Two Newcastle statements in two days – as the club have just released another – much shorter statement than Sunday’s and it’s good news.
Mike Ashley – no loan repayment
This is what the Newcastle statement said today:
“In relation to recent media speculation following the statement made by the Club on May 9, Newcastle United would like to make it clear that owner Mike Ashley is not looking for his interest free loan to be repaid, or to take any money out of the Club.”
That’s good news.
That’s been released to probably quell most of the poor reviews the initial statement has received – but we think the most important line in the initial statement has been misconstrued – completely.
The following is the bit that upset fans most – and it seemed like it meant that no money would be made available to Chris Hughton for new players in the summer.
“The first team squad that won the Championship this year will form the basis of the team for next season in the Premier League. There is no plan for new capital outlay on players.”
We just put out an article explaining that no capital expenditure on new players, the statement that is worrying lots of Newcastle fans, doesn’t mean that money will not be made available to Chris Hughton to buy players this season.
It would have been very good if Newcastle could have also clarified what that statement meant too – but maybe tomorrow?
We think we know what it means – read about it here.
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