We know a lot of Newcastle fans were surprised when the transfer of Fulham’s Jimmy Bullard, for £5M, went though smoothly yesterday, when Jimmy signed along the dotted line for Hull City.
Jimmy Bullard – went to Hull City yesterday for £5M
We thought that Joe Kinnear didn’t rate the player, because he’s been wanting away from Fulham for some time, and of Newcastle had wanted him we could have been in there in early January.
We think Joe has to be careful about getting players that can do the job for us through the end of this season, and players who can do the job long term, and at 30 uea5rs old Jimmy would not be one for the future, although he should be able to play a good 5 years yet.
We have to day we’re a bit surprised because Jimmy has played extremely well these last two seasons, and Fabio Capello has even called him in to the England squad.
Stephane Mbia is a good player, but at 22 years old he’s not proven in the Premier League, and is apparently twice the price of Jimmy, and you know exactly what you’re getting from Bullard, who can perform better than most in the Premiership, and is a box to box midfielder, in the same vein as Joey Barton.
Add to that his fighting qualities, and he would have soon been a crowd favorite on Tyneside.
But in today’s Newcastle Journal, the player was said to be looking for a four-year contract on wages of more than £50K a week, a figure Newcastle did not want to meet, with their wage bill far too high already.
It must still have been tempting for Kinnear, because we think Jimmy’s transfer to Tyneside would have been well received by most fans, after all he played a huge part in keeping Fulham in the Premier League at the end of last season, with some sterling displays of guts and skill.
We can solve the wage bill problem big time in the summer by not renewing the contracts for Viduka, Smith and Cacapa, and with Michael Owen also leaving that could amount to a savings of £270K week in wages if those four all leave. That’s £14M a year in savings.
The statements of the financials from the Newcastle club basically show that Ashley has wiped out the debt, so we look good from that viewpoint, but we still have a mismatch in that we are spending more than we are bringing in, and the biggest expense out of whack seems to be the wage bill.
Of course we’d need to bring other players in to replace the above four, but they’re likely to be younger and on lower wages.
And since Joe passed on Jimmy Bullard, we can only assume that Joe has better options on players in central midfield, who will be coming to the club in the next 9 days. 😀