Newcastle Are A Great Club – But Financial Situation A Worry

Former Newcastle manager Ruud Gullit has come out today and says he thinks it’s great that Newcastle United are back in the Premiership.

Ruud Gullit – spend or be relegated

Ruud was a very popular choice as manager after Newcastle sacked Kenny Dalglish in August of 2008, and appointed Ruud, and at at that time there was talk about sexy football on Tyneside.

While Ruud did quite well in his first season, and Newcastle reached the final of the FA Cup, only to be beaten 2-0 by Manchester United, the next season was a disaster.

Newcastle made a terrible start to the 1999-2000 season and Gullit left Shearer on the bench in a home game against rivals Sunderland, which we eventually lost 2-1 in a downpour – and Chairman Freddy Shepherd sacked Gullit that night.

Basically the players revolted against Gullit, who had left Rob Lee without a first team number that season and had him train with the Youth team.   That was an idiotic move by Ruud and we’ve never understood why he tried to belittle Rob Lee that way.

The great Bobby Robson was then brought in and Newcastle had five years of success and European Champions League Football,  before Freddy decided to sack him too. Oh my.

To be fair to Ruud, he was a gentleman once he had been sacked, and he refused to take any wages in compensation, and remains a fan of the club.

This is apparent in his words today, but he says Newcastle must buy new players or face the consequences:

“It’s great the way Newcastle came right back – and the way they did it, in style, was fantastic. It can be very hard to play in a different league.”

“But they need to buy new players and there’s no money. So, can they stay in the Premier League with this team? I don’t see it happening.”

“They’ve already made a loss this year. There’s no money.”

“Some people talk about fans having too high expectations but that’s not true in my opinion. I think they have a right to want their club to do well.”

“Newcastle United are a great club and they have got massive potential. Their situation is a worry. It doesn’t often happen that teams who get promoted stay in the top division for a long time.

“We have seen it with the clubs going down at the end of last season.”  “The budget is a problem. The gap between the top six teams and the rest is too big.”

“It’s massive. The Premier League can only be successful if everybody can have a chance to win it.”  “What should make the top flight attractive is if you can lose to anyone. Nowadays that just doesn’t happen.”

We really don’t know if any transfer money will be made available to Newcastle this summer, but we find it hard to believe that £10M couldn’t be made available to help secure a few players on a permanent basis.

And with say two good loan signings, we are hoping that will be enough to allow us to avoid a relegation scrap next season.

We’ll see.

Comments welcome.

11 comments so far

  • hitman

    May 23, 2010 at 10:38 AM

    Comment #1

    yo-yo club..

  • sirjasontoon

    May 23, 2010 at 11:01 AM

    Comment #2

    Could be that way Hitman.
    Be a long hard season if the team isn’t bolstered,if Mike can’t back the team properly he should get rid of it and move on.

  • greekgeordie

    May 23, 2010 at 11:04 AM

    Comment #3

    There is the general idea that teams promoted to the PL are label Yo-Yos but NUFC is not a team that got promoted on a year’s over avhievement, the Club belongs to the PL and the infrastructure is already there, Yes new players are needed but this can be done on a say £10 M budget and a couple of loanees

  • boater

    May 23, 2010 at 11:34 AM

    Comment #4

    we sacked dalgliesh in 2008? how time flies eh.

    He’s talking rot. We are not just any team that’s been promoted – our squad was built over many years in the premiership unlike hull, burnley, west brom or whoever he’s comparing us to.

  • WLtoon

    May 23, 2010 at 11:56 AM

    Comment #5

    @3 I agree

    ioM would be enough i think along with a few frees and loans for next season.
    I too cant see why that relatively poultry sum of money cant be made available.
    I think we,ll struggle but be ok,hopefully.

  • eddief

    May 23, 2010 at 12:25 PM

    Comment #6

    The reason Gullit did not give Lee a squad number was simple – Shearer!

    He hated Al that much he wanted him out the club (see comments he made during Euro 96 about him not worth 15mill) so he tried to get rid of his allies at the club and his best mate was none other than Rob Lee.

  • noir9

    May 23, 2010 at 1:21 PM

    Comment #7

    Watched a bit of the sunday supplement on sky & they seem to think that we will struggle unless chris is allowed to buy. One of them even tipped WBA to stay-up instead of us, hope there predictions are as accurate as they were last season

  • jimiley

    May 23, 2010 at 2:08 PM

    Comment #8

    Gullit is talking rubbish. This current team will finish 8th. We do not need any players. We well never win the league unless an Arab buys it for us but we do not need the fat man or his pennies and loan signings in order to finish mid table. How can a club in the top 20 financially in Europe, with no alleged debt and an owner worth a thousand million not have any money to buy players? Hold your head in shame greedy fat man!!!

  • bri_2k4

    May 23, 2010 at 2:14 PM

    Comment #9

    i think 8th is atainable providing we get off to a good start hopefully get a lesser team at home first game to start us on a good footing then take it slow we do need to sign players our squad is to small we luckily scraped through most of last year remember february when we all thort we were going to impload as all our main players got injurd

  • Hugh G Hampton

    May 23, 2010 at 2:21 PM

    Comment #10

    “This current team will finish 8th. We do not need any players. ”

    Completelly and utterly deluded.

  • hitman

    May 23, 2010 at 3:02 PM

    Comment #11

    jimley your talking shite


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