Newcastle Fans Shocked by Lack of Funds

The news on Sunday that the new Newcastle Board were only going to give Sam Allardyce ₤10M for transfers, after Sam had acquired four good players Geremi, Viduka, Barton and Rozehnal for a net ₤1.5M, was not believable and we said so.

However, the news since then seems to confirm this may well be the case, and we are still finding it difficult to believe. It doesn’t seem to make any sense – has something happened that we have missed?


Newcastle Chairman Christopher Mort

We’ve been very impressed with Ashley but mainly with his right hand man Chris Mort since they invested in the club and public statements by Mort have been both good and positive. We haven’t heard much at all from Mike Ashley but we do know Chris was doing a strategic review of the club and we were told our debts were around ₤80M before they even took over.

Nothing seems to have changed from what we know – unless Mort has found the debts are a lot worse than first thought. Of course we still don’t know if this story is true but if it is – it would be a crushing blow not only to Big Sam, who’s done very well in his two months at the club – but also to the fans. When an English Billionaire takes over a club you kind of think significant funds will be made available – otherwise why is he buying the club?

Hate to say this – but this wouldn’t have happened if Shepherd was still chairman. Freddy would have made funds available whether we had the funds or not. Not good business but we know Freddy was as much a fan as anybody else and would have keen to support Sam who he had been after ever since Bobby Robson left the club.

It’s not like Sam needs much money, because he’s not used to having large amounts of funds so ₤20M to him would be a dream. The four players he’s brought into the club is the best business we’ve seen at the club for many years.

To have Newcastle United become a successful club we have to be successful on the field. It’s as simple as that. While we are still positive about the coming season we think it unwise for both footballing and business reasons not to invest at least ₤20M in the club right now – and back the manager in what he is trying to accomplish.

We are positive because of what’s probably Mort’s biggest argument against Sam – our youngsters have looked excellent in pre-season as they did last January and February before the injured stars came back. Remember for the last 10 games of the season the youngsters didn’t play and the first teamers did – and they were hopeless. No passion and little skill - unlike when our youngsters played.

But Sam is experienced and knows he is still short of players experienced enough right now and who have been around the block a few times. Three good experienced defenders would make our squad strong and with one more midfielder if Dyer has to move on.

On a positive note it looks like Alan Smith may be joining us for ₤6M from Manchester United – not really the player we need right now – but he’s good and will add to the squad especially if Dyer leaves. And it’s nice to know he wants to come here – we assume he does - the last few weeks have been somewhat disappointing for all of us on the transfer front.

A final point – whatever happens before the end of August one thing we must all do as fans is support both the team and the management. We can still have a good season even if Sam doesn’t get all the players he needs.

Why? Because we think Sam is that good.

Comments always welcome – please try to keep them civil.

51 comments so far

  • sean

    Jul 31, 2007 at 1:51 PM

    Comment #1

    was chris mort the guy who said he wanted a bigger stadium or was that someone else? if it was chris mort then maybe he isn’t giving us the funds because he is pursuing this. I think that we could see an extension on st.james’ park in the near future 😀

  • will

    Jul 31, 2007 at 1:59 PM

    Comment #2

    Ok, all these rumours flying around at the moment are incompatible with each other.
    If we only have 10m and desperately need defenders, why are we buying Alan Smith for 6m???? Has he suddenly decided to become a left back???
    Please explain this to me. Sam has publicly stated that he is after defenders only at the moment. Is Smith a defender? No. The people propagating this drivel must be brain dead, frankly.

  • sean

    Jul 31, 2007 at 2:00 PM

    Comment #3

    i’ve heard from a few people that john arne riise is going to be sold by liverpool and it was on the bbc site. is there any truth in this and if there is will we be after him?

  • chris

    Jul 31, 2007 at 2:01 PM

    Comment #4

    tht was something to do wen fat fred was in charge but mort sedhe would look int lets hope he does in the future and not now because we need players. i could b a writer for this site 😉 haha

  • StevieA

    Jul 31, 2007 at 2:05 PM

    Comment #5

    This says it all from me. It’s from Tribal Football, the same exact site that was running the Martins to be sold story.

    Newcastle United boss Sam Allardyce has assured fans Obafemi Martins is not up for sale.

    Reacting to press reports this morning, Allardyce told “This story is complete and utter fabrication. There’s nothing in it whatsoever.”

    It’s all complete fabrication from the press. I have always believed that the press has had it in for Newcastle. They don’t want us to become a top 6 side again and they make up complete and utter bollocks to try and unsettle out team, our fans and the relationship between the fans and chairman.

    I have read people bad mouthing Mike Ashley when you really have no proof that he is looking to sell up. You have no proof that there are no funds available either! It’s getting beyond a joke now. I seriously think the press would like us to under achieve again so they can say “I told you so”. Even most of skys so called pundits don’t like Newcastle. Those kind of people give southerners a bad name. They just can’t see outside of London.

    I am positive we will sign players and I am positive that Mike Ashley has good intentions. He has invested a lot of money into this club and for him to make a good return we have to be successful on the field. That means we have to either invest or bring in quality youngsters who can really take us forward in the next 2-3 years. I personally think we will adopt both strategies but it takes time. FFS he has only just arrived at the club!

  • Bob

    Jul 31, 2007 at 2:07 PM

    Comment #6

    Well i think the Smith stories aren’t true becasue why spend 6 million on another striker, or 6 million to play smith in midfield as thats not his best position.

    On the money issue its dissapoiting that the the new chairman knows so little about football he doesnt no that teams can’t mount any seriuos challenge playing the likes of Paul Huntington who is only 18. The problem is Mike Ashley is a businessman and to be honest running a football club isn’t the best business to make money in, as he will have an entire city to answer to for not provising the funds.

  • t-g-w

    Jul 31, 2007 at 2:07 PM

    Comment #7

    Would be a dream to get Riise, but the quote for him last year was £17million. Can’t see why Liverpool are selling one of the best LBs in the Premiership… Would love to get him but don’t think it will happen.

    Says on the IcNewcastle site that Spurs wanted a player exchange, giving us Zokora whilst they took Dyer. Dunno much about him but surely he is a better option than Smith as a midfielder and I know he impressed in the World Cup…

  • Rob Kirton

    Jul 31, 2007 at 2:08 PM

    Comment #8

    When we have our new chairman, not Chris Mort who is a stop gap, and when this person and Mike Ashley have decided who they want to be the Manager, I am sure the funds will be made available.

    That manager may prove to be Sam Allardyce. I hope so.

    By the noises Sam is making in the press, he is maybe positioning himself to walk if he feels its not going his way

    The rest of stuff about 20 million, 10 million, nothing to spend and named players having to leave is absolute guff. We are going to have to get used to more of that sort of stuff. Ashley and his people will never give anything away to anybody. It’s hammerred the share price of Sports direct recently as he refuses to speak to City analysts and the type. He doesn’t seem to be bothered, saying they can’t scare him and he has “balls of steel” – his words

    Go figure as they say….

  • Nick

    Jul 31, 2007 at 2:09 PM

    Comment #9

    i’m sure strengthening the team rather than expanding st james sgould be much more of a priority. if we play well with a good strong team we are going to increase earnings and in turn increase support. thats when we need to start expanding st james. if we don’t make europe next year i think they will struggle to sell seats so why bother expanding when the future is so uncertain.

  • mike

    Jul 31, 2007 at 2:12 PM

    Comment #10

    Not sure whats going on here but could it be the ploy of the century to try and stop the increasing prices for players going through the roof.
    Evertime Newcastles name gets mentioned the price of a player doubles this is the only reason i can see for these stories of no money available being true.
    Surely Mike Ashley being the buisnessman he is would have known exaclty what the situation financially speaking was before he decided to buy the club
    Otherwise we are truley Doomed:)

  • Mark

    Jul 31, 2007 at 2:16 PM

    Comment #11

    Chris, the Smith deal is £6m and Newcastle want around £5m for Dyer, leaving us with a reported £9m for defenders. So it isnt that incompatible. Smith would be deployed in the attacking midfield role as Dyer was. All Newcastle United really need is a left back and two centre halves, providing that everyone stays fit, which Sam has a good record of doing.

    Nicky Shorey – £6m – My second choice but it seems Baines is going to be joinging the blue half of Merseyside.

    Abdoulaye Faye – £2m – Would be a good, strong, versatile player for the DM role and, more importantly, the Centre half role.

    Sami Hyypia?? – Free or Nominal fee – Experienced, strong, good for set pieces, little or no fee involved, fair does he is 33 or 34, but for another 1 or 2 years he would be great back up.

    If we get these players our squad doesnt look so bad.

    Given, Harper, Krul

    Carr, Geremi, Taylor, Rozenhal, Shorey, Babayaro, Hyypia, Faye, Ramage, Huntington, Edgar

    Milner, Solano, Butt, Barton, Smith, Emre, Nzogbia, Duff

    Luque, Owen, Viduka, Martins, Carroll and…. *sigh* Shola

    Also we could deploy Geremi as Right Wing or Centre mid, as well as his natural Right Back role.

    Smith can play as a striker with Emre and Barton in middle incase of a striker shortage due to injury.

    Luque could play left wing if Duff’s injured and Zog plays in the middle in an injury crisis.

    Faye can play Defensive mid, Rozenhal apparently can too.

    Solano can play Right back aswell

    Not forgetting big Stevie Harper can play as a forward 😉 haha. comments welcome on my comment.

  • kash

    Jul 31, 2007 at 2:18 PM

    Comment #12

    Well it seems we are in that ridiculous situation which as fans is shameful but something we have lived with for years. I give up, always checking the internet to see what is happening. Newcastle United has always been the fans football club. Mike Ashley has taken that away from us by not communicating effectively with those underneath him and to those who feel that Newcastle united is more than just a business. People from other areas don’t realise that the city is circular to the football club. When the team does well the city is bouncing, and there’s a sense of achievement and success around Town. This rubs off on the people and they go on there way happier, enjoying life and trying to be successful. When the club is in turmoil, SO IS THE CITY.

    If they don’t sort it out soon, WE’RE back to square 1. BSA needs 3 or 4 players, thats all. He is the man to take us forward, if the board don’t back him, then F*&^K OFF MIKE ASHLEY AND CHRIS MORT. GO BACK FROM WHERE YOU CAME FROM YOU W(*(*&*&S AND LET THE FANS RUN THE CLUB!!!!!!!!!!!!!!!!!!!!!!!

  • Dave

    Jul 31, 2007 at 2:20 PM

    Comment #13

    We really need an Ashley/Mort statement on these affairs. Surely they are begining to hear the mumblings of discontent, even if they are blown up by the press.

    I still believe we’ll have a much better season than last.

  • kash

    Jul 31, 2007 at 2:20 PM

    Comment #14

    Can anyone sense my frustration?

  • Craig Allen

    Jul 31, 2007 at 2:25 PM

    Comment #15

    I got shot down the last time I mentioned Sports Direct .. .dare I mention it again? lol

    On a serious note though I see the Independent’s running that story on Obafeni … I hope to God it’s not true ??

  • kash

    Jul 31, 2007 at 2:27 PM

    Comment #16

    Rozenhal has stated that he feels there are no “Prima Donnas” at Newcastle.

    Thats a first!!!!!!!!!!!

  • David Dutch

    Jul 31, 2007 at 2:35 PM

    Comment #17

    Well if that is the transfer kitty ‘God help us’. I cannot believe that Ashley has built his business by being cautious, he also cannot have established his business empire by ignoring the people who have the strength and knowledge of a particular industry. Successful entrepreneurs use other people who have different skill sets to their own. Yes by nature they are bloody minded and strong willed with a belief that they are right but there has NEVER been a successful entrepreneur who has not used other people who have demonstrated skill in the areas they are weak. Look at Branson he is not stressed out – WHY? because the people around him he uses with different skill sets get all the stress.

    Turning to another subject that of K. Dyer Esq. I hope beyond all hope that if because of circumstances he does not move on during the transfer window the minority of idiots in the crowd do not get onto his back. It was disgusting to hear the boos when he came on against Juve. Instead we should support EVERY member of the team who pull on a Black & White shirt and cheer them on to give them confidence while they wear it. No person in the crowd would not move to a different employer if they were offered better money; a chance to develop; move because they feel stale where they are; the grass is greener whatever. It is a fact of life that people do move on and pure jealousy when a segment of the crowd get onto a players back because they are ‘disloyal’. Every person in the crowd looks after Number 1 the players despite what some people seem to think are human beings plying their trade.

    The crowd have got to start giving 150% support – cut out the childish booing when things do not appear to being going right, accept that everyone has a bad day at the office. When I hear the boos I could willingly take each one of them by the throat and strangle the living daylights out of their childish necks. It is no way to help anyone and all they need ask themselves is has there ever been a day at their place of work when they have performed at less than 100% and tell the truth. If anyone mentions the money the players are on, forget it, they are on the going rate for the job they do. And again everyone has a duty to get the best deal they can for themselves, I do not begrudge the players a single penny piece of their wages, yes they are high in comparison to the average worker but the average worker also gets paid the going rate for their job. Grow up and let’s see the season 2007/2008 ring out with massive cheers that shake the rafters of the stands every time and even more so when the players are a little less than perfect. I think each of us should take the responsibility of making sure that we shut up anyone next to us who boos or derides a payers contribution it does not help them improve but support by cheering etc can lift any player and will turn St James’ back into the fortress it once was.

    It is just as much our collective responsibility as it is the players to make us a great team again. We may not win the championship but we can make St James’ a feared place for the oposition to travel to and who knows if we do and then through confidence pick up a few extra points on our travels where we will end the season. I trust that like me who has supported the team for 55 years most of the 52,000 every Saturday are not just fair weather supporters.

    Good luck Sam and all the boys for this season all we ask is that you look at that shirt as you pull it on your back and play with pride.

  • Jag

    Jul 31, 2007 at 2:38 PM

    Comment #18

    As I have just said elsewhere … I for one am now well fed up of this close season … we are being kept more in the dark under the new regime than the old.

    So how come all these so called journalists are not doing their jobs. If there was … as they suggested yesterday… a clear the air meeting between Mort and BSA. How come they ain’t been banging on the doors of SJP demanding an interview with BSA or Mort to find out what went on. If there was no meeting and it was just media speculation … why not come out with a statement from Mort or BSA saying so and all is fine.

    What the club lacks and has done for ages is a good PR dept and seems happy to do it’s PR by the website with the few odd statements, and allowing the ocasional interview.

    Sadly the new regime appears to be worse at letting the fans know what is going on than the old … and frankly it is P***ing a load of folks off.

    BSA and Mort looked comfortable and happy enough sat together at the Juve friendly… so is it all just media spin.

    But regardless we need defensive reinforcements … the whole of football knows that even before we let 3 go in the summer we needed extra defenders… we’ve signed 1 so far and 1 who can play there but not his preferred position … we still need 3 defenders but seem to be intent on scrabbling round in the soccer bargain basement and even then letting them slip through the net.(eg: Luke Young went to Boro for 2.5m … better than what we’ve got here right now)

    The time is right for a straight press conference with BSA and Mort to tell us what the real situation is … and stop the sniping and media spin.

    I believe there is a talk in with BSA coming up at Shearers soon so unless they get their act together he can expect a pretty tough time with some awkward questions (unless of course they are all screened first…)

    Let the fans know … you’ve got our money already … built our hopes up .. and now seem intent on letting us down…

    We’ve missed enough defenders without even a hint of interest so what really is going on … come on tell us

  • Mats

    Jul 31, 2007 at 2:39 PM

    Comment #19
  • Gallacher the Horse

    Jul 31, 2007 at 2:46 PM

    Comment #20

    This may make me a killjoy Kash, but any chance you could turn the ‘volume’ down a little please. I’ve had to stop my lad (8) reading this blog as it’s a bit difficult to explain the language away. Cheers man, especially as we’re all frustrated right now.

  • doc

    Jul 31, 2007 at 2:48 PM

    Comment #21


    good comments, I hope this season the crowd can really make some noise in support of the team, we used to be worth a few points and can be again

  • Graham

    Jul 31, 2007 at 2:53 PM

    Comment #22

    Chris – you make a lot of sense – and its not that hard to see that we have the makings of a very good squad- but we need to make a signing and quick or else the others won’t come at the last minute – remember last years transfer window?

  • Jag

    Jul 31, 2007 at 2:54 PM

    Comment #23

    BSA is doing a talk in tonight at Shearers … starts 7pm … will be interesting to see what is said … I haven’t got tickets 🙁 … anybody going … if so please update us on what is said ASAP

  • Bill F

    Jul 31, 2007 at 3:04 PM

    Comment #24

    I have been following the Toon through thin and thin since the late fifties.
    I can appreciate your frustratation. You can multiply it by the years of difference to how long you have been a supporter to see how I feel. I do have some hopes again for the future or perhaps I am just an optimist!!

  • apan

    Jul 31, 2007 at 3:05 PM

    Comment #25


    p/s: yup im frustrated, this rumours is gettin to my nerves and if its true thats a bitch

  • apan

    Jul 31, 2007 at 3:08 PM

    Comment #26

    fulham for zoggy? haha il be laughin that off seems like their manager Sanchez is tryin to unsettled him? go get ur championship players plz dont take our priced futured assets tq

  • ToonKing

    Jul 31, 2007 at 3:14 PM

    Comment #27

    I just found this :

    It’s an interview with Chris Mort, a little old but none the less. He talks about plans to bring the club forward , and more importantly he says that he has a good relationship with Sam, they DISCUSS SPECIFIC TARGETS ON A DAILY BASIS, and THAT THERE ARE FUNDS AVAILABLE!!!!!!!!!!!
    He also sad that they are doing many things behind the scenes, so i guess we just have to be patient and not give a crap about what Alan Oliver and other shite reporters write.

    We just have

  • Bosck

    Jul 31, 2007 at 3:18 PM

    Comment #28

    Mats – reckon that article is a load of rubbish.

    Zogs surplus to requirements given the fact that he was massively praised for his central role v Juventus and we are short on midfielders especially if Dyer goes, and is cover for left back at the moment according to sam, so i think not!!

    I wish the press would stop this mindless drivel and actually look at the facts first before just maing up any old rubbish.

  • paul p

    Jul 31, 2007 at 3:27 PM

    Comment #29

    kash u are so so right to be frustrated because i am the same. at the end of the day right, only way we are going to win out is by us strengthening the squad. never mind we need 2 centre halves, left back and a right back, i think we need a hell of alot more in truth if we are to get anywhere near man u. lets start from the begining eh, we have one world class goal keeper, back up is not bad either, krull will also be good so we are covered there. defence, rozenhal, he looks superb, carr is gash get rid of him, and babayaro for a start, ramage could’nt put a cross on a norts and crosses board, shtte get rid, edgar looked ok when he came on against juventus and celtic, keep him for the future, huntington, he might be alright, but for now, no, gets caught out too easy and thats no good for us, just got rid of someone like that anyway!, taylor, class, still young and will improve again, so we need a new back 4 still, and then more cover for injuries there. midfield, milner, awesome, geremi, barton superb, dyer’s off, as is charlie, emre may follow, nicky butt awesome, solano, great crosser of the ball, duff injured, pattison will never make it as a footballer, as neither will trosi, so we are so so short of numbers in midefield. up top, owen, martins, viduka, top quality. luque, looks like he is going to coem good, shola, well is just shola, carrol, wot a prospect, striker wise we are ok for the moment, but if we make that step up to the top 4, we will need to look at it.

    any thoughts who could come in to replace the cack and the dead wood are welcome.

  • Ross

    Jul 31, 2007 at 3:27 PM

    Comment #30

    i’m just starting to get frustrated about everything.
    this is the first time in a while i cant even keep up with rumours, because we’ve been linked with so many players, and no solid advances are made with any of them.
    i utterly agree regarding the crowd volume. it may only have been a pre season friendly but at the end of the day the juve game was silent, and i’d never experianced that at st james’ before. i was pretty gutted.
    make some noise at sampdoria next week, please?

  • Stami

    Jul 31, 2007 at 3:45 PM

    Comment #31

    think Smith would be a great replacement for Dyer. we know that he is a natural striker, but have seen him play a very solid midfield role at Man U just before his injury! he is a determined player who fights for the ball, and his striking ability would mean he could push forward too! 6m is fair, and if Dyer leaves then why not! i am confident in our young defenders, and with the likes of Rozenhal to lead them i think we will be just fine at the back! im not saying that a few more defenders are needed, im just saying that it probably would not be as bad as alot of people are making it out to be!

  • Ed Harrison

    Jul 31, 2007 at 3:50 PM

    Comment #32

    Please take a look at our comments policy. The comments are getting a bit too raucous in terms of bad language and we cannot always catch them before they are submitted. Please try to make your points with decent language.
    We know for a fact that we have youngsters accessing this site and we want to keep it that way – Thanks .

  • Bosck

    Jul 31, 2007 at 4:08 PM

    Comment #33

    Paul P i understand the frustration but your jumping the gun and are overly harsh with some players.

    Why because one website says fulham are chasing N’Zogbia do we assume he is off, sam has been praising him massively and he played well out of position at lb the other day then was outstanding in the miggled against Juventus. Seems to have got his head down and be working hard for sam so why would we let him go.

    Huntingdon makes mistakes because he is not playing in his correct position. saved us a couple of times against juventus by moving across into the centre defence role and cutting off a couple of dangerous runs, give the lad time to learn as back up along with edgar. they should both be given the time and suppport to come through rather than nit picking at them this early. Ramage is also a great back up to have (not saying he is a great player) as he is 100% committed to the cause and takes too much criticism for skill levels if you ask me, never going to be a 1st choice but the kind of guy we need in the squad who is there when needed.

    troisi like edgar and huntingdon is only a young lad who has looked good in the friendlies so far and had the presence of mind to pass for two goals against hartlepool rather than shoot himself.

    as for emre we have a small squad any way why do you want all the players to be sold off just cos they probably wont be in the 1st xi, we still need quality like emre as back up/for rotation.

    i’d have to agree now that it doesnt look like pattison will ever make the top grade as a starter for newcastle but why not have him at least for now as back up when needed as he’ll never let anyone down just won’t ever be a star player.

  • paul p

    Jul 31, 2007 at 4:11 PM

    Comment #34

    its because we are all frustrated that we are not going anywhere apart from the championship cant u see ed. u right though, cant have youngsters picking the foul and abusive lingo up. please can we word things different in future. thanks.

  • kash

    Jul 31, 2007 at 4:17 PM

    Comment #35

    Just want to apologise for my language, i’m going a bit mental here, but i’ll release my frustrations with the mrs tonight!!!!!

  • Bosck

    Jul 31, 2007 at 4:20 PM

    Comment #36

    by the way for anyone who is miggled in my last post was supposed to say middle, dont ask me where miggled came from tho!!!

  • Bosck

    Jul 31, 2007 at 4:22 PM

    Comment #37

    ^^^^ that was meant to say for anyone who is confused, miggled in my last post was supposed to say middle.

    right thats it my brain is fried i cant even type now!!

  • Wizdomite

    Jul 31, 2007 at 4:23 PM

    Comment #38

    Make Zoggy captain!

    PS. Mark’s comment re: 4 players in and dyer out was a good’un.

  • Todd

    Jul 31, 2007 at 4:26 PM

    Comment #39

    Let us summarize:
    1. Reclusive billionaire businessman who made his fortune after his parents mortgaged their home to buy him his first shop when he was still a teen buys club.
    2. He forces out the old guard.
    3. There are police raids and information about many financial skeletons in the closets of the previous owners.
    4. He de-lists the club from public trade.
    5. He appoints a non-football guy as his right hand man.
    6. The club’s manager who comes with a fine reputation based largely on making Bolton a team nobody wants to play (for a variety of reasons), cleans out the awful defenders who were the main reason the club performed poorly in recent years.
    7. The manager then makes a number of excellent signings both from a player and financial standpoint.
    8. Then the screen goes black. No signings even though it couldn’t be more clear that the team is tissue-paper thin.
    9. Billionaire is not talking and not spending.
    10. Right hand man is reviewing the books and finding financial ugliness as if Billionaire failed to do the standard due diligence prior to the purchase.
    11. Manager makes it clear he needs more players but signs neither the big guns nor the little French ones.
    12. Supporters start to get the that ‘same stuff, different year’ despair about the ownership that as we say in Virginia “Somethin’ aint right with that boy.”

  • e

    Jul 31, 2007 at 4:47 PM

    Comment #40 finaly we are linked with a left back and it seems that we have gone to spain negotiate


You must log in to post a comment.