BTRFTG Posted October 8, 2021 Report Share Posted October 8, 2021 7 minutes ago, Mr Popodopolous said: Believe that Real Madrid- somehow and so they say- actually made a small profit last season. If they and the same goes for Barcelona decide to forego on the pitch pushes especially the latter for debt restructuring and repayment it'll help them in the long run. Fair play to them as they've worked hard at reducing costs and have turned a cumulative 'profit' (sic) of €1.2m over the past two years but they report using the Gordon Brown accounting method ("I'll resign if PSBR >40% of GDP" , it hit 114% save he didn't count PFIs & Public Sector Pension liabilities.) Amazingly they made €800k despite estimating an in-year loss of over €300m income. Something in the State of Denmark doesn't add up. They've loans on just about everything, including nearly €600m over 30 years to refurbish the stadium. I suspect asset values, particularly with players, may well take a hit over the next few years. Point I was making is whilst revenue is an interesting measure its only half the equation. 1 Quote Link to comment Share on other sites More sharing options...
REDOXO Posted October 8, 2021 Report Share Posted October 8, 2021 How’s the weather up there today. Sunni or Shiite? Quote Link to comment Share on other sites More sharing options...
Jerseybean Posted October 8, 2021 Author Report Share Posted October 8, 2021 Summary of NUFC takeover news is here: https://www.bbc.co.uk/sport/football/teams/newcastle-united Quote Link to comment Share on other sites More sharing options...
exAtyeoMax Posted October 8, 2021 Report Share Posted October 8, 2021 Any MAshton sightings? Surely he's the man for the job… Quote Link to comment Share on other sites More sharing options...
CiderJar Posted October 8, 2021 Report Share Posted October 8, 2021 Summary of NUFC takeover news is here: 2 Quote Link to comment Share on other sites More sharing options...
Alessandro Posted October 8, 2021 Report Share Posted October 8, 2021 https://www.thedailymash.co.uk/sport/taliban-to-take-over-middlesbrough-fc-20211008212884 (Apologies if this has already been posted..) 1 Quote Link to comment Share on other sites More sharing options...
Baba Yaga Posted October 8, 2021 Report Share Posted October 8, 2021 (edited) Have never been to Newcastle but I was always under the impression that they are a massive club. For me they are without doubt in the top 10 biggest in England and arguably higher, appreciate what people have said about early 90's and going there but I don't believe that's a fair reflection looking at the numbers over time... http://european-football-statistics.co.uk/attnclub/league/newu.htm Obviously they are pretty shite at winning trophies but I think some are extremely harsh to say they are on a par with the likes of Ipswich, just my opinion. It's a sad state of affairs when people celebrate being sold off to the highest bidder and value that above the lack of humanity of the owners. Personally I would rather stay in the lower leagues forever than be sold off to Saudi's but I have no doubts they will be up challenging for trophies soon. I wonder if the Premier league title will soon become Saudi Arabia vs Abu Dhabi which in many ways is pretty depressing to think about. Edited October 8, 2021 by Baba Yaga Quote Link to comment Share on other sites More sharing options...
petehinton Posted October 8, 2021 Report Share Posted October 8, 2021 Quote Link to comment Share on other sites More sharing options...
pl00peh91 Posted October 9, 2021 Report Share Posted October 9, 2021 Sorry if this question has already been answered in the thread, but I was wondering - is there no FFP equivalent in the premier league which will cap Newcastle’s ability to spend or do they have carte blanche to spend what they want and basically build a team of Galacticos from scratch? Quote Link to comment Share on other sites More sharing options...
alexukhc Posted October 9, 2021 Report Share Posted October 9, 2021 Who will be first to declare they’ve always had a soft spot for Newcastle from the days of Shearer and the days of playing the champions league and beating Barca Quote Link to comment Share on other sites More sharing options...
Davefevs Posted October 9, 2021 Report Share Posted October 9, 2021 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted October 9, 2021 Report Share Posted October 9, 2021 51 minutes ago, pl00peh91 said: Sorry if this question has already been answered in the thread, but I was wondering - is there no FFP equivalent in the premier league which will cap Newcastle’s ability to spend or do they have carte blanche to spend what they want and basically build a team of Galacticos from scratch? There are rules, there will be some form of limit. Quote Link to comment Share on other sites More sharing options...
Engvall’s Splinter Posted October 9, 2021 Report Share Posted October 9, 2021 Little chuckle at the 19 other clubs who are rumoured to have complained about the takeover (including Man City). Laughable. Each club is very much in its own bubble in that league. Quote Link to comment Share on other sites More sharing options...
INCRED Posted October 9, 2021 Report Share Posted October 9, 2021 Well if you are a Newcastle academy player, coach or part of their development dept then you may as well pack your bags and look elsewhere as I can’t see a pathway for players at this club for the foreseeable future Quote Link to comment Share on other sites More sharing options...
Bris Red Posted October 9, 2021 Report Share Posted October 9, 2021 11 hours ago, petehinton said: Shocking really. Half of the clubs in the Championship including ourselves have better training facilities than Newcastle, that says it all really. Apart from the obvious of buying in new players i think the new owners first job should be getting their facilities up to date. Quote Link to comment Share on other sites More sharing options...
Leveller Posted October 9, 2021 Report Share Posted October 9, 2021 5 minutes ago, bris red said: Shocking really. Half of the clubs in the Championship including ourselves have better training facilities than Newcastle, that says it all really. Apart from the obvious of buying in new players i think the new owners first job should be getting their facilities up to date. It would be interesting to see how BCFC compared with that list, considering the stadium and training ground costs. That’s one area where the Lansdown regime has really performed. And yes, I understand the argument that SL is just increasing the value of his investment at the expense of overspending on the squad. Quote Link to comment Share on other sites More sharing options...
Bris Red Posted October 9, 2021 Report Share Posted October 9, 2021 5 minutes ago, Leveller said: It would be interesting to see how BCFC compared with that list, considering the stadium and training ground costs. That’s one area where the Lansdown regime has really performed. And yes, I understand the argument that SL is just increasing the value of his investment at the expense of overspending on the squad. We’d be about mid table I’d imagine, I’m not a huge Lansdown fan but that is one thing you cannot knock him for in recent years, even if it is only increasing his investment it benefits the whole club ultimately in a positive way..It’s interesting that Shearer said in an interview that St James’s Park has become really shabby over recent years, for all the money sloshing about the Premier league it’s surprising how little clubs in that league actually do invest in their infrastructure’s. I know a Man United season ticket holder who sits in the Stretford end and he is constantly complaining at how Old Trafford is slowly deteriorating, apparently their was a huge leak in the roof not so long back with rain water pouring on fans in the bottom tier of the stretford, embarrassing really. 2 Quote Link to comment Share on other sites More sharing options...
LondonBristolian Posted October 9, 2021 Report Share Posted October 9, 2021 43 minutes ago, Engvall’s Splinter said: Little chuckle at the 19 other clubs who are rumoured to have complained about the takeover (including Man City). Laughable. Each club is very much in its own bubble in that league. I think there are valid concerns about the risk of a club being effectively owned by a country with a poor human rights record and both the message that sends out and the damage it could do to the reputation of the league. However they are extremely strange claims for the Man City owners to be making… 2 Quote Link to comment Share on other sites More sharing options...
downendcity Posted October 9, 2021 Report Share Posted October 9, 2021 11 minutes ago, Leveller said: It would be interesting to see how BCFC compared with that list, considering the stadium and training ground costs. That’s one area where the Lansdown regime has really performed. And yes, I understand the argument that SL is just increasing the value of his investment at the expense of overspending on the squad. Ffp limits the amount of losses an owner can underwrite, in effect how much he/she can directly invest in the playing side of things. However there is no such restriction on investment in infrastructure. The old AG produced ticket sales on match days, but relatively little other revenue. I think I'm right in saying that we were the only championship club without any corporate boxes. The new AG generates greater match day income but also on other days because of the corporate facilities now available. All the revenue generated by the stadium can be used on the playing side. Similarly SL can invest in the academy, which he has. Developing our own players not only saves on transfer fees and wages if we produce championship able players, but if those players are good enough and want to play at a higher level, e.g Lloyd Kelly, then it generates larger profits on sale, which can be reinvested on the playing side. I am sure the investment in the stadium will enhance the asset value but in this case I am pretty sure there was wider motivation around the benefit to the club in terms of longer term financial sustainability. 4 Quote Link to comment Share on other sites More sharing options...
Engvall’s Splinter Posted October 9, 2021 Report Share Posted October 9, 2021 4 minutes ago, LondonBristolian said: I think there are valid concerns about the risk of a club being effectively owned by a country with a poor human rights record and both the message that sends out and the damage it could do to the reputation of the league. However they are extremely strange claims for the Man City owners to be making… True. But I did read that they also have stakes in Uber and Facebook to name but a few - would imagine many complaining will continue to use those services / platforms almost daily without realising. 1 Quote Link to comment Share on other sites More sharing options...
Leveller Posted October 9, 2021 Report Share Posted October 9, 2021 5 minutes ago, downendcity said: Ffp limits the amount of losses an owner can underwrite, in effect how much he/she can directly invest in the playing side of things. However there is no such restriction on investment in infrastructure. The old AG produced ticket sales on match days, but relatively little other revenue. I think I'm right in saying that we were the only championship club without any corporate boxes. The new AG generates greater match day income but also on other days because of the corporate facilities now available. All the revenue generated by the stadium can be used on the playing side. Similarly SL can invest in the academy, which he has. Developing our own players not only saves on transfer fees and wages if we produce championship able players, but if those players are good enough and want to play at a higher level, e.g Lloyd Kelly, then it generates larger profits on sale, which can be reinvested on the playing side. I am sure the investment in the stadium will enhance the asset value but in this case I am pretty sure there was wider motivation around the benefit to the club in terms of longer term financial sustainability. I totally agree - I was just fending off the anti Lansdown jibes in advance. SL’s strategy benefits the club; we just need better recruitment and management to use the FFP budget more effectively. Quote Link to comment Share on other sites More sharing options...
LondonBristolian Posted October 9, 2021 Report Share Posted October 9, 2021 5 minutes ago, Engvall’s Splinter said: True. But I did read that they also have stakes in Uber and Facebook to name but a few - would imagine many complaining will continue to use those services / platforms almost daily without realising. Indeed. But I actually think that matters less. The issue for me is dodgy regimes using sports as PR to try to improve their reputation. 3 Quote Link to comment Share on other sites More sharing options...
BanburyRed Posted October 9, 2021 Report Share Posted October 9, 2021 If I hear one more person say 'Newcastle deserve this...' then my head will literally explode.... 3 1 Quote Link to comment Share on other sites More sharing options...
Sixtyseconds Posted October 9, 2021 Report Share Posted October 9, 2021 Alan Sharia. Way aye man, we'll have fancy players and all the money like and the trophies an well keep bending the canny knee for equality and beheadings Tooooooooon. 1 Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted October 9, 2021 Report Share Posted October 9, 2021 (edited) 7 hours ago, bris red said: I know a Man United season ticket holder who sits in the Stretford end and he is constantly complaining at how Old Trafford is slowly deteriorating, apparently their was a huge leak in the roof not so long back with rain water pouring on fans in the bottom tier of the stretford, embarrassing really. Run by the Glazers, big interest to service owing to the 2005 leveraged buyout- and headline signings will help push the profile and servicing said debt. Signing Galaticos or equivalent is much better for marketing and putting resources that way is much more useful for this than infrastructure investment at that level. Clicks, headlines- marketing, PR- all that crap. That said as a club they could certainly IMO afford to do both financially. On the dividends point, almost forgot- believe that the top company for Man Utd is floated on the US Stock Exchange. 'The People's Game' eh. Not been that for a while. Edited October 9, 2021 by Mr Popodopolous Quote Link to comment Share on other sites More sharing options...
Port Said Red Posted October 9, 2021 Report Share Posted October 9, 2021 They may have money to spend, but there may still be limits on how they can spend it or when. January is a notoriously difficult window anyway and if they are still languishing near the bottom, they don't really have the kind of name that will attract marquee signings. If they really screw up and get relegated they will have to reassess their targets again. Just throwing money our thereis not always the solution, it took Man City a good few years to get into the top 4 and stay there. Quote Link to comment Share on other sites More sharing options...
MarcusX Posted October 9, 2021 Report Share Posted October 9, 2021 4 minutes ago, Port Said Red said: They may have money to spend, but there may still be limits on how they can spend it or when. January is a notoriously difficult window anyway and if they are still languishing near the bottom, they don't really have the kind of name that will attract marquee signings. If they really screw up and get relegated they will have to reassess their targets again. Just throwing money our thereis not always the solution, it took Man City a good few years to get into the top 4 and stay there. 10th in the first season (takeover was September) 5th in the first full season and top 4 ever since Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted October 9, 2021 Report Share Posted October 9, 2021 52 minutes ago, Port Said Red said: They may have money to spend, but there may still be limits on how they can spend it or when. January is a notoriously difficult window anyway and if they are still languishing near the bottom, they don't really have the kind of name that will attract marquee signings. If they really screw up and get relegated they will have to reassess their targets again. Just throwing money our thereis not always the solution, it took Man City a good few years to get into the top 4 and stay there. Agreed yeah although Simon Jordan, Kieran Maguire to name 2 reckon they have significant headroom to now splurge given how Ashley ran it financially. All that said, it'd be most amusing if they went down... 47 minutes ago, MarcusX said: 10th in the first season (takeover was September) 5th in the first full season and top 4 ever since In and around the relegation scrap Christmas, maybe Jan 2009. Had a better squad at that time than Newcastle do now as well. Quote Link to comment Share on other sites More sharing options...
Davefevs Posted October 9, 2021 Report Share Posted October 9, 2021 3 Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted October 9, 2021 Report Share Posted October 9, 2021 Here he is. Not content with battling against FFP regs and batting for the wronguns- he's lauding those ***** in Saudi...technically perhaps he wasn't representing Saudi Arabia but just a typical example of some of our legal, financial, accounting professions in London... 1 Quote Link to comment Share on other sites More sharing options...
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