I've read that article Rob, sounds a good alternative to get us up to the level of the so called top 6 without risking penalties like relegation or a serious points deduction. Lets hope it happens mate 🙏🙏🖤🤍🖤🤍

I think it's more a case that City as well as others are in the League's sights now. Was fine when only 'minnows' were being affected by penalties but now the big boys are targets too it's a whole different ball game. The reasoning behind PSR was always suspicious anyway but when it prevents teams who can afford to pay from even keeping players it's ridiculous.

Personally no to the luxury tax, just scrap FFP if teams overspend and go under as a club so what, let them go under. These are simple business economics always has been always will be. This is just a way to make those making silly rules rich, FFP was never to protect clubs, it was always there to make those at the top rich.

Any team who broke financial regulations, Forest, Leicester, Everton, Man City still broke those regs under the time of that ruling so I don't see how any of them, especially City can get away with it under a new ruling that didn't exist at the time of their dodgy dealings

FFP is fine to cover wages and bonuses, future loan repayments etc. An owner should be able to bank roll transfer fees outside of those rules, as long as wages are covered.

The Daily fail is called that for a reason. Jackanory tells more truths than those hacks.

Only issue is, teams competing in Europe would still have to comply with UEFA’s FFP rules, which limit club’s spending on wages, transfers and agent fees to 70 percent of the overall club revenue, so it would help us in the Premier league, but we'd be knackered for Europe.

If you have it spend it simples! Never heard of ffp or prs until we were taken over 🤔

اشعر ان الان بدا مشروع نيوكاسل بالفعل هيا بنا الى البطولات نيوكاسل

Football only business where an owner cannot spend what they want on said business! Absolutely ridiculous that it’s dictated by PL/EUFA!

I hope Newcastle United spend on top players in the summer transfer market

warmer and nicer weather there ,well here its a blizzard

Fingers crossed Rob!

if that's true, that's huge

I think there are plenty of good reasons why FFP isn't fair between clubs (established can spend more and maintain positions) but I love robs point regarding fans losing seats to corporate seats etc. Spot on and there needs to be a better solution that puts fans at the heart of decision making. I doubt it will be the regulatory body though....

Idea 2: If a club wants to spend over their preseason set budget then they must: The full value of a Player Contract over a 5 year rolling period (ie a 7 year contract, instead of being £0 after 6th & 7th year would continue to be accounted for) is put in full in to an account the day the deal is signed; like wise a structured transfer payment; so should the worst happen; those transfers are paid for and the salaries are covered for a five year period; again no debt on the club; no hung by wages you can’t get off the books 3:15 Or something like those??? 3:15

Need to hear more details. Depends where that money goes. If it goes to lower leagues or grassroots football then it's ok. I don't think it will have any impact on reducing clubs (including Newcastle) looking at every possible way to increase their revenue.

Can’t see how this fits into uefa rules, so if premier league allow more spend, don’t comply with uefa rules then banned from Uefa competitions

Three thoughts on this. 1. The thing I care most of all about is that Man City get punished. If this is a way to avoid that then a big no!! 2. I don’t want to just be like the other top 6 - the ones we criticise- and just buy our way to glory. I feel that would feel a bit empty in the end. 3. If the money from fines is distributed between teams that didn’t get fined then the whole idea suddenly becomes a lot lot interesting and attractive. It goes some way to offsetting the imbalances.

If this comes in it’s definitely going to make the richer clubs happier Robbo

It's bollocks mate. I'm a Everton supporter with most my family coming from Newcastle. It is totally why they would introduce the tax and not a points deduction. It's all corruption.

Sounds great especially with us having a mega rich owner however don’t forget we also have to take into consideration it’s also Jamie ruebans and Amanda’s money 😂

Luxury tax won’t be retrospective. City and Chewsi will still have to take the consequence. I reckon stopping clubs bankrupting themselves is a great idea. But you’re spot on about having a level playing field. The top six have essentially pulled the ladder up after them in terms of the elite footballer market. I particularly think the idea around not having to pimp out the stadium to corporate buyers is a good one. We’ll need a different government to get that through, though.

Ive said this before, my view on it was that, any club that pays over a certain amount like £50m say, has to pay a tax ontop that gets filtered down the football leagues, with no puninshment on the clubs spending on transfers. Also, football is the only business i know of in the world that you can own a business and aren't allowed to invest your own money in to it.

LET US SPEND 😂

My idea(s): Whatever they spend over their preseason determined budget x 5 times that goes into a rolling 5 year escrow account (an account the owners can’t take money out of) then should they leave and a knew buyer not be able to cover those higher costs the club have access to 5 years of money covering the over spend; meaning the club won’t be thrown in to massive dept or hung by massive wages. It gives a club 5 years to get their numbers straight under new owners or similar eg fan buy out?

I bet that Man City case speeds up if passed

"they could of selled" 😂 great english there rob mate 🤣🤣

This has definitely come about due to Man City's 115 charges and a way not to embarrass them and the FA itself. If these new rules come into effect us and Man City are the main beneficiaries no doubt and the shackles holding our mega wealthy owners will come off. Very exciting and I hope it happens 🤞🏻

Get big MO on the blower tell him we need his bank details... Were going on a spending spree 🤞🤞

The Man utd investment is the trigger IMO not the city charges

It would be good if luxury tax was paid to grass roots and schools football (state schools!!)

I keep saying this is all well and good but you still have to adhere to UEFA rules unless people leave for the new ESL

Ask pif if they will pay for the re-pointing on the wall behind ya rob. 😊

The tax goes to the teams that have 'comply' and EFL because the prem do not want to fund them anymore

Who is actually talking about a luxury tax and what would be the point in it? We'd still have to comply with UEFAs rules regarding P&S rules to be able to compete in their competitions!! What needs to happen is to get rid of the rules that stop owners sponsoring their own clubs.

FFP was brought in to stop teams spending more than they earn, this was to stop clubs buying themselves into oblivion, but now they can spend what they haven’t got, then be fined for it? Which means they lose even more money? Also what will this mean with UEFA and their rules. But as long as the premier league has clubs putting millions from fines into their bank balance it will be fine.

if we over spend, paid all taxes.. and we enter europe.. surely we will still break uefa ffp rules right?

I think its next June so I've been told

It can’t be retro fitted to save previous rule breaks 4:08

Still wish for a proper academy and loyalty to the club and region

The luxury tax should go back in to lower leagues. Maybe smaller Premiership clubs that don't have the revenue.

This makes sense as essentially FSR/FFP will obstruct EPL teams getting top global players who will go elsewhere

FFP was always about making sure teams like us and I hate to say it Villa, stay below the "Big Six". But now, FFP could bite the biggest member of the "Big Six" they have to protect their largest commodity. Protect City from fatal punishments and bring in a punishment which is the equivalent to a slap on the wrist. but who cares, FFP changes and it benefits us now so I'll take this favouritism with a smile.

Listen to what you are saying! It sounds absolutely like an april fools. Spend all you want and just pay a penalty and just keep buying? That is practically removing FFP for the clubs who have the money.

Add another 100m net on what ever we have to spend this summer, but we lose 6 points, yes

umm soo what you are saying the big teams will be raiding Brighton for the next 2 or 3 years :(

Who doesn’t wanna see the best players in the world in prem no matter what club they are at! Scary how much money is in football these days worrying where it’s gonna go from here and who will be to afford to go or even buy clubs in the future

About time this inconsistent nonsense was abolished. The Premier League have been behaving like playground bullies in slapping points deductions on Everton and Forest whilst doing sweet FA to Man City and Chelsea. No surprise there. Reckon they didn't much fancy taking on Man City and Chelsea's army of elite lawyers, do you? In reality you are never going to have a level playing field but the clubs outside the top 6 should be allowed to catch up. Otherwise the top 6 might as well be in that European Super League as they will be so far out of reach for the rest. Time for us to flex our financial muscles and put the fear of God in Man City and the like. Bring it on!

When FFP was brought in it was with the best intentions but it just doesn’t work we do need something else

If this is true, screw the rules! I say, spend big. Give the top 6 a nightmare. That will teach them to look down on us. Buy a whole new team, let go of some of the dead weight and make up the fine by winning a trophy. That will make them think twice

All of the fines should go grassroots football, that way less teams will go broke and we can build the foundation of football

Luxury tax should be used to subsidise ticket prices in the PL

Call me cynical but funny how this is happening before Man City and Chelsea have had their 100’s of outstanding FFP breaches dealt with…

Do ittttt

I think the owners would spend the money. They didn’t buy us for the fun of it

Let’s not forget this luxury tax will go straight to the premier league so they will love that

But wouldn't this rule change let City off the hook for their 115 charges?

I think since the players realised could not buy whoever they have gone down hill. Longstaff burn miggy wilock Murphy all been back to old self’s shame really

So who gets the fine

Seems like it is been done to simply get city off with relegation

FINGERS X

Don't mind paying £, richest owners and we shouldn't have to sell players let alone be restricted from buying

Mike Keegan made a follow-up tweet saying point deduction is still considered to be used as penalty.

This hasn’t dated well! 🙂😉

Read the athletic this luxury tax is rubbish

Allow Man City to get away with everything they've done for the benefit of a good window? No thanks. Rather wait a few years and be where we're supposed to. No impatience here, I saw the Ashley era, seems a lot of you didn't.

We can’t afford to lose Bruno & Isak from our team! 🖤🤍