toffee-L
Player Valuation: £20m
I'm confused, will someone please explain in ways that a 5 - 10 year old would understand how Newcastle, Man City, PSG and the like can spend millions according to everything that I am reading, but Everton who apparently are backed by 2 of the richest guys in the world are negotiating deals from the middle aisle in Netto.
Neither Newcastle or City are a worldwide brand, so it has to be money from the owners pocket? Our owner is willing to spend, but can't because of regulations??
A good lawyer should be able to throw this in the bin for restriction of trade.
It's like an engineering firm being told that they can't buy the latest machine because they might get better than their competitors??
Apparently because of how much of tight arse Mike Ashley was, Newcastle are in a fabulous position for Profit and Sustainability purposes and the new owners can chuck around £200 million purely at the playing and coaching staff straight away.
What it comes down to though is turnover. Man City completely fake theirs by disguising their owner's investment behind sponsorship deals. I expect Newcastle will do the same once they start getting close to the FFP line. Sadly for us, whilst our revenue remains around the £150 million mark, we won't be getting clear of the premier league regulations to the point where we can throw endless money around.