Manchester City, Chelsea allowed to do what they want, but now Newcastle United blocked

Last week we published an article on The Mag which highlighted how Nottingham Forest and Everton spent money and then paid the price with a points deduction.

The point of the article is that the governing rules of the Premier League are developed to stop clubs doing what the ‘big’ clubs have always done, by flexing their financial muscles.

Buying the best players and building teams that win trophies.

Blackburn (a big club a hundred years ago) in the 90s flexed their financial muscle by buying Alan Shearer, David Batty etc. and became Premier League winners.

Newcastle United then expressed their financial clout with the world record signing of Shearer for £15 million.

Nothing new here.

In 1979, Trevor Francis became the first million-pound player to move between English clubs when Brian Clough bought the striker for Nottingham Forest from Birmingham when Forest were on the rise and a regular in Europe.

When Roman Abramovich bought Chelsea, very little was done to cut costs, he was simply Jack Walker on steroids.

When Man City took their spending to the next level, the people supposedly in control began to realize that things were not quite right for the so-called big Premier League clubs, and terms like “Nation State” were thrown around mass media. .

So where does that leave Newcastle United?

In the early 90s, Bill Drummond and Jimmy Caughty created a band called the KLF, which crashed the music world and then tried to crash the art world. On a remote Scottish island, a million pounds were burned and filmed just for art.

Works of art are sold for millions of pounds and keep increasing in value. The artworks that have been created, such as dirty bedding and fried eggs and a doner kebab (I’ll let you find out who the young British artists are), sell for huge sums because of their intellectual profile.

So how does capitalism in the art world stack up against the sports world?

If people are willing to invest huge sums of money for the Arts, then why can’t investors put huge sums of money into football clubs?

PIF has the keyword investment in it.

As art dealers speculate on young artists, no one rules their investments with fair-play rules.

Capitalism, you pay, you get, no matter the price.

The KLF threw a dead sheep on stage at a music awards ceremony and pretended to spray bullets from automatic machine guns into the audience. They also released a piece called Grim Up North (although this was complete irony as they reveled in Northernness) where they listed all the small towns in the north of England in the belt from Liverpool to Hull.

I live in London and people have said “so you’re from the north”, I just correct them with “No, I’m from the true north”.

The KLF had a huge banner that simply said “The North Will Rise Again”.

I believe the true North will rise again and that silverware is imminent, regardless of what the anti-capitalist Premier League might do.