In a story that has been doing the rounds over the last couple of days, which we find amusing as much as anything, Newcastle United players will be hit in the pocket by Newcastle’s latest cost-cutting move – after being told they will need to pay for their own club suits.
Mike Ashley – making players pay for own club suits
It looks like Newcastle owner Mike Ashley is trying to cut costs at the club, which of course were far too high under former Chairman Freddy Shepherd and his cronies.
And now the very well paid stars of Newcastle United will need to pay for their own club suits, rather than the club providing them, which is the usual practice of course.
But this news is more about the action of the club in miserly small cost savings, as contrasted to what it will cost the players.
I told my wife about it yesterday, and her reaction was – “so – they can certainly afford it”, which about sums it up
A good suit costs Â£250, let’s say, and a lot of these guys are on Â£60K a week, so do the maths – it’s not hard. 😀
They can certainly afford it, and while it may label the club as stingy, (and that is probably well deserved), the club must be run as a business in this exploding world of football as the global sport.
Whether that should go to the level of club suits of course, is another question, and we must say it does look a little petty.
Ashley also wants to get rid of some of his under-performing Â£60K/week players, who have not produced over the last season like Carr, Emre, Rozehnal and possibly Barton.
Carr and Emre were out injured most of the last season, and hardly played. When we are bringing players to the club this summer, we must look at their injury records, because they will not be much good to us, if they are always out injured.
The wage bill right now is also said to be a huge Â£72M, which is the 5th highest in the Premier League, and the club is certainly not getting it’s moneys-worth. We’re sure that Newcastle fans will agree with that statement.
Newcastle have already slashed around Â£6M/year from the overall wage bill, with the transfer of Â£60K/week earners Emre to Fenerbahce for Â£4M, David Rozehnal to Lazio for Â£2.8M, and releasing Stephen Carr, at the end of his contract.
We find nothing wrong with that, and the only player we may miss is Emre, who is a very talented and quality footballer, but hardly ever fit.
We’ve also let Peter Ramage, Lamine Diatta and James Trosi leave the club in the summer, but we didn’t get any fees for them, as their contracts had run out.
We also don’t think we’d miss Damien Duff and Alan Smith too much either, if they were to leave.
And we need to now bring in at least 6 top players to augment our squad, which is all the Newcastle fans are waiting for right now.