Callum Wilson has joked Financial Fair Play has been 'switched back on' in response to the Newcastle United 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.
Scrutiny on the finances of Premier League clubs has intensified in the wake of Newcastle's takeover, and a temporary ban on lucrative sponsorship deals was voted through by top-flight rivals in response. The spending power of clubs backed by nation states has been brought to the fore by Liverpool boss Jurgen Klopp ahead of his side's victory over City on Sunday.
