[Slava]

Originally Posted by MegaErtz

Chelsea's loan forgiveness is being grandfathered in because most of the loans go back to 2003, long before the FFF rules came into place.

Newcastle have spent £123 million so far this summer in transfer fees alone to bring in Targett, Botman, Pope, and Isak. That doesn't include any signing bonuses, agent fees, or salaries. The only player they've sold for a fee is Freddie Woodman, a backup goalkeeper they flogged to Preston for next to nothing.

Their shirt sponsorship is worth £7.5m a season, but the Saudis also own Noon, so they could conceivably pump up revenues substantially by other shady accounting tricks, like calling the stadium "Noon.com Field at St. James' Park and paying themselves a pretty penny for the naming rights. They're taking a long term approach to major investment, but make no mistake, they're headed into an arms war with Abu Dhabi/Manchester City. Once they can start selling academy players every summer for big money the way the other big clubs do, there will be almost no stopping them.

Isn't that how City ran afoul of the FFP rules?