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January Transfer Window 2023

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NeilA1878 said:
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.
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Was always pointed out that Ashley had them in a financial position that they could spend £200million before even scratching FFP.
 
It’s pretty rare that bids or strong interest in a player doesn’t get leaked these days, the agents/selling clubs know it gives them potential bargaining power.

So apart from waiting for United to sign someone to see if Elanga is free for a loan.. and seemingly asking Villa if their 2nd choice striker is free for a loan…. what exactly have we been doing the past 5 months.
 

NeilA1878 said:
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.
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I agree with you here, that we are not being restricted by any spending rules and that our lack of expenditure is due to the unique issues effecting Usnsnov and Moshiri.

However, in the scheme of things, 20 million isn’t that much to either of them, and in my opinion they should be sorting something out to add about that to our transfer funds in an attempt to stave off the massive costs and reduction in value that would come from relegation.

I think we will find some cash from somewhere. If you believe our ‘interest’ in Mudryk and Kudos was genuine and not just media PR, then it follows that there should be funds available now!
 
kenada_blue said:
Was always pointed out that Ashley had them in a financial position that they could spend £200million before even scratching FFP.
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He ran them on a shoe string. Never spent a penny of his own cash. Sold players and gave a little back to the manager to spend. That’s probably why they were an attractive proposition to buy. No real limit on what they can spend and probably very little to no debt.
I think someone pointed out they could spend £200 million for the next three seasons and still not have FFP issues.
If they get champions league, they more than likely will.
 

catcherintherye said:
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.
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The part in bold underpins everything that's wrong with this so-called takeover.

Operationally, nothing really changed.
 

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