Newcastle seemed to strike a good deal for Andy Carroll, and not only did they bank an immediate £30M in cash, but also will get 25% of any Carroll transfer sell-on in the future.
Mike Ashley – club will get 25% of next Andy Carroll transfer fee
That’s in excess of the £35M
This means that Newcastle United will be well positioned in the summer transfer market, and as is the Newcastle policy with transfers these days, the fees for incoming players will be paid 100% up front.
No longer will the club be paying transfer fees years after the player was signed, and often when the player has already left the club after being a flop, which happened too many times in the past under Chairman Freddy Shepherd.
Players like Marcelino, Boumsong and Luque, to name but three, were huge flops on Tyneside, and cost big money, that Newcastle were paying often when the players had already left the club – another example of that was Damien Duff.
Xisco is the latest example of somebody who cost big money and will just not make the grade at Newcastle United, although that fee was paid in full up front.
Newcastle also have learned from past poor deals – like when they sold James Milner to Aston Villa as one example – and have inserted a 25 per cent sell-on fee in the deal with the Anfield club, and took advantage of Liverpool coming in for Carroll on the very last day of the summer transfer market. It seems a case of put up or shut up – and Liverpool put up.
So if Carroll get sold in the future for say £59M, then Newcastle will get 25% of £24M (£59-£35), which would be £6M.
If Newcastle had done a similar deal for James Milner – Newcastle received £12M from Villa for him in August, 2008, who was then sold on for £25M last August – the club would have received 25% of £13M ( £25- £12) – the difference in the transfer fees when Villa sold Milner to Manchester City. Newcastle would have received £3.25M from Villa for that deal last August.
Alan Pardew is now hoping to use that money by spending big to strengthen the Newcastle squad in the summer, with two top strikers as a first priority, but then Alan will also want to bring in some wingers and at least one full back.
Note – We are running a poll on our home page about whether you think Mike Ashley will use the £35M in the summer, to strengthen the Newcastle squad – please vote.