The Sunday Mirror reported yesterday that Newcastle United players are facing major wage-cuts if they want to stay at the Tyneside club.
Mike Ashley – wants to trim the wage bill
The Sunday paper even goes so far as to say the wage cap Mike wants to introduce is Â£40K/week which is different to the rumor a few weeks back, when it was Â£80K/week. Sorry to spoil things and introduce one or two facts into this debate.
But with this statement, of course, the Sunday Mirror then goes on to say that all of Newcastle’s best players like Michael Owen, Obafemi Martins, Mark Viduka, Alan Smith, Damien Duff and Geremi will have to go.
The Sunday Mirror claims that a Newcastle insider (the proverbial mystery man) has revealed that Ashley is determined to trim a wage bill that has shot up by nearly a third in the last two years.
That insider has apparently said:
“The days of crazy salaries here are over. Ashley wants value for money and all future salary negotiations are going to reflect that.”
“Alan Smith cost Newcastle Â£6M and is on Â£3M a year, but didn’t manage a single competitive goal last season. He has another four years on that deal.”
“Joey Barton is on the same money and also has four years left on his contract, and is in jail.”
“Michael Owen cost Â£16M and Â£15M in wages over three seasons and has scored 20 goals.” “That works out at Â£1.5M a goal.”
“At the other end of the scale England Under-21 skipper Steven Taylor earns less than Â£10K/week and Ashley is determined that the wage scale becomes fairer and more manageable.”
“He knows that Everton made Europe last season with none of their players earning over Â£50,000 a week and that is the sort of salary level he wants.”
“So the big earners at Newcastle will have a simple choice – they either take a pay cut or they go elsewhere.”
“It will be a difficult balancing act but one that Ashley believes is necessary.”
We must admit that we’d also done the maths on Michael Owen, and how much each goal has cost the club, but that’s a special case with his injuries, and he has come on big time under Kevin Keegan.
This isn’t even supported by some of the facts we know, where apparently our wage offer to Luka Modric was way better than Tottenham offered him.
Also Arda Turan of Galatasaray has already said Newcastle have offered him Â£2M/year in wages, and he’s just 21 years old.
If we were honest, a lot of our players aren’t worth the money we pay them, and it seems like the new regime is bringing some equality into the wage structure – what a concept!
We don’t think it’s disastrous that Newcastle trim the wage bill, but if they make it Â£40K/week it just will not work, and Mike Ashley didn’t get to be a Billionaire, by being stupid.
We should take this story with a large pinch of salt, and if anything, the only truth we see is that Newcastle are trimming their wage bill.
The club will allow those players who have not performed well, like Rozehnal, Ameobi, Carr, Duff and Emre, but are on huge wages, to leave the club.
We can just see the top players saying – don’t go to Newcastle, you can only make Â£2M/year there, boy that must be tough. 😀
Finally, before everybody comes up with the obvious – Alan Smith must also go.