due to sanctions on russian assets, and we have 300 or 400M worth of stadium left to finish (which as of now our owner is paying for out of his own pocket). This means that any funds he would usually have put into the squad is going on the stadium.
 

They make more money than us through sponsors and gate receipts for a start. Their wage bill has probably been a quarter of ours over that period too. We don’t make any money as a business, we lose £100m+ every single year, that’s why we’re in breach of P&L and they’re not.

I'm not sure that's really the case mate. Our turnover was higher, and wage bill probably a bit higher (but wouldnt be surprised if they are now).

However they were very frugal under Ashley so have wriggle room. And within that window, they cleared house, and got a competent team in to manage it.

We left the same people in charge. That is the key, original mistake. It would have been like them allowing Dennis Wise, Bruce and Ashley to spend 300m.

FFP doesnt make a lot of sense either. But suspect we are hampered by cash flow this window as much as that. It's a bad system, that's easy to game, but our board are too thick and arrogant to know how to game it.
 
I think we’ll end up with Ings. If you listen to franks last news conference here let’s slip about “obligation to buy, or whatever”. I reckon he was thinking about Ings. We might be trying to get a relegation clause out in though
 
But would you be trying to sign wingbacks before a creative attacking player and a striker?
Ideally I would bring in a strong quick versatile wide forward who can play up top, similar to richarlison, for when DCL inevitably ruptures his sphincter and then yes I think then I would try and find some reliable experienced fullbacks that can actually cross becasue we cannot rely on myko and Coleman going forward
 

If they want him in the summer then couldn't we play it clever, agree the deal now to go through before the end of June, then spend the money in this window knowing it is coming in before the end of the financial year?

Would be great but they will wait until we are relegated and desperate like they did with Richy
 
I think we’ll end up with Ings. If you listen to franks last news conference here let’s slip about “obligation to buy, or whatever”. I reckon he was thinking about Ings. We might be trying to get a relegation clause out in though

Wolves and Southampton signing striker who recently have been playing champions league football.

Our options are Danny Ings and a lad from Blackburn Rovers
 

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