- May 22, 2005
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As far as i'm aware the City charges are all related to historic events (that seem certain to have happened) but City, over the past few years, are operating within the FFP guidelines - i think their recent transfer activity suggests as much.
Newcastle have so far seemed to be fairly conservative with the transfer cash, and wages offered, which i presume is because they are acutely aware of FFP and the scrutiny they'll be under.
I don't ever trust the powers that be to enforce things properly, but if they do, then Newcastle will take some time to become the powerhouse people think they already are. Their new sponsorship deal is fairly small still, but no doubt we will see these sort of deals increase in value yearly, until they get to Citys level.
At the moment i don't think they can offer more wages than us, nor outbid us on transfer fees (* if our chairman believes the transfer fee in question represents value)
Their sponsorships are still dodgy as fuck, which in turn boosts their FFP boundaries, as far as I'm aware.