Newcastle United owners with stifled ambitions – I thought the UK was a free market economy?

The UK economy is a free market economy, where in general businesses operate with no barriers as to how they are run and operate their affairs.

This is how 99.9% of businesses operate.

What’s the 0.1% this doesn’t apply to, you may ask yourself? I suspect you already know the answer.

Yes – football is the business sector that ignores the principle of freedom of operation, especially in the top tier.

Premier League clubs are shackled by rules applied by a tiny cartel under the auspices of the Premier League. This cartel exists solely to preserve the status of six clubs and exclude any rivals.

Take our dear Newcastle United.

The football club was bought by wealthy and ambitious owners, one of the very richest families in the UK and the Saudi Arabia PIF.

Yet due to the cartel actively backing FFP/PSR restrictions and other measures aimed at curbing the club’s ambitions, the Newcastle United owners have effectively been told they can’t use their own money to invest in Newcastle United. The club unable to realise it’s true potential and increase revenue, so more money can be invested from homegrown returns, once the much needed initial funding would act as a catalyst after so many years of going backwards under the previous owner, where investment in the future of NUFC wasn’t even a consideration.

Can you imagine this idiocy being applied in the business world in general?

Can you imagine Nissan being told that they can’t use their own money to expand their factories and create hundreds of new jobs benefiting the local communities and supply chains? Nissan would quite simply withdraw from the UK and establish a new factory somewhere where they have the freedom to spend their own money.

So FFP/PSR have turned into a farce and the only way for the rest of the clubs outside the Septic Six to operate free of all restrictions, is for them to establish their own league where those idiotic six letters don’t exist. Indeed, I wouldn’t be surprised if even now as a new season is approaching, if this notion is in the minds of the more than a few club owners.

I say bring it on and threaten the Premier League with extinction.

The threat alone may be enough to change things, but otherwise, what have we got to lose? Only those farcical chains that stop the Newcastle United owners speculating with their own money!