Newcastle New Pay Policy Not Too Rigid

We have a hard job believing Newcastle’s new thrift financial management practices, culminate in having a strict pay policy for their players.

Mike Ashley – new thrifty finanacial management at Newcastle

Yes, Newcastle need to get their financial house in order, and yes they need to stop paying average players ridiculous amounts of money in wages.

And that’s exactly what they are doing,  but it doesn’t mean that the policy on wages is strict and can never be broken.

Steven Taylor is said to have been offered £45K/week to sign his new contract, and the news was that Ben Arfa had asked for big wages at the Newcastle club, but that didn’t stop him signing on at Newcastle for the season, and presumably he’s satisfied with the wages he is getting on Tyneside.

And news today in the People that Newcastle owner Mike Ashley was all ready to bring Tottenham striker Robbie Keane to St James’ Park on a season’s loan and help pay some of  the high wages he is getting, for sitting on the bench in north London.

Newcastle still have several £60K-a- week players in their squad still (Joey Barton, Alan Smith ….) from the previous regime,  but Ashley is making better deals on wages with the new players he is bringing in, such as James Perch, Danny Simpson, Cheick Tiote and the like.

And Newcastle seem to be able to make some good deals in the transfer market as the 9 players they have brought in this year – Wayne Routledge (£1.7M), Danny Simpson (£0.5M), Mike Williamson £(1M), Leon Best (£1M), James Perch (£1.5M), Sol Campbell (free), Dan Gosling (free), Ben Arfa (£0.8M loan fee), Cheick Tiote (£3.5M) have cost only £10M.

Those transfer fees are only best estimates, since the club doesn’t disclose the transfer fees.

It’s hard to make money out of owning a football club, and most owners are in the game as a sort of hobby and for ego purposes, let’s face it.

It seems like Mike is trying to break even on the running costs at Newcastle, if he can do that, and for people to suggest that he was getting £7M out of the club every month, as the NUST did earlier this year, tell us they have no idea (with the emphasis on no) how a business is really run.

So Newcastle certainly are more frugal than in years gone by, but if this year is anything to go by, it hasn’t stopped Newcastle from significantly improving the quality of the playing staff,  as all nine new players were among the 23 man squad named last Wednesday.

Comments welcome.

15 comments so far

  • Solaidback

    Sep 5, 2010 at 11:12 AM

    Comment #2

    Ed, I don’t think it’s actually be said officially that the club has a restricted wage policy, it was siad that there would be a wage cap but no figure was put on that & it’s only the crap-loids that said it was £15k/week last season & £25k/week this season, thats never been posted on the Official Website by SJP, so imo I think Ashley will give what wages he thinks a player is worth & as we’re not getting any primadonnas in these days, gone have the days of £115k/week wages… 🙂

    Also , all new players will have a relegation clause in their contracts, so that if we do get relegated again, their wages will drop to around £25k/week & that is why Stevie Taylor isn’t signing his new contract because he still want £45k/week even if we’re relegated & thats from a player who says he love the club.. mmmmm

  • cupiddstunt

    Sep 5, 2010 at 11:50 AM

    Comment #3

    I remember reading somewhere very early on in the MA regime that he was prepared to (put in) loose up to 30mill a year in the running of the club.
    Now if the disenchanted fans and their none stop abuse have made him change his mind then I can understand that but I think if you look at the makeup of the man you can see that there might be the ring of truth about the claim.

    For a start he likes a little bit of a gamble, I think that is well documented, and owning and running a football club is if nothing else a huge gamble I think the man gets a buzz out of the challenges the proposition presents.

    Yes he made mistakes in the beginning, employing the poison dwarf and the rest of the cockney mafia, but we all make mistakes when we tackle something new. He appears to be putting things in order and we are now working in the right direction.

    The doom and gloom merchants will continue to go on about how he will sell the good players as soon as they show promise but that is totally counterproductive to the development of the club, just take the time to think on it and you will see that to sell a player for a couple of mill is not as good business and keeping that player and getting into Europe where the prize is 50 to a 100 mill, I do not think it takes a brain surgeon to work out which is the better option.

    Although reading some of the posts on here it is pretty obvious that there are plenty of numb nuts that are totally incapable of seeing simple good business and MA if nothing else is a sound businessman.

    So keeping wages in check employing a relegation clause, probably putting good performance bonuses in place, so quite simple …no performance no bonus, so basic wage scenario.

    I would give STaylor his apparent stupid egotistical wage demand on the grounds that every time he made a stupid blunder he paid the club back that weeks wages, I just wonder how many weeks it would be before he was bankrupt.

    We are able to consult the Actim system so there is very few places to hide on a football pitch now.

  • CT

    Sep 5, 2010 at 12:28 PM

    Comment #4

    “Cupidst” Agree totally! MA is a biz man, He knows level playing field coming soon! Platini reiterated only last week new policy gone too far for u- turn ie; “CLUBS WILL NOT BE ALLOWED TO SPEND MORE THAN THEIR INCOME” Where is that gonna leave Manure, Shitty, Chelski P00l, Barca etc. Up sh-t creek, thats where!!! No need to sell. Stick with Ashley,he now running the club properly! 2-3 seasons time we could be back up there, scouting policy now paying dividends!

  • GeordieGerman

    Sep 5, 2010 at 1:13 PM

    Comment #5

    Strange how Ashley has gone from being one of the most hated owners in football to one of the most respected…

    … And I am very quickly becoming one of those who respects what he is doing.

  • Davies

    Sep 5, 2010 at 3:51 PM

    Comment #6

    No matter how much I disliked it, appointing Denis Wise to bring in young talent was actually a good idea. Though Wise has now gone, that ethos of scouting good talent has stuck and I’m very happy about it.

    The only problem with that little dwarf was that he climbed above his station and put Keegan’s very sensitive nose out of joint.

    I also think bringing Keegan back was a mistake, as was employing Kinnear. Water under the bridge now though. We’re actually looking pretty good these days.

  • CT

    Sep 5, 2010 at 3:57 PM

    Comment #7

    Ashley boll—ksed it up, underestimated the passion! He as much as said so in his statement! Time to look forward but no miracles are expected! As long as the team continue to fight with the same passion we`ll be ok. Anything else will be a bonus.

  • chuck

    Sep 5, 2010 at 5:38 PM

    Comment #8

    It`s no secret MA was responsible for some major mistakes during and following his assuming control of the club.
    We are all aware of the no due dilligence, plus his choices in hiring people to run the club and even to this day his choice of a no football experienced Llambias.
    He never the less lucked out on his appointment of CH as manager and i believe there`s a general concensus that CH is for the most part responsible for the clubs turnaround.
    It`s obvious he has not only gained the respect of the players, introduced a sense of confidence, tactical nous and team selection to match the particular opponent`s.
    All this and at the same time, reviving the scouting system, employing a rebuilding system,
    bringing in new faces, some Journeymen, others prospect and in this window two proven top players, BA & Tiote.
    Again all this on a restricted budget and does he get any plaudits? no, MA gets the credit, go figure.
    Look the guy should be in line for a massive wage increase following his accomplishments over the last year, but cant even get a decent contract, shamefull !
    What else does he have to do, walk on water ?

  • CT

    Sep 5, 2010 at 5:57 PM

    Comment #9

    Chuck, CH deserves a lucrative new contract which he will get, but it better be sooner rather than later. Reports today suggest A. Grant has 3 games to turn W.HAM around or he goes. CH wants to stay our manager long term,said so again today, but???????? MA needs to sort it and tying Tayls down too will also help.

  • baro

    Sep 5, 2010 at 6:47 PM

    Comment #10

    I love our new policy. It might not be the best right now but in a couple of years it will be awesome. We are getting players for the future which is just absolutely perfect. I really miss Dennis Wise’s scouting network for the youngsters. He finds the best youngsters and brings them to Tyneside. We really miss getting those 16,17 year old wonderkids.

  • CAToon

    Sep 5, 2010 at 7:16 PM

    Comment #11

    Not sure if CH deserves a lucrative new contract, he does deserve to be rewarded (bonus) if the club meets certain targets, e.g. finishing above relegation or top 10, something like that. Even if some one like A Grant were to be available, CH has shown he understands the team’s chemistry. This is an intangible few NUFC managers, King Kev and Kinnear included, could figure out. CH seems to know which players work best together. Wages, it seems, do not figure into his equation of who plays and who sits.

  • CT

    Sep 5, 2010 at 7:56 PM

    Comment #12

    CAToon.— Not suggesting for 1 mo we consider A Grant! CH is virtually a cockney, Gold and Brady will Know CH compo will be peanuts?? Work it out for yourself!


    Sep 5, 2010 at 9:11 PM

    Comment #13

    Think myself chris will get a better contract also think steve taylor will stay now.Only a stupid boy would not want to learn from a legend like campbell.


    Sep 6, 2010 at 4:28 AM

    Comment #14

    CT why would chris want to leave us to go to west ham dont make sense.I would rather have our owner, than the 2 plastic gansters that are running west ham

  • CT

    Sep 6, 2010 at 11:35 AM

    Comment #15

    TTT–Not saying CH wants to leave, but on his current contract he`s a prime target to be poached at little compo!! Need to get his contract sorted pronto!


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