I follow the NBA, and I love what this rule would mean for the Toon. No point of having the richest owners in the world if they can't spend. We'll be title contenders within a few years if this passes. This is huge news!
We’ll grow more/quicker commercially by smashing UEFA spending rules and being a force in the Prem… the global market share would massively increase and the commercials would follow.
Sticking to UEFA limits would mean we never grow to a level where being in Europe is worth it, too many clubs have too much of a head start.
Also, if UEFA ban us for a while until commercials cover spending (and likely it wound only be a few seasons as we could spend big to improve squad in a short period) and we were banned from European football, we’d just be concentrating on domestic games… mostly 1 game a week… we’d win something pretty damn quick 🤣
I follow the NBA, and I love what this rule would mean for the Toon. No point of having the richest owners in the world if they can't spend. We'll be title contenders within a few years if this passes. This is huge news!
We are precisely the type of 'project' that UEFA rules were brought in to protect legacy clubs Manure, Liverpool, Juve, Milan, Real Madrid, Barcelona etc against.
They (the old money clubs) were amused by Abramovich's vast spending until Chelsea won the Champions League and the Russia was invited up to hoist the trophy.
They were alarmed when Mansour took over from Thaksin Shinawatra @ City in 2008.
They were less bothered about the Qatari's purchase of PSG as they understood the French League is a 2 bit, 4th rate competition & they would never be a genuine competitor to the European Elite no matter how much they spent.
Plus the fact that Uefa is a Francophone centric organisation, anything to stop the English domination. They genuinely hate us.
However, the fact our owners are 10x richer than all the other owners in the EPL combined. They simply can not allow us the same competitive level playing field. Rules will change every year as we take steps forward to success.
The club isn't able to benefit from the associated sponsorships PSG, Man City, Chelsea etc have done. Growing out the commercial revenue will be based purely on success. Unless a very wealthy fan of NUFC who's been working in the Middle East for 10 yrs, for example, as the ability to finance several million £££ in sponsorship deals for the club as a non-affiliate.
If his group of companies was able to sponsor certain aspects of the club that wouldn't impact the clubs ability to attract major sponsors like the Front of Shirt for the Womens team, or training top sponsor. That would go some way to expanding the club revenue streams and allowing them more freedom to pay bigger wages & be more competitive with the usual suspects.
I get that they are concerned we could blow them away but I’m not asking to be allowed to spend more than the ‘big’ six, just the SAME as them.
All clubs being allowed to spend the same would be great for the league IMO - it would mean the best would be the best for footballing reasons only.
I know ‘they’ don’t want this but it would be simple to achieve using caps.
The only way around it is through the courts, with the premier league and uefa tided in expensive leagal battles costing them millions. They’ll do a unturn.
We, here & in the wider fanbase all agree Topster!
Each team that can afford to spend money should be able to spend an equal amount to the biggest spending team. That is fair and equal.
However, all this 'care' to 'protect' clubs is the same as giving away freedom for perceived security. It's just control wrapped in a lie using 'soft language' that distances the controlling manipulators from the cynical abuse of power.
As an example Chelsea spent $800m in two windows. They can afford it with their revenue streams. Villa and NUFC have the means via their owners to equal that spend. We should be allowed to spend up to that amount.
Why don’t they just put a maximum spend each season on every club, say £200 million or whatever, or is that too simple?
With the EPL, the clubs chose the FFP/PSG rules. I don't know how it works with UEFA. If the UEFA board make up these rules and the clubs don't get a say. Then absolutely a group of clubs will have to take it to court.
I'm not sure that many clubs will support the English Clubs case to do away with the 70% rule and take the shackles off the Premier League clubs ability to spend spend spend & blow the other leagues out the water.
That's what they think, however, the dirty little secret of La Liga, Serie A etc is that if the EPL teams don't come in and pay over the odds for their players they don't get to buy more players.
When we signed Isak, the chatter in Spain was that we over-paid £25-30million. The message boards & newspaper website comment sections all said he would have cost approx 40m Euro, not 73m Euro had he gone to another La Liga club.
The greed of Madrid & Barcelona to reject the same deal as the EPL was offered has lead La Liga to be a 2 horse race. Teams like Alaves and Mallorca are a joke, with average attendance of 11-12,000 for Alaves & about 16,000 for Mallorca.
That's EFL League 1 numbers.
Without our excellent business acumen & constant commercial success these bottom feeders would go bankrupt overnight.
Hubris indeed.