That's it exactly. Apparently premier league's top 6 had NCL in mind when these rules were brought in. Nothing to do profit or sustainability, everything to do with maintaining the status quo.
@@ofoftheof That shows in the fact it hasn't moved in 11 years since coming out. Started at £105m and is still £105m. Premier league hasn't heard of inflation. Yup, fixed for the septic 6.
PSR is fucking bullshit. It's supposed to help with clubs bringing their prospects through not selling them. That being said £30M for Minteh who hasn't even kicked a ball for us and £35M for Anderson who was probably our 5th choice midfielder is an absolute steal
We shouldn't have to sell our future stars. They both were likely to be in the first team for a number of years - it won't be a steal if we have to pay more than their fees in the future for first team players in their positions. I'm sure that neither player really wanted to leave - especially Elliot.
The pl is the 20 clubs. If a club wants to change the rules they will put it to a vote. If 2/3 vote to change them they change. Otherwise you abide by the rules. So no there will be no massive movement against them. Unless they fail to uphold the rules.
I know as a newcastle fan i'm going to have this view but what a ridiculous situation. That the richest owners in the footballing world are having to sell players to appease rules supposedly brought in to stop clubs going bust! It's absolutely farcical! And that before we even get to the blatant two tired system that continually protecting man citeh! What a complete disgrace!
@@ronwhitfield8872😂😂 they just need to be smarter and ruthless. Also need to get rid of a lot of the hangers on who are commanding a high wage and not contributing to the first team. Too many players from the Ashley era seeing out their contracts. We deffo need to sell Almiron and Wilson.
Minteh will come back to bite us very very hard. I really thought this club had turned a corner with the new owners, but it seems like little has changed. Buying Tino and Hall under Dan Ashworth put us right in the shit!
I agree, as crap as it is to lose both these players when we should be offloading miggy, longstaff or Wilson…I’d rather lose them two than our top players
That’s the thing, miggy, longstaff, Wilson, Dubravka, target no one interested in them, well not massively so we’ve had to sell these two, I’d however would have kept minteh, still think we should have taken a point deduction. Would have been livid if we sold Gordon or isak to a prem rival
Thanks Keith for some total transparency sick of all other Toon channels posting every second with here say . Nice you keep us updated, don't leave it so long please even a update talking some sense
As a Brighton fan. I agree it needs changing but that doesnt mean PSR needs to go. If teams get to spend what they want then there will still be a gap (most probably a bigger gap), it will be between teams that have owners who are willing to risk millions of their own money and those that aint. We need some sort of PSR.
Clear that these rules are there to protect the cartel clubs from others muscling in on their turf. The idea of a football pyramid is those at the bottom have a hope to get to the top of the tree, clearly that door has been shut and it's a clear restriction of trade. Clubs operate as businesses. Have a feeling this will blow up in PL faces in the future.
Bang on mate, they are just itching to put our tranfer dealings under the microscope while Chelsea bend the rules, when we sold maxi they were questioning the sale coz we got around 30mill for him which everyone thought was son the cheap, but when Man U ask 15mill for a 3month loan not a peep fro the FA and Man U blatantly poach Ashworth and absolutely nothing is said even tho we have evidence to prove it, if we went over our FFP the points deducted would be instant but the Ashworth carry on is pushed to the side.
PL wont exist much longer, there going to tank the Man City situation claim there bankrupt themselves when city win and beg the govt to bail them put thus leading to govt regulator. There just greasong their snouts at the big 6 trough for when there looking for jobs post being out of work when the regulator comes in
I hope he's good for you, really disappointed to lose him. Great touch, turns well on the ball and has a good engine. Wish him all the best and it he continues to improve, maybe we will take him back at some point.
? ?? How, because the corrupt p.l have gotten the club with the rithchest owners in the world, & yourselves to do deals, that certainly, I, & nufc didn't want to do. But that's all you take from this. FFP, PSR, needs gone, yesterday !!
Why should the top 6 get any greater advantages than the rest of any other teams within the Leagues. By giving the top 6 an advantage. it then becomes a cartel and a restriction of trade to any of the other clubs to aspire to become the best they can, this system should change and become more transparent. We're the clubs put up a bond to guarantee the clubs will never go into bankruptcy and can afford to buy better plays and compete for the top spots in the world of football. All of this is being manipulated by the Premier league bosses and they should be stripped of the right to interfere with the clubs rights to control there own decisions and destiny.
Imagine when the players read or heard i.e. Issac /Gordon ...that they might be sold or there were talks between clubs regarding their futures they weren't impressed.. do what does that do to them mentally ? I know their professionals after all but does that change their relationship with the clubs hierarchy. Above Eddie I mean ....I wouldn't be happy like ....
Initially he will be gutted, but he has friends there in Wood and Shelvey, once he settles and realised how much game time he’s going to get he’ll be happy there.. It’s a good move I think.
Yeah as soon as its july 1st were 100% overpaying for murillo or MGW 😂. Psr literally has invented a new type of transaxtion which borders on money laundering behavior albeit 100% legal and above board. The PL are a joke, absolute shambles of a set up.
@@MB-gl7fx totally agree. I hope that he goes on to bigger and better things. Shame that we invest in home grown talent and don’t nurture and coach them towards longer term first team stability. Gutted to see him go but he’s taking one for the team. Others should have gone but too many seeing out their contracts and offering very little. Great signing for Forest but definitely gutted to see him leave. Definitely the top 6 looking after themselves. It’s a joke! We move but it’s sad that it has to be this way.
Always nice to hear from you I think we did the best we could and I know many would have like to seen longstaff or a couple other people out but honestly can’t see many team in the PM wanting him. Hopefully we will get a clean out to as we have a few that need selling on now either getting to old or we need a better class. What’s your hopes for Hearts MId this window any players you would like to see come in to your home club ?
Thanks for the explanation, Keith. As you say, the lesser of two evils, although I would have preferred it be players nearing the end of their time with the club (Miggy/Wilson etc) than those still coming through, we needed to do what we needed to in order to not get the points' deduction.
Thanks for that Keith, very clear explanation, but I have to say, I’m absolutely gutted, feel a bit sick in my stomach, losing Anderson. Was so looking forward to watching him become a star for us, because I think he would have.
Kieth - why on earth did we have such a huge hole in our PSR calculation? Bearing in mind we sold ASM last season. Works out around 95m worth of player sales in one season! Absolute joke!!!!
My next question would be how dod NUFC get into this last minute mess. They've mentioned ffp / psr for last 2 years but have still ended up scrambling at the end.
Without it they don't scratch ours. Beggars can't be choosers. We needed a player sold ASAP and Forest knew that which means we were never going to get it all 100% our own way.
Thank god you’ve taken lettuce wrist Vlach off us! You paid about £5mill too much. He’s bloody rubbish but thinks he should be playing every game then moans when he doesn’t. Who ever signed him for Forest should have his head on spike outside the City Ground.
I think those are 2 great deals. I would prefer to keep both as I think both have great potential. But we needed to sell and neither are first team starters. Minteh has not played for us yet. Next season no Europe so hopefully better in PL and Adidas and Stack. And Adidas is £30m a year basic. But We could sell tons of new shirts and other merch
For me, this is the biggest question mark of the whole saga -- why were we FORCED to sell two outstanding young talents? The only explanation i can accept as a fan is because the management team had lined up commercial deals that would have made up the deficit, but for one reason or another, those deals fell through. Because we were counting on those deals to keep us within the 105m threshold, without them, we fell into the red. What were those deals? (if any) Why did they fall through? I wish the investigative journalists of the North East would find that out for us. If that was not the reason for the deficit, then the alternative reason is that the management team just flat out miscalculated our finances, and that's very very poor for such a senior and seasoned team.
PSR is a big reason for this situation. However, why have the Newcastle United hierachy allowed us to get in this position? They should have been in control of this and not letting it get to this desperate last minute situation.
A good report and summary of events. Yes PSR is a nightmare and needs something better but if it avoids "money" creating a super league then something is needed. Could be worth considering a system based upon home game receipts, just an idea.
Certainly worth some perspective as surprising as this is, that it isn’t unique to PSR and FFP, sooner or later top clubs offload young prospects All the top teams have done it over the years Liverpool, Arsenal, Man City, Man Utd and Chelsea have all sold young fringe players or players they’ve given a bit of a run in the first team… it’s how we ended up with Willock, it’s how Bournemouth got Solanke, it’s how Chelsea got Palmer, how Forest got Elanga and it’s how Palace got Guehi etc… but for every player that becomes a star elsewhere there’s a few other duds that they’ve managed to shift for decent money, like Liverpool selling Ibe To be fair that when all players are back there’s not actually much of a pathway for Anderson into the squad and to get into the squad it’s going to mean him elevating his game above a lot of serious talent. Minteh is a wait and see one but knowing how the club is run, it wouldn’t surprise me if there’s a reasonable buy back and a sell on percentage should he not want to come back and if that’s the case the club have the best of both worlds, he flops and Brighton have overpaid, he succeeds and we get him back with Prem proven experience or he goes elsewhere and we continue to financially benefit from him
@keith and other North East journalists. For me, the biggest question mark of the whole saga -- why were we FORCED to sell two outstanding young talents? The only explanation i can accept as a fan is because the management team had lined up commercial deals that would have made up the deficit, but for one reason or another, those deals fell through. Because we were counting on those deals to keep us within the 105m threshold, without them, we fell into the red. What were those deals? (if any) Why did they fall through? I wish the investigative journalists of the North East would find that out for us. If that was not the reason for the deficit, then the alternative reason is that the management team just flat out miscalculated our finances, and that's very very poor for such a senior and seasoned team.
Can someone explain to me why forest needed help with their compliance with the rule? If it’s down to 4-5mil which is what we are paying their keeper, why not just offer Elliot for 4-5mil lesser? I’m missing something obviously.
68m for 2 players who's scored 0 goals for us and a combined 44 appearances for the club... oh and 1 of them ent even kicked a ball for us yet unbelievable business if I do say so my self.
I heard two sponsorship deals were blocked from going through in June, but they can apparently go through next month. It's almost like the PL are trying to force us to sell players.
Assuming PSR stays in place (and I can see a backlash against it in its current form from lots of clubs), are Newcastle going to have to go through this palaver on every June 30 now, assuming they keep buying players competitively? So this time next year we might have to sell Miley and Pope, and two years down the line Alex Murphy and Burn or Botman? Maybe Forest had the right model all along?
How did Newcastle get them into this situation where they have had to sell players at the last minute to save having points deducted next season. Surely they should not have put themselves in such a situation.
Well done Keith, great video and explanation. I'd rather lose Minteh and Anderson than any of our "blue chip" players. Isak, Gordon and Bruno are, in my opinion, world class and basically irreplaceable at the moment. Anderson has potential but Lewis Miley is way better and Minteh was always going to be a gamble. Also, people are forgetting about Sandro Tonali. He did more for us on his debut than Anderson did all season.
I have three questions - why has it taken until the final week for NUFC to get to grips with this ? When are the owners or CEO going to make a statement about this ? Where has been the commentary from other NU journalists while this key situation has been playing out ?
Keith Whose responsibility - apart from our non existent DOF - was it to see this coming months ago and take action to see that we weren’t forced to mortgage our future by forced selling two promising young players. Is this a sequel to the unsettling comments made by Eales at the turn of the year. Isn’t this just the sort of thing a CEO should be preventing ? It seems to me it just serves to undermine Eddie’s authority when he has to sell Anderson in particular, who he clearly rates. Minteh is a bit different as he was an Ashworth choice, not Eddie’s.
PSR was brought in to stop clubs going out of business….okay I accept that but how does that affect the likes of Newcastle , Aston Villa for example ?. Chelsea have found loop hole after loop hole , and three teams in the Cartel despite remaining in huge debt the rules appear to favour them whilst they only have pay back 4% of their debt a year. Radcliffe has said the Premiere league should look after the Cartel !. Which the Premiere league have done despite the fact they should be looking after all 20 of the clubs in the Prem league . The Premiere league control the FA and the Cartel own the Premiere league.
Yeah. I'm sure when the PL voted in FFP/PSR, they thought it would be a strong measure to stop owners saddling clubs with unsustainable levels of debt. Unfortunately, the rules aren't fit for purpose. They stifle competition even for clubs with no debt and owners prepared to use their own money. They have simply led to clubs finding loopholes, and they actually inhibit the ability of clubs to sell players as they approach the deadline.
Right, how much did we spend 3 years ago? Because in theory, 1st July we can spend it all again! If it’s 60m on a mid and a RW then it proves it’s a joke with what we have just been forced to do? 7:21
Agree with you keith but .. Doesn't excuse the corruption and discrimination of the Premier league board. What is the outcome from the man city v prem ?????
Howe said in January he didn't want to sell any player even though PSR would bite us... He should have let Trippier, Miggy and Wilson then and we would be able to keep the young lads!!
PSR is a method of keeping the top teams at the top and everyone else in line. Mental.
That's it exactly. Apparently premier league's top 6 had NCL in mind when these rules were brought in. Nothing to do profit or sustainability, everything to do with maintaining the status quo.
@@ofoftheof That shows in the fact it hasn't moved in 11 years since coming out. Started at £105m and is still £105m. Premier league hasn't heard of inflation. Yup, fixed for the septic 6.
PSR is fucking bullshit. It's supposed to help with clubs bringing their prospects through not selling them. That being said £30M for Minteh who hasn't even kicked a ball for us and £35M for Anderson who was probably our 5th choice midfielder is an absolute steal
Its not a steel its the Market price 🧐🧐
We shouldn't have to sell our future stars. They both were likely to be in the first team for a number of years - it won't be a steal if we have to pay more than their fees in the future for first team players in their positions. I'm sure that neither player really wanted to leave - especially Elliot.
No point selling minteh if we then have to buy a new RW. id rather we didnt buy Barnes.
As a forest fan youve had our pants down again same with shevey.🙈
@@andrewstratford4753 And Wood
PL is creating a monster movement against themselves
The pl is the 20 clubs. If a club wants to change the rules they will put it to a vote. If 2/3 vote to change them they change. Otherwise you abide by the rules.
So no there will be no massive movement against them. Unless they fail to uphold the rules.
Perfect analogy pal
Yes I agree it will back fire if it stays the way it is now
The monster is the clubs owners
@@jamesgains8652would you like to expand on the clubs?
I know as a newcastle fan i'm going to have this view but what a ridiculous situation. That the richest owners in the footballing world are having to sell players to appease rules supposedly brought in to stop clubs going bust! It's absolutely farcical! And that before we even get to the blatant two tired system that continually protecting man citeh! What a complete disgrace!
Keeping Isak worth 10 points.
My opinion: they bungled it in January. Should have sold Almiron Wilson trippier while they could
Almiron refused to go.
almiron is a devout Christian and didn't want to go to a Muslim state and who can blame him
Newcastle should massively overspend and tie the PL up in the courts for years. It’s working for Man City.
How did we get to £60mil deficit ? Too many hangers on, excessive number of fluffers?
It’s not rocket science, spending more than we earn……So called business experts!
@@ronwhitfield8872😂😂 they just need to be smarter and ruthless. Also need to get rid of a lot of the hangers on who are commanding a high wage and not contributing to the first team. Too many players from the Ashley era seeing out their contracts. We deffo need to sell Almiron and Wilson.
Takes time to grow revenue like the big boys
Rumours that new sponsorships are taking too long to get premier league approval
Bruno, Tonali, Isak
Minteh will come back to bite us very very hard. I really thought this club had turned a corner with the new owners, but it seems like little has changed. Buying Tino and Hall under Dan Ashworth put us right in the shit!
Seen all this on social media but you have explained it a lot better, cheers
I agree, as crap as it is to lose both these players when we should be offloading miggy, longstaff or Wilson…I’d rather lose them two than our top players
Id sell miggy but keep longstaff and wilson. Get in another striker.
People really think clubs are lining up to buy miggy and longstaff 😂
That’s the thing, miggy, longstaff, Wilson, Dubravka, target no one interested in them, well not massively so we’ve had to sell these two, I’d however would have kept minteh, still think we should have taken a point deduction. Would have been livid if we sold Gordon or isak to a prem rival
yeah shame mintehs gone hope he scores under 10 and
Thanks Keith for some total transparency sick of all other Toon channels posting every second with here say . Nice you keep us updated, don't leave it so long please even a update talking some sense
Beyond a joke mate. The regulations need changing.
As a Brighton fan. I agree it needs changing but that doesnt mean PSR needs to go. If teams get to spend what they want then there will still be a gap (most probably a bigger gap), it will be between teams that have owners who are willing to risk millions of their own money and those that aint.
We need some sort of PSR.
@@AndrewJones-bq7lz you would say that, your not owned by pif
@@AnthonyODOnnell-tt8gh I am lucky enough to support a club owned by someone that has put £500m into it.
@AnthonyODOnnell-tt8gh and we would have said the same thing if we were still owned by Ashley.
No complains getting 60 plus million for them 2
Clear that these rules are there to protect the cartel clubs from others muscling in on their turf. The idea of a football pyramid is those at the bottom have a hope to get to the top of the tree, clearly that door has been shut and it's a clear restriction of trade. Clubs operate as businesses. Have a feeling this will blow up in PL faces in the future.
Sadly, the football pyramid is everyone else bearing the weight of the few at the very top.
Forest fan here, this deal makes both clubs look dodgy. Bet it will be investigated by the Prem and they'll invent a charge 😢
Bang on mate, they are just itching to put our tranfer dealings under the microscope while Chelsea bend the rules, when we sold maxi they were questioning the sale coz we got around 30mill for him which everyone thought was son the cheap, but when Man U ask 15mill for a 3month loan not a peep fro the FA and Man U blatantly poach Ashworth and absolutely nothing is said even tho we have evidence to prove it, if we went over our FFP the points deducted would be instant but the Ashworth carry on is pushed to the side.
PL wont exist much longer, there going to tank the Man City situation claim there bankrupt themselves when city win and beg the govt to bail them put thus leading to govt regulator. There just greasong their snouts at the big 6 trough for when there looking for jobs post being out of work when the regulator comes in
Teams need to start giving the finger and taking the points. Stupid
Luckily legal fees don’t count aga8nst PSR limits.
Yeah their will be a charge nvented cartel clubs run prem trying to slow down nufc
A good partnership between Forest and Newcastle, I hope Anderson will be good for us
I hope he's good for you, really disappointed to lose him. Great touch, turns well on the ball and has a good engine. Wish him all the best and it he continues to improve, maybe we will take him back at some point.
? ?? How, because the corrupt p.l have gotten the club with the rithchest owners in the world, & yourselves to do deals, that certainly, I, & nufc didn't want to do. But that's all you take from this.
FFP, PSR, needs gone, yesterday !!
He is also very strong to go with his skills.
@@simonjones7396 you shy.
He's class - he'll be a great player for years.
Forest fan here l, we’ve got a talent in Eliot for sure 👍
This PSR is basically to protect the big 5!
Good luck to the lads,I hope the both get plenty of first team football,I hope Elliot gets back to the Scotland squad
Why should the top 6 get any greater advantages than the rest of any other teams within the Leagues.
By giving the top 6 an advantage.
it then becomes a cartel and a restriction of trade to any of the other clubs to aspire to become the best they can, this system should change and become more transparent.
We're the clubs put up a bond to guarantee the clubs will never go into bankruptcy and can afford to buy better plays and compete for the top spots in the world of football.
All of this is being manipulated by the Premier league bosses and they should be stripped of the right to interfere with the clubs rights to control there own decisions and destiny.
Thanks for breaking down the info keep it up
Imagine when the players read or heard i.e. Issac /Gordon ...that they might be sold or there were talks between clubs regarding their futures they weren't impressed.. do what does that do to them mentally ? I know their professionals after all but does that change their relationship with the clubs hierarchy. Above Eddie I mean ....I wouldn't be happy like ....
Every professional footballer knows he's a commodity and for sale.
That's why the club have handled this atrociously, imo ! We must get a S.D !
I wondered what the carry-on with Gordon was. Thank-you very much for explaining the situation. Really appreciated, mate.
I know, thanks to this farce, every transfer window. From now, until forever, Gordon will be linked to lfc
Thank you Keith for explaining it so easily. Nice Job.
Really hope you are right. Elliot must be gutted. Feel for him, really do. I have an inkling he replaces MGW in the team and he is going, maybe to us.
Initially he will be gutted, but he has friends there in Wood and Shelvey, once he settles and realised how much game time he’s going to get he’ll be happy there.. It’s a good move I think.
MGW will not be leaving this summer. It might murillo, being another crown jewel of the squad, but Anderson will fit in nicely in midfield.
Yeah as soon as its july 1st were 100% overpaying for murillo or MGW 😂. Psr literally has invented a new type of transaxtion which borders on money laundering behavior albeit 100% legal and above board. The PL are a joke, absolute shambles of a set up.
@@MB-gl7fx totally agree. I hope that he goes on to bigger and better things. Shame that we invest in home grown talent and don’t nurture and coach them towards longer term first team stability. Gutted to see him go but he’s taking one for the team. Others should have gone but too many seeing out their contracts and offering very little. Great signing for Forest but definitely gutted to see him leave. Definitely the top 6 looking after themselves. It’s a joke! We move but it’s sad that it has to be this way.
MGW aint going nowhere, 😅
Elliot Anderson is class very sad to see him go
So class that he’s not even scored as an attacking midfielder
Wasn’t class. He was ok
Brilliant update cheers Keith
Great summary of the decisions taken in the last 48 hours by an amazingly competent NUFC management team.
Competent. They handled this atrociously !
Always nice to hear from you I think we did the best we could and I know many would have like to seen longstaff or a couple other people out but honestly can’t see many team in the PM wanting him.
Hopefully we will get a clean out to as we have a few that need selling on now either getting to old or we need a better class.
What’s your hopes for Hearts MId this window any players you would like to see come in to your home club ?
Great summary that's. I hope that boy does well for us at first and you get into Europe
Thanks Keith top lad (one of us)👍👍👍
Thanks for the explanation, Keith. As you say, the lesser of two evils, although I would have preferred it be players nearing the end of their time with the club (Miggy/Wilson etc) than those still coming through, we needed to do what we needed to in order to not get the points' deduction.
Good deals it's exactly what we need to do sadly. Now let's see who comes in.
Premier League 100% going to investigate these transfers as "unusual".
They definitely will, because they can't be having clubs finding loopholes in their system and basically sticking two fingers up at them!
Thanks for that Keith, very clear explanation, but I have to say, I’m absolutely gutted, feel a bit sick in my stomach, losing Anderson. Was so looking forward to watching him become a star for us, because I think he would have.
Do we have a buy back clause or a sell on fee percentage in either or both of the player deals??
Take EPL to court. This is restricting business.
All it restricts is unrelenting buying and clubs running themselves into bankruptcy.
We choose to want to be in the Premier League, therefore you have to accept the rules of being a part. That will be the obvious legal argument.
So can we spend money now the deadline has passed or do we need to sell more before we buy?
Any comment on the rumours re PL blocking 2 Sponsorship deals so we have had to scramble last minute?
Thanks for that Keith ! Obviously a lot about the outgoings, but do you see any strong links of any players possibly coming to Tyneside ?
Hi, so do we now have the 60+ million to spend plus the Adidas, Champions Lge, Sela from tomorrow ?? Cheers.
Kieth - why on earth did we have such a huge hole in our PSR calculation? Bearing in mind we sold ASM last season. Works out around 95m worth of player sales in one season! Absolute joke!!!!
How much have we spent on players since the take over and we bought Lewis hall also
We've spent around 400 million since the takeover with very few sales. That'll change over the next few years as our squad gets stronger.
thanks keith for the heads up
Yes, the 1st year drops off now. All depends what we spent though i suppose
What kind of budget do we have for the rest of the window?
My next question would be how dod NUFC get into this last minute mess. They've mentioned ffp / psr for last 2 years but have still ended up scrambling at the end.
Can we all rest now that our books will balance?
No, selling Minteh was a mistake. As well as Geordie born & bred E, Anderson. We should of taken the pts.
Don’t like what’s happening ! Man City 130 odd offences and we hear nothing about them ? Anyway Keith thanks for explaining the situation clearly !!
So we take a keeper to scratch Forest's back. Unbelievable!!!!
Scratching each other's backs. Isn't that obvious?
Without it they don't scratch ours. Beggars can't be choosers. We needed a player sold ASAP and Forest knew that which means we were never going to get it all 100% our own way.
@stuartpirie5416 shouldn't have got to this. If no bid on Anderson. Gordon would have gone to Liverpool it stinks man
Thank god you’ve taken lettuce wrist Vlach off us! You paid about £5mill too much. He’s bloody rubbish but thinks he should be playing every game then moans when he doesn’t. Who ever signed him for Forest should have his head on spike outside the City Ground.
I think those are 2 great deals. I would prefer to keep both as I think both have great potential. But we needed to sell and neither are first team starters. Minteh has not played for us yet. Next season no Europe so hopefully better in PL and Adidas and Stack. And Adidas is £30m a year basic. But We could sell tons of new shirts and other merch
Jim r said it best with his comments on top 6. It says it all with regards to influence here
Keith, is it true two sponsorship deals were blocked by PL creating this problem?
Would explain no traing kit or ground sponsorship.
For me, this is the biggest question mark of the whole saga -- why were we FORCED to sell two outstanding young talents?
The only explanation i can accept as a fan is because the management team had lined up commercial deals that would have made up the deficit, but for one reason or another, those deals fell through.
Because we were counting on those deals to keep us within the 105m threshold, without them, we fell into the red.
What were those deals? (if any)
Why did they fall through?
I wish the investigative journalists of the North East would find that out for us.
If that was not the reason for the deficit, then the alternative reason is that the management team just flat out miscalculated our finances, and that's very very poor for such a senior and seasoned team.
Cheers Keith
excellent vid
PSR is a big reason for this situation. However, why have the Newcastle United hierachy allowed us to get in this position? They should have been in control of this and not letting it get to this desperate last minute situation.
Does this mean we can spend money now or are we just at break even?
So what are the numbers?
How much was the shortfall and how much will the club be able to invest now the shortfall is cleared? Does anyone know?
A good report and summary of events. Yes PSR is a nightmare and needs something better but if it avoids "money" creating a super league then something is needed. Could be worth considering a system based upon home game receipts, just an idea.
Certainly worth some perspective as surprising as this is, that it isn’t unique to PSR and FFP, sooner or later top clubs offload young prospects
All the top teams have done it over the years Liverpool, Arsenal, Man City, Man Utd and Chelsea have all sold young fringe players or players they’ve given a bit of a run in the first team… it’s how we ended up with Willock, it’s how Bournemouth got Solanke, it’s how Chelsea got Palmer, how Forest got Elanga and it’s how Palace got Guehi etc… but for every player that becomes a star elsewhere there’s a few other duds that they’ve managed to shift for decent money, like Liverpool selling Ibe
To be fair that when all players are back there’s not actually much of a pathway for Anderson into the squad and to get into the squad it’s going to mean him elevating his game above a lot of serious talent.
Minteh is a wait and see one but knowing how the club is run, it wouldn’t surprise me if there’s a reasonable buy back and a sell on percentage should he not want to come back and if that’s the case the club have the best of both worlds, he flops and Brighton have overpaid, he succeeds and we get him back with Prem proven experience or he goes elsewhere and we continue to financially benefit from him
Keith do you think Dubravka will be sold and Trafford will come in today if Burnley have PSR problems themselves?
Than you 👍
Cheers Kieth are there any realistic targets for Isis there any truth in Longstaff to ac Milan
Isn't this form of PSR going to be scrapped after this season? In place of something a little less brutal?
We’ve had to sell two players to cover the shortfall have you any idea how much did overspend Keith
Big IF but if Minteh scores 15 goals this season he be worth £60 at least hopefully Newcastle have put in a sell on clause
He's already worth considerably more than £60 mate.
Who cares we paid 6.5 million it's a profit
@@listey 😂😂😂
I bet there are performance clauses which lead to bonus payments, as well as sell-on or buyback clauses.
Did not fancy a PSR points deduction. So i guess its so clear now for 1 jul and a real window of change.
@keith and other North East journalists.
For me, the biggest question mark of the whole saga -- why were we FORCED to sell two outstanding young talents?
The only explanation i can accept as a fan is because the management team had lined up commercial deals that would have made up the deficit, but for one reason or another, those deals fell through.
Because we were counting on those deals to keep us within the 105m threshold, without them, we fell into the red.
What were those deals? (if any)
Why did they fall through?
I wish the investigative journalists of the North East would find that out for us.
If that was not the reason for the deficit, then the alternative reason is that the management team just flat out miscalculated our finances, and that's very very poor for such a senior and seasoned team.
Can someone explain to me why forest needed help with their compliance with the rule? If it’s down to 4-5mil which is what we are paying their keeper, why not just offer Elliot for 4-5mil lesser? I’m missing something obviously.
68m for 2 players who's scored 0 goals for us and a combined 44 appearances for the club... oh and 1 of them ent even kicked a ball for us yet unbelievable business if I do say so my self.
@keith why have newcastle waited until today to do business if they were aware of this type of loss for a while?
Keith, does this mean that Newcastle won't have any money to spend this summer? Or does it get reset at some point?
Resets after the deadline I think. They just have to stay within the limits between deadline days in June each year
@@paulmcgreevy3011 oh right, so in July we will be able to spend again? Thank god for that
We should have sold Almiron and kept Minteh. He’s going to run us ragged I just know it.
Nobody wants Almiron though
Yup nobody wants him in the PL
I sense a big change coming. Can see Wilson and maybe miggy away with big money being invested
Did we not get a sell on clause
Keith does that mean that can go spend money now and not Be in same position this time next year
Keith is it true that sponsorship deal was stopped hence why we had to sell?
I heard two sponsorship deals were blocked from going through in June, but they can apparently go through next month. It's almost like the PL are trying to force us to sell players.
@@leechefskiFigures, the PL is scandalous.
Assuming PSR stays in place (and I can see a backlash against it in its current form from lots of clubs), are Newcastle going to have to go through this palaver on every June 30 now, assuming they keep buying players competitively?
So this time next year we might have to sell Miley and Pope, and two years down the line Alex Murphy and Burn or Botman?
Maybe Forest had the right model all along?
Great explanation. American Forest fan. Vlach is definitely not competing for top keeper. He couldn't even beat out Matt Turner.
How are we in debt ,have we spent more than we generated last season. Genuine question.
Can we still sign players as we are crying out for a centre back and a forward
Why are other clubs allowed to spend , spend & spend without any sanction ?
More income. Ashley abused us for years.
We shouldn't be afraid of selling good players. All this can now be reinvested.
Anderson is good business. We have to sell some players at some point and this is value.
Why are the top 6 only allowed to buy and win things?
How did Newcastle get them into this situation where they have had to sell players at the last minute to save having points deducted next season. Surely they should not have put themselves in such a situation.
Can Newcastle spend in the transfer window now?
I'm wondering the same mate
Yes.
Well done Keith, great video and explanation.
I'd rather lose Minteh and Anderson than any of our "blue chip" players. Isak, Gordon and Bruno are, in my opinion, world class and basically irreplaceable at the moment. Anderson has potential but Lewis Miley is way better and Minteh was always going to be a gamble. Also, people are forgetting about Sandro Tonali. He did more for us on his debut than Anderson did all season.
When does the 3 year window start again? Anyone know? Psr needs to go.
It is a rolling 3 year period, never resets
I have three questions - why has it taken until the final week for NUFC to get to grips with this ? When are the owners or CEO going to make a statement about this ? Where has been the commentary from other NU journalists while this key situation has been playing out ?
PSR should be forcing player prices down but these are inflated prices.
Forest Fan here. Like Wilson and Trippier
amazing owners
Keith Whose responsibility - apart from our non existent DOF - was it to see this coming months ago and take action to see that we weren’t forced to mortgage our future by forced selling two promising young players. Is this a sequel to the unsettling comments made by Eales at the turn of the year. Isn’t this just the sort of thing a CEO should be preventing ? It seems to me it just serves to undermine Eddie’s authority when he has to sell Anderson in particular, who he clearly rates. Minteh is a bit different as he was an Ashworth choice, not Eddie’s.
PSR was brought in to stop clubs going out of business….okay I accept that but how does that affect the likes of Newcastle , Aston Villa for example ?. Chelsea have found loop hole after loop hole , and three teams in the Cartel despite remaining in huge debt the rules appear to favour them whilst they only have pay back 4% of their debt a year.
Radcliffe has said the Premiere league should look after the Cartel !. Which the Premiere league have done despite the fact they should be looking after all 20 of the clubs in the Prem league .
The Premiere league control the FA and the Cartel own the Premiere league.
Yeah. I'm sure when the PL voted in FFP/PSR, they thought it would be a strong measure to stop owners saddling clubs with unsustainable levels of debt. Unfortunately, the rules aren't fit for purpose. They stifle competition even for clubs with no debt and owners prepared to use their own money. They have simply led to clubs finding loopholes, and they actually inhibit the ability of clubs to sell players as they approach the deadline.
Right, how much did we spend 3 years ago? Because in theory, 1st July we can spend it all again! If it’s 60m on a mid and a RW then it proves it’s a joke with what we have just been forced to do? 7:21
60 million? Who is in charge of the spreadsheets. How did we get 60m over budget?
Isak, Barnes, Hall, Gordon. Add in the others bought the season before and only Wood bringing in any money.
Yes. Ashley left us with no debt (thank god), but he also left us with a squad with almost no value, on wages no-one else would be prepared to pay.
PSR is utter BS
Sad to see Anderson go, bloody PSR!!
Didn’t want to lose any of those players but I suppose it’s the lesser of the two evils. Hopefully that’s going to free us up to signing some players.
Agree with you keith but ..
Doesn't excuse the corruption and discrimination of the Premier league board.
What is the outcome from the man city v prem ?????
So after today we can spend like is it the start of a new financial period
Howe said in January he didn't want to sell any player even though PSR would bite us... He should have let Trippier, Miggy and Wilson then and we would be able to keep the young lads!!