The Premier League are looking at updating the PSR (Profitability, Sustainability Rules), which have been in effect for about 10 years now, and you would think at least the financial limitations should change to keep up with the inflation of transfer prices in football.
There was a Premier League meeting held within the last week or so when representatives of the 20 Premier League clubs met with PL CEO Richard Masters.
The current rules are that over three years Premier League clubs are allowed to lose only £105M, and of course this season Everton were docked 10 points for not keeping to that particular rule.
Everton are 3rd bottom of the league now with 19 points from their 24 games, following the deduction: without the deduction they would be in 13th place.
Richard Masters told the Premier League club’s representatives the PL would like to move to UEFA’s new squad cost model (SCM), which limits spending on wages, transfers, and agents’ fees to around 70% of a club’s revenues.
Kieran Maguire is an expert on football finances and he wrote the book The Price of Football, and he had this to say to the BBC:
“Any fan of a club who is aspirational, ambitious, and has had new owners come in over the last decade – we’re talking Everton, Aston Villa, Newcastle United and so on.”
“They will say, ‘We’re getting a bit of a raw deal here because the rules didn’t apply to Chelsea and Manchester City.” “When they were introduced in 2013, it was based on 2013 prices.”
“We talk about the Premier League making decisions, but the decisions are made by the executives so there are 20 shareholders of the Premier League who are the 20 clubs.”
“They have had the opportunity over the last decade to change the numbers and, for whatever reason, they have chosen not to do so.”
“Everybody operates in their own self-interest and it could be for some of the smaller clubs – let’s say Crystal Palace – that you don’t want that limit to increase because you can’t afford to spend more money so therefore you would vote to keep it at £105M.”
“The big clubs who have already got a sporting advantage, because they have got so much money coming in, they don’t want that £105M because they don’t want Everton or Newcastle or Aston Villa to become a threat to take away the most precious thing in the Premier League.”
“That’s a qualification for the Champions League because the Champions League is worth so much more money.”
“Everybody is acting in their own self-interest so there are probably three or four clubs for whom index thinking would have worked really well and, from a level playing field point of view, would have been the appropriate treatment.”
“But the other clubs are acting in their own self-interest and we have not had this progressed.”
Any increase in what Premier League clubs can spend would be good for Newcastle, because we are not short of money from the PIF.
But we are limited currently by the current PSR rules which is why we decided not to spend big money last month in the January transfer market.
Hopefully we can have a good summer trnsfer window.
The big money in European football is made through qualifying for the Champions League and it looks like Newcastle will not be able to qualify for that this season.
Premier League Table 2023-2024
| Position | Team | Played | Won | Lost | Drawn | GD | Points |
|---|---|---|---|---|---|---|---|
| 5 | Tottenham | 38 | 20 | 12 | 6 | 13 | 66 |
| 6 | Chelsea | 38 | 18 | 11 | 9 | 14 | 63 |
| 7 | Newcastle | 38 | 18 | 14 | 6 | 23 | 60 |
| 8 | Man United | 38 | 18 | 14 | 6 | -1 | 60 |
| 9 | West Ham | 38 | 14 | 13 | 10 | -14 | 52 |
We are currently 11 points behind 4th placed Spurs in the league table.
What do you think?
187 comments so far
Davas
Feb 13, 2024 at 4:24 PM
Comment #41Javea
I wonder if they’ve even thought that far ahead.
dazzler
Feb 13, 2024 at 4:24 PM
Comment #42Davas,
I don’t think the CL money would be so significant that it would have that big of an impact on the larger clubs tbh.
Man City made £110m the year they won it – so around £77m lost if they failed to qualify the next year.
In reality, that would likely only mean they’d have to spend less on transfers the following season – or sell another Cole Palmer type player or two so probably unlikely to have a significant impact on them.
Davas
Feb 13, 2024 at 4:28 PM
Comment #43Dazzler
Thanks, I was going to add that I hadn’t looked at figures. 🙂
Again, I haven’t looked at figures, but it again sounds like it would have more of an effect on clubs trying to break into that group then.
JaveaToon
Feb 13, 2024 at 4:33 PM
Comment #44TS…It’s obviously here to stay, we can only hope they get better and quicker and using it. Officials actually having a full understanding of the rules may help, as in the case of the PSG penalty. We should be at a stage where PGMOL or others should have to apologise for mistakes because there simply shouldn’t be any. Obviously some decisions will always be subjective no matter how many camera angles you have, but if it’s subjective there’s no mistake made, just differing opinions which suits me fine. You want some talking points to argue over, it’s always been part and parcel of the game.
JaveaToon
Feb 13, 2024 at 4:35 PM
Comment #45Davas…If they’re owt like me they certainly won’t have 😀
Davas
Feb 13, 2024 at 4:40 PM
Comment #46I really can’t understand why they haven’t at least brought in semi-automated offsides. It would much quicker and more accurate
Davas
Feb 13, 2024 at 4:40 PM
Comment #47Javea
🙂
JaveaToon
Feb 13, 2024 at 4:56 PM
Comment #48Davas…I’d read/heard at least a part of it is the balls 😯 Adidas balls used in the World Cup etc have the technology, the EPL use Nike balls which don’t.
onmeedsun
Feb 13, 2024 at 4:59 PM
Comment #49Davas
They’d have to sell players if turnover dropped year on year. Clubs would know their predicament so would be seen as a fire sale and they’d get less for the player. Each PL place is worth £2.5m and clubs only find out at the end of the season, by which time you don’t have the time to put it right. Selling players in June is not a good option. So clubs would have to assume worst case in setting their budgets. Allow sufficient headroom. It will probably be a rolling 3 years anyway, but the clubs with the mega revenues north of £500m will be the winners as they’ll have plenty of headroom. It’s a cartel.
JaveaToon
Feb 13, 2024 at 5:20 PM
Comment #50So in short, are we(as in NUFC) better off with ffp/psr rules as they are and deal with UEFA ones as and when we have to rather than the EPL rules changing to something similar to UEFA’s…or are we screwed and it won’t make much difference to us either way?
Sir Pugalot, the Dutch Bulldog
Feb 13, 2024 at 5:24 PM
Comment #51Steve Wright no longer in the afternoon!
JaveaToon
Feb 13, 2024 at 5:32 PM
Comment #52Very sad Pug. Another part of my youth gone!
RIP 🙁
onmeedsun
Feb 13, 2024 at 5:32 PM
Comment #53Javea
The £105m rolling 3 year loss gives us more headroom on transfer fees and player wages than the 70% of turnover, but ultimately we need to comply with UEFA to play in their comps. Whichever system is used for us to compete it will need to be a combo of commercial and match day revenue growth, elimination of deadwood taking wages for nothing, and player sales. And we need a manager who can work with that and get our squad punching above its weight. I think Howe is the right man for the job as others would just want the best players bought. Eddie will improve a player which creates value.
JaveaToon
Feb 13, 2024 at 5:37 PM
Comment #54Onmeedson…Thanks, as I suspected really. Yeah, Eddie’s the man for me. I honestly don’t think anyone else could have come into the situation we were in and done a better job than he did the rest of that season and last season….controversially I’d also include Klopp and Pep in that!
Davas
Feb 13, 2024 at 5:46 PM
Comment #55Onmeedsun/javea
Sorry, went out but thanks for the replies. Interesting stuff. Does sound like they’re stitching it up and placating the self entitled clubs
Davas
Feb 13, 2024 at 5:47 PM
Comment #56I’d also agree about EH being the right man for the job. It’s a long term thing.
WLtoon
Feb 13, 2024 at 6:01 PM
Comment #57Just nipped on to read a few of the posts and noticed Jevea`s @54.
I totally agree with that, in fact i doubt any of the so called world class managers would of had the balls to take that job on, i think it`s all about how confident you are in your own ability and EH fancied a crack at doing the almost impossible, keeping us up, and he achieved it.
EH has still got plenty of credit in the bank for me, and no doubt many other posters.
There are fans who have mentioned other notable coaches and said they would of done this or done that, when in reality they wouldn`t have had the bollocks to take the job on in the first place in case of failure and therefore tarnishing their reputation as a top class coach.
I know how good these so called world class coaches have been the PL and they have been well and truly found out, and that is with clubs with plenty of money to spend.
You can shove your Conti`s, Mourinho`s, Tuchel`s and Ancelotti`s up where the sun don`t shine.
Fenham to Chalfont
Feb 13, 2024 at 6:09 PM
Comment #58Is it just me or does anyone think that lesh is seriously disturbed 😳
Ooooo........it's Nicky the ball tosser
Feb 13, 2024 at 6:14 PM
Comment #59I like FFP in theory. In practice though it’s still a work in progress, but then again, what isn’t?
It’s not gonna stop us from joining the senior clubs and winning silverware, although it will stop us from dominating, but so what, competition is good.
The PL have to be serious about fair punishment for present and past breaches of FFP though.
City and Chelsea and any others……. zero tolerance towards cheating. It stinks, no matter where you find it in life.
Ooooo........it's Nicky the ball tosser
Feb 13, 2024 at 6:22 PM
Comment #60Yeah, it’s an interesting debate about whether a more experienced and accomplished manager would have handled things better than Eddie Howe this term. In some ways yes, in others no, I’d imagine. There’s only a few who can handle the egos of top top players, and the dressing room that comes with that. We don’t have that, but we do great spirit, which must be largely down to Eddie Howe and his team. He’s still got a ways to go in his journey with us. I hope he’s still around to see us win that elusive first trophy in so very long. I expect he will.
WLtoon
Feb 13, 2024 at 6:23 PM
Comment #61It seems the PL are serious about FFP, so when are they going to do something about Man City and their 115 breaches?, or don`t they fancy taking on the price of a long drawn out court case taking on a super power which is Citeh.
Seems to me like Citeh have hedged their bets and the risk has paid off.
Ooooo........it's Nicky the ball tosser
Feb 13, 2024 at 6:24 PM
Comment #62…better to say guide us, than see us.
Raj of Hailsley
Feb 13, 2024 at 6:26 PM
Comment #63I just think you’re the only one that cares Fenham.
Mickey G
Feb 13, 2024 at 6:41 PM
Comment #64I’m not a violent person , by any means but every time I see the faces of Richard Masters or Michael Owen ,I want to slap them .
Swablr
Feb 13, 2024 at 6:45 PM
Comment #65Mickey…given the opportunity I think you’d have a moral obligation to be holding a cow pat when you do!
Fat Basta*d
Feb 13, 2024 at 6:50 PM
Comment #66Ya fat waste of space no one is more disturbing than a necrophil like you
Ooooo........it's Nicky the ball tosser
Feb 13, 2024 at 6:53 PM
Comment #67My view on Howe, is that he didn’t quite have the squad to meet the demands of the season. Tonali, the brittleness of both Isak and Wilson, the freak injury to Barnes. We’ll do much better next term, I feel, with fewer demands placed on us, and a better squad, which I expect will see the addition of a starting left back, a more robust centre forward drafted in, a Botman type addition at rcb, and perhaps a right winger. We need to a bit more quality, pace and robustness in one or two parts of the pitch, but I’m sure Eddie Howe and co are on it.
Munster Mag
Feb 13, 2024 at 6:55 PM
Comment #68I’m guessing Fenners is home after his important day and looking to tee off a ruck, so lobs a grenade Lesh’s way, just like night follows day.
The little fella will be on later to back him up.
Munster Mag
Feb 13, 2024 at 6:57 PM
Comment #69Tend to agree Nicky.
Billing always seems to do well against us and never comes off badly from Joel. We’ll able to front up. Depends on the fee.
onmeedsun
Feb 13, 2024 at 7:07 PM
Comment #70The thing is with this FFP/PSR bollix is this.
20 years ago we were a nailed on top 4/5 team. Had been for the most part of the mid 90’s to mid 00’s. KK and SBR years. But the CL hadn’t expanded then and the revenues were much lower.
Spurs and City were nowhere, miles behind us.
SJH then lost his bottle and the dark lord came into town.
Didn’t think we could ever compete so invested nothing.
The rest is history.
Daniel Levy was rubbing his hand thinking how clever he’d been.
So we’re playing catch up.
Didn’t have to be this way but it is.
Too many asleep at the wheel.
Ooooo........it's Nicky the ball tosser
Feb 13, 2024 at 7:08 PM
Comment #71Without being in any way critical of any of our players, just simply in terms of strengthening, I’d look to release Dummett, Ritchie, Lascelles and move on Targett, and also Miggy and bring in a starting left back, a rcb centre back, a striker and a right winger. I think that’d be the plan, although achieving it is of course another thing and I’d try really hard to keep everyone else.
lochinvar
Feb 13, 2024 at 7:08 PM
Comment #72Disgusting.
Clearly these types of deals take over 2 years or more to clear.
And they want tax payer money to help bail them out of the mess the club and the stadium are in ?
British billionaire Sir Jim Ratcliffe’s deal to buy a 25% stake in Manchester United has been approved by the Premier League.
The deal, worth about $1.3bn (£1.03bn), is still subject to Football Association approval.
Owners the Glazer family will retain a majority stake in the club but Ratcliffe’s Ineos Group will take control of football operations.
Premier League approval is contingent on the deal being completed.
Ooooo........it's Nicky the ball tosser
Feb 13, 2024 at 7:21 PM
Comment #73I don’t think FFP stopped Ashley from investing. I think he’s just a cheap ass, with a cheap ass mentality, to match the cheap ass merch he peddles. He could’ve put plenty of money in, got it all back and more when he sold, and given us a side to be proud of, and to get fully behind. He was just a cheap ass.
Raj of Hailsley
Feb 13, 2024 at 7:29 PM
Comment #74lochinvar,
It might be because INEOS weren’t providing 80% of Saudi’s with dodgy boxes to watch the PL with and beIN weren’t threatening to withdraw their multi billion $ bid for the rights if they went ahead with our TO.
Davas
Feb 13, 2024 at 7:45 PM
Comment #75So I’m guessing EH will say, at his press conference on Friday, that Wilson hasn’t trained all week….
but then play on Saturday 😉
Raj of Hailsley
Feb 13, 2024 at 7:47 PM
Comment #76Davas,
Pointless listening to him, I’d still have AG in my FPL team if not for him 😀
Davas
Feb 13, 2024 at 7:50 PM
Comment #77Raj
Luckily i left AG in as I had a suspicion he’d play. 🙂
Fat Basta*d
Feb 13, 2024 at 7:51 PM
Comment #78I dont understand the ‘Eddie didnt have the squad’ argument.
Its a 25 man squad plus u21s. You make it sound like if we had 40 man squad we would have done better. But everyone had 25 man squad.
If we get Europe then its same again next season with 3 games a week.
Imo we signed the wrong players. Only Livramento has been a “success”.
We didnt need Barnes, Tonali, Hall.
We needed a DM and another CF. Thats where we have struggled mostly. Plus Eddies lack of adjusting to players available and only sticking to 433.
Fat Basta*d
Feb 13, 2024 at 7:52 PM
Comment #79Do we have the funds to sign several players in the Summer?
Fenham to Chalfont
Feb 13, 2024 at 8:00 PM
Comment #80Raj, Munter, and the freak troll all aligned with lesh.
I rest my case. Nothing more needs to be added 😉