With the news today in the Sunday Sun that the Newcastle club have clarified no money will be made available to Newcastle for transfers this summer that will put Manchester City defender Nedum Onuoha and even Cardiff City midfielder Joe Ledley out of reach for Newcastle United.
Joe Ledley – free agent but will cost around £3M
With no money available then Newcastle manager Chris Hughton will indeed be forced to bring in those free agents who are free, and any loan signings he can make.
We mention the free agents must be free – because Joe Ledley of Cardiff City will cost about £3M in compensation to his home town club.
Ledley will become a free agent at the end of June, but because he is not yet 24 years old, Cardiff can claim compensation for the player.
That compensation is estimated to be about £3M, which any club acquiring the free agent would need to pay to Cardiff City.
And it even turns out that is only true if Joe moves to a club in the Premier League or Football League – and if he moves to Rangers in the Scottish Premiership – a club said to be interested in Joe -then Cardiff would get absolutely nothing.
But a budding 23 year-old player would hardly want to go to Scotland with their bad pitches up there and inferior competition to further his career – although he will get European Champions League football.
Joe has already played close to 300 games for Cardiff and Wales.
But it looks like Joe’s another player out of range for Newcastle this summer.