Why FFP is stalling NUFC right now NUFC
Eddie Howe said this was going to be our toughest transfer window yet and for sure he wasn’t wrong.
Unfortunately, the spectre of FFP compliance is a very real one, and I’ve reached the conclusion that as we stand right now, undertaking some very rudimentary calculations, that we’re absolutely right on the limit, hence the need for some necessary outgoings before new faces arrive. Adding those three years together with some simple maths and you would say we’re looking good as that’s pretty much break-even, you’d be right, but the problem with FFP is that this calculation is ‘rolling’ and once the next year accounts are reported we’ll lose that bumper £53m profit from 2019.
Revenue next season should be up, assuming we are still in and around where we finished last season, along with new commercial deals and of course Champions League qualification should push revenue up, I estimate total revenue of around £300m.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The real truth on 'Newcastle United offer club record £82m for Khvicha Kvaratskhelia'The real truth on 'NUFC United offer club record £82m for Khvicha Kvaratskhelia' NUFC
Read more »
Newcastle United cult hero remembers special St James' Park moment ahead of Rangers matchAhead of Rangers match, Newcastle United cult hero Peter Lovenkrands remembers special St James' Park moment.
Read more »
Sky Sports confirm broadcast of three more Newcastle United matchesNewcastle United matches on TV - Sky Sports confirm live broadcast of three more games.
Read more »
Championship club keen to sign Jamal Lewis from Newcastle United - ReportNow reported that Championship club Watford are keen to sign Jamal Lewis from Newcastle United.
Read more »
3 more Newcastle United signings to come in, maybe 4 - Reading between the linesReading between the lines - 3 more Newcastle United signings to come in, maybe 4.
Read more »
Harvey Barnes talks bring Newcastle United now close to final agreement - ASM set to departNewcastle United now close to final agreement on next major signing - Harvey Barnes talks near successful conclusion with ASM set to depart.
Read more »