1. Log in now to remove adverts - no adverts at all to registered members!

Interesting FFP tweet

Discussion in 'Newcastle United' started by Consett Mag, Oct 25, 2021.

  1. Consett Mag

    Consett Mag Well-Known Member

    Joined:
    Feb 19, 2011
    Messages:
    2,370
    Likes Received:
    1,626
  2. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

    Joined:
    Jan 29, 2011
    Messages:
    31,140
    Likes Received:
    20,667
    It is interesting.

    Basically saying the best approach is to spend £150m a window.
     
    #2
  3. Warmir Pouchov

    Warmir Pouchov Better than JPF

    Joined:
    Jun 1, 2011
    Messages:
    37,088
    Likes Received:
    12,616
    I had this explained to me by an accountant the other day. I had said "I've heard we can spend 190m straight off the bat". He said there is nothing to stop them spending 3 times that actually, but it wouldn't be a sensible approach for the long term. But as with that and what DPP said, he reckoned spending 150m in transfer fees would be more than manageable.

    We are in such good shape. This is why all the toys are getting flung far and wide. If we can increase revenue through sponsorship etc, we are basically set for 10 years of spectacular investment, all within the rules.
     
    #3
    cronemeister and Flash like this.
  4. Simon Jordan

    Simon Jordan Member

    Joined:
    Oct 24, 2021
    Messages:
    33
    Likes Received:
    18
  5. JakeNnufc

    JakeNnufc Active Member

    Joined:
    Jun 5, 2021
    Messages:
    479
    Likes Received:
    198
    We are still a banter club
     
    #5
  6. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    30,028
    Likes Received:
    17,253
    Ahem. (Accountant here) I could explain how it could happen.

    And why it won’t happen.

    But I guess you wouldn’t want to hear that eh! :1980_boogie_down:
     
    #6
  7. Hamish McMagdad

    Hamish McMagdad cult leader

    Joined:
    Jan 11, 2021
    Messages:
    16,781
    Likes Received:
    17,975
    Nah, cause that would be like asking a conveyancing solicitor to quote on a CAT case. :emoticon-0140-rofl::emoticon-0140-rofl::emoticon-0140-rofl:
     
    #7

Share This Page