The news on Sunday that the new Newcastle Board were only going to give Sam Allardyce â‚¤10M for transfers, after Sam had acquired four good players Geremi, Viduka, Barton and Rozehnal for a net â‚¤1.5M, was not believable and we said so.
However, the news since then seems to confirm this mayÂ well be the case, and we are still finding it difficult to believe. It doesn’t seem to make any sense â€“ 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 doÂ know Chris was doing a strategic review of the club and we were told our debts were around â‚¤80M before they even took over.
Nothing seems to have changed from what we know â€“ unless MortÂ has found the debts are a lot worse than first thought.Â Of course we still don’t know if this story is true but if it isÂ - it would be a crushing blow not only to Big Sam, who’s done very well in his two monthsÂ at the club â€“ but also to the fans. When an English Billionaire takes over a club you kindÂ of think significant funds willÂ be made available – otherwise why is he buying the club?
Hate to say this â€“ 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 hadÂ 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 â‚¤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 â‚¤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 â€“ 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 â€“ and they were hopeless. No passion and little skill -Â unlike when our youngsters played.
But Sam is experienced and knows he is still short of playersÂ 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 â‚¤6M from Manchester United â€“ not really the player we need right now â€“ 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 â€“ we assume he does -Â 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.