Football Finance
- Thread starter King Binny
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thanks for the serious reply. be interesting if chelsea are cleared and flogging things internally with a patsy investor becomes a ‘thing’. honestly i think newcastle would love one big hit at building a side without psr constraints.
I think there needs to be a rain check on PSR. It wasn't created to entrench the advantage of the existing big teams, but that has been its effect.
At the same time, it hasn't stopped the likes of Everton and Villa almost going to the wall because its bite wasn't hard enough, but also there are too many schmucks lining up for a piece of the action - no-one should have. touched Everton with a barge pole, but they are still here, not because PSR protected them, but because Friedkin bailed them out and Moshiri accepted he needed to take a big hit on his investment.
There needs to be some sort of relaxation to allow the likes of Newcastle the chance to have a go at breaking into the top tier of clubs, but it still needs to protect the likes of Everton and Villa from inflicting potentially massive harm on themselves (and more importantly, on their fan base).
And obviously it needs to give good, hard fuckings to the likes of City, PSG and Chelsea, who are all taking the piss.
At the same time, it hasn't stopped the likes of Everton and Villa almost going to the wall because its bite wasn't hard enough, but also there are too many schmucks lining up for a piece of the action - no-one should have. touched Everton with a barge pole, but they are still here, not because PSR protected them, but because Friedkin bailed them out and Moshiri accepted he needed to take a big hit on his investment.
There needs to be some sort of relaxation to allow the likes of Newcastle the chance to have a go at breaking into the top tier of clubs, but it still needs to protect the likes of Everton and Villa from inflicting potentially massive harm on themselves (and more importantly, on their fan base).
And obviously it needs to give good, hard fuckings to the likes of City, PSG and Chelsea, who are all taking the piss.
Do you use language like that in audit reports? 
Don't you dare call me an auditor!!!!!Do you use language like that in audit reports?
We've all got every faith in them getting that very delicate balance exactly right!
The audit-aciteh of JJ.
Do you have any insight into why Newcastle is not egregiously breaking the rules and is being somewhat cautious with its spending? I assume they have the largest wallets in all of football. They just wrote a billion-dollar check for CWC. Maybe they are focused too much on the Saudi league and the world cup?
I have to admit I'm pleasantly surprised to see how they've conducted themselves. However, it's worth bearing in mind that the bulk of City's abuse of the rules has revolved around the value of their sponsorships (and I expect that will be a major focus of the PSR decision if we ever get to see it). They initially claimed there was no connection and later that it was all priced above board. Neither of these things are true, but that value is essentially locked in unless the PL wins the 115/130 case. When the Newcastle takeover was already underway (if you remember, it was delayed for ages by the fit and proper persons test), the PL introduced the APT rules which specifically targeted them and prevented them from gaming the system the way City did (because it introduced a cap on the value of their potential commercial deals with connected parties which would have been lower than what City got away with, and also meant they couldn't take the piss by having PIF clubs bid astronomical sums for their players - Saint-Maximin was the major sale to Saudi, and went for what looked a fair price).
It's worth remembering, if you look at City's declared figures, they comply with PSR (they've only been done for breaching UEFA rules). If you look at Chelsea's figures and allow their intra-group sales, they comply with PSR (but I think they'll fail UEFA rules for last year and the coming season). The only teams ever found to have breached PSR were Everton and Forest (and you could probably add Leicester had they not got away with it on technical grounds). No-one has had the brass neck to really go for it without covering their tracks and making it look like they didn't cheat (which in City's case, I believe, means cooking their books). United managed to do a deal with the PL to get away with some of their losses due to an extended impact of covid (which was bullshit) and some clubs, including Villa and Newcastle, traded their way out of trouble by selling players to each other at inflated values and / or doing legit deals for players they'd have rather kept.
So Newcastle would have been really out on a limb if they'd gone for it. There is also the European dimension for them - as they have been in and out of Europe, they're also trying to navigate the much stricter UEFA rules as well (which Everton and Forest weren't too concerned about historically). This probably means they'll try to do things organically for a bit.
But if City don't get done on 115/130, then I expect them to throw the cash around however they like, especially if they are not going to be in Europe (or if they believe they can game the system with artificially inflated commercial deals a la City and PSG). But unless or until that happens, I expect they'll play nice. Hopefully that means selling Isak to us to give themselves some scope to spend this summer.
