English Premier League 2021/2022

[Il Drago]

Premier League clubs ban owner-funded sponsors scuppering potential Newcastle deal​

Newcastle and Man City voted against the new rule but the 'FFP loophole' which allows owners to funnel money into the club was closed

Premier League clubs have voted through a ban on owner-funded sponsors to scupper a potential new deal being lined up by the Saudi regime at Newcastle.

Only Newcastle and Manchester City - who are sponsored by an Abu Dhabi-owned airline - declined to vote through a new rule stopping such commercial arrangements.
Hostility among rivals to the Newcastle United takeover was underlined by the vote, but anger over the potential involvement of owners funnelling money into the club via sponsorship as part of an FFP loophole has been growing for years.

At the emergency meeting of 20 clubs, Newcastle's incumbent managing director Lee Charnley is said to have argued the rule change was anti-competitive and potentially unlawful.

However, the rule change was eventually waved through 18 votes from other executives in favour of the clampdown. It had been widely expected Newcastle would follow Manchester City's path in taking on a lucrative new shirt sponsorship deal linked to their new billionaire owners.

Since being bought by Abu Dhabi’s Sheikh Mansour in 2008, City has amassed sponsorships from companies linked to the emirate with Etihad Airways having the naming rights to the stadium and appearing on team jerseys. City has insisted they are paying fair market value rather than inflated fees for sponsorship to provide revenue to allow the club to comply with financial regulations.

Premier League rivals were worried Newcastle would use friendly sponsorship deals with related parties to help it comply with financial fair play rules that are in place to prevent rich clubs from spending unchecked. Under league rules, clubs are allowed to make losses of 105 million pounds ($144 million) over a rolling three-year period.

It is unclear what the vote now means for City and its sponsors, but sources confirmed Newcastle are now immediately barred from bringing in any sponsorship linked to Saudi's Public Investment Fund. A league working group is working on new longer-term regulations.

Given the Newcastle owners had provided "legally-binding assurances" of no state interference at Newcastle, it remains to be seen whether the league would deem any company funded by the Saudi state as being associated to PIF.

 

[Sawyer]

Premier League clubs ban owner-funded sponsors scuppering potential Newcastle deal​

Newcastle and Man City voted against the new rule but the 'FFP loophole' which allows owners to funnel money into the club was closed

Premier League clubs have voted through a ban on owner-funded sponsors to scupper a potential new deal being lined up by the Saudi regime at Newcastle.

Only Newcastle and Manchester City - who are sponsored by an Abu Dhabi-owned airline - declined to vote through a new rule stopping such commercial arrangements.
Hostility among rivals to the Newcastle United takeover was underlined by the vote, but anger over the potential involvement of owners funnelling money into the club via sponsorship as part of an FFP loophole has been growing for years.

At the emergency meeting of 20 clubs, Newcastle's incumbent managing director Lee Charnley is said to have argued the rule change was anti-competitive and potentially unlawful.

However, the rule change was eventually waved through 18 votes from other executives in favour of the clampdown. It had been widely expected Newcastle would follow Manchester City's path in taking on a lucrative new shirt sponsorship deal linked to their new billionaire owners.

Since being bought by Abu Dhabi’s Sheikh Mansour in 2008, City has amassed sponsorships from companies linked to the emirate with Etihad Airways having the naming rights to the stadium and appearing on team jerseys. City has insisted they are paying fair market value rather than inflated fees for sponsorship to provide revenue to allow the club to comply with financial regulations.

Premier League rivals were worried Newcastle would use friendly sponsorship deals with related parties to help it comply with financial fair play rules that are in place to prevent rich clubs from spending unchecked. Under league rules, clubs are allowed to make losses of 105 million pounds ($144 million) over a rolling three-year period.

It is unclear what the vote now means for City and its sponsors, but sources confirmed Newcastle are now immediately barred from bringing in any sponsorship linked to Saudi's Public Investment Fund. A league working group is working on new longer-term regulations.

Given the Newcastle owners had provided "legally-binding assurances" of no state interference at Newcastle, it remains to be seen whether the league would deem any company funded by the Saudi state as being associated to PIF.

Was about to post this, followed with iteration of the racist fucks.. absolutely clueless.

 

[Ethor]

Interesting side note on this, City abstained on the vote

 

[thatdude]

Premier League clubs ban owner-funded sponsors scuppering potential Newcastle deal​

Newcastle and Man City voted against the new rule but the 'FFP loophole' which allows owners to funnel money into the club was closed

Premier League clubs have voted through a ban on owner-funded sponsors to scupper a potential new deal being lined up by the Saudi regime at Newcastle.

Only Newcastle and Manchester City - who are sponsored by an Abu Dhabi-owned airline - declined to vote through a new rule stopping such commercial arrangements.
Hostility among rivals to the Newcastle United takeover was underlined by the vote, but anger over the potential involvement of owners funnelling money into the club via sponsorship as part of an FFP loophole has been growing for years.

At the emergency meeting of 20 clubs, Newcastle's incumbent managing director Lee Charnley is said to have argued the rule change was anti-competitive and potentially unlawful.

However, the rule change was eventually waved through 18 votes from other executives in favour of the clampdown. It had been widely expected Newcastle would follow Manchester City's path in taking on a lucrative new shirt sponsorship deal linked to their new billionaire owners.

Since being bought by Abu Dhabi’s Sheikh Mansour in 2008, City has amassed sponsorships from companies linked to the emirate with Etihad Airways having the naming rights to the stadium and appearing on team jerseys. City has insisted they are paying fair market value rather than inflated fees for sponsorship to provide revenue to allow the club to comply with financial regulations.

Premier League rivals were worried Newcastle would use friendly sponsorship deals with related parties to help it comply with financial fair play rules that are in place to prevent rich clubs from spending unchecked. Under league rules, clubs are allowed to make losses of 105 million pounds ($144 million) over a rolling three-year period.

It is unclear what the vote now means for City and its sponsors, but sources confirmed Newcastle are now immediately barred from bringing in any sponsorship linked to Saudi's Public Investment Fund. A league working group is working on new longer-term regulations.

Given the Newcastle owners had provided "legally-binding assurances" of no state interference at Newcastle, it remains to be seen whether the league would deem any company funded by the Saudi state as being associated to PIF.

If we got bought by PIF I’m sure Serie A would do something similar just because it’s Inter.

 

[Ethor]

Steve Bruce is out as coach at Newcastle by mutual consent today. Lampard is a possible replacement.

 

[Sawyer]

Steve Bruce is out as coach at Newcastle by mutual consent today. Lampard is a possible replacement.

Fonseca is the favourite currently to replace him.

 

[wera]

Bruce said this is it, he's not coming back to football.

 

[Fapuccino]

Premier League clubs ban owner-funded sponsors scuppering potential Newcastle deal​

Newcastle and Man City voted against the new rule but the 'FFP loophole' which allows owners to funnel money into the club was closed

Premier League clubs have voted through a ban on owner-funded sponsors to scupper a potential new deal being lined up by the Saudi regime at Newcastle.

Only Newcastle and Manchester City - who are sponsored by an Abu Dhabi-owned airline - declined to vote through a new rule stopping such commercial arrangements.
Hostility among rivals to the Newcastle United takeover was underlined by the vote, but anger over the potential involvement of owners funnelling money into the club via sponsorship as part of an FFP loophole has been growing for years.

At the emergency meeting of 20 clubs, Newcastle's incumbent managing director Lee Charnley is said to have argued the rule change was anti-competitive and potentially unlawful.

However, the rule change was eventually waved through 18 votes from other executives in favour of the clampdown. It had been widely expected Newcastle would follow Manchester City's path in taking on a lucrative new shirt sponsorship deal linked to their new billionaire owners.

Since being bought by Abu Dhabi’s Sheikh Mansour in 2008, City has amassed sponsorships from companies linked to the emirate with Etihad Airways having the naming rights to the stadium and appearing on team jerseys. City has insisted they are paying fair market value rather than inflated fees for sponsorship to provide revenue to allow the club to comply with financial regulations.

Premier League rivals were worried Newcastle would use friendly sponsorship deals with related parties to help it comply with financial fair play rules that are in place to prevent rich clubs from spending unchecked. Under league rules, clubs are allowed to make losses of 105 million pounds ($144 million) over a rolling three-year period.

It is unclear what the vote now means for City and its sponsors, but sources confirmed Newcastle are now immediately barred from bringing in any sponsorship linked to Saudi's Public Investment Fund. A league working group is working on new longer-term regulations.

Given the Newcastle owners had provided "legally-binding assurances" of no state interference at Newcastle, it remains to be seen whether the league would deem any company funded by the Saudi state as being associated to PIF.

Fucking beautiful. These clubs have laughed in the face of FFP, and this should be implemented for all UEFA clubs.

 

[Tamirk]

Liverpool lead 3-0 at old trafford before the half time...
So pathetic display from man utd...

 

[NimAraya]

0-3 to Liverpool! Wtf happened?

 

[Tamirk]

4-0 loool

 

[forzainter257]

CR7 went apeshit a la Pepe. Red card if you ask me

 

[NimAraya]

0-4

Total humiliation!

 

[Jnr]

Conte is ready for ManU. But Im not sure if Wan Bissaka and Shaw are.

 

[wera]

If this doesn't finish Ole, I don't know what will.

 

[Tamirk]

5-0!!!

 

[Verathia]

The disallowed goal from CR7! It's too good to be true!

 

[Kev9Inter]

Pogba sent off

 

[Tamirk]

Everything going so freaking wrong for unt, im so happy!
Farca lost and those fuckers also, if we win, it will be fucking perfect!

 

[Glass box]

If this doesn't finish Ole, I don't know what will.

1-6 loss to Tottenham?

oh wait...