Simon Jordan has defined why he “feels sorry” for Newcastle United and our ongoing battles with PSR and APT guidelines that proceed to impression our potential to spend, describing the Premier League as “anti-competitive.”
Talking on talkSPORT, the previous Crystal Palace proprietor mentioned the flawed monetary guidelines holding again our Saudi house owners, admitting it’s ‘going to be tough’ to compete with the likes of Manchester Metropolis and Chelsea with the present guidelines in place, regardless of Eddie Howe’s finest efforts.
In his abstract of Newcastle and Howe’s place, Jordan labeled the Premier League’s rulings as “ridiculous” after seeing each Man Metropolis and Chelsea allowed to spend and spend following their respective takeovers.
Watch the complete clip under, the place Jordan makes a variety of legitimate factors on our present predicament as a membership:
Don’t at all times agree with him, however plenty of that is spot on from @Sjopinion10…#NUFC
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— NUFCBlog.co.uk (@NUFCblogcouk) October 30, 2024
The membership will merely by no means be capable of catch as much as these ‘massive groups’ until there’s a change within the PSR guidelines and, like Jordan stated, whether it is sustainability that they’re so eager to make sure, then what might be higher than having a sovereign wealth fund supporting the membership?!