It’s interesting that after our article yesterday, indicating that Newcastle will not be signing big fee players in the transfer market, but they’ll be making them, Nottingham Forest manager Billy Davies has come out and said Newcastle will need a £60M war chest this summer.
Billy Davies – Newcastle will need £60M transfer chest
Our first reaction is that is the last thing somebody like Mike Ashley wants to hear, because the club just hasn’t got that sort of money, but the second is we think that’s nonsense.
Big money transfer fees is what’s completely ruining world football at the moment, and ordinary players are going for ridiculous amounts.
That hopefully will soon come under some financial control when Michel Platini, UEFA’s President, gets his plans in action to curtail this stupid spending of money that clubs just don’t have.
His basic plan is to have clubs spend only those amounts they make in their business, but it’s a bit strange that Platini has to force clubs to do that, because after all clubs are now businesses and must spend within their means.
If they don’t do that then they’ll go bankrupt, and we are starting to see that with various clubs like Portsmouth, as just one example.
But first of all let’s take a look at what Billy actually said:
“For teams like Newcastle and other teams that go up it is a very difficult task they will be facing,”“When I went up into the Premier League with my former club Derby, that year Tottenham Hotspur were already a very good Premier division side and Tottenham spent £50M on top of what they had.”
“But Newcastle is different from other clubs that have been promoted because of where they have come from. Don’t forget the wonderful job that Derby did coming from being financially in trouble and getting promotion after 11 months, and then it is a huge task for clubs like that and clubs like Forest and other teams.”
“Newcastle are already sitting here with a budget that exceeds X amount of pounds with a squad depth that carries huge experience. They are more equipped than any other team in this division.”
“But they will still need to spend and, as a greedy manager, I think at least £40M for the first window and £20M for the second is what is required.”
We don’t think big money buys is the way the club is going to go in the summer, because the club has shown over the last couple of years that some bargain buys, like Seb Bassong, Mike Williamson and Danny Simpson can be found for peanuts, compared to amounts like £40M.
Not to mention Newcastle’s record of big money buys is hardly impressive.
And then there’s the players we are building through the Youth system, and yes, that takes time but we are already seeing good players like Tamas Kadar and Andy Carroll coming through well.
Both will only get better next season.
Billy continued by talking about the Newcastle club as an animal:
“This animal is ready-made for it, but of course it will need a new injection of players. There are a huge amount of players in the squad who you would have to say are top, top quality such as Jonas Gutierrez and Jose Enrique. They are top players.”
“It is entirely up to the club what they do but they have very good experienced players here. Gutierrez, Enrique, Ameobi – you can go through this team. This team are more equipped than other teams have been in a similar position.”
“They deserve great credit for getting into the Premier League, but they know themselves that it is a huge task to try and it takes huge spending to compete with the people that are already in there.”
“They have the quality and the experience if you look at the depth of squad.” “I am sure the management staff will want to change it around and add to that which I think will certainly happen.”
“But if you look at the team and look at the quality and the people they have got you would have you say that Newcastle United, having come form where they have come from, having experienced what they have experienced, have a good chance.”
“The club’s infrastructure cries out for Premier League football whereas other clubs that are trying to get there, who deserve wonderful credit by the way, are still working on their infrastructure.”
Some good words for the Newcastle club there from Davies.
The way forward for football clubs in the Premiership cannot be to have available a huge transfer chest for players, because clubs just don’t have the money.
Don’t forget that when Liverpool, for instance, say they will make money available for big players in the summer, they don’t have the money.
They are already loaded in debt, and it simply means they will go further into debt to give the manager some money to spend in the summer for new players.
That’s just exactly what Portsmouth did when Harry Redknapp was at the club, and look what happened to them.
There’s something terribly wrong with a business doing that, and it has to be brought under control.
Getting back to transfer amounts, the maximum we think will be made available for Chris this summer is £20M, and the club will also look to sign at least two top class youngsters for season long loan deals.
If the only way forward for clubs to stay in the PL is to have to spend £60M on players, then the PL will not last for very much longer – it’s will just be unsustainable for clubs.
And remember Billy says Newcastle are the most ready to re-enter the PL of all clubs in the Championship, so if a club like Swansea City get promoted, then heaven knows how much Billy will think they need to compete in the PL.
There’s one thing for certain, club just don’t have that amount of money.
Well, that’s what we think.
Let’s have your comments on this important topic.