Leeds United owner Andrea Radrizzani has urged the Premier League to ensure that Newcastle United adheres to the FFP regulations after the £300m takeovers by a Saudi Arabia-backed consortium. The Premier League said in a statement that it had received legally binding assurances that the Kingdom of Saudi Arabia will not control the club. Radriazzani believes that an influx of funds will not guarantee trophies but hope the Premier League ensures that they do so fairly.
“Money in football is not always equal to success, it’s been shown many times,” Leeds owner Andrea Radrizzani said. “I think we have a brilliant project run by Marcelo Bielsa and Victor Orta on the football, and we will continue with our strategy to focus on our recruitment and grow our own players. This year, for example, we had more than 16 national-team players in our youth teams, and in the last, Under 20 England team we had four players on the pitch and two on the bench.”
“This is synonymous (with) good investment in the youth and in the academy,” he added. “At the same time, obviously a club like Newcastle or Manchester City-owned and controlled by sovereign funds – they have unlimited possibilities. That’s why I believe the Premier League should apply fair-play regulation to make sure we play fair, we play in the same competition with similar opportunities. I’m not the person who decides if you’re allowed to bring these people into the Premier League.”
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