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Financial Fair Play Rules Are Becoming A Joke

9:19 am, Sunday, August 18th, 2013 by Dr. Ed Harrison · 61 Comments

Alan Pardew has again talked about the difference in spending power between the top clubs in the Premier League – essentially those that make the Champions League each year like Chelsea, the two Manchester sides and Arsenal, and the rest of the clubs – which includes Newcastle.

Michel Platini     987

UEFA President Michel Platini – his FFP rules are becoming a joke

And we had great hopes that the new UEFA Financial Fair Play (FFP) rules would have stopped the silly spending of European clubs – and Monaco, PSG and even QPR have been spending money like it’s going out of style in the last year or two.

This is what Alan Pardew told the press:

“We just can’t compete with Man City, Man United, Chelsea and Arsenal in the Champions League positions with that extra revenue.”

“It’s beginning to be a bit of a concern, the gap they’re opening up to the rest of the Premier League.” “Financial Fair Play was meant to even things out a bit, but it doesn’t seem to have had any impact at all.”

“We can only try to improve with what we have. I do think we will do some business before the window shuts, so perhaps it’s a bit more lop-sided as things stand.”

“City are backed by the revenue of a state. It’s very difficult. I don’t begrudge them it. They have a business model and if they can make it work for them, hats off to them.”

“Our business model is such that we can’t generate the money they can, therefore the gap widens.”

It’s the old adage that the rich get richer, and that’s how the Financial Fair Play rules are set up – you can only spend what you create in revenue, and therefore the more successful clubs can pay out more and so they get stronger – and they get richer.

But the main reason to introduce the FFP rules was to prevent clubs like Rangers, Portsmouth and others going bankrupt by spending big money they just didn’t have – either on transfer fees, wages or both – and eventually going bankrupt.

If UEFA President Michel Platini is really going to make the FFP rules stick, he should be inquiring on how Monaco, who have been a French second division club for two seasons, spent all that money on players this summer.

And there are also limits in the rules on what these Billionaire owners can pump into their club.

Clubs like PSG and Monaco are making a laughing stock out of the rules – and if they mean anything at all then some club who have overspent should be prevented from participating in Europe – those are the penalties for clubs spending more than you take in.

As an example, if Monaco qualify for the Champions League next May, they shouldn’t be allowed to participate – and that should send the right message to clubs.

Platini has railed against the English clubs about spending too much – like Chelsea and Manchester City – but now the two worst offenders are two clubs in the French League, so we’ll see what Michel does about those.

Otherwise the clubs will simply skirt the rules, which is what they have been doing – and quite blatantly too.

What do you think?

Comments welcome.

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Tags: European Champions League · European Competition · Financial Fair Play · Financials · Newcastle News · Premier League



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61 responses so far ↓

  • 1 valle // Aug 18, 2013 at 9:24 AM

    I honestly wouldnt want us to get owners like Man City. Some of the magic disapears with that, and I actually like the idea about being run sensible with youth being the direction. But I think we are to tight and I think MA makes some disastrous decisions. If we once in a while took a business gamble on a huge talent. Like PEA a season ago for instance, then we could move ahead. He had been scouted and it would be a calculated risk. That would take us forward and in a season or two his image and price would have soared. Take Suarez for instance (Forget the image part here lol). He was bought for around 25 million as far as i remember. Yet he is worth near double that today and where would Liverpool have been without him? Fighting for their lives against relegation with us, im pretty sure.

  • 2 Beattie25 // Aug 18, 2013 at 9:27 AM

    Erm…

    We can’t compete with anyone in the premier league never mind the big boys!

    Pathetic rhetoric from Pardew as he tries to get people on his side.

    I was saying 18 months ago that the FFP would not do anything but widen the gap.

    If City made 100m last year, they can spend 100m. If Cardiff made 30m they can spend 30m. How is that 70m making it better for Cardiff?

    None the less we will not even spend the money we make. The club is a fcuking joke. It’s already nearly dead, and we sit by watching it rot.

  • 3 Indian Magpie // Aug 18, 2013 at 9:27 AM

    ED

    We wont spend anything.

    Southampton Cardiff and Norwich are smashing their transfer records.

    We have JFK sitting in a Bar.

  • 4 Burni // Aug 18, 2013 at 9:27 AM

    Yawn…..
    Ssdd

    I would love to see an in depth look into our finances. All we hear is that we can’t compete. I realise we can’t just go and spend 50m on a player but is 15 -20m really that unrealistic? Think how much is generated every match day… Not just tickets but food too… Then think of merchandising….. Then think of this huge amount that was supposedly given to all teams for the new TV deal….. And money from players sold. I could be wrong but something doesnt add up.

  • 5 toonarmydownsouth // Aug 18, 2013 at 9:29 AM

    Ffs shut up with this sh*t pardew, it’s not your job concentrate in the team and stop embarrassing yourself by talking about the big 4, no one is asking that but your making out like we can’t compete with the big 19!!!!

  • 6 Ben3arfa // Aug 18, 2013 at 9:29 AM

    Did anyone really think these were going to be implemented by UEFA?

    Ashley and his cronies used it as a means of justfying their under-spending whilst all our competitors strengthened.

  • 7 sparky55 // Aug 18, 2013 at 9:30 AM

    quite funny really…Lambias and Ashley honestly believed the FFP rules would be applied and allegedly got our club into a good financial position by reducing wage bills and selling players…then everyone else just ignored the rules…

    not every day Ashley gets duped!

    I still believe the club is being sold too..can’t think of any other reason why nowts happening to be honest…the sale is probably in the balance on the basis the new owner has to agree to keep the sports direct signs up for another 3 years after the sale has been completed.

  • 8 Beattie25 // Aug 18, 2013 at 9:31 AM

    Pardew gets his excuses in.

    What will he have to say against West Ham?

  • 9 bills-son // Aug 18, 2013 at 9:32 AM

    And the award for this years most over the top ridiculously stupid negger NUFC quote goes to. …….

    Beattie25 for “NUFC is nearly dead and we sit by watching it rot.”

  • 10 Beattie25 // Aug 18, 2013 at 9:33 AM

    Sparky

    Don’t be fooled.

    Ashley and Derek didn’t get the club on a sound financial footing because of the fair play rules, that’s the spoon they fed you with.

    They get us on a sound financial footing so the fat cockney kernt didn’t have to spend anything.

  • 11 Big Pappa Cissé // Aug 18, 2013 at 9:33 AM

    The FFP was supposed to close the gap between clubs like us & the big boys, if anything it has made it bigger.

    Not being able to compete with City is one thing. Not being able to compete with the likes of Swansea & Norwich for players is another.

    Why don’t Pardew, Ashley and co. all just FU*K OFF !

  • 12 croftus5678 // Aug 18, 2013 at 9:38 AM

    theres no point in crying that the boy next door has a better bike than you !

    things wont change ! ashley will carry on being ashley untill he sells
    pardew will keep talking blks because he has too to try and motivate the crowd and his players
    jk will carry on being full of XXXX because he thinks hes god.

    we cant change anything so we either put up and shut up and enjoy the few things we have got right at the club in some quality players and erm…thats pretty much all that springs to mind atm ! or we go support someone else !

    i’m toon through and through though allways have been allways will be.

  • 13 Beattie25 // Aug 18, 2013 at 9:39 AM

    Bills-son

    Yeah and you’re a prick.

    Disagree with me? Tell me so. Do not try an embarrass me by insulting the post that I made by trying to get your boyfriends to jump behind you in vocal support.

    Yet another example of a person on this blog attempting to alienate people with opposing views on the decline of this club. You lot stick together with your delusions, illusions and need to belittle bloggers.

    Do not speak to me or speak about me unless you want to engage in conversation.

  • 14 jazzyp // Aug 18, 2013 at 9:39 AM

    Mornung guys
    Valle
    I see your point mate but for me the prospective owners that were being touted are richer than Ashley for one so hopefully more money would become available.
    Ashley has proven beyond all doubt over the last two seasons that he has no ambition for this club. People talking that we haven’t the finances available are quite frankly talking out of there proverbial backside.
    How can a man with a vast fortune as Ashley not invest in a business that could clearly prosper if set in the right direction.
    As the old adage goes you have to speculate to accumulate !!

  • 15 JackButler // Aug 18, 2013 at 9:39 AM

    Stating the bloody obvious again Mr. Pardew

  • 16 davybtoon // Aug 18, 2013 at 9:40 AM

    Ashly said we will only spend money that we actually have, nothing wrong with that n if you lot pulled your head from your arses n looked at the accounts you will realise we just about break even, we make no where near the money the top clubs do, as Southampton Norwich etc go look at there sponsorship deals I bet they all have bigger deals than us, we have never been a big draw to sponsors, as for new tv deal don’t even mention it that money doesn’t get received until 2014 when season finishes

  • 17 sparky55 // Aug 18, 2013 at 9:41 AM

    beattie…you could be right m8…who knows…but back in the day the purple player thing seemed to suggest they did believe in the implementation of the FFP and their recruitment strategy thereafter reflected that.

    Just busting a gut trying to work out why nowt has happened.

    When a company is in a period of due diligence the directors are forbidden to disclose anything to anyone and they are normally not allowed to buy any assets.

    I could be completely wrong but a loan signing can’t be classed as an acquisition so we ‘got that one over the line’ but I can’t see us getting anyone else in unless on loan either which is why I think the 11th hour bid for bent came in once they realised a loan deal was in the offing.

    Maybe the potential new owners are stopping us buying anyone they and the possible new manager wants.

    Just a conspiracy theory so don’t go mad lads!

  • 18 davybtoon // Aug 18, 2013 at 9:41 AM

    Beattie saying the club is nearly dead was a ridiculous comment

  • 19 Beattie25 // Aug 18, 2013 at 9:42 AM

    I’ll always remember this nugget:

    45bills-son // Jan 31, 2013 at 6:07 PM

    I agree we need another ST but lets not forget HBA – he’ll get a sackful with Sissoko and Cabaye laying chances on + Cabaye will score more as he can get further forward now especially once Tiote returns to do the defensive stuff.

    This side is full of goals – I bet we hit a team for 5 or 6 before the season ends.

    Ha ha ha ha ha

  • 20 numba9 // Aug 18, 2013 at 9:42 AM

    Speculate to accumulate maybe if we did we would give them a run for these money as we did two years ago but we just sat back on our laurels and signed nothing in the summer with am eextra comp to compete in sold players and have jumped backwards

  • 21 John Tudor // Aug 18, 2013 at 9:42 AM

    has the gap between us and newport county been closed

  • 22 cestriasteve // Aug 18, 2013 at 9:43 AM

    Beattie ….. A negga, you must be joking the bloke knows more about football than I have forgot, and is as passionate as any of us!,,

    Keep up the good post Beattie.

  • 23 numba9 // Aug 18, 2013 at 9:44 AM

    But we will pay jobs for the boys and give them a wage lol any of us could do what Lambeze and joke does

  • 24 davybtoon // Aug 18, 2013 at 9:45 AM

    Sick of people who say we lack ambition, how do you lack ambition when you sign players like Cabaye tiote hba colo santon Debuchy cisse remy mbwia sissohko anita all full international Which should of cost us the best part of 150m to buy but bcoz we were clever n got them all for about 50m you lot want to cry we spend no money

  • 25 JackButler // Aug 18, 2013 at 9:45 AM

    I’d be amazed if there is a single fan that expects us to compete with the Chelsea’s, City and the rest on a financial front.

  • 26 sparky55 // Aug 18, 2013 at 9:46 AM

    numba9…methinks they are simply temporary custodians who will paid off by the new owners so Ashley doesn’t have to

  • 27 cestriasteve // Aug 18, 2013 at 9:47 AM

    Sparky I never thought of that, you might have a good point there.

  • 28 valle // Aug 18, 2013 at 9:48 AM

    Jazzyp… I agree 100% mate. I would love us to have an owner like Levy. He takes a calculated risk, puts his foot down when he has to and have ambition without doing a leeds.

  • 29 John Tudor // Aug 18, 2013 at 9:48 AM

    blinded by guff

  • 30 davybtoon // Aug 18, 2013 at 9:49 AM

    Tell me outside top 5 who’s second 11 is strong as ours no ones is so stop banging on about no there’s no quality there

    Honestly nufc fans are the biggest bunch of drama queens going, if there was million pound put on everyone’s seat before the match ppl would turn up n find something to moan about it

  • 31 Rotonda heights // Aug 18, 2013 at 9:50 AM

    Pardew really is supreme at lowering expectations and getting excuses in early. I don’t know how we’ve done it, especially with Pardew and now JFK here but we have assembled a really, really good squad with Remy replacing Ba to complement the SIX players we already got in Jan.

    Pardew must realise he has nowhere to run now. Excuses are all well and truly done. Good fitness coach, no Europa and players like Anita, Marv, Goofy etc on the bench.

  • 32 jazzyp // Aug 18, 2013 at 9:51 AM

    Davybtoon
    Morning pal-Are you actually happy with how Ashley is running this club and the fact we are just treading water while clubs make strides to become an elite PL team.
    I agree mate we will not see the tv revenue till the end of the season but with ashleys wealth do you not think he could reinvest money in to this transfer window, Knowing full well he will get the money back at the end of the season.

  • 33 NUFCarter // Aug 18, 2013 at 9:51 AM

    Arsenal havent exactly spent much lately. They’re like us, they have alot of money they just don’t spend it but obviously they have much more than us.

  • 34 sparky55 // Aug 18, 2013 at 9:51 AM

    great squad…sh!t manager…that’s the main problem with Ashley and JFK being the second biggest problem

    the squad has the potential to do great things

  • 35 davybtoon // Aug 18, 2013 at 9:52 AM

    Jack butler – there will be, didn’t you get the memo we have 52,000 fans third biggest in the country that means we should b third in the league every year ha

  • 36 croftus5678 // Aug 18, 2013 at 9:52 AM

    @25 jb

    with ya there buddy

    when you look at the table i’d say
    manu/manc/chelsea/liv/tot/ars were all out of our league tbh
    its why i dont get why people think a top 10 finish is bad.

  • 37 Tommyy // Aug 18, 2013 at 9:53 AM

    Haha Beattie, what a response! That comment just highlights how deluded some of the people that think we’re all hunky dory really are. It’s mindblowing.

    Davybtoon – Really? You just said that? Lacking ambition comes in the form of not capitalising on the progress we made two years ago. Lacking ambition is seeing us bring in one crock on loan whereas all the other teams around us are busting a gut bringing payers in. Lacking ambition is Pardew constantly attempting to treat us like we’re Halifax town and can barely stay afloat let alone purchase a player!

  • 38 JackButler // Aug 18, 2013 at 9:53 AM

    davybtoon

    Showing ambition is more than just spending money, it’s also about employing the best available person possible for each position at the club, something that Ashley does not do. Pardew, Llambias and Kinnear wouldn’t get within a million mile’s of any other Premier League club.

    Yes we do sign very good players for very little money and our wage bill is comparatively low, but we struggle on the field and we just can’t seem to get anyone over the line as the club keep telling us

  • 39 Beattie25 // Aug 18, 2013 at 9:53 AM

    Never let anyone try and guilt trip you into deluding yourself to the truth.

    People fill themselves with false positivity and accuse those that live in reality of being negative, poisonous and worst of all detrimental to the club you love.

    If we all sit idly by looking at everything with rose tinted glasses then we might as well give up on life because supporting the club you love is never so one dimensional.

    The thing that those with their heads in the clouds will never understand is that we who are the ones they call negative only want the best for the club. We want to make this club better and not settle for what we have. We can see the potential for greatness and will always look at how this club can improve rather than sit on our hands, telling ourselves everything is ok.

    From manxpie to bills-son, Felipe to iantoon and every other “positive” fan, may you know that you are the ones hurting this club by craving, enjoying and accepting mediocrity.

    Bye for now peeps.

  • 40 Greebol1892 // Aug 18, 2013 at 9:53 AM

    Pointless. Why say anything at all??? The bloke just rambles on and on and can’t keep his gob shut.

    Motormouth!

  • 41 Tommyy // Aug 18, 2013 at 9:54 AM

    NUFCarter – Yeah and look how their fans are reacting to no money spent, they’re hating it and going off on one.

  • 42 davybtoon // Aug 18, 2013 at 9:56 AM

    Jazzyp – yea am happy, we’ve quality squad n only need a few additions to it, we’ve been down the route of spending huge amounts of money players b4 with Shepard n it got us nothing

  • 43 valle // Aug 18, 2013 at 9:56 AM

    davybtoon… You being the shining exception?

  • 44 sparky55 // Aug 18, 2013 at 9:57 AM

    Jack Butler…our wage bill is anything but low

  • 45 The overrated Frenchman // Aug 18, 2013 at 9:57 AM

    I really don’t think you need to spend tens of millions to be successful in the Premier League or anywhere else. What is required is people of quality at the top. Would anybody consider Ashley, Kinnear or Pardew people “of quality”? Of course not. Uncouth and clueless would be the common denominator and best descriptor I’d suggest. Clearly our scouting and development model is dysfunctional as we are patently unable to bring young talent successfully into the system. And if anyone thinks these young players who are going out on loan are future premiership stars, well, I envy your optimism. If we can avoid relegation again, I’ll be well pleased.

  • 46 JackButler // Aug 18, 2013 at 9:58 AM

    sparky55

    Our wage bill is around average for the league

  • 47 south coast toon // Aug 18, 2013 at 9:58 AM

    we can compete we only just missed out on a champions league spot the season before this one when we finished 5th and someone decided not to add to the squad, these clubs around us and above us have added quality and deph to there side,
    how has chris hughton added some of those quality signings that have all been targets of ours in the past, norwich or newcastle …should be a no brainer
    how have swansea and southampton, west ham attracted goal getters… joe cole nolan carroll score more goals between them than us all season what a joke.
    pards might get tactics a bit wrong, we will se this season but the blame has to land above him for lack of real quality goal scorers in any position, striker winger cb
    i cant understand how those players that we chased have been allowed to go to other clubs like norwich has delia really sold that many books compared to how many trainers, tops, mugs etc ashley sales
    i love bargins and am chuffed with players we have got in but some aint the right piece of the jigsaw we need to pay money for what we need goal scorers and goal suppliers

  • 48 Rotonda heights // Aug 18, 2013 at 9:58 AM

    Valle

    If we had done what city did with the Mansoors you would have been deliriously happy along with the rest of us.

    Absolute hypocrisy as we tried to buy it with Shearer for a then world record and no one complained then did they.

  • 49 bills-son // Aug 18, 2013 at 9:58 AM

    Davybtoon,

    Dead right in your posts.

    Am I happy that we’ve not signed more players – no. Am I happy with Kinnear – no. Do I hink there are better managers out thee than Pardew – yes. Do I wish we had spendalot owners like Citeh – yes.

    Do I put that altogether and say NUFC is nearly dead while I sit and watch it rot – no.

    The ridiculousness of Beatie25′s comment takes some ‘beating”.

  • 50 jazzyp // Aug 18, 2013 at 10:00 AM

    Nufccarter
    I don’t understand the issue at Arsenal as they do have masses of money to spend like you rightly say. But have not spent a penny yet. AT least there board give positive vibes towards there fans and involve them to a point.
    Its a shame we cannot say the same about ours.

  • 51 Rotonda heights // Aug 18, 2013 at 10:00 AM

    South coast toon

    No someone decided to throw away a 433 and go back to 442 and we have stunk ever since

  • 52 croftus5678 // Aug 18, 2013 at 10:03 AM

    @39 beatie

    i must disagree on that tbh !
    it needs a balance ! its ok saying were XXXX here we need to improve and that player did XXXX we need to replace him ! but praise is very important in getting the best out of people.

    example is pards saying we have good squad the players playing well they look better this year blablabla….it may be only partly true but if they think they are good there moral is better and they are a lot sharper.

  • 53 lesh // Aug 18, 2013 at 10:04 AM

    F%#k.
    I’d penned a brilliant and extensive post to this thread and lost it!

    Mickey Mouse (or should I say Micky Ashley?) fone.

    There is an upside for you guys, you weren’t faced he prospect if reading it!!

  • 54 Finnbad The Sailor // Aug 18, 2013 at 10:06 AM

    Bills does have a point though… that comment about the club being dead and rotting is absolutely ludicrous.

    If anything it’s the complete opposite. Ideally there are a few things and additions that could be made to significantly strengthen our position.

    As discussed umpteen times like new player influx. Minor changes and reverts on tactics and formations respectively. And a possible addition to the coaching setup.

    All though if we could somehow manage to merge our defensive record of the 5th season and the attacking flair of the final quarter of the same season i would be even more content than I am now (assuming we get an additional striker).

  • 55 valle // Aug 18, 2013 at 10:08 AM

    Rotonda… Your telling me how I would feel? Who the f are you to do that lol? I would love to know, because I was dead serious about what I wrote. Would I stop supporting the club? No. Would I be very unhappy? probably not. Would I feel some of the magic was gone and that we cheated to get there? Yes. So there you have it, from the horses mouth. As to the example about Shearer. That was a whole different story. It was 1 player and a one time offer the blew the roof off. At that time, we had to buy him! It was the local hero returning and we had the means to take the risk with such an offer. It dosnt compare to the way city and chelski spend money season after season, buying ever player with a pulse only to discard them 2-3 seasons later.

  • 56 BandB // Aug 18, 2013 at 10:09 AM

    Bills,

    I’ve been away for a while, but did check back to see you answered my post last week.
    During the long unbeaten run of late 2011, we were still playing with our Championship defence. But, in my view, the difference between then and now was largely due to confidence which has been squandered since.
    Tiote and Cabaye were on the top of their game, Ba was on a hot streak and Best was often quietly effective in holding up the ball (something we lost when he left). And Simmo banked us a fair few points with goal-line clearances. It was effective, but relied a lot on freak goals and last-ditch defending. Everyone played in a position where they were at least competent, Best being a good example. We have brought in better players since. But cohesion and belief is missing.
    I seem to have come back when you are in Frank Self-Righteous mode, which I don’t mind, as it adds a bit of spice. But your football stuff is a good read.

  • 57 south coast toon // Aug 18, 2013 at 10:19 AM

    rotanda
    your dead right there,teams attack us because there not worried by our goal threat and isolated stricker
    but i cant help but feel ashley needs to pay for goalscorers and thats more were are problem lies, but will slaughter pardew after 10 games if we are still playing last seasons dross, its like cooking you can go to asda and buy all the reduced stuff and offers but you got to pay for what you need that final bit for the recipe, come on its not as thow ashley works hard for his money, pherhaps if everyone stands outside the ground woth 4 3 3 written on a board pards might change back to it and then again the sun might rise in the west, i bet man city r shiteing themselves at the threat we will carry to there goal probly play 2,2,6 lol

  • 58 JP...from The Rock // Aug 18, 2013 at 10:48 AM

    Some people don’t get that Pardew most of the times he speaks he’s trying to let us fans know what is going on behind the scenes while at the same time not giving too much away and as not to upset players and the board. Though he does look the fool when he says Shola is a legend :/

    Shola is lucky to be called a footballer. But besides that part of his chats to the press go to us and some to the players while the board is keeping an ear open to see if he talks his way into trouble.

    Pardew has to sound like a politician or else he’ll lose his job. It’s just that when there is no good news in signings for example his blabbering sounds that little bit more annoying.

  • 59 JP...from The Rock // Aug 18, 2013 at 10:58 AM

    We should go in for Thauvin. No matter if his stock and price has risen dramatically. f we get him for 8M I still see that as great business. This kid is set to become a star. Sadly we didn’t get him in January but he is something special and it’s pleasing to know we were interested.

    Thauvin would slot in seamlessly on the LW replacing Jonas. His attack play would excite fans and our team would finally scare opposing defenders.

  • 60 hadthetshirt // Aug 18, 2013 at 11:16 AM

    pardew.It’s sometimes better to say nothing and let people think your a fool.Than to open your mouth and let people know you are a fool.If you could take a rag and bone man and make him a star that’s good,but you take a star and make him a rag and bone man.Now try and keep your gob closed and manage the team,without getting the excuses in before it happens.God know’s what the players think of you.It wont be good apart from jonas and 23.

  • 61 stuart no9 // Aug 18, 2013 at 5:47 PM

    We need to get our club back.! Ashley has stormed into the north east , mugged 52000 + people and stole the one thing that Geordies live and work for – that feeling of absolute excitement on a Saturday or any other day the black and white stripes take to the field. Someone mentioned ‘nufc. Are dead , looking BA k to how it was before Ashley arrived – he is not far wrong . Can anyone really say they are excited about the coming season ? I’m not , that spark has gone , Ashley has ripped the soul out of nufc , without sole there is no life . We are Only making up the numbers for top clubs to accumulate points to see who will be crowned champions come may .we need Shley out – we need our club back we need to demonstrate and fight the regime to get back what is morally ours ,




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