At the beginning of last October, the acquisition of the Newcastle by the Saudi fund Public Investment Fund. Although the money cannot be spent in its entirety due to the regulation of the Financial Fair Play, the fortune of this fund is estimated at a whopping 320 billion pounds.
However, this acquisition has made it one of those teams in the Premier who have more margin, especially the famous’Big six‘.
A study from the University of Liverpool for Sportsmail has revealed how much each Premier team can spend based on the Financial Fair Play. This regulation consists of not being able to spend more than what a club enters. It serves especially to limit and control the economic losses of each team in a league, but it is also a policy that helps prevent clubs from compromising their future with huge losses that can lead to bankruptcy.
Newcastle become one of the Premier League teams that can spend the most
Despite having ‘a priori’ a practically unlimited amount to spend, due to the Financial Fair Play the Newcastle Only 166 million pounds can be spent in the next 3 years. However, several analysts have confirmed that in case of signing with an alleged sponsor that would inject 100 million more of capital, this margin could amount to more than 200M pounds, placing the club among the most powerful. Only Arsenal, Chelsea, ManUnited, Liverpool and Tottenham They would have more room for maneuver when signing.
Having a margin of 166 million does not mean that you have that amount to sign. The Tottenham you have 400 Fair Play margin, but you don’t have enough money to cover that margin. On the other hand the Newcastle has the ‘cash’ necessary to invest up to the allowed limit, since it is backed by 320 billion euros from the Saudi fund.
The new technician, Eddie howe, you will have the money you need to take to the Newcastle He was going to the top, to fight for the highest places in the table, against the best teams in England. However, keep in mind that the more they spend this winter, the less money they will have to sign in the next three yearsSince the Fair Play margin decreases every time you spend.
Kieran Maguire, podcast host Price of Football He said the FPF margin would be the same without the Saudi acquisition: “Newcastle would have had the same margin without the acquisition. The club now has an owner who will be prepared to exploit the potential, as he has the resources and probably the propensity to do so. “
Mike ashley, which acquired 77.06% of the shares of the Newcastle In 2007, he has ensured that the club has made profits and offset expenses through infrastructure and community projects. As a result, Maguire estimates that the club could spend the 166 million pounds now and still stay within the three-year limit.
The margin of each Premier team
according to the Financial Fair Play
Tottenham leads the ranking
Calculations show that between 2010 and 2020, the ‘spurs‘had a gross profit of £ 401 million, compared to £ 128 million for the United and the losses of the City and the Chelsea.
Furthermore, the ensemble now led by Conte, it has been spent between a quarter and half of what the rest of the clubs have spent ‘Big Six ‘.
However, despite having a much higher Fair Play margin compared to other teams, the Tottenham You will not be able to spend up to that amount, simply because you have neither the money nor the intention to invest that much.
“As a business, Daniel levy (Tottenham president) has run the club in an excellent way, but if you look at it from a point a bit further away from the business, it’s not that great. The club has been moving away from the level of the ‘Big Six’, while these have continued to grow soccer. If they want to continue finishing sixth, then fine, ”Maguire said of Tottenham’s management. “Spurs have had more of a business model, rather than a model for winning trophies.”, He concluded.
Several media have already confirmed that the new coach of the Tottenham, Antonio Conte, is focusing both on getting rid of players it does not have, as well as signings to strengthen the squad. The first ‘signing’, and probably the most important that the Italian coach is going to do is to recover the best version of Harry kane. What is clear is that they are playing being in Champions next year and if the ‘spurs’ need points, they need them now, and the club has already confirmed that Conte you will have a lot of room to spend on signings of your liking.
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City have the lowest margin of the ‘Big Six’
After the Tottenham, the Liverpool is in second position with 273 million maneuvers, above the 243M and 241M of the ManUnited and Chelsea, respectively. Somewhat below is Arsenal with 201M and the BurnleySurprisingly, it is in fifth position with 171M, above the already named Newcastle.
Due to the acquisition of Grealish last summer for 117 million pounds, the margin of the City it has dropped considerably, and the club is in twelfth position in the ranking, with 84M.