Newcastle owners drags premier league to court over Huge £216m silly FFP regulations that have limited Newcastle United

Newcastle United’s owners have spent more than £400 million so far, but because of Premier League profit and

sustainability regulations, the team has not been allowed to fully capitalize on its wealthy supporters.

The profit and sustainability rules of the Premier League are’silly’ and have not ‘achieved their initial aims’.

This is the opinion of football finance specialist Kieran Maguire, who has previously stated that because the rules

have not altered since 2013—let alone when the club was taken over—clubs like Newcastle United have been

impacted “hardest” by them. Of fact, Premier League teams can lose up to £105 million in a three-year span,

but despite their wealthy supporters, Newcastle does not have the same spending ability as the established order

because their income will take time to increase.

Although the Newcastle consortium has spent more than £400 million so far,

they have consistently pledged not to ‘abuse any processes’, even before Everton’s penalty in December shocked

boardrooms throughout the nation.

which caps wages, transfers, and agent fees at a percentage of revenue.

“As consumers, we are all aware that prices have increased,” Maguire stated to the BBC.

Transfer fees have also increased, so why hasn’t the PSR cap increased as well? The rules are plain

ridiculous, as I calculated and projected that it would cost about £216 million to bring us back to where we were in

2013.

They are currently being modified. I believe that there is recognition of their ineffectiveness, and there is

undoubtedly a case to be made for a temporary pause due to the regulations’ inability to accomplish their original

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