The news from Newcastle in the transfer market today, is that the fans shouldn’t expect anything to be done until the last day of the transfer window, and maybe late in the day too.
And the likelihood is that they could come from some of the bigger clubs, who have massive wage bills, like Manchester City and Aston Villa, as two good examples.
The Financial Fair Play rules will be introduced by UEFA next season, and basically what they say is that European football clubs have to balance their financial books, and can only buy players from the money the club actually generates.
If any club doesn’t do this, they will be barred from participating in European competition.
There will no longer be Billionaires coming into clubs, and spending hundred of millions of pounds, over a couple of years, literally buying a new team, which has been seen at Chelsea and Manchester City over the last eight years.
Where’s the competition in that?
The biggest expense to football clubs by far are the wages they pay out to their players, and currently there are some clubs in the PL, whose wage bills exceed their revenue, which is astonishing, to say the least.
So when it comes to say 6:00pm next Monday night, the Manchester City hierarchy, as just one example, will need to reassess if they will still continue to ask clubs taking their players on loan, to pay their full wages.
It’s a good deal is they can get it, but we very much doubt they will continue to insist on that, it if it means the player stays with them.
If the clubs don’t ship the player out, they will be left with their full wages still on the books, and the players they are trying to sell are fringe players, who rarely ever get a game.
So these clubs will need to sell the player or send them out on loan or sell them this summer, to meet the Financial Fair Play rules next season.
It will help if the players are shipped out on loan in January, as the clubs taking them could do the full transfer in the summer.
Newcastle are holding off on Stephen Ireland, because it’s obvious Aston Villa boss Gerrard Houllier will not play him again at Villa, and then the Midlands club will have to pay out Stephen’s huge £65K/week wages, and get nothing in return – which is hardly good business.
Newcastle have proved over the last 18 months they can make some good deals in the transfer market, so we’d be surprised if at least one and maybe two players don’t arrive at the club by the end of the window.
But we will likely have to wait until late Monday night for those deals to be executed – because that’s when push comes to shove.
It could even be a long night on Monday.