I think you are missing a huge point guys, the so called big six have had huge revenue streams for years giving them all an advantage when signing players and complying with PSR, we have not due to Ashley no giving a hoot about our club hence why we are playing catch up, continued commercial deals and of new ones will of course help but without stating the obvious this will take time
A very common sense answer that has absolutely no business being made on this channel. Apparently 2.5 years is enough time to build a new stadium, a new training ground, catch up to the top 6 commercially and to do it all without selling players. 7th after all is "a failure on the pitch" according to Alex. I used to love watching this channel because it was one of the more level headed podcasts. Now its just full of moaning because the club can't match the unrealistic expectations of fans who think we are bigger than what we are
I honestly am enjoying seeing the club have to develop proper business models. It makes me feel more secure about their future capability to attract and retain talent. There are things the club didn’t have established that are pivotal to success off the pitch, that are now being put in place or sured up b/c of PSR. It was procrastination on NUFC’s side though.
@@chazu-land I agree that it was uncomfortable getting everything last minute....but it WAS done after all without selling a first team player as well. A lot of the PSR problems are legacy issues from Ashley. In the first 2 seasons none of the outgoing players left for a fee except a few million for Shelvey. That's what's screwed us. That and the low revenue the club had from the Ashley days. It will be easier going forward
PIf are not serious about making the club the best in the PL never mind europe . Serious people wouldnt be touting our best players to other rival clubs
@@davidwebster5946 - I absolutely agree, after the mess left by Ashley the 4 on this panel should really have more of a clue of just what our new owners have had to put right and just how much time that will take, moaning on about what PIF should be putting right outside of the PSR rules is naivety of the highest order bearing in mind they are only 2.5yrs into a plan that could take 10-15 yrs
Do you honestly think we were phoning Forest on the weekend to sell Anderson? this would have been agreed at least days before, as for Gordon all smoke and mirrors
@@nolslifegren Did we or did Liverpool try to take advantage of our psr shortfall and tried to get him cheap? and we said ok but its x amount plus your young defender?
The amount of negative comments about the club on this channel is becoming a joke. Talking about "failure on the pitch" for finishing 7th. Talking about the club not having a plan...despite the massive amount of progress in the 2.5 years since the takeover on and off the pitch Even questioning the PIF commitment after spending nearly £600m+ to buy/investment into the club
@@rossmcfarlane1219 normally the response of a fan with delusions of grandeur who is never happy. Newcastle have never been a big club since the 1950's and people like you put unnecessary pressure on the club
@@nolslifegren if we hadn't bought world class players like Bruno, Gordon & Isak there wouldn't have been a gap in the funds YOU wake up! Every single other team in the league sells players to balance the books. We have bought in some fantastic buys with the money spend and ironically we wouldn't have even had the likes of Gordon if we hasn't taken that risk. We swapped Anderson and some kid you have never seen play to get Isak, Tonali, Gordon etc then people like you have the audacity to say its a bad situation to be in. Don't make me laugh
Expecting the club to keep us up to date one something like this is like expecting a poker player to show you their hand. As soon as it’s in the public domain exactly what they needed to claw back, the value of every “fringe” player drops through the floor and we are left having to sell one of the top players, which is very nearly what happened.
There’s something wrong with Si and others who expect constant updates from PIF .. it’s needy and childish to be constantly looking for belly rubs , we had the documentary last year and we’ve generally been communicated with over the past few seasons. Do they believe other clubs like Liverpool, Milan or PSG are running everything past their support every other week ? This is a case of Twitter mentality spilling over into other formats .
Remember all these new rules came in when they knew Newcastle were going places this proves how corrupt the premier league are. most of this doesn’t affect the top 6 because they made money without restrictions. .
Can’t be mad at the money we got for Anderson. I just want to see the club look to improve the first team, I don’t have a lot of faith in Eddie doing this though, I hope I’m wrong. DCL would be so underwhelming
The only worry i have now we are clear of psr for a year is eddys stupid pursuit of Calvert Lewin as can see that happening just don't trust this guy with transfers without a dof in place
Very depressing that we're forced to sell a local lad in this manner, it takes me back to the Andy Carroll sale which of course made sense then but we're now the richest club in the world!
I am fearing the Saudis might get bored pretty soon if this PSR nonsense continues to slow down and fully halt all the plans they had before buying the club.
Nice to see all you beautiful bastards on my screen again! This new PSR Deadline day, which is clearly a thing now (Get used to it). Has made this off season an absolute fucking joke! My heads battered and we haven’t even kicked a ball yet!! The most disgusting thing about all of this is that it’s absolutely nothing remotely related to the game we love. The balancing of the books has us all fucking demented and I reckon less than 1% of the fanbase actually understand the actual financial situation of the club. I don’t expect the club to divulge its inner workings and calculations for general consumption but by say nothing they have driven us all batty!! In the absence of any real communication from the club, journalists, media and the fans have created a PSR monster. Communication is the key. Always has been always will be, especially with our fanbase. In the silence we create our own worst case scenarios and feed off one another. Anyways, lovely to have you back!! Absolutely can’t wait to go back to talking about things ON the pitch xx
I expect Isak to sign a new contract. Gordon is rumoured to have his head turned. Liverpool are his boyhood club and he's downed tools previously to join us....
I had an poignant argument with a Man Utd fan on twitter. So I argued that with an anchoring rule and removing investment limits...nufc could only ever spend as much as Man Utd Lpool etc not outspend but spend the same. Mam Utd fan said that wasn't fair either...as their historical success should mean the should be able to spend more.....that tells me everything I need to know
There a huge negatives that come with ownership by the Saudi state. The only positive is their vast financial reserves. If they can't spend those reserves because football is constantly singling us out for special treatment then what's the point
Saudi Public Investment Fund is not only financial resources. These sit on boards and run some of the largest businesses in the world. The professionalism and adding the right structure to the club. Newcastle United was ran like a pub club prior to the Saudi takeover.
I would say it is unfortunate, but I really think people are over analyzing stuff. Selling a player is a two way street and people have to want them. How were the club really supposed to sell when apparently half the league needed to sell to make PSR and the players wanted to be sold were not valueable pre-July. Also to imply PIF left is ridiculous, who do you think paid for the light shows that everyone has loved, they bought back strawberry place land to make stack. Things take time and everyone just has to be patient. Sorry for my rant, but just feels like so many are being hypocrites to their own words saying they just want a team to be proud of and fights for us, which we have, but flip out when there are one or two less than ideal trades. Also with every passing season the PSR will loosen as our revenues increase and then in 5 years time or so we can spend with near reckless abandon. And that is even not taking into consideration that the rules may change anyways.
Really folks,.......take a moment to stand back and take stock. In this present moment the club is in great shape, having weathered some incredible storms. People are letting there emotions show. We seem to have gone from Amanda, Darren and Peter to Staveley, Eales and Silverstone, that feels very emotional. In the past month, we've seen the Adidas launch, two wonderful SELA promotions, confirmation that we're staying at St James park and the fan zone progressing. And,....this summer we have an exciting transfer window ahead;...are we spoilt and angry that we're not getting more? Just because the Club executive aren't talking to fans at the moment isn't a problem, just open your eyes to see what is happening. Actions speak louder than words. Its all good,....let the emotions go. We are united. PennyXxx
The question about why so late is redundant, the deals were probably done a while back and the clubs involved agreed to release statements for the deals to the press on the 30th for maximum impact and to show the PL that PSR is forcing their hands. Fans getting pissed off at this is stupid, based on current PSR rules, selling Minteh and Anderson make perfect sense. £65-70m for a player who's never played for us and for an academy player is a good deal and no doubt they would have sell on fees.
Also the whole Gordon/Isak thing is just speculation, fans need to just chill. And last point, to think that big businesses haven't got long term plans is completely naive and they have no obligations to share with the public, no matter what us fans feel entitled to.
The outgoings don’t bother me as much I’m even consigned to the fact a huge bid for Bruno will come in near end of window I’m more worried about Howe spending money because he royally fooked it last summer
The problem here is supply and demand. I don’t believe anyone in house thought about the demand side issue from other teams. They knew we had a problem but assumed everyone else would be ok. The deadline was for all clubs therefore anyone in the same boat would not have been in the market to buy players. The demand was created by the workaround / back scratching but we should have been doing that earlier. That being said all the clubs would use this as a point of leverage to get the best price down below what we wanted and closer to their want. Manure were obviously using this against us with ashworth to force through the sale. We played brinksmanship on the deals and that is good business, but it’s tough to watch. And you have to be prepared to take the points deduction if you are going to do that. We bottled that part of it and then panicked.
There are a few things to consider here, how are the finances of a privately run business public knowledge, the Club were obviously lining up lots of options to mitigate PSR issues and probably had some locked in and unfortunately clubs became aware of our situation. There were obviously no takers for Wilson, ALmiron or Trippier or I sense they would have gone. Now we are through this barrier, apart from losing two really talented players, we have a decent amortised amount to go to our transfer fund. Lets hope PSR becomes a thing of the past, trust still in the Club but they need to learn how to run a proper Public Relations strategy, they have allowed gossip to become the truth since the awful Darren Eales interview earlier last season.
I'm sure the Club have done everything they can when it comes to selling players or putting the word out - you have to remember that any other club wanting to buy will always leave it until the last minute, that way they stand a good chance of getting a good deal if the Club have to sell at all cost before a midnight deadline. Saying that, I'm gutted that we have let Anderson go ... he must be gutted. Living the dream at his club and then they sell him. I don't blame the current owners, I blame Ashley. He did nothing for bringing in good revenue, NUFC was just a cash-cow for his jumble-sale sports shop business.
@@nolslifegren yes, because of the fall-out of the FCB not allowing a healthy income stream into the club. Sports Direct everywhere around the stadium, yet the club received very little from him / them!
The market value of the club has increased markedly since the 305M takeover. As business people, PIF will not be ignoring that. Very few businesses provide the growth rate the club is experiencing. No one gets bored with a profit.
2bf I don’t think Anderson was up to the level we are currently striving to get to, but i don’t agree with the academy rules of psr. Football is all about the local lads Geordies, Scousers, Mancs playing for their hometown club ‘if they’re at the required level’. Current news Miggy apparently in talks with a Saudi team.
For me PSR, contradicts itself in so many ways. First word, Profitability. Yet the criteria is "losses have to be less than 105 million". That's not exactly "profitability". Besides that, I'd argue that clubs/teams in any sport shouldn't be profitable anyways. They should be using all of their available resources to constantly be improving in their respective competition...that's the point of sport. Massive overspending polices itself. The money will run out eventually. Second word, Sustainability. Yet the penalty for breaking the regulations is a points deduction. Points deductions lead to reduced revenue from lower finishing position in league or possibly relegation. These penalties go directly against the supposed purpose of the regulations "Profitability and Sustainability"...the penalties compound the problem. If they changed to rules simply to "sustainability" rules, changed the limit to losses as a percentage of total revenue, and changed the penalties to transfer embargo....it begins to make a lot more sense
Keith Downies video said we were 60million short on PSR 1 . How can we overspend that much 2 . They must have known this in January 3. How can they overspend that much and the owners telling us we can’t spend more and need to be careful 60MILLION really 4. The club need to give the fans an explanation. We got great money for the players we sold but how did it get to this 60 million is 50% overspend and what’s stopping it happening again its unbelievable
1 we had to overspend in year 1 to avoid relegation. 2. we had to overspend in year 2 to get us into the CL . So we spent over 300 million in bringing in world class players like Bruno and Isak and only 50 million in sales. it's really quite simple!!!! why the fuck does the club owe any explanation?
@@markgribbon9335 so why do the club say we have to be careful with our spending because of PSR when they weren’t and all the people like you would be going nuts if we weren’t lucky enough get rid of the players we did and got a massive points deduction
100% disagree with the panel. Our owners are astute in business and know exactly what they’re doing. Not sure if the panelists are merely ignorant or naive. The fact that we don’t get to review the financials doesn’t mean our owners don’t either. Having worked in finance for decades, I guarantee they could get updated numbers literally every hour if they wanted
it was pure panic in the last couple of days leading up to the PSR deadline, it should not have got to that stage. They would have been aware of the projected spending breaches at the end of last summer's transfer window but still almost walked into a potential points deduction. Were they banking on us winning the champions league and premier league last season to get us out of the financial hole?
Having a plan for transfers relies on both sides of the transaction. On how we got here... You've got to realise that flip side of amortisation is you commit to a spend for 5 years. The "amortisation cost" for this year in the 2023 accounts is £89 Million. The third party rules came in specifically to hurt us retrospectively - its hit others harder than they thought too. The club have known and been honest about it for the last 12 months. The plan was to inject cash through third party transactions - SELA was an obvious first one, and always had a viable business link but now they need to find other ways to inject the capital.
Strategy wise, as fans, we have to accept the club can't say what avenues that they will make PUBLICLY in the transfer market to avoid others navigating / causing more problems for the club
Stop being angry at PIF for running into corrupt financial rules that weren’t even in place when the owners bought the club … if the cartel hadn’t pushed through these road blocks in order to hamstring NUFC the plan would have been fairly straightforward.. it’s the rules and intent behind them that we should be angry at. Hopefully Man City get the correct result in the courts and this bogus “fair play” trap door that’s protecting the established clubs is finally closed and everyone gets an equal opportunity to compete.
The club should tell us exactly how much we have to spend,who we are buying and selling ....and let all our rivals now also. Let the Ashley mentality go its a new bigger brighter era we have now.Expect a couple of big signings once Euros is finished ,our owners are not mugs they work around hundreds of million pound deals
Many fans just don’t get the ‘art’ of negotiation which is like a high stakes poker game. They have to hide the extent of their ‘desperation’ otherwise the buyers/sellers will shaft you. You have to play yours cards close to your chest and cannot communicate this with fans. When the dust settles we may get an insight but frankly to share too much information with fans is popularism not professional club management.
I full back what was discussed here. Serious questions need to be asked and we need to see more presence from the PIF side of the board. Also improved comms to fans all round. The panic and stress caused by the past few days felt unnecessary imo. Hopefully we can learn from here and push on, but we are entirled to ask questions and want better. Alwx made a great point that time waits for no one. Football moves at pace, act slowly and you get left behind.
We maybe pushed our luck with one signing to many last season, but we had champions league football maybe it would have a been a risk worth taking if we'd made the top 4 again but we didn't so we crack on this season. Think the negativity is way to iver the top here....
I would argue having Ashworth on that thing called “gardening leave” has impacted our ability to trade players and do deals . Ironic that we have had to cave and take a reduced fee for him to help alleviate PSR just shows how broken these rules are.
I do love how much our fans catastrophise. Few things go wrong and suddenly it's because the owners don't give a fuck and we're being left to rot 😅 mark my words we'll sign a couple of class lads in the summer and we'll all be saying we're winning the league in about a month and a half from now 🤣
All the “how did we get to the last day” whinging is so short-sighted. Anyone working in commercial knows everything is last minute because that’s when parties fold/compromise to a number.
Just look at the ashworth situation. Man Utd clearly knew what the deal was and thought they had leverage in the negotiations. They paid up when they realised we were covered. That’s business, move on and look at the bigger picture
The whole conversation is absolutely ridiculous. "Failure on the pitch" for finishing 7th. It's the 3rd best finsih we have had in the last 15 years. PIF aren't interested. They have spent the thick part of £1 billion since the takeover. Just because they haven't given everything a full PowerPoint presentation over the clubs strategy so the whole world including our rivals can see exactly what we are trying to do Even kicking off about passing PSR yesterday. We just sold 2 non first team players for massive money. Brilliant business
As we will not be pushing for the league I would have took the points and keep the players what's 6 points The players we are linked with are poor players feals like Mike' Ashley is back 😂
Other clubs knew we needed to sell and was playing hardball, not wanting to help a club that might get a points deduction, so it was inevitable that it would go down to the wire. Any sporting director would get sacked if they did a deal with us earlier as it shows they clearly could have got a better deal. Just both sides playing hardball
To be fair, the naive and amateurish thing to do would have been to broadcast that we needed to raise £x and that we would defo have to sell players. Buyers all knew the deadline and will have been boxing clever, not confirming interest etc right up to the last minute.
It's a business and if they're that naive, that's their problem. Gordon grew up at Everton and they were fine letting him go. You think their agents just sit around on their hands and never put feelers out?
I personally think it was a big f you to the big six making them think they had finally gotten one over us until the last minute, Ashford's a prime example letting them genuinely believe we would cave in because we're desperate only to let him go today on our terms.I think it's hilarious
Transfer negotiations are a movable feast. Lots of smoke and mirrors, and the Gordon thing was perhaps to prevent Forest and Brighton lowballing us as we had other options to bring money in and therefore they did not have us over a barrel
If you've ever played poker is not to show your hand and keep what you have to yourself and not let others see your reactions, we were pushed into a corner.
lol. if they weren't doing their job they wouldn't have sold the players, you honestly think these deals were done and dusted at the last minute? This would have been worked on for months
We either totally screwed it or played a blinder, no middle ground on this. Either we butchered our finances and someone forgot how to do maths. Or we over played ot and brought in 60m to bump up us going crazy in the next financial years. In the end we got 60m and look at the clubs in for the 2 lads who were sacrificied, its not like top 4 clubs werr sniffing about and we got good money. Seems like a necessary evil, but the club need to front up and explain it all. Communication is what was missing 100%
I think Si nails it in saying that’s what these players were bought for. To quote a past panel member (Adam Ckeary) PSR penalises teams without debt when it’s supposed to stop debt.
The club is in the best position its been in years, more stable than alot of other clubs, we have an excellent set of players with alot of young talent and you're gonna start whinging on like every other entitled fan? Its the transfer window, our director of football has been poached, its not exactly straight forward to realign when having to consider all this extra bollocks. What are they supposed to tell everyone our secrets? If you look at our midfield, Bruno, joelinton, tonali, willock, miley, longstaff - anderson isn't gonna be getting the games he wants and he's a good player, he'll wanna play - its best for him really and he's done the club a favour and we can always get him back for nowt when his contract runs out. Most of the clubs have changed their managers or recently just got them, teams are gonna be all over the place next season whilst we've been developing into a strong unit, we werent far off last season from champions league considering everything, its a champions league team, Dortmund and psg got far into the competition and we dusted psg. We're obviously going to strengthen.
Hopefully July will bring some much warranted good news, I think it will, in the coming years with our revenue increases things will become easier for us, it's a bugger losing two excellent young players but as much as it hurts, needs must, still, exciting times ahead imo.
The PIF chairman said he wouldn't be too hands on so I wasn't expecting him to be so involved day to day. The initial plan was blown out of the water once the new laws came in so we are playing by the rules. I agree the rushed end of June sales doesn't looked very planned & they could have gone bigger on the training ground. Looking at the Deloitte rich list we went from 33 million euros commercial revenue in 2022 to 54 million euros commercial revenue in 2023, so I would want that side to ramp up with Peter Silverstone's team giving us the ability to compete, we are a distance off 10th richest Arsenal (532.6mil euros compared to 287.8mil euros)
I think progress off the pitch re commercial deals have been way to slow to materialise. I understand the fact that associate party deals have to be at market value (which has supposedly hampered plans).....but instead of signing two or three associated party deals above market rates why didn't the board just, for example, get >10 deals with saudi companies at market rates? we should have "official partners" with every god damn thing imaginable with PIF linked companies by now
Alex, sorry for ambushing you in the park Sunday morning. We found out 😂. There's a lot of rumours a commercial deal was held back by PL which caused this short fall which would make more sense than us getting books wrong twice. Question, Man U paid up today for Ashworth, coincidence or are Man U in financial troubles?
I heard the deal for Ashworth was done yesterday (before the PSR deadline) which would suggest it was us trying to get the cash in because of our PSR troubles. Man Utd PSR troubles is a nice thought though, and if that's the case, it could be one of the reasons they didn't get rid of ten Hag and have to pay all that compensation.
I've had the same concerns as Alex re PIF's commitment/ambitions for a while now. Absolutely nothing stopping the club investing heavily in the new stadium/stadium expansion, new training ground and creating a elite academy. None of these investment would impact on PSR. Starting to feel like PSR is a convenient excuse for minimum spending.
Surely this sort of behaviour undermines the relationship between club and player. Gordon must think he may as well seek a move. It’s all well and good blaming PSR and the so-called Big Six, but we knew the rules all along, to leave it until the final 24-hours is desperate stuff. Unprofessional.
Why would the Prem league have a “soft” deadline with PSR one month into a transfer period ??? That is if you’re not deliberately trying to influence the ability of the financially more secure clubs??? Why not have the PSR deadline after the actual transfer deadline when ALL business is compmete??
the year end of the annual accounts for Newcastle are 30th June.....it's not a PSR deadline set by the league. If the club want to the "PSR deadline" to be in line with when the summer transfer window closes they can change the year-end of their annual accounts
“True Faith” should change its name to “No Faith” or “True Impatience”. It’s amazing how NUFC have literally been saved from being a zombie club by this ownership group, and yet some fans and this channel still find time to be negative, expecting to become the best club in the world with a snap of their fingers. Last January there was criticism of mismanagement because no players were brought in, despite the clear message that there were PSR issues. Now there’s criticism of mismanagement because there are PSR issues. The positives far outweigh the negatives, but you would think it’s the other way around with how negative some people are. In any walk of life, if you expect perfection you will always be disappointed, and find things to be negative about.
We aren't saying there hasn't been progress on the pitch. Since the new ownership, the progress on the pitch has been more than what a lot of fans would've expected with how quickly it all came about. If there are these really tight PSR issues (which evidently there has been), and the club can't invest on that aspect to be "number one" like they said, there are ways to carry on improving it and investing the money, for example the training ground. There is no stopping them from doing that.
@@tfnufc indeed, and just because you aren’t briefed every other day as to what the plans are, doesn’t mean things aren’t being put in place. In a short period, the ownership group has made massive strides to grow the club, and all that has happened has shown their intent. If it isn’t moving at the pace that some fan’s expect, those fans need a little perspective. I just feel the amount of negativity is disproportionate to the reality. I’m not saying no one can ever question anything the board does, but the tone is far too negative for what the reality of the situation is, and the expectations are often unreasonable and at times naive and petulant.
The PIF want to throw a shit ton of money at a project and get success almost immediately. If they can't do that, they'll lose interest very quickly and move on to the next project. Unless the Saudis are emotionally invested in Newcastle, which is highly unlikely, or they're relishing the challenge of "beating" the Premier league to become #1, they're probably losing interest in Newcastle already.
The club definitely expected to sell Bruno. Profit from his £100m sale would’ve been £62m, we got £61m profit for Anderson and Minteh. Panic ensued when no one came in for Bruno and that’s why everything looked so messy. They’ve done well in the end though.
I was a bit surprised by the tone of the show today. I strongly suspect our owners chief executives were taken by surprise on the points deductions they all thought they would just get a financial penalty. Each transfer window we wanted them to deliver and they did gradually building from trippier to Bruno to Isak to Gordon to Tonali and we were all buzzing. Then the pts deductions started and we knew we couldn’t buy anyone in January and given the December state of play with injuries we would have struggled to sell trippier miggy. Then basically we wanted and needed to sell. Easier said than done as either some players not attractive or couldn’t get the money we needed. So I don’t blame anyone. The whole stadium trading ground issue takes time and perhaps they didn’t want to build a new training centre while they were waiting to see if we were going to move from st James. We have massively improved turnover and eales told us we would need to sell. Have faith
No sales in Jan + No one coming in for Bruno is what got us in this mess, weighing up who left it to the last minuite more this weekend The toon with PSR or Bellingham preserving some of Englands dignity.
The problem was spending over 100 mil on Barnes, Hall and Livramento, who are not ready made players except for Barnes. We mainly develop young English players to stroke Howes ego.
Moaning on “that the club hasn’t told us anything” is such a wet wipe opinion. Stop being such a bairn, we’re not owed any communication on what transfer may or may not happen.
So many comments nobby! I know we’re not owed but when the weekend sends journos and fans into a “what the fuck is going on” spiral a bit of comms would have gone a long way. That’s all.
The journo's feed on clicks and views and will usually print any old speculative rubbish to get them. We've been supposedly going in to buy approximately two and a half million different players since the takeover. They were saying we'd been enquiring about Cristiano Ronaldo at one point. All nonsense. Go and look at how many "Club X are ready to trigger Bruno's release clause" articles there were. Did it happen?
I think people are missing the advantage of all this psr crap. The whole nufc tax since takeover is over. Nobody can over charge us now. I agree I think PIF are losing interest and maybe even Amanda. However I think Ashworth leaving has put a massive hole in the structure.
I think you are missing a huge point guys, the so called big six have had huge revenue streams for years giving them all an advantage when signing players and complying with PSR, we have not due to Ashley no giving a hoot about our club hence why we are playing catch up, continued commercial deals and of new ones will of course help but without stating the obvious this will take time
A very common sense answer that has absolutely no business being made on this channel. Apparently 2.5 years is enough time to build a new stadium, a new training ground, catch up to the top 6 commercially and to do it all without selling players.
7th after all is "a failure on the pitch" according to Alex. I used to love watching this channel because it was one of the more level headed podcasts. Now its just full of moaning because the club can't match the unrealistic expectations of fans who think we are bigger than what we are
I honestly am enjoying seeing the club have to develop proper business models. It makes me feel more secure about their future capability to attract and retain talent. There are things the club didn’t have established that are pivotal to success off the pitch, that are now being put in place or sured up b/c of PSR. It was procrastination on NUFC’s side though.
@@chazu-land I agree that it was uncomfortable getting everything last minute....but it WAS done after all without selling a first team player as well. A lot of the PSR problems are legacy issues from Ashley. In the first 2 seasons none of the outgoing players left for a fee except a few million for Shelvey. That's what's screwed us. That and the low revenue the club had from the Ashley days. It will be easier going forward
PIf are not serious about making the club the best in the PL never mind europe . Serious people wouldnt be touting our best players to other rival clubs
@@davidwebster5946 - I absolutely agree, after the mess left by Ashley the 4 on this panel should really have more of a clue of just what our new owners have had to put right and just how much time that will take, moaning on about what PIF should be putting right outside of the PSR rules is naivety of the highest order bearing in mind they are only 2.5yrs into a plan that could take 10-15 yrs
Do you honestly think we were phoning Forest on the weekend to sell Anderson? this would have been agreed at least days before, as for Gordon all smoke and mirrors
Nope We offered Gordon to Liverpool . How will that make him feel ?
@@nolslifegren Did we or did Liverpool try to take advantage of our psr shortfall and tried to get him cheap? and we said ok but its x amount plus your young defender?
@@Don12065 We offered him to Liverpool . Try dealing with that reality
@@nolslifegren who says? neither of us know the truth of it
@@Don12065Delude yourself all you want 😎
The amount of negative comments about the club on this channel is becoming a joke. Talking about "failure on the pitch" for finishing 7th. Talking about the club not having a plan...despite the massive amount of progress in the 2.5 years since the takeover on and off the pitch
Even questioning the PIF commitment after spending nearly £600m+ to buy/investment into the club
May your claps be the happiest David.
@@rossmcfarlane1219 normally the response of a fan with delusions of grandeur who is never happy. Newcastle have never been a big club since the 1950's and people like you put unnecessary pressure on the club
@@davidwebster5946We offered Gordon to Liverpool . How will that make him feel ? Wake up
@@nolslifegren if we hadn't bought world class players like Bruno, Gordon & Isak there wouldn't have been a gap in the funds
YOU wake up! Every single other team in the league sells players to balance the books. We have bought in some fantastic buys with the money spend and ironically we wouldn't have even had the likes of Gordon if we hasn't taken that risk. We swapped Anderson and some kid you have never seen play to get Isak, Tonali, Gordon etc then people like you have the audacity to say its a bad situation to be in. Don't make me laugh
@@davidwebster5946 Top clubs dont offer their best players to rival clubs . Use yer brain cell kid
Expecting the club to keep us up to date one something like this is like expecting a poker player to show you their hand.
As soon as it’s in the public domain exactly what they needed to claw back, the value of every “fringe” player drops through the floor and we are left having to sell one of the top players, which is very nearly what happened.
There’s something wrong with Si and others who expect constant updates from PIF .. it’s needy and childish to be constantly looking for belly rubs , we had the documentary last year and we’ve generally been communicated with over the past few seasons. Do they believe other clubs like Liverpool, Milan or PSG are running everything past their support every other week ?
This is a case of Twitter mentality spilling over into other formats .
spot on! Also after 14 years of Mike Ashley who said nothing over that period.
It's hard to overstate how much the injuries last season threw plans - particularly selling - into chaos.
Yeah you’re definitely right
If we buy another RW having had to sell minteh, one has to wonder why we bought Barnes.
Remember all these new rules came in when they knew Newcastle were going places this proves how corrupt the premier league are. most of this doesn’t affect the top 6 because they made money without restrictions. .
Can’t be mad at the money we got for Anderson.
I just want to see the club look to improve the first team, I don’t have a lot of faith in Eddie doing this though, I hope I’m wrong.
DCL would be so underwhelming
Trust the process has definitely gone out the window. Hopefully, they learn from this.
What a shambles Bruce wud have been crucified
The only worry i have now we are clear of psr for a year is eddys stupid pursuit of Calvert Lewin as can see that happening just don't trust this guy with transfers without a dof in place
💯 we need someone above Eddie and his nephew asap. His obsession with English players will hold us back massively IMO
Very depressing that we're forced to sell a local lad in this manner, it takes me back to the Andy Carroll sale which of course made sense then but we're now the richest club in the world!
We aren't the richest club in the world. We are nowhere near it
I am fearing the Saudis might get bored pretty soon if this PSR nonsense continues to slow down and fully halt all the plans they had before buying the club.
Remember when we use to talk about the half space, wing backs and 4-3-3? Now we talk about accounting
Crazy what the life of a football fan has become haha
Nice to see all you beautiful bastards on my screen again!
This new PSR Deadline day, which is clearly a thing now (Get used to it). Has made this off season an absolute fucking joke!
My heads battered and we haven’t even kicked a ball yet!!
The most disgusting thing about all of this is that it’s absolutely nothing remotely related to the game we love.
The balancing of the books has us all fucking demented and I reckon less than 1% of the fanbase actually understand the actual financial situation of the club.
I don’t expect the club to divulge its inner workings and calculations for general consumption but by say nothing they have driven us all batty!!
In the absence of any real communication from the club, journalists, media and the fans have created a PSR monster.
Communication is the key. Always has been always will be, especially with our fanbase. In the silence we create our own worst case scenarios and feed off one another.
Anyways, lovely to have you back!!
Absolutely can’t wait to go back to talking about things ON the pitch xx
All the Gordon, Isak stories were lies. Just journo clickbait. Nothing to bother with
Isak maybe but looks like more to the Gordon one !
I expect Isak to sign a new contract. Gordon is rumoured to have his head turned. Liverpool are his boyhood club and he's downed tools previously to join us....
It takes YEARS to become a premier league winning club, I think you're being a bit impatient .. we've got Bruno in the middle, dont forget that.
I had an poignant argument with a Man Utd fan on twitter.
So I argued that with an anchoring rule and removing investment limits...nufc could only ever spend as much as Man Utd Lpool etc not outspend but spend the same.
Mam Utd fan said that wasn't fair either...as their historical success should mean the should be able to spend more.....that tells me everything I need to know
We’ve sold Minteh who wasn’t even given a chance and I know the transfer window has just opened but we are now relying on Miggy really
One point, though…… other clubs were also in a last minute scramble. Seems to be how it worked out.
Yeah true
Who else ? Man City ? Man Utd ? Liverpool ? Villa ? Arsenal ?
@@charlotterobson7015Really ?
@@nolslifegrennot those ones no. The enlightened
@@nolslifegren yes, Villa were in the same boat as us. They lost douglas luiz, we only lost elliot anderson
There a huge negatives that come with ownership by the Saudi state. The only positive is their vast financial reserves. If they can't spend those reserves because football is constantly singling us out for special treatment then what's the point
Saudi Public Investment Fund is not only financial resources. These sit on boards and run some of the largest businesses in the world. The professionalism and adding the right structure to the club.
Newcastle United was ran like a pub club prior to the Saudi takeover.
The septic six and the premier league don’t want the cartel to be broken remember who was behind the super league
I would say it is unfortunate, but I really think people are over analyzing stuff. Selling a player is a two way street and people have to want them. How were the club really supposed to sell when apparently half the league needed to sell to make PSR and the players wanted to be sold were not valueable pre-July. Also to imply PIF left is ridiculous, who do you think paid for the light shows that everyone has loved, they bought back strawberry place land to make stack. Things take time and everyone just has to be patient. Sorry for my rant, but just feels like so many are being hypocrites to their own words saying they just want a team to be proud of and fights for us, which we have, but flip out when there are one or two less than ideal trades. Also with every passing season the PSR will loosen as our revenues increase and then in 5 years time or so we can spend with near reckless abandon. And that is even not taking into consideration that the rules may change anyways.
Really folks,.......take a moment to stand back and take stock. In this present moment the club is in great shape, having weathered some incredible storms. People are letting there emotions show. We seem to have gone from Amanda, Darren and Peter to Staveley, Eales and Silverstone, that feels very emotional. In the past month, we've seen the Adidas launch, two wonderful SELA promotions, confirmation that we're staying at St James park and the fan zone progressing. And,....this summer we have an exciting transfer window ahead;...are we spoilt and angry that we're not getting more? Just because the Club executive aren't talking to fans at the moment isn't a problem, just open your eyes to see what is happening. Actions speak louder than words.
Its all good,....let the emotions go.
We are united.
PennyXxx
Delusional
@@nolslifegren How??????????????????
PennyXxx
@@pennycatterick5148 Practically every comment you make 😎
@@nolslifegren How???????????????
PennyXxx
@@pennycatterick5148Always up the A hole of PIF
If the rules don’t change to allow owners to spend what they can afford..I think ours and many others will sell up and walk away
The question about why so late is redundant, the deals were probably done a while back and the clubs involved agreed to release statements for the deals to the press on the 30th for maximum impact and to show the PL that PSR is forcing their hands.
Fans getting pissed off at this is stupid, based on current PSR rules, selling Minteh and Anderson make perfect sense. £65-70m for a player who's never played for us and for an academy player is a good deal and no doubt they would have sell on fees.
Also the whole Gordon/Isak thing is just speculation, fans need to just chill.
And last point, to think that big businesses haven't got long term plans is completely naive and they have no obligations to share with the public, no matter what us fans feel entitled to.
Some copium this.
The outgoings don’t bother me as much I’m even consigned to the fact a huge bid for Bruno will come in near end of window I’m more worried about Howe spending money because he royally fooked it last summer
The PSR rules will change at some point, this will hurt the league. What happened with ashworth-less ? Do we think 10m
The problem here is supply and demand. I don’t believe anyone in house thought about the demand side issue from other teams.
They knew we had a problem but assumed everyone else would be ok. The deadline was for all clubs therefore anyone in the same boat would not have been in the market to buy players. The demand was created by the workaround / back scratching but we should have been doing that earlier.
That being said all the clubs would use this as a point of leverage to get the best price down below what we wanted and closer to their want.
Manure were obviously using this against us with ashworth to force through the sale. We played brinksmanship on the deals and that is good business, but it’s tough to watch. And you have to be prepared to take the points deduction if you are going to do that. We bottled that part of it and then panicked.
There are a few things to consider here, how are the finances of a privately run business public knowledge, the Club were obviously lining up lots of options to mitigate PSR issues and probably had some locked in and unfortunately clubs became aware of our situation. There were obviously no takers for Wilson, ALmiron or Trippier or I sense they would have gone. Now we are through this barrier, apart from losing two really talented players, we have a decent amortised amount to go to our transfer fund. Lets hope PSR becomes a thing of the past, trust still in the Club but they need to learn how to run a proper Public Relations strategy, they have allowed gossip to become the truth since the awful Darren Eales interview earlier last season.
PSR / FFP needs to be scrapped.
I'm sure the Club have done everything they can when it comes to selling players or putting the word out - you have to remember that any other club wanting to buy will always leave it until the last minute, that way they stand a good chance of getting a good deal if the Club have to sell at all cost before a midnight deadline. Saying that, I'm gutted that we have let Anderson go ... he must be gutted. Living the dream at his club and then they sell him. I don't blame the current owners, I blame Ashley. He did nothing for bringing in good revenue, NUFC was just a cash-cow for his jumble-sale sports shop business.
Ashley didnt sell Anderson , Staveley & Co just did . Wake up
@@nolslifegren yes, because of the fall-out of the FCB not allowing a healthy income stream into the club. Sports Direct everywhere around the stadium, yet the club received very little from him / them!
@@macdesigner Ashleys been gone nearly 3 years youre gonna have to find a better excuse than that
The market value of the club has increased markedly since the 305M takeover. As business people, PIF will not be ignoring that. Very few businesses provide the growth rate the club is experiencing. No one gets bored with a profit.
2bf I don’t think Anderson was up to the level we are currently striving to get to, but i don’t agree with the academy rules of psr. Football is all about the local lads Geordies, Scousers, Mancs playing for their hometown club ‘if they’re at the required level’. Current news Miggy apparently in talks with a Saudi team.
For me PSR, contradicts itself in so many ways.
First word, Profitability. Yet the criteria is "losses have to be less than 105 million". That's not exactly "profitability". Besides that, I'd argue that clubs/teams in any sport shouldn't be profitable anyways. They should be using all of their available resources to constantly be improving in their respective competition...that's the point of sport. Massive overspending polices itself. The money will run out eventually.
Second word, Sustainability. Yet the penalty for breaking the regulations is a points deduction. Points deductions lead to reduced revenue from lower finishing position in league or possibly relegation. These penalties go directly against the supposed purpose of the regulations "Profitability and Sustainability"...the penalties compound the problem.
If they changed to rules simply to "sustainability" rules, changed the limit to losses as a percentage of total revenue, and changed the penalties to transfer embargo....it begins to make a lot more sense
Keith Downies video said we were 60million short on PSR 1 . How can we overspend that much 2 . They must have known this in January 3. How can they overspend that much and the owners telling us we can’t spend more and need to be careful 60MILLION really 4. The club need to give the fans an explanation. We got great money for the players we sold but how did it get to this 60 million is 50% overspend and what’s stopping it happening again its unbelievable
1 we had to overspend in year 1 to avoid relegation. 2. we had to overspend in year 2 to get us into the CL . So we spent over 300 million in bringing in world class players like Bruno and Isak and only 50 million in sales. it's really quite simple!!!! why the fuck does the club owe any explanation?
@@markgribbon9335 so why do the club say we have to be careful with our spending because of PSR when they weren’t and all the people like you would be going nuts if we weren’t lucky enough get rid of the players we did and got a massive points deduction
100% disagree with the panel. Our owners are astute in business and know exactly what they’re doing. Not sure if the panelists are merely ignorant or naive. The fact that we don’t get to review the financials doesn’t mean our owners don’t either. Having worked in finance for decades, I guarantee they could get updated numbers literally every hour if they wanted
Astute ? We offered our player of the season to Liverpool . Are you for real ?
it was pure panic in the last couple of days leading up to the PSR deadline, it should not have got to that stage. They would have been aware of the projected spending breaches at the end of last summer's transfer window but still almost walked into a potential points deduction. Were they banking on us winning the champions league and premier league last season to get us out of the financial hole?
Having a plan for transfers relies on both sides of the transaction. On how we got here... You've got to realise that flip side of amortisation is you commit to a spend for 5 years. The "amortisation cost" for this year in the 2023 accounts is £89 Million. The third party rules came in specifically to hurt us retrospectively - its hit others harder than they thought too. The club have known and been honest about it for the last 12 months. The plan was to inject cash through third party transactions - SELA was an obvious first one, and always had a viable business link but now they need to find other ways to inject the capital.
Strategy wise, as fans, we have to accept the club can't say what avenues that they will make PUBLICLY in the transfer market to avoid others navigating / causing more problems for the club
Stop being angry at PIF for running into corrupt financial rules that weren’t even in place when the owners bought the club … if the cartel hadn’t pushed through these road blocks in order to hamstring NUFC the plan would have been fairly straightforward.. it’s the rules and intent behind them that we should be angry at. Hopefully Man City get the correct result in the courts and this bogus “fair play” trap door that’s protecting the established clubs is finally closed and everyone gets an equal opportunity to compete.
The club should tell us exactly how much we have to spend,who we are buying and selling ....and let all our rivals now also.
Let the Ashley mentality go its a new bigger brighter era we have now.Expect a couple of big signings once Euros is finished ,our owners are not mugs they work around hundreds of million pound deals
Many fans just don’t get the ‘art’ of negotiation which is like a high stakes poker game. They have to hide the extent of their ‘desperation’ otherwise the buyers/sellers will shaft you. You have to play yours cards close to your chest and cannot communicate this with fans. When the dust settles we may get an insight but frankly to share too much information with fans is popularism not professional club management.
The fans need answers 60 million is an enormous amount of money to be over
I full back what was discussed here. Serious questions need to be asked and we need to see more presence from the PIF side of the board. Also improved comms to fans all round. The panic and stress caused by the past few days felt unnecessary imo. Hopefully we can learn from here and push on, but we are entirled to ask questions and want better. Alwx made a great point that time waits for no one. Football moves at pace, act slowly and you get left behind.
We maybe pushed our luck with one signing to many last season, but we had champions league football maybe it would have a been a risk worth taking if we'd made the top 4 again but we didn't so we crack on this season. Think the negativity is way to iver the top here....
The PIF need commitment from the UK government BEFORE they Investin Newcastle / UK.
Think Business
I would argue having Ashworth on that thing called “gardening leave” has impacted our ability to trade players and do deals . Ironic that we have had to cave and take a reduced fee for him to help alleviate PSR just shows how broken these rules are.
I do love how much our fans catastrophise. Few things go wrong and suddenly it's because the owners don't give a fuck and we're being left to rot 😅 mark my words we'll sign a couple of class lads in the summer and we'll all be saying we're winning the league in about a month and a half from now 🤣
All the “how did we get to the last day” whinging is so short-sighted. Anyone working in commercial knows everything is last minute because that’s when parties fold/compromise to a number.
Just look at the ashworth situation. Man Utd clearly knew what the deal was and thought they had leverage in the negotiations. They paid up when they realised we were covered. That’s business, move on and look at the bigger picture
The whole conversation is absolutely ridiculous.
"Failure on the pitch" for finishing 7th. It's the 3rd best finsih we have had in the last 15 years.
PIF aren't interested. They have spent the thick part of £1 billion since the takeover. Just because they haven't given everything a full PowerPoint presentation over the clubs strategy so the whole world including our rivals can see exactly what we are trying to do
Even kicking off about passing PSR yesterday. We just sold 2 non first team players for massive money. Brilliant business
As we will not be pushing for the league I would have took the points and keep the players what's 6 points
The players we are linked with are poor players feals like Mike' Ashley is back 😂
Downvote for awful clickbait headline : I expected better from veteran NUFC vloggers ! 🙄
Other clubs knew we needed to sell and was playing hardball, not wanting to help a club that might get a points deduction, so it was inevitable that it would go down to the wire.
Any sporting director would get sacked if they did a deal with us earlier as it shows they clearly could have got a better deal.
Just both sides playing hardball
To be fair, the naive and amateurish thing to do would have been to broadcast that we needed to raise £x and that we would defo have to sell players. Buyers all knew the deadline and will have been boxing clever, not confirming interest etc right up to the last minute.
I tell you what if I was Gordon or Isak and it was concrete that I was shopped around I’d be fuming, it breaks trust imo.
It's a business and if they're that naive, that's their problem. Gordon grew up at Everton and they were fine letting him go. You think their agents just sit around on their hands and never put feelers out?
I personally think it was a big f you to the big six making them think they had finally gotten one over us until the last minute, Ashford's a prime example letting them genuinely believe we would cave in because we're desperate only to let him go today on our terms.I think it's hilarious
Wake up . We offered Gordon to Liverpool . How will that make him feel ?
Transfer negotiations are a movable feast. Lots of smoke and mirrors, and the Gordon thing was perhaps to prevent Forest and Brighton lowballing us as we had other options to bring money in and therefore they did not have us over a barrel
I genuinely think the club had a plan, and that was to sell Bruno. No one coming for him scuppered that i think.
If you've ever played poker is not to show your hand and keep what you have to yourself and not let others see your reactions, we were pushed into a corner.
These ppl are not millionaires or billionaires making decisions on a whim. Charlotte looks like she is wishing she was back on holiday 😂
I think someone at the club needs to explain why no one seems to be checking the finances at the club. Looks like someone isn't doing their job.
Our DoF has been in his garden since Feb. I imagine that’s who hasn’t been doing his job
lol. if they weren't doing their job they wouldn't have sold the players, you honestly think these deals were done and dusted at the last minute? This would have been worked on for months
At them prices, Isak Gordon and Bruno must be worth atleast 200m
Smoke screens to persuade Anderson to leave to save his beloved club.
We either totally screwed it or played a blinder, no middle ground on this. Either we butchered our finances and someone forgot how to do maths. Or we over played ot and brought in 60m to bump up us going crazy in the next financial years. In the end we got 60m and look at the clubs in for the 2 lads who were sacrificied, its not like top 4 clubs werr sniffing about and we got good money. Seems like a necessary evil, but the club need to front up and explain it all. Communication is what was missing 100%
They are turning so quickly against PIF.
They are wising up to PIF
I think Si nails it in saying that’s what these players were bought for.
To quote a past panel member (Adam Ckeary) PSR penalises teams without debt when it’s supposed to stop debt.
I can’t believe how naive this video’s panel are… awful awful takes
The league is absolutely Bucked.
Absolute wet wipes in the comments. These transfers were planned, make no mistake. Good business in my opinion.
Aye planned over the weekend.
Don't blame the club its the Premier league and the greedy 5
Buck stops with the club . Blame them
The club is in the best position its been in years, more stable than alot of other clubs, we have an excellent set of players with alot of young talent and you're gonna start whinging on like every other entitled fan? Its the transfer window, our director of football has been poached, its not exactly straight forward to realign when having to consider all this extra bollocks. What are they supposed to tell everyone our secrets?
If you look at our midfield, Bruno, joelinton, tonali, willock, miley, longstaff - anderson isn't gonna be getting the games he wants and he's a good player, he'll wanna play - its best for him really and he's done the club a favour and we can always get him back for nowt when his contract runs out.
Most of the clubs have changed their managers or recently just got them, teams are gonna be all over the place next season whilst we've been developing into a strong unit, we werent far off last season from champions league considering everything, its a champions league team, Dortmund and psg got far into the competition and we dusted psg.
We're obviously going to strengthen.
PIF...Watch this space...FFS
Hopefully July will bring some much warranted good news, I think it will, in the coming years with our revenue increases things will become easier for us, it's a bugger losing two excellent young players but as much as it hurts, needs must, still, exciting times ahead imo.
Get rid of PSR.
It's a difficult one for the club because they can't come out and take about financial difficulties
The owners new what the situation was when they bought the club they new they had to adhere to certain rules
The PIF chairman said he wouldn't be too hands on so I wasn't expecting him to be so involved day to day. The initial plan was blown out of the water once the new laws came in so we are playing by the rules. I agree the rushed end of June sales doesn't looked very planned & they could have gone bigger on the training ground. Looking at the Deloitte rich list we went from 33 million euros commercial revenue in 2022 to 54 million euros commercial revenue in 2023, so I would want that side to ramp up with Peter Silverstone's team giving us the ability to compete, we are a distance off 10th richest Arsenal (532.6mil euros compared to 287.8mil euros)
I think progress off the pitch re commercial deals have been way to slow to materialise. I understand the fact that associate party deals have to be at market value (which has supposedly hampered plans).....but instead of signing two or three associated party deals above market rates why didn't the board just, for example, get >10 deals with saudi companies at market rates? we should have "official partners" with every god damn thing imaginable with PIF linked companies by now
Is there an agenda to ruin football eventually? Just asking.
Alex, sorry for ambushing you in the park Sunday morning.
We found out 😂.
There's a lot of rumours a commercial deal was held back by PL which caused this short fall which would make more sense than us getting books wrong twice.
Question, Man U paid up today for Ashworth, coincidence or are Man U in financial troubles?
I heard the deal for Ashworth was done yesterday (before the PSR deadline) which would suggest it was us trying to get the cash in because of our PSR troubles. Man Utd PSR troubles is a nice thought though, and if that's the case, it could be one of the reasons they didn't get rid of ten Hag and have to pay all that compensation.
I've had the same concerns as Alex re PIF's commitment/ambitions for a while now. Absolutely nothing stopping the club investing heavily in the new stadium/stadium expansion, new training ground and creating a elite academy. None of these investment would impact on PSR. Starting to feel like PSR is a convenient excuse for minimum spending.
Surely this sort of behaviour undermines the relationship between club and player. Gordon must think he may as well seek a move. It’s all well and good blaming PSR and the so-called Big Six, but we knew the rules all along, to leave it until the final 24-hours is desperate stuff. Unprofessional.
What this story about Gordon wanting the movie .I feel for Eddie.
Need sporting director.
Liverpool is his boyhood club sadly, so you can see how he would be interested in a move there.
The Saudis definitely bought the right fanbase 😂
2 PLAYERS! 4 PLAYERS YOU MEAN! 12:06
The club NEVER rang Liverpool 'allegedly' or otherwise. It NEVER HAPPENED. The whole premise of your argument is 100% inaccurate.
Aye because you'd know over local journalists 😂
@@rossmcfarlane1219 They'll tell themselves anything to stay positive
After the last few days our fans have again proved how twisty they are
No . The club have proved they are not serious about making us the best in the PL
Why would the Prem league have a “soft” deadline with PSR one month into a transfer period ??? That is if you’re not deliberately trying to influence the ability of the financially more secure clubs??? Why not have the PSR deadline after the actual transfer deadline when ALL business is compmete??
the year end of the annual accounts for Newcastle are 30th June.....it's not a PSR deadline set by the league. If the club want to the "PSR deadline" to be in line with when the summer transfer window closes they can change the year-end of their annual accounts
@@daniel4224 Aha, thanks for the info! Thought it was a league imposed deadline!
@@glennringer5475 👍
“True Faith” should change its name to “No Faith” or “True Impatience”.
It’s amazing how NUFC have literally been saved from being a zombie club by this ownership group, and yet some fans and this channel still find time to be negative, expecting to become the best club in the world with a snap of their fingers. Last January there was criticism of mismanagement because no players were brought in, despite the clear message that there were PSR issues.
Now there’s criticism of mismanagement because there are PSR issues.
The positives far outweigh the negatives, but you would think it’s the other way around with how negative some people are.
In any walk of life, if you expect perfection you will always be disappointed, and find things to be negative about.
We aren't saying there hasn't been progress on the pitch. Since the new ownership, the progress on the pitch has been more than what a lot of fans would've expected with how quickly it all came about. If there are these really tight PSR issues (which evidently there has been), and the club can't invest on that aspect to be "number one" like they said, there are ways to carry on improving it and investing the money, for example the training ground. There is no stopping them from doing that.
@@tfnufc indeed, and just because you aren’t briefed every other day as to what the plans are, doesn’t mean things aren’t being put in place. In a short period, the ownership group has made massive strides to grow the club, and all that has happened has shown their intent. If it isn’t moving at the pace that some fan’s expect, those fans need a little perspective.
I just feel the amount of negativity is disproportionate to the reality.
I’m not saying no one can ever question anything the board does, but the tone is far too negative for what the reality of the situation is, and the expectations are often unreasonable and at times naive and petulant.
@@tfnufc exactly. there seems to be only investment in "assets" that can be sold for future profits i.e. players.
The PIF want to throw a shit ton of money at a project and get success almost immediately. If they can't do that, they'll lose interest very quickly and move on to the next project. Unless the Saudis are emotionally invested in Newcastle, which is highly unlikely, or they're relishing the challenge of "beating" the Premier league to become #1, they're probably losing interest in Newcastle already.
The club definitely expected to sell Bruno. Profit from his £100m sale would’ve been £62m, we got £61m profit for Anderson and Minteh. Panic ensued when no one came in for Bruno and that’s why everything looked so messy. They’ve done well in the end though.
I was a bit surprised by the tone of the show today. I strongly suspect our owners chief executives were taken by surprise on the points deductions they all thought they would just get a financial penalty. Each transfer window we wanted them to deliver and they did gradually building from trippier to Bruno to Isak to Gordon to Tonali and we were all buzzing. Then the pts deductions started and we knew we couldn’t buy anyone in January and given the December state of play with injuries we would have struggled to sell trippier miggy. Then basically we wanted and needed to sell. Easier said than done as either some players not attractive or couldn’t get the money we needed. So I don’t blame anyone. The whole stadium trading ground issue takes time and perhaps they didn’t want to build a new training centre while they were waiting to see if we were going to move from st James. We have massively improved turnover and eales told us we would need to sell. Have faith
No sales in Jan + No one coming in for Bruno is what got us in this mess, weighing up who left it to the last minuite more this weekend The toon with PSR or Bellingham preserving some of Englands dignity.
I sometimes think they left it late because they expected Bruno/Isaks release clause to be activated!
The problem was spending over 100 mil on Barnes, Hall and Livramento, who are not ready made players except for Barnes. We mainly develop young English players to stroke Howes ego.
what a load of bollocks
Moaning on “that the club hasn’t told us anything” is such a wet wipe opinion. Stop being such a bairn, we’re not owed any communication on what transfer may or may not happen.
So many comments nobby! I know we’re not owed but when the weekend sends journos and fans into a “what the fuck is going on” spiral a bit of comms would have gone a long way. That’s all.
The journo's feed on clicks and views and will usually print any old speculative rubbish to get them.
We've been supposedly going in to buy approximately two and a half million different players since the takeover. They were saying we'd been enquiring about Cristiano Ronaldo at one point. All nonsense.
Go and look at how many "Club X are ready to trigger Bruno's release clause" articles there were. Did it happen?
I think people are missing the advantage of all this psr crap.
The whole nufc tax since takeover is over. Nobody can over charge us now.
I agree I think PIF are losing interest and maybe even Amanda. However I think Ashworth leaving has put a massive hole in the structure.