JUST IN: Newcastle United and Man Utd ‘vehemently disagree’ on FFP vote that can supercharge Saudi-backed takeover

On Monday, Premier League teams will cast their votes on proposed FFP/PSR adjustments.

Premier League teams will cast their votes on proposed FFP/PSR amendments,

which might leadto a significant spending cap.

On Monday, Newcastle United and the remaining 19 shareholders will choose whether to

“anchor” financial power throughout the top division. If approved, the proposed legislation

would prohibit

clubs from spending more than five times as much on TV revenue as the team with the lowest

revenue in the division.

Transfer and agent fees would also be impacted by this historic revision to the FFP/PSR system,

which would effectively impose pay limitations. For comparison, Southampton, who finished last

in the league, made £103.6 million from TV revenue.

Despite paying an astounding £205 million in salaries, Manchester United was nonetheless

profitable due to their slightly over £200 million in transfer revenue. If the limitations had been in

place the previous season, Chelsea would have been the only Premier League team to break them.

However, The Telegraph claims that Sir Jim Ratcliffe, Man United’s minority owner, is not s

urprised by the ideas. Before Monday’s vote, there are rumours that others at the top of the

division are “vehemently opposed” to the proposal.

New ban lined up to block Newcastle United’s growth

If the new regulations are accepted, Newcastle’s Toon executives will be able to finance a summer spending binge. The Magpies’ pay budget from the previous season was listed by Planet Football as

£84 million; this amount has barely increased.

In order to match FFP/PSR with the UEFA model, Premier League teams have already resolved

to curb expenditure at 85% of their total revenue. The most recent move would serve as an

additional layer of governance with the goal of narrowing the gap between the Championship.

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