After the Everton debacle, Newcastle has an FFP plan, but the offer might be “too good to refuse.”

After the Everton debacle, Newcastle has an FFP plan, but the offer might be “too good to refuse.” 

 

 

Although Newcastle United has made an effort to abide by the Premier League’s

profit and sustainability rules, the Magpies will face difficulties in the future in terms of headroom creation.

They continue to wait. Following the submission of their 2017–18 season financial statements, Premier League clubs are expected to learn on Monday if

they have violated the league’s profit and sustainability policies. While Newcastle United has complied, a few others are

anxiously awaiting word on whether they have managed to avoid the dreaded referral to an independent commission.

Everton and Nottingham Forest are preparing for each other, as the Toffees are still in shock over their immediate 10-point deduction for the financial

statements from the prior year. It was a penalty that rocked boardrooms across the nation, and a year later, the Premier

League hit Man City with 115 charges. Ask Darren Eales, the CEO of Newcastle United.

The Everton ruling actually demonstrated the PSR regime’s teeth, and I believe that’s what’s probably

convinced many Premier League players that this is a real concern,” he told reporters.

To be clear, we have known since our takeover that this is the regime we

operate in, and everything we do, including our business plan, is predicated on our compliance

But I think it’s fair to say that a lot of people probably didn’t expect it to be the level that it was and that’s has certainly focused minds.”

That is saying something when, even months before the takeover, part-owner Amanda Staveley vowed ‘we don’t want

to abuse any systems’. There were no plans to buy a Robinho while, privately, the club’s hierarchy were wary of flying

too close to the sun as Everton did in years gone by following years of poor recruitment.

Rather than thinking week to week, month to month or even window to window, Newcastle have had to be

strategic. That discipline has helped Newcastle in a way, to ensure the black-and-whites do not lose more than the

permitted £105m over a three

-year period, but also prevented the club from truly maximising their wealthy backing.

However, I believe it’s fair to say that many people probably weren’t prepared

for it to reach the extent that it did, and that has undoubtedly helped to focus minds.”

That is significant considering that Amanda Staveley, a co-owner, declared

months prior to the takeover that “we don’t want to abuse any systems.” There were no intentions to purchase a

Robinho, and the club’s management was reluctant to take a risk like Everton had after years of subpar hiring.

Newcastle has had to be strategic rather than focusing on the week to week, month to month, or even window to window.

In some ways, this discipline has benefited Newcastle by preventing the black-and-whites from losing more

money than is allowed over a three-year period—but it has also kept the team from fully capitalizing on their wealthy support.

High-ranking officials at Newcastle mention the “tension” that exists between letting wealthy owners of upwardly mobile clubs be even more

competitive and making sure community assets don’t overspend. There are “many different ways to tackle that problem,”

according to Eales, and the Newcastle manager has stated that this will be a topic of discussion in the “coming years .

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