More

    Newcastle Could Spend Up to £200m on Transfers Without Facing FFP Sanctions

    Visionhaus/Getty Images

    What do Newcastle United and your aunt who just won £400 on a scratch card have in common?

    They’re both set to come into a bit of money, and will probably spend it recklessly.

    If you haven’t heard, the Magpies – pending Premier League clearance – are about to be released from the clutches of Mike Ashley, and taken over controversially by the Saudi Arabian Public Investment Fund. Though there are still some hurdles to overcome…

    Their prospective new owners are just a little bit ambitious. However, while they have been linked with Gareth Bale and Philippe Coutinho among an extensive list of unlikely transfer targets, there have been some dissenting voices who have suggested they will be unable to spend so lucratively while keeping within FIFA’s notorious Financial Fair Play regulations.

    The Shields Gazette believe they have debunked any such claims, however, as university lecturer and Price of Football author Kieran Maguire – not an expert, according to his Twitter bio – says their thrifty spending in previous windows means they have a cushion to go big under their potential new leaders.

    “I’ve crunched the numbers and NUFC have an FFP profit of around £82m over the past two seasons to the end of 2018/19. The allowable loss is £105million over a three-year period,” Maguire is quoted as saying.

    NFL Betting

    “Assuming the new owners sign players on four-year deals, they could spend anywhere between £150-200m in one window or a season and still stay within the Premier League limit.

    “There is little love towards Mike Ashley – and rightly so – but he’s leaving a financial legacy that is attractive to any rich successor.”

    Wouldn’t it just be ironic if the stingy spending of Ashley – so fervently criticised by the Magpies fanbase – ended up being the very thing that facilitates the signing of Ousmane Dembele or something equally stupid?

    It probably won’t be, but it’s worth a thought.

    For more from Robbie Copeland, follow him on Twitter!

    Source link news

    Related articles

    Comments

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Betting on Soccer

    Share article

    Latest articles

    Chiellini and the team lift the Supercoppa for Juventus -Juvefc.com

    Juventus won the Supercoppa Italiana for the ninth time after beating Napoli 2-0 this evening.The trophy is Andrea Pirlo’s first as a coach, and...

    Solskjaer pleased with ‘reaction’ as Cavani and Pogba goals see Man Utd come from behind to win, again

    Manchester United once again came from behind to move back to the top of the Premier League as Paul Pogba netted a superb winner...

    Jurgen Klopp urges Liverpool players to be more resilient – Liverpool FC

    Liverpool manager Jurgen Klopp wants his players to be more resilient and insists he is well aware of the reality facing his side. Four matches...
    Betting on Soccer

    Newsletter

    Subscribe to stay updated.

    Get all the Soccers update on your hand. Always touch with Soccer