Newcastle United will face some problems with their players contracts, if they are relegated this season, which seems increasingly possible, after yesterday’s 3-1 defeat by Arsenal at St. James’ Park.
Mike Ashley – will have work to do on squad if relegation happens
The News of The World is reporting today that the club have made no provisions for relegation in top stars’ contracts. But it’s the NOTW on Sunday, so we need to take this with a little pinch of salt.
It also reports that Sunderland will decrease the wages by 40% if the team is relegated, but there again Sunderland have more experience being relegated from the Premier league.
There are a number of players who Newcastle will not be able to keep.
Top earners like Oba Martins and Damien Duff have deals that legally will see their £3M-a-year deals hold firm, with Jose Enrique, Alan Smith and Fabricio Coloccini also on £2.5M-a-year contracts. Those salaries of course would cripple the club – but that’s why clubs sell their top wage earners when they are relegated.
We suspect that Newcastle are right now going through who they will be selling and who they will be keeping if they do get relegated, and we would suspect that Owen, Martins, Smith., Geremi, Coloccini, Enrique, Cacapa, Gutierrez, Barton, Duff and Xisco would all be on their way out of the club this summer, simply because their salaries are too high compared to their worth to the club in the Championship.
Of course, on the other side of things, some players will just not stay at Newcastle to play in the Championship.
Newcastle may well try to keep Beye, the two Taylors, Harper, Nolan, Butt, Guthrie, Ameobi, Carroll, Bassong, Edgar, Lovenkrands, and then bring in other players to replace those who have left.
But the class of player brought in, and the wages Newcastle can pay, will depend on which league the club is in.
Don’t believe those fans who say it’s the best thing that could happen, because we’ll lose some good players in the process, and it’s not a given Newcastle can come straight back up.
There will also be severe damage to our image and brand – as one example we are one of 5 clubs that represent England to UEFA – the other four being the real top four of Manchester United, Arsenal, Chelsea and Liverpool – how far we have fallen. So you can see relegation would have lots of repercussions, none of which are very good.
We had hoped not to have been forced to discuss this possible eventuality, and Newcastle could still stay up, but the defeat yesterday against Arsenal, and the upcoming games, specifically the next one at home to Chelsea, make Newcastle fans wary that relegation is becoming a real possibility, if not yet a probability.
And as far as Mike Ashley is concerned, his investment in Newcastle will take massive hit, because it’s hard to see how the value of the club wouldn’t drop by at least half, if we are playing in the Championshiop.
As we said there are bad repercussions for everybody.