The Sunday Mirror is reporting today that Newcastle manager Chris Hughton will be handed his first transfer funds of the season in January.
Chris – will get some funds in January
And that good news is further enhanced by the news that Tyneside businessman Barry Moat may have his £80M takeover of the club accepted this week.
That’s what’s being reported today in the Sunday Mirror, and we did report ourselves on Friday that the relatively small payment made to Kevin Keegan will only help accelerate the sale of the club, and the departure of the disgraced Mike Ashley.
There are reports that Mike Ashley (right) is ready to fund Hughton after the constructive dismissal case with Kevin Keegan and since a sum of £8M had been part of the Newcastle business plan as a possible pay-out to Keegan, the remaining funds will be given to Hughton to strengthen the squad in January, either with direct signings (such as Danny Simpson), or additional loan signings.
But we are really not too interested in having Ashley around for that length of time, since his reputation and standing at Newcastle following the arbitration decision, is now at its lowest level ever – and that’s saying something.
The Mirror is reporting that both Ashley and Moat are agreed that team strengthening in January would be a good move that could produce big dividends at the end of the season. Wow – what a concept.
Chris Hughton has signed Danish international Peter Lovenkrands and brought in loan players Danny Simpson, Marlon Harewood and Zurab Khizanishvili, and has Newcastle 3 points clear at the top of the table, even though with 2 home wins in the last 5 days that figure could well now be 7 points.
But Ashley knows that with a couple of additional signings, Newcastle could bounce straight back into the Premier League.
We have tyo hope that Ashley will sell the club quickly, and then the new owners and Chris can extend the support system so the club can bounce straight back into the Premier League.
There’s nothing like having everybody rowing in the same direction for the sake of the club – which must now come first from now on – in front of any personalities who may be at the club – or their inflated egos.