The News Of The World Is reporting that Newcastle may be able to sell Fabricio Coloccini to powerhouse club, Fenerbahce, of Instanbul, Turkey.
Fabricio Coloccini – offloading him to Fenerbahce?
It seems that Newcastle are getting some kind of control on their finances, with the club’s overdraft reduced to £20M of the £39M available.
Presumably that has been because of the money (around £23M – but that will not all come immediately of course) from the sale of Martins, Beye, Bassong and Duff.
We also reduced the wage bill by about £10M/year on the club’s wage bill in selling those four players
We’re not sure if the news that Newcastle want to sell Fabricio Coloccini for a £3M transfer to Fenerbahce is true, since we lose a cool £7M on his transfer in a short 12 months.
But with various reports suggesting Fabricio’s on around £70K/week, as long as we bring in another solid center back in – like Matthew Kilgallon of the Blades or Andy O’Brien from Bolton, who of course was at Newcastle during the golden Bobby Robson years, we would probably be just fine.
Fabricio was not worth his transfer fee nor the wages he is on, although his big advantage is he can play almost every game.
He’s hardly ever injured and when we have a small squad, that gets to be important. The other big incentive for the player is that he still has a chance to play for the Argentine in South Africa next year.
The wage bill will be further reduced by around £3.6M if Fabricio leaves, and that may be good since he’;s hardly a footballer we’d like to keep in case we are promoted this season, since he wasn’t convincing in the Premier league.
That will take the wage bill down to around £44M, and there is a good chance that be can ship Xisco off to Racing Santandar.
But the Tyneside club is probably over a barrel with £5.7M signing Xisco, because Racing may not be able to pay all his wages of £50K/week.
This lad has been a crazy buy by the club, although it’s not Xisco’s fault that we paid £5.7M for him.