Latest news with #ProfitAndSustainabilityRules
BBC News
a day ago
- Business
- BBC News
Do transfers like Ramsey's mean a rule rethink is needed?
The lasting memory of an unproductive opening day may be the odd kinship that appears to have developed between Aston Villa and Newcastle - two clubs who have arrived at a similar status by different have proven potential to break into the top bracket of the Premier League and owners with the financial muscle to back their their fans united on Saturday to claim loudly that their clubs are being held back by the Premier League's Profit and Sustainability Rules (PSR), designed to protect clubs from financial fans might say that last sentence is contentious, since the very point many of them have made is that the only protecting being done by PSR – and in Villa's case, Uefa's Squad Cost Rules too – is of the established wealthy giants from the perceived nouveau riche like Villa and how bizarre that we should be considering clubs with such proud histories as Villa and Newcastle as some kind of insurgent it is hard to argue that football does not need some sort of financial control when so many clubs have ended up in trouble - and in extreme cases, ended altogether. Whether there is a fairer method is a debate likely to outlive both you and me. But if the current system appears to make a transfer like Jacob Ramsey's move to Newcastle more likely, a rethink may be an authentic local boy done good, represents "pure profit" for Villa. Unai Emery and his colleagues only ever spoke glowingly of himself obviously revelled in playing for the club that nurtured him since just after he started school, and he deserves a warm reception whenever he plays at Villa Park in he feel any homesickness, his new club will understand – in another parallel between the sides, Newcastle sold Elliot Anderson, apparently for similar reasons, last and Anderson will both prosper. They may play together for England one this sort of transfer is caused not by the rules themselves, but the way clubs choose to observe them. We can debate for now, it may be that the best way for a young player to have a long career at their dream club, if they are in a position like Villa or Newcastle, is to join somebody else's academy first."It works from an accounting point of view," said football finance expert Kieran Maguire on these pages this week. "But it's absolutely awful from a footballing perspective."Villa fans might well to full commentary of Brentford v Aston Villa at 15:00 on Saturday on BBC Radio WM DAB Birmingham/Freeview 714And tune into The West Midlands Football Phone-In from 18:00 on weeknightsExplore Aston Villa content on BBC Sounds
BBC News
a day ago
- Business
- BBC News
Selling Isak 'would open up a huge amount of scope to go and spend'
Football finance writer Chris Wetherspoon says Newcastle are in a "much better position" in terms of Profit and Sustainability Rules (PSR) than they were year ago but selling Alexander Isak would open up the opportunity to sign "four or five serious players".Both the club and Isak have released statements on the ongoing transfer saga with the only official approach for the Sweden international a £110m bid from Liverpool at the start of August."Every team is restricted [by PSR] to differing levels but relative to what Newcastle have had in recent years no there isn't [restrictions]," Wetherspoon told BBC Radio Newcastle."Newcastle have spent around £70m in the last week so their transfer window has moved on from what it was but I don't think what was stopping them get people in was an inability to spend."They have scope to spend and also did have the scope to give Alexander Isak the money that he wanted. That doesn't mean that you go and do it, but within the rules they could have done."They are in a much better position than they were a year ago when it was clear for all to see they were flailing at the last minute."On Isak, if they were to sell him for a big amount of money, it would open up a huge amount of scope within the rules to go and spend. You could go and get four or five serious players in to bolster the team."The issue with that now is time. We've got less than two weeks left. The better case for Newcastle this summer would have been Isak leaving early for big money before teams had started spending big and there was a bidding war."Now, there is only really one team interested - Liverpool."But, they don't need to do it."Listen to the full episode on BBC Sounds
BBC News
3 days ago
- Business
- BBC News
'Sad to see' - Newcastle and Villa fans unite against PSR
Their sides may have been battling it out on the pitch, but Newcastle United and Aston Villa fans stood together as both sets of supporters vented their anger towards Profit and Sustainability Rules (PSR) at Villa Park on the opening weekend of the Premier League timing of this chant felt significant before Aston Villa announced the departure of Jacob Ramsey to Newcastle 24 hours or so deal secured Aston Villa pure profit on account of Ramsey being an academy it was not a cause for Villa captain John McGinn, who has been a vocal critic of financial regulations, wrote that it "seems to be the way football is set up these days".Such dismay has even been felt across the Atlantic by Dean Smith, the club's former manager, who handed Ramsey his debut."It is sad for the Villa fans to see one of our own go," he said of the £40m deal. 'Very difficult to see him leave' Geordies know that feeling, of was just last summer that Elliot Anderson was sold to Nottingham Forest to help Newcastle comply with PSR rules following years of imbalanced head coach Eddie Howe said he was "uncomfortable" letting Anderson go, but clubs are now being incentivised to sell such leaves homegrown talent increasingly vulnerable, as football finance expert Kieran Maguire explained."It works from an accounting point of view," he said. "But it's absolutely awful from a footballing perspective. I can understand the frustration of fans. They have a special bond."Neutrals may question why Newcastle and Aston Villa have had to resort to such all, don't these ambitious clubs have incredibly wealthy owners?But it is the established order rather than these disruptors who have been able to fall back on superior income is what matters in a PSR world, as clubs are limited to losses of up to £105m over a rolling three-year context, as previously reported by BBC Sport, Arsenal (£327.8m), Chelsea (£337.8m), Manchester United (£364.7m), Liverpool (£386.1m) and Manchester City (£412.6m) spent more on wages than Newcastle generated in revenue (£320.3m) in Premier League clubs' most recently published Villa, meanwhile, have had a higher wage-to-turnover ratio than Newcastle and the club were recently sanctioned by Uefa for breaching the European governing body's separate financial Emery's side are now bound by a strict three-year settlement with Uefa, which means that "any £100m in incoming transfers must be matched by at least £100m in outgoing sales", in the words of Ramsey deal will likely have been concluded with that agreement in mind and former team-mate Neil Taylor said it was "very difficult to see him leave" as a result."Jacob wasn't a flash in the pan or just a talent - he was someone that wouldn't let you down," he said. "He had a really good temperament, showed respect to everyone, trained properly and was Villa through and through." An Eddie Howe player Aston Villa's loss is Newcastle's three quiet windows, Newcastle have been able to reinforce their squad after substantial deficits dropped out of the club's three-year PSR cycle, which takes the financial years ending 2024, 2025 and 2026 into have seen several targets move elsewhere, and the Alexander Isak saga continues to hang over the club, but the black-and-whites have brought in Anthony Elanga, Malick Thiaw, Aaron Ramsdale and, now, Ramsey, who is a player Howe "loved" from certainly looks like a Howe player and the versatile midfielder was even ranked second for possessions won (15) in the final third for Aston Villa in the top-flight last may be well-stocked in the middle of the park, but the 24-year-old's athleticism, ball-carrying ability and experience in the Premier League and Champions League will be invaluable as the club prepare to fight on four are clear areas for improvement, registered just six goal involvements in the top-flight last season, but Callum Rowe recalled how his friend "always had an eye for scoring" after the pair came through the ranks together at Aston Villa."He has the natural ability for arriving in the box from midfield and scoring goals, which, in my opinion, is something you can't teach," he said.A chance to work on these aspects of his game under Howe was certainly a big draw for Gordon, Dan Burn, Lewis Hall and Tino Livramento have all become senior England internationals following an extended period with the Newcastle head coach and his Ramsey, who previously won the European Championships with England Under-21s, hopes to one day follow does not feel unrealistic if Ramsey can continue to keep himself fit following an injury-disrupted for one, has no doubt that there is "more to come" from the midfielder, who is "very coachable"."Eddie is really good with the players so Jacob will settle in with him really well," the former Aston Villa manager said. "He could thrive under him and I can see why Eddie has gone for him. He's his type of player. He fits in with the work ethic. He's got the skillset."With my Villa head on, I'd rather see him at Villa still, but he's going to a Champions League team and a big, well-supported club so I wish him well. He will handle it."
