The January transfer window is upon us and clubs up and down the league will be looking to bolster their options – but only within Financial Fair Play rules.
Teams nowadays have their spending monitored and must comply with rules that factor in their outlays over a certain time period.
Tottenham chief Daniel Levy is known for his business acumen even if the north Londoners haven’t won a trophy in over a decade.
A lack of spending coupled with shrewd off pitch decisions means they have a huge profit margin and could pump up to £400m into their playing squad should they wish to back new manager Antonio Conte.
Savvy commercial deals coupled with other areas like matchday revenue are also major factors.
Playing in the Champions League brings its own riches, as well as more games, thus boosting stadium revenue.
Kieran Maguire, a lecturer in football finance at the University of Liverpool, has dissected the possibilities of Premier League outfits in the coming transfer window.
He told the Daily Mail : “Spurs net transfer spend since 2010 is between a quarter and a half of the other Big Six clubs and it is the most successful club in terms of keeping its wages low as a proportion of income the club generates.
“Spurs have had a business model rather than a trophy winning model.”
The likes of Manchester City and Chelsea have regularly invested which means they could not spend the type of sums Tottenham can.
In fact, the champions could fork out up to £84m – less than the likes of Leeds, Brighton and Brentford.
Chelsea have a far greater margin and could spend in excess of £200m despite shelling out a club-record fee on Romelu Lukaku last summer.
Manchester United, Arsenal and Liverpool could all do likewise.
The Red Devils spent over £100m in the summer but continued to be linked with fresh faces to reignite their season.
Having a wealthy owner though is not a pathway to investment, something Everton are finding to their cost.
Farhad Moshiri’s millions haven’t made much of an impact yet on Merseyside and the Toffees are actually in minus.
They’re already £35m the wrong side of the line, thus making January investment difficult.
In the previous three seasons it experienced a net loss of £157.3m with their new arrivals unable to take them forward on the pitch.
Newcastle, now the world’s richest club, have got several eyes on them this month as they look to fight off the threat of relegation.
The Magpies and their new boss Eddie Howe could spend north of £100m if he wanted to bolster his squad.
Their wealth stems from their recent takeover backed by the Saudi Arabia Public Investment Fund
Maguire claimed: “The way the numbers work out Newcastle could spend a lot of money on transfers and stay within the FFP limit. They are mixing it with the big boys now.”
Four arrests made as West Ham fans clash with police after Man Utd defeat
Four people have been arrested after disorder in the West Ham section of Old Trafford on Saturday afternoon.
The Hammers suffered a 1-0 defeat against Manchester United after a late Marcus Rashford goal.
Footage later surfaced showing disorder in the away end with West Ham investigating the reports of trouble.
And Greater Manchester Police confirmed to Sky Sports News that four arrests have been made, including a 33-year-old on suspicion of assaulting an emergency worker.
A 21-year-old man was also arrested on suspicion of drunk and disorderly behaviour, possession of cocaine and common assault.
A 22-year-old man was arrested on suspicion of throwing missiles and a 23-year-old man arrested on suspicion of a public order offence.
Greater Manchester Police added: “Two other men were detained and will be summonsed at a later date for football-related offences.”
West Ham felt hard done by after their narrow defeat, with some question marks over whether Rashford’s winner should have been ruled out for offside.
Speaking after the game, Hammers manager David Moyes said of the goal: ” I’ve not seen it again, by all accounts everyone seems to think it’s fine so we have to trust VAR that they’re getting decisions right.”
Discussing the game, he added: “I just see it as them having a strong squad. I didn’t think them bringing them on made it that much different,” he said.
“We defended well enough but we completely switched off, we didn’t do things you learn as a young player when trying to see games out.
“We had a good defensive organisation but we lacked what we’ve had in recent weeks, our attacking play wasn’t at the level. There was a lot of good things about it but the result is the key thing.
“I’m not coming to these games to roll over and lose, I’m really disappointed with the result but really pleased with how the players have performed.
“For long parts today I was pleased with them, defensively rather than our attacking play. We’ve moved up a level or two over the last year, I’m enjoying it but that result today was hard to take.”
Pep Guardiola to be offered Holland job when he decides to leave Man City
Pep Guardiola will be offered the chance to take Total Football back home when he decides to leave Manchester City – by becoming manager of Holland.
The KNVB (Dutch FA) have drawn up plans to convince the City boss that he should realise his dream of becoming an international coach with the Oranje once his Etihad reign comes to an end.
Guardiola, 51, has a contract with City that expires in the summer of 2023.
And the Premier League champions are hoping the Catalan can be persuaded to extend his stay in Manchester even further.
The Dutch sounded out Guardiola about his future plans before he signed a new two-year extension with City last August.
They were told that the former Barcelona and Bayern Munich boss had unfinished business with the Blues.
But a future link-up was not discounted.
Guardiola is represented by his brother, Pere, who recently joined forces with influential Dutch agency SEG.
He has made no secret that he harbours an ambition to manage a top international nation.
And the prospect of taking charge of the country of his mentor Johan Cruyff would be tantalising given it was Holland’s brilliant team of the 1970s that introduced Total Football to the world.
Cruyff brought Guardiola through from Barcelona’s youth team to play as a deep-lying midfielder in the team that won the club’s first Champions League in 1992.
The late Dutchman’s influence on the City boss is so profound that Guardiola once said: “I knew nothing about football before knowing Cruyff.”
His coaching beliefs have been shaped by the Total Football philosophy that had Cruyff at its heart when Holland reached the 1974 World Cup final before losing to West Germany.
The KNVB turned to 70-year-old Louis van Gaal for a third time after sacking Frank de Boer in the summer following a disappointing Euros.
Pierre-Emerick Aubameyang provides update after return to Arsenal for heart tests
Pierre-Emerick Aubameyang has confirmed he’s “absolutely fine” after returning to London for health checks.
The Arsenal forward was away at AFCON with Gabon when he experienced some heart issues.
A scan revealed possible issues after Aubameyang tested positive for Covid 19 in the lead up to the tournament.
The Gunners recalled the 32-year-old, who is currently not being selected by Mikel Arteta following a disciplinary breach.
Aubameyang has taken to social media to share that he is “completely healthy” following further tests.
He said on Instagram : “Hi guys, I came back to London to do some additional checks, and I’m very happy to say that my heart is absolutely fine and I’m completely healthy!! Really appreciate all the messages over the last few days and I’m already back at it”
Gabon boss Patrice Neveu revealed that Arsenal were keen to get their player back once news of his possible issues broke.
He said, as quoted by Sky Sports : “What I know is that they’ve been Covid free for the last 72 hours. We couldn’t arrange an MRI for them, and as a result they couldn’t train.
“It was really annoying for them to stay in their rooms. We made the decision yesterday with the President and under pressure from the clubs too, because they’re worried so that [Aubameyang] should go back to Arsenal and Mario [Lemina] back to Nice.”
Despite Mikel Arteta’s recent shunning of the forward, Neveu did admit that it was the club’s right to recall their player.
Aubameyang is currently out of the first team picture as his future remains up in the air.
- Never do these 5 things right after having sex
- Four arrests made as West Ham fans clash with police after Man Utd defeat
- Nigeria attracts $31.82bn from United States, five others in 33 months
- Pep Guardiola to be offered Holland job when he decides to leave Man City
- Airbus cancels $6bn contract with Qatar Airways after paint fight
NEWS2 days ago
How secret police, DSS blocked British envoy from meeting Nnamdi Kanu during court sitting
NEWS2 days ago
Reps investigates missing 178,459 police arms
NEWS2 days ago
India Police arrest most wanted Nigerian drugs peddler, nine accomplices
NEWS2 days ago
17 killed, 59 injured by explosion in western Ghana
CELEBRITIES2 days ago
Actress Anna Kendrick and actor Bill Hader have been quietly dating for a year
NEWS2 days ago
Prepare for uprising worse than #EndSARS if you hike fuel price, Abdulsalami warns Buhari
POLITICS2 hours ago
2023: Obasanjo turns down PDP’s request
BUSINESS2 hours ago
Bitcoin falls another 8% as cryptocurrencies extend steep losses