Newcastle striker Wilson: FFP back in action due to us

Football
20 Oct 2022 • 10:20 PM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

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Newcastle striker Callum Wilson says Financial Fair Play is again in action thanks to their takeover.

The Magpies have spent in excess of £200 million in two transfer windows, and the owners have outlined their intention to challenge for silverware and disrupt the 'Big Six'.

The backing of Saudi Arabia's Public Investment Fund (PIF) has led to Newcastle being dubbed the 'richest club in the world'. However, FFP regulations prevent United from following in the footsteps of previous big spenders such as Chelsea and Manchester City.

He told The BBC Footballer's Football Podcast: "The club has been taken over, but ultimately it's not going splashing money left, right and centre every transfer window. You've got to do it in a controlled way, it's got to be structured and there's Financial Fair Play in place. Those clubs were spending big before Financial Fair Play came in, so they've got so much injected into their clubs already."

Co-host and West Ham United striker Michail Antonio then questioned whether FFP was still in effect, with Premier League setting a record spend of almost £2 billion this summer. Wilson responded to his fellow forward and hinted the regulations have reintroduced due to Newcastle's newfound wealth,

He added: "When we got taken over, they switched it back on again! Before that, it didn't seem real. It's hard for me to talk about finances of the clubs because they're businesses at the end of the day. It's probably not for me or managers to start getting into I guess."