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
JaveaToon
Feb 14, 2024 at 11:24 AM
Comment #161Jail… Cheers, name is vaguely familiar but other than that…
Rotonda heights
Feb 14, 2024 at 11:25 AM
Comment #162Wor B
It does seem to be gaining a lot of traction now and could allegedly happen very quickly.
Davas
Feb 14, 2024 at 11:26 AM
Comment #163No idea what the truth is about the ashworth story but this is similar to what we were saying yesterday and so predictable. As soon as Ratcliffe’s purchase is ratified the press regurgitate the stories from a couple of weeks ago. Then the wannabe outlets jump in and repeat these stories and it all takes off.
Could be true but could be pure speculation. (Like the transfer window)
Davas
Feb 14, 2024 at 11:29 AM
Comment #164The biggest thing for me from this though is the fact Dan ashworth lives in the Midlands. Could this be monster’s contact? 😀
Davas
Feb 14, 2024 at 11:29 AM
Comment #165Sorry, munster not monster
simon376
Feb 14, 2024 at 11:33 AM
Comment #166Could be wrong here, but did Ahworth not say in the press a month or so ago that he has no interest in a move and fixed on his project at Newcastle? That was when all the Manchester talk of him moving to them was out not so long ago
The Bard of Bensham Bank
Feb 14, 2024 at 11:34 AM
Comment #167Apologies for that debacle gentlemen.
:O
For anyone who still has the will, it is now available in the correct order in the ‘Off Topic’ channel on Discord
I’ll now go and have a lie down!
The Bard of Bensham Bank
Feb 14, 2024 at 11:35 AM
Comment #168ffs, can’t even get the emoji’s right now.
🙁
magicmac54
Feb 14, 2024 at 11:40 AM
Comment #169Jeez Bard you never fail to hit the Bullseye young fella 😀 😀
Bard here is a special Valentine`s Edition of The Irish Mags Show specially for you Matey 😀
Keep er lit going through Bensham 😀
HWTL
https://youtu.be/bwtmBFO7SRw?si=eoUu5Do35lEv0oqY
Mund
Feb 14, 2024 at 11:40 AM
Comment #170Bard
You alright mate…?
Late night swingers party eh 😉
lesh
Feb 14, 2024 at 11:40 AM
Comment #171Jail
Like most, including you, I’m capable of making faux pa’s but your suggestion that mine was Tuff like pushed things a bit too far!
Mund
Feb 14, 2024 at 11:42 AM
Comment #172RH
You should know by now to not listen to media reports either way until it’s official
Rotonda heights
Feb 14, 2024 at 11:42 AM
Comment #173Jail
And he’s off…..Straight in, no provocation but hey let’s have a go at someone completely randomly.
Good morning to you too.
Really think you should give up on the keyboard warrior stuff. Your attempted bullying is frankly not up to snuff and it’s really not a good look is it? Your inability to hold a civil conversation and debate with someone who doesn’t necessarily share your views is a bit of a daily yawn fest wouldn’t you agree?
What misery are you talking about little man?
I think if you ever bothered to keep up and actually read beyond what your very constrained and limited outlook on life allows you, you’ll find I was a very happy chappy after beating NF.
Hey at least it’s nearly 12 and you haven’t called anyone a tw-t yet. Progress of a kind I guess so keep it up little fella.
Rotonda heights
Feb 14, 2024 at 11:44 AM
Comment #174Mund
You mean like us being taken over which you refreshed us daily with for 18 months (and I’m glad you did actually)
Mund
Feb 14, 2024 at 11:47 AM
Comment #175RH
I’ve explained why I pushed that as I was privy to a bit of info that gave me the faith and the belief that no matter how long it took it would be done.
It’s the whole reason I went on and on about keeping the faith.
A lot of us share media reports about the club but the sharing party aren’t saying we believe it it’s just a share.
For 18 month we were battered with false report after false report and if any fanbase can see the media for what they are it’s us
The Bard of Bensham Bank
Feb 14, 2024 at 11:50 AM
Comment #176Before I slink off back into the shadows I’ll leave you with this….
Roses are red, violets are blue
On Discord I’ll get an emoji of poo
Mr Tuff likes to drop one whenever he can
He’s fanboy on here, but over there he’s Scatman!
https://www.youtube.com/watch?v=Hy8kmNEo1i8
Raj of Hailsley
Feb 14, 2024 at 12:09 PM
Comment #177Bullying 🙄
WLtoon
Feb 14, 2024 at 12:11 PM
Comment #178TS@128
I think it`s easy to gauge the championship, you only have to look at the current top 6 and see that all 3 of the PL relegated teams are in the top 4 of the champo, likewise in the PL the 3 teams that were promoted from the champo are sitting in the bottom 4 of the PL.
The gulf between the PL and the champo is getting bigger every season an that is why players such as Gnonto , who were nothing special in the PL, absolutely rip it up in the second tier.
You only have to look at the Toon on the two occasions they have been relegated most recently, we were woeful in the PL but went on to win the champo the following season.
The championship is a very poor lge, great if you want to win a few games, but the standard is piss poor imo.
Raj of Hailsley
Feb 14, 2024 at 12:13 PM
Comment #179Just on Talk Sport, Man U hopeful of making a deal and Ashworth keen on the move. Hopefully he quashes speculation with a statement.
Raj of Hailsley
Feb 14, 2024 at 12:15 PM
Comment #180WL Toon,
All three stayed up last year mind.
WLtoon
Feb 14, 2024 at 12:21 PM
Comment #181As for Ashworth, if he leaves he leaves, nothing we can do about it.
I did read a while back that he is happy here but that could be just another BS story.
I think he will stay but if he leaves i will be very disappointed, just another example of money being the be all and end all of everything.
His previous club was Brighton, not exactly on his families door step is it.
Would moving to that horrible lot be that much more of a convenience?
If he does go then good riddance, the club will bring someone else in.
Mund
Feb 14, 2024 at 12:25 PM
Comment #182Ashworth would be a huge loss however it’s not like we couldn’t replace him
Plenty of top directors out there
WLtoon
Feb 14, 2024 at 12:26 PM
Comment #183Raj,
Yep but it is very rare that happens, i think at least 2 of the 3 that came up are going back down again, and at least 2 of the 3 that went down are coming back up to take their place.
Davas
Feb 14, 2024 at 12:26 PM
Comment #184I wonder if, as part of the new apt rules, the Premier league have a section that stops owners using the club as an advertising vehicle for their company at no cost, or considerably below market cost, for the company which would screw over that club. Surely if they really were concerned with the well being of clubs then that is included.
Again, I haven’t actually checked to see if it exists.
Mund
Feb 14, 2024 at 12:38 PM
Comment #185😆
https://twitter.com/NewcastleFansTV/status/1757740047648907616
Raj of Hailsley
Feb 14, 2024 at 12:48 PM
Comment #186I’d imagine there’s some phone calls back and forth between Staveley and Ashworth this morning.
WLtoon
Feb 14, 2024 at 12:50 PM
Comment #187https://www.youtube.com/watch?v=RrFRbZOH2s0
Its as clear as day