Not for the first time .. is Newcastle United about to be sold to a consortium of billionaires ?
Ashley wanted £340 Million, he might let it go for a mere £300 Million ((:>) .. Whatever, the potential buyers, especially Staveley are as shrewd as they come and must have a great deal of faith in the future of English football .. OR is this a bit of a bargain landgrab while the market is somewhat depressed due to Coronavirus ?
https://www.bbc.co.uk/sport/football/52284645
Comments
Football has got totally out of hand, the money at the top of the pyramid is absolutely ludicrous and highlights how obscene it has become.
We pay people more to entertain us, than to save our life!
https://www.thesun.co.uk/sport/football/11396800/premier-league-coronavirus-simon-jordan-plan/
Devil take the hindmost.
EDIT .. just copied this from wiki ...
The window was introduced in response to negotiations with the European Commission. The system has been used in many European leagues before being brought into compulsory effect by FIFA during the 2002–03 season.[2] English football was initially behind the plans when they were proposed in the early 1990s, in the hope that it would improve teams' stability and prevent agents from searching for deals all year around, but by the time it was eventually introduced they had to be persuaded that it would work.[3] However, the exact regulations and possible exceptions are established by each competition's governing body rather than by the national football association.[4]
They go back a lot further than that. The Romans had them.
Then I think that time period was also applicable for any loan deals for Football League clubs until recently