Continuing today with the interview Sam gave to the Sunday Times last weekend Sam talks about the new management at Newcastle and the transfer money he is being given by Chris Mort.
It turns out that Sam has been restricted to some extent by the uncovering of more debt at Newcastle than Mort first realized, but it doesn’t look like the restrictions are too great, certainly it may not be restricted to just Â£10M.
But we’ll also take a look at just how much net spending Sam has paid out in his transfer dealings – we think you’ll be surprised – given the talent he’s moved in.
Sam Allardyce - directing the transfer traffic at St. James’ Park
This is what Sam told the Sunday Times about the new owners:
â€œThe new people didnâ€™t realize what buying the club was going to cost in the end.â€
â€œThe need to service the debt will impact on my spending, which is not what I wanted, and from that point of view you could say the job is not exactly as it appeared in the brochure.”
“But Mikeâ€™s willingness to spend Â£11M this past week on Jose Enrique [from Villareal] and Alan Smith [Manchester United] is an encouraging sign.â€
â€œWhether the new owner will let me spend as much as Freddy would have is something weâ€™ll find out come the end of August [when the transfer window closes].”
“But thereâ€™s a few players Iâ€™ve targeted, either for August or when the window reopens in January, and so far, so good.â€
Sam is pressing ahead with new signings at Newcastle with Abdoulaye Faye from Bolton scheduled to sign today â€“ assuming he passes his medical at the club. The fee is estimated at around â‚¤2M.
Sam is also said to be after Mario Yepes of PSG. (â‚¤1.5M), Juliano Belletti of Barcelona (â‚¤3M) and would also like to capture Phil Neville from Everton for as much as â‚¤4M. So Sam’s spending in the market is not over by any means – and it also looks very promising that we’ll get around â‚¤7M for Dyer from West Ham in the next couple of days.
If we assume Sam gets all 3 signings above plus Faye then those four will cost him about â‚¤10.5M. With around â‚¤20M Sam has already spent to date that would be a total outlay of around â‚¤30M. The players he would have brought in being Barton, Viduka, Geremi, Rozehnal, Smith, Cacapa, Enrique, Faye, Yepes, Belletti and Neville.
That’s 11 players in for â‚¤30M but Sam has also recovered about â‚¤14M from Parker and Dyer (hopefully) so Sam’s net outlay is still only â‚¤16M â€“ not bad for 11 players of the class and experience he has brought in. Assume we don’t get Neville and that’s 10 players for â‚¤12M. Not bad at all in our opinion.
We think it’s been a really great summer of signings for Big Sam – certainly the best for many many years.
Comments on our signings are very welcome.