Ministers are set to unveil new online gambling curbs

Newcastle United will be able to spend well over £200million strengthening their squad in the next three years, without breaching Financial Fair Play rules, if the Saudi-backed takeover goes through, financial analysts calculate. The Toon will be the wealthiest team in world football, with the Investment Fund worth a staggering £320 billion. The consortium expected to takeover Newcastle is funded by the Saudi Arabia Public Investment Fund. EFL clubs would be exempt altogether on the grounds that the estimated £40m loss of annual income would be catastrophic for lower league clubs.

Any voluntary ban on gambling sponsorship would only apply to front-of-shirt deals, so sleeve and training kit sponsorship from the betting industry would continue to be permitted. However, analysts believe that Newcastle will actually be in a position to spend at least twice that sum between now and the end of the 2023-24 season because the current owner Mike Ashley will leave the club in a strong financial position.

Tottenham stars return for pre-season…… West Ham on cusp of signing Felipe Anderson for close to… Liverpool star Virgil van Dijk insists side can go a step… Transfer news RECAP: All the latest from Premier League and… Watching the Match of the Day highlights of Liverpool versus Brighton felt a bit like that.  Worse, the quizmaster taunted them, laughing in their faces. To the contestants’ growing fury, no one could ever get a question right.

Stair/stare, racket/racquet. It was always the other one. For example, high street casinos will be allowed to install up to 80 gaming machines – up from the current 20. The Government says online revenues could fall by more than £700million as a result of the new rules. Regulations for bricks-and-mortar casinos will be relaxed to level the playing field with online rivals. Plans for a levy on the gambling industry to fund research into addiction and treatment for it have also been axed.

Nearly half the clubs last season were sponsored by gambling companies, including Newcastle and West Ham. The White Paper is expected to call on Premier League clubs to agree to a voluntary ban on shirt sponsorship from gambling companies. Eight of the 20 Premier League clubs display gambling firm names on the front of their shirts, which could effectively be outlawed from the start of the 2024-25 season if legislation is passed by the end of the current parliament.

A number of the seven other Premier League clubs with betting companies as shirt sponsors are also understood to be looking for alternatives, with Newcastle’s deal with Fun88 and Leeds’ with SBOTOP both believed to be under review. The Gambling Commission – the industry regulator – will also be given new powers and additional funding, while a new ombudsman will strengthen customers’ rights if gambling companies fail to be socially responsible. The temporary ban on related-party agreements is likely to be made permanent, due to the belief state-controlled clubs have artificially inflated sponsorship arrangements.

A conspiracy to thwart Newcastle’s Saudi owners continues, with Premier League shareholders meeting next on November 11. When you beloved this article and you would like to acquire more information relating to fun88เครดิตฟรี generously check out our own website. In last 3 yrs profit £38m, factor in FFP adjustments for academy etc of about £50m & this means the new owners have an allowable FFP loss of £105m plus £88m= £190m+ to play with #NUFC pic.

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