Sunderland Chairman and former player Niall Quinn has come out today and said he wouldn’t be surprised if Chris Hughton has loads of money to spend this summer.
Niall Quinn – Sunderland Chairman
Niall played 203 times for the Wearside club scoring 61 goals and played 92 times for Ireland scoring 21 goals.
He headed the Drumaville Consortium of wealthy Irish businessmen who took over the Sunderland club in the summer of 2006, and Niall took over the Sunderland Chairmanship in July of that year, and has been Chairman ever since.
Ellis Short, who was born in Missouri, and is an American businessman is the current owner in Sunderland. He purchased part of the club from the Drumaville Consortium on September 25, 2008 becoming part owner, and then completing his takeover in May of last year.
He is the president of the Texas based company Lone Star funds.
Today the Sunderland Chairman Niall Quinn has suggested that the recent curious statement by the Newcastle United club may well be a cover – and that the club are still thinking of giving Chris Hughton considerable transfer funds this summer. We certainly hope so.
Niall Quinn said today:
“Newcastle could be playing a clever game. They may have set themselves up a little bit when Mike took them on, there was a new pressure because he was bringing so much money into the club, the outside world thought ‘This is it, Newcastle are going to be in the top four’.”
“This time around I’m sure they’ve learnt an awful lot to give a lesser message out and anything better is a bonus. I wouldn’t be surprised if Chris has loads of money to spend.”
“We’d all aspire to breaking even but the problem is it’s so competitive sometimes if you’re off course and in danger of being relegated you gamble to put a bit extra in and get yourselves back on track. That’s why clubs outside that top eight do what we do.”
“Blackburn had their heyday with plenty of money in but now they’re cutting their cloth accordingly. Newcastle are giving out that message of where they need to be.”
“It’s a safer bet to talk that way than they did last time. I wouldn’t be surprised if Chris Hughton had a load of money to spend.”
We have to hope that’s true and at least Niall is experienced in managing transfers and the like for the Sunderland club, so he knows what he’s talking about.
There’s really no way to know if this statement by Niall could be true, until new players come through the door, and we’ll see if we are paying transfer fees out later this summer.
That doesn’t stop Chris looking at bargain buys, free agents and loan signings as a first priority either, as he seems to be doing right now.