Simon Jordan & Finance Expert Kieran Maguire REACT To Premier League Spending Cap 👀 | talkSPORT
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- čas přidán 29. 04. 2024
- talkSPORT's Simon Jordan reacts with finance expert Kieran Maguire to the news that Premier League clubs have voted in favour of developing plans to introduce a spending cap.
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#simonjordan - Sport
Love the way Jim just nods his head when he hasn’t got a scooby what the geezers either side of him are talking about 😊
Like someone's nan who can't hear the conversation properly at the dinner table but is still happy to be there.
Then tries to summarise what’s being said and gets it completely wrong 😂
And then still thinks he needs to have an opinion on it in future shows despite not having a clue
Clubs shouldn’t be paying for agents. Players should pay the agents. That would help out with the outlandish spending
I follow alot of sports. Never heard of an agent holding a club to ransom and controlling an athletes career over his own financial gains. Allows football to be disgustingly corrupt on a daily basis.
Then players would get paid more to pay the agents 🤦
@@environm3ntalist549 not necessarily, but even if so, Chelsea paid £75m to agents last summer, the amount of wage increase would still be less than that number
@@Shdhd2347 they could negotiate on their own behalf or just hire a lawyer. De bruyne used an analytic firm to help negotiate his contract, not an agent. It’s not true wages would massively increase as a result of it, look in America as an example. Why should clubs pay for people who don’t work for them? The agents work for the player. On an average contract, the agent fees from a player. would be roughly 1 weeks wages. Also, like I mentioned previously, Chelsea’s spending would decrease massively even if they to give the players an extra 1-2 % increase or so. And eliminated the agent payments.
@@Shdhd2347 it wouldn't it would lead to more competitive agent's rates if they have to undercut each other to gain business. If you're charging a fortune a player will drop you for another agent that will get them just as good a deal for less of a fee.
The main concern in all of this is, who is buying Scott McTominay duvet covers!?
😂😂
I do, use it as toilet paper, it works out cheaper
😂😂😂
Ten Hag
Jose Mourinho
If they made agents fees a flat rate like they do in the NFL, that would massively help drive down excessive expenditure.
To be honest, I am in favour of hard caps as well. It's just an endless arms race otherwise that drives inflation down the pyramid. This inevitably puts smaller clubs out of business and causes hardships and administration for others. Simon speaks as football as a pure business, when it clearly isn't as straightforward as that. There are many stakeholders beyond the owners and the players.
The players should be paying the agents like in the nfl, nba, etc.
NFL has no competition.
@@mickeyhynesWhat amount would the hard cap be?
Thinking out aloud. What about if they skim/tax a certain percentage off all PL agent + transfer fees, put in a pot, then equally distribute it amongst 72 EFL clubs? 2% juice say.
Then when they continue to spend big money, smaller clubs get a cut.
EPL go from one disaster to the next, stop interfering with the clubs finances, no one stopped real Madrid spending every year, the galacticos, when the English clubs can now compete,everybody is now up in arms
@pauldowney4280
You really have no shame, do you?
Most deluded fanbase in Europe
@@dstewusa7054Real Madrid was funded and backed by the Spanish state. Till his day they have tailored tax that gives them advantage over other Spanish teams by the local government. That is crazy.
Any acronym in football is just ruining football,,,,, FFP, VAR,
Make Mitre size 5 Great again.......
Kids these days with their soft Nike ballerina slippers and overly bouncy Nike footballs will never know what it's like to get smashed with a mitre on a cold and rainy day on a muddy pitch. Damn shame.
MMs5Ga ?
Not for the team's that are breaking it only for the rest of us clowns 😂
@@Behold__Optic_Blastright on the thigh 10am on cold frosty January Sunday morning - and the gaffer brings on a freezing cold bucket with a "magic sponge" just incase the sting of that frozen ball isn't cold enough 😂good old days
Mitre ball winter and a gravel pitch they where the days
Why aren't there spending caps on TV rights so that more viewers can aford to watch it?
Competition rules, PL is built on tv deals
Finally everyone is realizing FFP was always about protecting the Cartel. They never wanted City in. Unfortunately, City now sits at the head of the Cartel
He said doesn't change anything you spent less than all
It does affect city the most as they have become what they are today through a decade of sportswashing supported by sovereign funds. The fact that Liverpool, spurs both voted in both substantially more popular than man city will ever be in Britain seems like they are willing to play ball? Man utd in massive debt hence had to vote out, city still need sovereign funds to be self sustainable
@@mymemories925City are already self sustainable
Who’s this mysterious cartel ? If the league didn’t want Chelsea or City and even Newcastle they would’ve stopped all three of your letters stay suspect owners from getting approved. The rules have always been loose to allow leverage bouts, oligarchs, and nation states to spend unlimited money , so how does Villa Tottenham Everton Leeds match that kind of spending? Even though they have rich individual owners.
@pelseynzenze8415 FFP was triggered by Chelsea the minute Shevchenko left AC Milan to join them in 2006... That's when Serie A started screaming... Note that AC Milan and Inter Milan have different owners since 2007/FFP screams, whereas the Elkann/Agnelli dynasty still own Juventus.
Barcelona and Real Madrid only started screaming after the Spanish league clamped down on La Liga clubs' spending.
In short, Chelsea triggered FFP when they upset Serie A, and Serie A pulled Barcelona and Madrid only after La Liga clamped down on them.
No one on top wants to level the playing field. They want small clubs to stay small. They do t want anyone challenging their spot.
This is Execellent, it adds much needed parity to a sport with very little.
There are 3 types of club in the premier league - those who are global brands, those who are trying to become a global brand, and those who’s ambitions will never extend that far because they just don’t have the visibility and size to ever do it. The final group are those to whom TV money is the most important. If theyre capping spending to a multiple of TV money when bigger clubs have other revenue streams, you are creating a perfect impetus for a super league once again.
Do you even understand what the super league was?
It was never to replace the prem. But to replace the champions league.
And yet the smallest clubs get the same share of TV revenues as the largest, despite the biggest 6 clubs generating about 80% of those revenues yet the smaller clubs complain that the current spending is unfair. It's not fair when you yourself are spending money that you didn't generate yet complaining about teams spending money that they actually did generate.
@@tazzatamaniaa stronger bottom means a stronger league and therefore a stronger top
@@40yearoldvirgil15 don't disagree but there's hypocrisy all over this league. This change mostly benefits teams that are below the spending cap but with rich owners, the other, more creative teams, will carry on under declaring their spending. Newcastle must be laughing their heads off at this.
sounds like you've completely missed the point on this one. How does capping spending to let's say £500m negatively affect the bottom clubs in the league? It's literally going to be the same cap for all the clubs mate. It's a multiple of the broadcast revenue of the club that finished last the season before. Squad cost control will limit the smaller clubs spendin, not the anchoring.
I love that Simon has emphasized that FFP is a protection racket. It's always been that, and the so called "big" clubs have leveraged it to their advantage at the cost of everyone else. It's disgusting.
Get back to having no rules about club finances.
Ain’t going to happen
Everton raise two fingers as they break rules and survive, Leicester raise another two as their over spend has meant they had a stronger squad and ran away with The Championship.
Simon kicked the other finance guy off the show for showing him up too much😂
@2:40 SImon Jordan misinforms the public - La Liga does not have a hard cap like what is proposed here by the PL - La Liga allows Real Madrid to spend more than Barca based on calculations similar to PSR.
Simon is always ill informed its frustrating.
If clubs dont spend money they can afford to spend, the money will just go to the owners, there wont be a decrease in ticket prices or investment in the local area
I genuinely was so confused it wasn't martin o'neil in the thumbnail
wouldn't it be easier if a owner was allowed to spend what ever they wanted as long as they could cover the spending and it wasn't leveraged against the club ? so if someone wanted to spend 500 mil of their own money that would be fine as long as it's not linked to the club and only came out of their pockets ?
Well the Arabs are about, clubs not owned by them are scared
We had the and loads of clubs went into administration. Because owners might start out spending big then realise it's not working and leave the club high and dry.
Reading a recent example.
Super League is inevitable. Florentino Perez was right.😂😂😂😂
Hope so but I hope they stay there,sick of the obsession over top 6 , it's boring and it's not entertaining
It will be for the rest of Europe, the English teams are not allowed now cause it has an ‘independent body’ governing it….
People this are not even involved in football
It’s absolutely ridiculous but this is what fans wanted….
No, it's not inevitable. The fans won't buy it - who the phuck can afford to fly to Milan and Madrid and Munich every other week ? Zero away support.....the boredom of the same clubs - and frankly, there can only be ONE winner of a 'Super League' - will Madrid etc be happy being Champions every 4th year instead of 3 out of 4 ? No they won't.
@@rjw4762 tv money will pay for it
Yep and the sooner these big clubs F off the better
It's killing football especially Premier league.
he said before a GOLF BALL IS KICKED i give up !
Villa's owners are very wealthy, close to the wealthiest that isn't state owned, and want to spend to push on from this fantastic season. Makes total sense why they opposed it.
@FlipFinderztrue! The only team affected is man City as the sheikh still funds many of the off the books deals😂
No he does nt
@@mymemories925what's the evidence?
@FlipFinderz we do, until the time comes if they say otherwise
@FlipFinderz let's face it. You, like me, know 4k all, let's see what happens when it comes out. Even if we're found not guilty, we'll always be guilty in your eyes.
Excellent conversation here - well done all 3 panelists for breaking down this and going into the details. I don't know what I think about it all, still though...! 😂
Isn't it obvious? Capping how much you spend means, you can drive wages and transfers deals DOWN, that's all around gain if if it's agreed by the club. PFA should reject it and challenge it in court.
So typical. Villa finally looking like achieving champions league football and now the prem are trying to stifle them as it doesn't fit with their "big 6" agenda.
By allowing them to spend MORE MONEY! Yeah that sounds right!!
@@ddmkthfc8555 Don't comment if you don't understand which you clearly don't. We voted against it.
They changed the stoppage time rules because of Villa last season too. Really gets your noggin joggin'.
It won't affect villa until they grow their revenue high enough. Squad cost control measures will still limit their spending to 85% of revenue. Last financial year they made £250m. with UCL next season let's say it would be around £300m. They would still be limited to spending £255m which is well under whatever the spending cap would be.
That's without Europe. It will be 70% or £210 with UEFA's squad cost control measures.
If your club is current NOT generating the cap revenue, then you are on a winner (at the moment)
The Premier league has spent the past few years trying to prevent Newcastle United from catching the top 6 and in the process shafted the other clubs in the league and now its time for a bit of karma
Keep PSI.
Make the clubs sweat and thus deflating transfer fees and wages.
The rules should have teeth though and points deductions have certainly made teams sit up and notice.
Still waiting on club 115
@@mymemories925still waiting for the evidence.
@@mymemories925 Oh their day will come.
Owners want to reduce uncertainty then they should get out of the sporting business because the uncertainty is why it is popular.
@@markbertolone6052 Those who dares wins or more importantly, those who have cash to launder invest in football clubs.
Southampton got 103 million for finishing last 😂😂😂 wtf
There is a reason why the EPL is the best league in the world.
Thanks to Rupert Murdoch. Another Aussie who changed sport. Kerry Packer revolutionised cricket and Murdoch changed football.....before he grabbed a Green Card
It's this equitable, compared to other leagues, sharing of TV money that makes the PL the most competitive league.
The TV money is split evenly. It's not difficult.
Just start the super league already
It will come I think, good or bad.....with no German clubs due to their ownership rules meaning they will never get the support
Love the way Simon is totally concentrated on what he’s saying, if you have Simon’s attention in this way you have bloodwell earned it. Respect.
Simon face when he said the name Steve parish 😄😄😄 his blood was boiling
It seems Florentino Perez and Laporta secret plan is working 😂
Spainsh teams have the same
0:12: 📉 Premier League clubs consider capping spending based on TV money received by bottom club, facing objections from top clubs.
3:19: 📉 Discussion on potential Premier League spending cap and its impact on clubs and competition.
6:39: 📉 Discussion on financial regulations in football and their impact on clubs' spending in the Premier League.
9:57: 📊 Discussion on new Premier League spending regulations and their impact on clubs' financial management.
13:17: 📊 Analysis of potential impact of Premier League spending cap on clubs and Super League prospects.
16:42: 📉 Discussion on PFA's role in potential Premier League spending cap and player wages.
19:57: 📊 Discussion on funding of PFA, players' financial education, and the Premier League spending cap.
22:45: 📰 Discussion on Premier League spending cap, impact on clubs, and views on Super Six proposal.
25:59: ⚽ Leicester City's financial rules compliance upon joining Premier League and EFL, potential repercussions, and implications.
Recap by Tammy AI
Just allow clubs to spend what they want, none of them are going under.
If the European clubs cant keep up then they need to look at their own product.
What? In that case Newcastle will win for the next 20 years.
Not read the news about everton?
@@lilbaz8073 Did the punishment fit the crime? Or did they get off easy to protect City when their time ever comes
@@toddhellyar4167 read the news today. Everton have called in insolvency experts.
They might go into administration.
Nothing to do with the pl, big 6 or citys charges.
Scott McTominay duvet covers 😂
Dunno about that but I love my Djemba Djemba waifu pillow 🤣🤣🤣
18:52 - Simon having a good'ol pick and sniff...
It makes no sense to only base it on Premier league income because some teams gain revenue money for being in European competitions also.
Were you not listening?
The amount of broadcasting revenue all of the oter clubs make is irrelevant. Every club will have the same spending cap that's limited by a multiple of the bottom club's revenue.
How about you say the top club expenditures amount can be matched by the rest of the clubs as long as the owners don’t leverage the money spent against the club unless the clubs income covers those expenses. This does not include stadium upgrades. That should be separate.
It's important not to lose the Clubs that increase Global appeal, Serie A miserably broke down because Ac Milan, Juve and Inter Milan stopped being a Global Force...
If The Prem Loses Manchester United and Manchester City to something like the Super League that would hurt it's TV income...
Contrary to what people believe Manchester City has more Global fans than Liverpool currently just go to Africa one the biggest Premier League Markets.
Liverpool never really had any grip there so it was easy for Man City to capture new fans and they continue to increase in Asia and South America.
I’ll have some of what you’ve been smoking 😂
@@gerrardrocks07Man City have gained huge followers in Africa
Yes but how many of those are loyal fans? How many of those fans abroad like city posts but actually support more than one club? These are not revenue drivers? they just look good for man City social media coverage? Did you know man City sell less merchandise than spurs, are substantially less popular than spurs in Britain and that west ham has substantially more fans than man City in Britain? You need to have a fanbase to rival the top 4 teams not the top 6! Hence city are not as big as you think! Come to England, wales, Scotland Ireland you will realise man City is just big amongst many others? Finally only 5% of the man City social media fanbase are loyal brits!
@@samuelkoomson6017and Korea and Japan. Had way more fans than Bayern and Atletti
@@mymemories925who cares? How many of Barca and Reals fans during the Messi and Ronaldo years were loyal? Utd with Beckham? Why do youncare about global fans? It's utterly meaningless. City coukd literaly have 0 fans and it wouldn't change anything. Sponsors aren't selling stuff to fans of 1 club. Utd's pot noodle partner isn't selling them to Utd fans. They're using Utd's televised games to sell the product to everyone watching the game. It's the 2m people or whatever watching the game t care about. Not who's a die hard Utd fan. Thier target is the casual fan, because they're more of them.
Spending cap is daft.
Football clubs should take responsibility for their spending decisions.
If a club wants to spend 300k a week on an alcoholic wannabe politician, then let them.
Scared to see Prem lose their FAKE top spot
isnt a cap thats the issue in tat sense, if they have it sure, spend it how they want but if they dont, then they cant is what a cap should be about
@@PazLeBon you remove responsibility though. If they go bust then so be it.
@@eL--RaLthe spiks will never get top spot!
Typical let’s call out the black player
Is it just me who thought early premier league days were the peak of football? No VAR, no FFP controversial ref decisions were discussed and left alone before the next game, pundits were actually pundits not ex players fan boying their club, and we even used to have fan zone 😢 game is gone
Bloody hell, all these massive teams bickering over their masses of millions and having the maximum to spend. Meanwhile, the FA is fining and docking points of the much smaller teams for issues with financial fair play. Seems a bit off...
Ruining the game. Let the free market decide, that's what's made the Premier League what it is.
If Newcastle get new owners let them spend it, if they go bust let them.
As football fans we don't just think of success as winning trophies, so leave our game alone.
With the finances in the Prem, we should be dominating Europe like we did mid 70's to mid 80's. That was simply with good managers & home grown players, not blank cheque books, agents & mercenaries.
They should salary cao and make the players pay the agent fees at the end of the day the agent is emoloyed by the player. Svoyld of been done ages ago thisnis laughabke by th PL
Simon flip flopping. No team in the prem have struggled with overspending?
Portsmouth, leeds, sunderland even liverpool got seized by the banks.
Everton today look like they are in massive financial trouble. Which has nothing to do with any points deductions.
Liverpool got in trouble for something completely different,
presumably the clubs can revalue their players upwards as well as down, do those wooden dollars go to P&L too....if so, it is a complete farce
when will 115 fc get done ffs
I can't be the only person who thought this was martin O'Neill in the thumbnail
You sure that's not Martin O'Neil on the right speaking in an English accent
It's his brother Martin O'Stand
This kieran guy seems to trying to frame it that its protecting big 6 and nothing will change, and when simon pointed out chelsea, with there amounting wages, player lose values etc would be effected he went quiet.
So these will have a negative effect on the likes of city, united etc?
Yep man City in particular will have to rethink financial strategies but daddy shiekh is always in the background
If Chelsea were being affected surely they would have voted against it
The 85 percent squad cost rule would only apply to Crystal Palace if they got into Europe right?
What happens if TV money drys up??
Might as well call it the SKY PL
Incomprehensible that agents' fees are so heavily included in the discussion?
Teams in the bottom don't require a bigger squad because they don't play in multiple cup competitions, and honestly, there are many club owners who don't like to spend!
Septic six
Surely the owners and share holders should decide what and how they spend their money while taking into account supporters are the main reason for a club to be run professionally and successfully at whatever level.
They can introduce whatever they want. I reckon some teams will still spend with impunity, what do you reckon?
I am surprised how poor the planning is by the PL and solutions that don't seem well researched and checked. Seems very contradictory.
Its still 70% of turnover for United and City just on wages.
I agree with SJ - how many clubs, especially PL clubs, have gone to the wall since say 1888/9? And how many businesses…
Can someone please explain why clubs agreed to cap the amount that's allowed to be invested in teams. I'm kinda confused.
Agent pay is crazy in Europe compared to anywhere else in the world.
People keep saying Newcastle United wanna spend spend spend. As if they plan to spend silly crazy money for players like Chelsea, Man Utd & Man City. After the new ownership took over they made all very very sensible signing, all their signing r benefiting the team
Newcastle could get huge deals but we get denied that aswell so how can we make big incomes when we get stopped
Yes but not withstanding that
Football clubs need to start showing concern for football supporters who are being treated like customers instead of fans of a club.
14:17
400 million pounds wages-result?
mid-table 🤣🤣🤣
Agents work for players and are employed by the players, so how did the clubs get conned into giving any money to agents?
OFC Man Utd and City objected given their revenues and where those revenue streams come from, but there now protected from their revenue they see as a divine guaranteed right being challenged under the current model of FFP, if Man Utd were not in the CL for 5 yrs in a row because someone else can have go , do it better and beat them to it obvs means sponsor money etc will drop so they will never want that risk. the great thing is about this proposed model is any sensible owner can have go one season and if it doesn't go as planned cut back again and not worry they will get a points deduction for having a go one year then missing out. The league will be more competitive and fun and varied and owners will still have to run clubs well to maintain long term success through managing all the commercial stuff and not just taking for granted money coming in. Simon is bang on the current model has delivered what the top clubs wanted - a free pass and easy ride to win and generate money.
why does Kieran look like a younger version of Martin O'Neill?!
I have checked it, based on last year figure, Manchester City will be able to spend just £600m in transfers, wages and agency fees
4x the revenue of the smallest in the prem. Sheff utd estimated to be £105m.
So £420m.
@@lilbaz8073 Dude wage bill was big last season because of the treble..
They don't spend what they declare that they spend now. What makes you think that they will actually honestly declare their true spending in the future?
@tazzatamania that's not true, its impossible to lie about what u spend coz that would mean the club u bought from would have to lie too. So you've not thought that thru have u ? 😂
@drubry1854 Crazy right? People just talk bs without thinking.. Dortmund and City lied about Haalands price, City and Chelsea lied about Kova price, City and Wolves lied about Nunes price, and City and Leipzig lied about Gvardiol price.. Crazy thinking
why go with the bottom club, why not just have a set amount every year??
So I guess newly promoted clubs are really going to struggle to compete going forward.
Finally Jordan tells the truth, FFP was brought in to stop Man City, we all know it & now the rest of the league is witnessing it to, the whole league is so corrupt just like FIFA.. Cmon City 🏆🏆🏆
Scott McTominay duvet covers? Marcus Rashford toilet paper and i might consider it.
Jim White hasn't a clue what they're on about
For once in a LONG time I agree with Simon.
Simon, you and everyone else seem to have forgotten that Chelsea's wage bill this season and going forward is far lower than the 350m or so a season from last season.
Why would the clubs vote in something that would handicap themselves still. If what he is saying the anchoring proposal means nothing unless 70 percent of your revenue is higher than the anchoring camp so 90 percent of the teams it won't matter too keeps the cartel in place still. Seems strange
Well if Liverpool, spurs,west ham etc all way more popular than man city in Britain agreed then im with those clubs not the ones a record number of charges never seen in the history of football.
Because they care about profits and racism. Racism is why they voted against thier own interests with FFP. Lfc want it because they care about profits.
Follow the logic. If it's only the biggest teams that will have to cut their spending....
Therefore it reduces the gap from big to small. It will only cut spending for the "cartel" hence utd and city voting against and city abstaining.
@@mymemories925popularity or money doesn't win games. Liverpool have 5x popularity and squad over Palace but didn't beat them. Crossing merchants
We just need to make sure the likes of us and Villa can constantly finish in the top 4 and make some of these big 6 have less and less power .. i just pray we dont become the greedy bastards like the current top 6
Wait @5:00 Gary Neville says it cannot be true - no way City generate more commercial revenue than Utd. Did this guy just contradict Gary Neville?
i thought it also included commercial revenue
Man City was always inflated
@@mymemories925 I'm not querying individual teams, I just thought the spend cap included TV revenue and commercial revenue
The Premiere League have agreed to think about setting up a meeting to talk about the possibility of a salary cap being considered
Man City didn’t vote at all why didn’t they mention that
So this gives broadcasters the most power in football as they control the tv money?
They created the value (Murdoch).....so they will get their way
Kieran is great and his podcast the price of football. He always tells it as it is, and takes it from a fans perspective
This is bad news for my club Villa tbh ..
We don't want pay to win mate trust me
Doesn't make any difference to Villa. Now you're in Europe you have to comply with UEFA's more restrictive 70% rule. Meet the UEFA regs and you absolutely fly through the PL regs.
Newcastle would’ve won the quadruple if it wasn’t for Richard masters
Simon Jordan love what he says
As a Newcastle supporter this is great news it will allow us to compete
It wont make a difference to what you can spend
@creepingbrain it will and it will limit city & man u etc hense why they have voted against it, it will squeeze the gap
Exactly mate. The fact Man U and City both voted against it tells me everything I need to know. Love how they're terrified by the prospect of a dominant Newcastle United. 😆 Howay the lads!
@@johnbowles5399the likes of Liverpool and Arsenal created ffp to deny the rest..lol
So now FFP is about pulling up the draw bridge? How could so many not see that from the beginning?! 😆
They keep basing the rules on club income which is THE WRONG WAY TO DO IT! Just because you have a lot of plastic fans or you abuse loopholes or simply just cheat to get insane "sponsorship deals" should not allow you to spend three or four times that of another club.
If I was in charge of any of those leagues, I would be relaxing financial controls enough to allow big names in. English football had a 30/40 year advantage with the popularity of Liverpool and United and a combination of cultural appreciations.
But football fandom is changing now. People increasingly follow players, not clubs. If the PL is stupid enough to lose out on the next generation of top players to other leagues because of unnecessary financial control, there may be a price to pay in the longer term, especially with the cultural appreciations dwindling.
Tebas, for example, may be a ****, but I don't think he is stupid.
The Manchester United rules. I wish someone would balls up and say it. If you didn’t protect them that team would be a mid table team at best. They are terrified if they Wild West the deal Newcastle would buy a team that would look like Manchester United in the early days of the PL.
Interventionist economics is disgusting.
You all do realize that this spending cap will limit EPL's ability to compete with La Liga and other leagues right?
Burnley owners should sponsor themselves for 300m like man city blatantly do. Sponsors linked with ownership shoild be banned
Good
Anchoring is the best solution for competition and more fair than FFP & PSR. If both Luton & Man City are both allowed to spend up to £500M, Luton are more likely to compete than if they were allowed to spend 85% of their small revenue (eg. £100m) and Man City spending 70% of their revenue (eg. £700m)
Man City 700 million revenue still questionable when spurs sell Substantially more merchandise and west ham has substantially more fans in Britain
@mymemories925 ... Spurs 😂😂😂😂😂
@@mymemories925another person that doesn't understand football finances. Shirt sales are almost nothing to every club. They only get 10% and it's makes up maybe 5% of total revenue. City earned 200m just from the UCL last year. Sold 100m worth of players. Won the PL etc... this is where clubs earn revenue. Not shirt sales.
@mymemories925 Spurs is arguable, but you're living in an alternate reality if you think West Ham is a bigger club than Man City in terms of support, and that's coming from a Newcastle fan with no dog in the fight.
@11:15 - so the truth comes out - the cap as all caps are exist to guarantee profits for clubs AND to stop top clubs from running away as Simon presses the man that it changes nothing for Crystal Palace, but stops Utd and City from spending within their PSR framewwork. DISGUSTING
Simon on PFA 😅
And city and villa not just united