There is more of the long interviews the Newcastle Journal and Evening Chronicle had with Newcastle’s Derek Llambias on Monday, in this morning’s Journal.
Derek Llambias – Managing Director talks some more this morning
Llambias is forced to concede today that the new Board’s lack of communication had been the biggest single mistake they have made. Well that’s been obvious for months, and it’s almost unimaginable they have let that silence go on for so long.
“We freely admit we have made mistakes and we put our hands up.”
“But now we’re in a position where Mike is back on board and we’re not selling the club.”
“We apologies and I personally apologize for the miscommunication. We did not deliberately offend anyone.”
That is the apology they issued yesterday, but Derek goes on to say they are keen to put their first 20 months of big mistakes behind them, as they look to the future.
“We inherited a bucket full of holes in it and we have had to repair those holes before anything else,” “Our intention is to go back on the track we were on before with our business plan.”
“We are trying to get away from dating (payments) so that we don’t have huge amounts of money going out.”
“We are trying to pay up front. People like (Fabricio) Coloccini, Xisco and (Jonás) Gutiérrez, we own those players, but that wasn’t the case before we got here.”
“It’s like buying a car on hire purchase, but then it gets written off, but you still have to pay for it. That’s how the business was being run, they ran it on credit.”
“It’s not a case of throwing hundreds of millions at it. We aren’t trillionaires.” “Man City will throw whatever they need to throw at it but how long will it take them? And how much will they spend?”
“They will have to spend what, £600M, maybe more, the way they are going. We haven’t got that, nobody has got that money, even Chelsea are struggling.”
“We want to be up there, of course we do, but it will take time. That’s why it will take time to invest heavily in the future with young players.”
“This summer we spent £2M on kids – that (is what) we feel we should be doing for the future.” “Obviously we have to support our first team, but three or four years down the road . . . some of the talent we have got in is fantastic.”
“We’ve spent money on the backroom staff of £1m. That will increase with the foundation and the center of excellences as we grow.”
“We see our future with bringing in both home-grown and international players.”
We don’t have to spend £100M on players, like Man City seem determined to do. A good team can be built up by some savvy signings and a good youth policy.
Both Arsenal and Everton have proved that, and we’ve made some excellent buys last summer and in January, and it didn’t cost us much at all.
Getting Gutierrez, Guthrie, Bassong, Lovenkrands, Nolan and Ryan Taylor for around £10M is great business by the club, and we’d love to see that continue in the summer.
We’d much rather buy players like Roque Santa Cruz or Dimitar Berbatov, like Blackburn and Spurs did, before they become famous.
And there’s little doubt that some of the youngsters we have brought in during the last 13 months will make the grade at Newcastle.
So the long term policy at the club seems strong, now that we know a little more about it.
What do you think?
Comments always welcome.