Looking at how FFP (Financial Fair Play) works through everyone's favourite Newcastle striker nufc
Looking at how FFP works through everyone’s favourite Newcastle strikerI’m just writing into the Mag after reading articles and comments about the Nick Pope transfer, one of the latest of several topics that have been mixed into Financial Fair Play in a way that makes FFP a red-herring topic.
Let’s just get straight to one of the most thrown-about FFP buzzwords right now: Player amortization. Throughout this all, I can’t overstate enough that FFP money is not real money. Hopefully that will become very clear by the end of our fictional, future Chris Wood scenarios below. But, before speculating on the future, let’s go over the past few months and the effect on the club today.
Look at the CVs of the people trusted with buying and selling at Manchester United and Everton over the last decade, and tell me you can spot the difference between them and the new faces behind hired by Newcastle United right now, because I cannot. We’re assuming Wood didn’t get a pay bump during his transfer negotiations, we’re assuming he didn’t get a signing-on bonus , we’re assuming Newcastle didn’t pay any agency fees during the negotiations, and we don’t even know if Wood’s reported Burnley salary is a pre-tax or after-tax figure.
For one, if you never liked the Chris Wood signing , then I’ve got some bad news for you: It’s very likely Newcastle will be offering Wood a contract extension.Getting Wood to sign a new contract next January lets Newcastle free up space on their annual expenses.
Newcastle FFP expenses on Chris Wood have been nearly cut in half, just by offering him a one-year contract extension at the right place and right time. Clearly, this isn’t how real money works. But welcome to the world of profit and loss. The question for Newcastle is whether their latest legal recruit, John Devine, can find a way to make Newcastle United’s growth as a club a matter of business beyond sporting rules, in the same way Bosman did back in 1995. Meanwhile, Devine’s office will be right next to Dan Ashworth, who’ll already have his hands full with how to measure the current crop of Newcastle players.
How far you push that can either keep the squad balance on a delicate, razor-sharp competitive line… or push it too far into squad divisions. For me, the easy extension to make is Joe Willock. This is different to the kind of staged payments you could look to make in the FFP world, mainly through loan-to-buy deals.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The new Black Panther poster is giving me serious chillsThe design plays with the big question on everyone's minds.
Read more »
Newcastle team v Nottingham Forest - This now looks set to be the starting elevenNewcastle team v Nottingham Forest - This now looks set to be the starting eleven nufc
Read more »
We played D&D in Tabletop Simulator and it worked surprisingly wellI didn't want to just find the most efficient way to play D&D online, but to really emulate a tabletop session.
Read more »
Definitely don't want Newcastle United to be another EvertonWe should all be very careful, definitely don't want Newcastle United to be another Everton.
Read more »