Alan Pardew 100% Sure Carroll Cash Will Be Reinvested

The Newcastle  manager Alan Pardew has been interviewed by BBC Newcastle today, and he has said that he is absolutely 100% confident, the Carroll Cash will be reinvested into the Newcastle  club.

Mike Ashley – will reinvest all of Carroll cash

Newcastle have £35M available from the Carroll transfer, and £30M of that is in cool cash, and there could be more money that Ashley would have made available if Carroll had not been sold and was still at the club.

This is what Pardew told BBC Newcastle today:

“Mike Ashley has made that commitment that the money will go back into the club,” “I’m sure 100% that he will and it’s my challenge to spend the money wisely.”

“I didn’t get chance to replace him really, we made a few calls and were getting responses that were comical in terms of figures coming back, so we couldn’t waste the money in terms of paying an over-inflated price for someone who wasn’t as good as Andy.”

“The most important thing from that deal was that we got over the line, because then we get the opportunity to spend the money to strengthen the team overall.”

“If you’re going to mold a team, then you have to have that assurance, and they gave me that assurance.”  “In terms of the transfers, when I came in here, I said: ‘Look, you’ve obviously got a scouting system here, but the rubber stamp has to come from me.”

“If you’re going to mold a team, then you have to have that assurance, and they gave me that assurance.”  “In terms of the scouting team I’ve got, I’ve got Graham Carr here who was the main instigator in Cheick Tiote arriving, and Ben Arfa, so I think I’ve got to take good advice from him.”

“We’ve been working together, in this last period of three or four weeks, so that we target and get the right sort of player.” “Unfortunately it’s going to seem slightly shallow until we get to the summer and we get one or two names in.”

“But then hopefully by the time we get to pre-season next year, we’ll all be excited looking forward to the new campaign.”

So Graham Carr was responsible for getting both Cheick Tiote and Ben Arfa to Newcastle – so Graham seems to be earning his money at Newcastle, that’s for sure.

With the news last week in the Newcastle Journal, that there are two potential deals almost signed, sealed and delivered, and that news being backed up in yesterday’s Sunday Sun, you have to believe Alan Pardew is fully involved with who is coming to the club.

He says exactly that in the above statement, so he must be aware of those two transfer deals that are almost complete, according to the two local newspapers.

There will still be some fans who just refuse to believe anything that Mike Ashley says, and that the money will not be reinvested, but that’s just not going to happen, and we’ll see some big investment in players this summer, we think.

Kevin Keegan suggested  Alan Pardew would not see one penny of the Andy Carroll money, but that was an unwise statement for Kevin to make – at best – and it will be seen to be not true this summer.

But Kevin of course was done the dirty on by Mike Ashley early in the 2008-2009 season, so it’s easy to see where Kevin is coming from.

As we keep saying, this will happen, but only if Newcastle are safe in the Premier League, so the lads have to start getting those wins again – starting on Saturday against a very beatable Wolves side.

Newcastle are still not safe in the league – yet.

Comments welcome.

78 comments so far

  • kilcline

    Mar 28, 2011 at 7:39 PM

    Comment #1

    Be spending it on a championship team next season if we lose to Wolves.

  • davybtoon

    Mar 28, 2011 at 7:45 PM

    Comment #2

    confirmed that were talking to 2 players who are out of contract in the summer my guess wud b larrson n elmander, n said jose wont talk about a new deal until were safe

  • davybtoon

    Mar 28, 2011 at 7:47 PM

    Comment #3

    also so if jose aint fit for saturday its gonna b between perch n ferguson for left back n he admitted he got badly wrong at stoke

  • peeto lovenkrands

    Mar 28, 2011 at 7:56 PM

    Comment #4

    I think ma will spend money but no where near 35 long as we keep Barton and get a new right winger a forward and and a new left back if Jose leaves well be ok,that’s if we stay up which I think we will,come on toon

  • coolcatcarter89

    Mar 28, 2011 at 8:01 PM

    Comment #5

    If you want to watch England U-21s in action:

    Super smooth stream!

  • NorseToonBrann

    Mar 28, 2011 at 8:05 PM

    Comment #6

    Added 35 mill budget in editor on FM. Started out buying gervinho, van wolfswinkel, christian benitez and alfred n’daye, with 10 mill left to spend:)

  • dave 1961

    Mar 28, 2011 at 8:05 PM

    Comment #7

    we need a very hostile crowd on Saturday, we have to frighten wolves, so much they are afraid to tackle. & get at the ref so when they try to intimidate us the ref puts a block on them. if they fail to harass us they will be, the lambs to the slaughter.

  • chuck

    Mar 28, 2011 at 8:12 PM

    Comment #8

    Erm ! how does one or two players brought in amount to over thirty million, especially when they are free agents ?
    The whole shebang will be reinvested in the club, what we would like to know is “how” will it be invested, in playing staff or what ?
    I suspect we will sign a couple of free agents and Ashley will pocket the rest, after all NUFC is Ashley.

  • gorskino10

    Mar 28, 2011 at 8:15 PM

    Comment #9

    Seb Larsson – Average at best
    Elmander – Good but not sure about his record which at Bolton has been rather poor, he will NEVER be a 10 goals a season in EPL guy and we need one of those not a guy who scores like Lovenkrants 1 every 6.

  • stuart no9

    Mar 28, 2011 at 8:20 PM

    Comment #10

    sorry ed , but it sounds like your as confused as anyone, while TRYING to sound positive, first your saying “the money WILL be reinvested , then the next line you say “money will be invested in players WE THINK , not blaming you though ed , hes confusing everybody, as for A P comments , bulls..t, untill i see it, ” there are still some fans who still wont believe what M A says , yeah , and i”m one of them lied before!!!!

  • coolcatcarter89

    Mar 28, 2011 at 8:22 PM

    Comment #11

    I think one of them will be Upson…

  • coolcatcarter89

    Mar 28, 2011 at 8:24 PM

    Comment #12

    …or Tomkins…

  • coolcatcarter89

    Mar 28, 2011 at 8:24 PM

    Comment #13

    …or Klose…

  • coolcatcarter89

    Mar 28, 2011 at 8:25 PM

    Comment #14

    WE DON’T KNOW!!!

  • davis_toons

    Mar 28, 2011 at 8:27 PM

    Comment #15

    Keep up the pressure KK.

  • thepict

    Mar 28, 2011 at 8:30 PM

    Comment #16

    Yes we will sign players who are out of contract. However, we will also buy players.

  • davybtoon

    Mar 28, 2011 at 8:38 PM

    Comment #17

    yea will sign players out of contract n buy players, pardew made a good point if ashly has no intention of buying players why waste money flying ppl all over the world watching players,
    pardew was away watchin autria v belgium the other day carver was watching ireland v macedonia n graham carr was watching the france game he said

  • Sav

    Mar 28, 2011 at 8:38 PM

    Comment #18

    Its all semantics, Ed.

    ‘Reinvested’ could mean including player salaries over the next 3 years. Taken like that, your 35 million could get you maybe 3 middle-of-the-road players.

    And what of the money we were going to have to spend if the Carroll windfall had not dropped into Ashley’s lap? (We are told it was down to the player’s demands after all). There was going to have to be investment anyway surely? Every other club who didn’t win the January jackpot are going to be putting in their Sky money, sponsorship and some season ticket sales to match us.
    Will the signings include re-signings? Barton and maybe Enrique? like we signed Ben Arfa in January? Will we let Lovenkrands go again only to sign him up in August?

    There’s a lot of soft soap from the cynical ownership at NUFC. Most of the money received from player sales in the past has not been reinvested. That is a fact, I’m sad to say. But its a better guide to what is likely to ensue this summer than the manager assurances and inside sources that serve as communication with the paying customers at SJP.

  • davybtoon

    Mar 28, 2011 at 8:42 PM

    Comment #19

    larson mite b average but he is better than what weve got which is what its about bringing better than u hav n for me elmander n larrson r better than wt weve got, he didnt it was them 2 players but id bet larson is one of them since we tried to sign him in jan, the other one cud be anyone taiwo, wendt or elmander or jaun albin

  • davybtoon

    Mar 28, 2011 at 8:51 PM

    Comment #20

    he wants fast tricky energetic players aswell, sav am sorri but all money from players sales gets reinvested in the club whether its wages etc, a lot of ppl seem to ashly jus sells anyone n never buys anyone its jus simpley not true plus tell me a player ashly sold that hasnt wanted to leave dosent matter if its us. crawley or real madrid if the player wants to go the club will get rid, yes we may not hav spent massive amounts but weve bought wisely
    best 1.5m
    williamson 1m
    simpson 500k
    tiote 3.5m
    hba 5.5m and him n tiote r big players so this nonsense bout we attract big players is rubbish n pardew said what carr said there is players on verge of champions league next who want to come here

  • davybtoon

    Mar 28, 2011 at 8:54 PM

    Comment #21

    forgot gosling on a free aswell n we will probably get ireland for 5/6m which is a bargain

  • Lowesy

    Mar 28, 2011 at 8:55 PM

    Comment #22

    hate to say it man, but ‘mold’ isn’t a word, mould is!!

  • sweendog

    Mar 28, 2011 at 9:00 PM

    Comment #24

    M-Bengue ..
    is he cover for enrique or a replacement ???


    Mar 28, 2011 at 9:01 PM

    Comment #25

    To be honest 35million isnt enough for me. what about the yearly tv rights money. So if we didnt sell that lanky twat we would have no money for the summer???
    Cant wait till the summer though, this season is just about staying up now, hurry on summer im a very impatient man – ive already signed gervino and larsson in me fifa

  • coolcatcarter89

    Mar 28, 2011 at 9:06 PM

    Comment #26

    If Pardew watched Austria vs Belgium, he must have been impressed with Witsel!! Belgium will be a force soon enough, with Hazard, Lukaku, Witsel, Felliani, Kompany and Defour in their ranks!

    I noticed that too lousy,erm, I mean, Lowesy? 😉

  • NorseToonBrann

    Mar 28, 2011 at 9:07 PM

    Comment #27

    im sure 35 mill would be enough to see us challenge for a top six at least. agree larsson is average, but he’ll be a damn good squad player

  • davybtoon

    Mar 28, 2011 at 9:08 PM

    Comment #28

    mbengue is type of player we will be looking at
    id like to see leroy fer be brought in jus imagin if we got gervinho n sow aswell u cud hav
    gervinho tiote fer ben arfa
    with nolan, gosling, jonas, best, elamnder, ranger, barton n larson all fighting for places to


    Mar 28, 2011 at 9:16 PM

    Comment #29

    right… get thsi through your thick skulls people… “NUFC” still owes MA… by all accounts its running at about 100million… now MA is gonna want that back at some stage and personally, i want NUFC to pay that back sooner rather than later.

    now… we find ourselves in a privileged positsion where we can actually invest relatively heavily in the first team and at the same time, we’re able to reduce the debt to MA…

    remember, our financial records come out i believe this week (thursday) from last season and we all know we were running at a loss.

    MA has made it clear he wants the club to be self sufficient and that means clearing the debt we owe to him… we as fans want the club to be on a sound financial footing too, right?

    ok? so stop all this… we should be spending 50/60million because of tv rights etc.

    you’re talking cr*p and i wouldnt trust any of you to run a business!

    all being well and we stay up this season, we will still be owing MA probably around 40million this time next year… none of you really appreciate how much he has done for this club… admittedly, he made most of the problems, but give the guy some credit, he’s going about fixing them in a positive way.

    ok ok… bring on the fear and hate mongers!

  • baro

    Mar 28, 2011 at 9:27 PM

    Comment #30



    Gervinho………Tiote…………… Fer…….Ben Arfa

    ………………..Elmander…….Sigthorsson …………

    Kolbeinn Sigthorsson 7 million
    Gervinho 10 million
    Kyriakos Papadopoulos 6 million
    Leroy Fer 5 million
    Elmander FREE
    Larsson FREE

    The player that I would LOVE us to sign is Kyriakos Papaddopoulos! He is just amazing and one of the best defenders in the world! Looks like a DAM monster! Still young playing for FC Shalke. He will only get better. One of the strongest player is football. Always a player i looked at.


    Mar 28, 2011 at 9:30 PM

    Comment #31

    what are u – mike ashleys wife? get a room

  • nightfa11

    Mar 28, 2011 at 9:40 PM

    Comment #32

    i want to see 4 signings:

    m.richards (or someone with same potential, who can play as a RB an CB)
    barnetta or wiljma..sth (netherland kid we got linked yestreday i think)
    sow (or bendtner)

    m.richards taylor colo enrique
    wiljam.. barton tiote ben arfa
    gervinho sow

    cb: williamson, kadar
    rb: simpson
    rm: lualua
    mc: gosling, nolan, vuckic
    lm: jonas
    ST: shola, ranger

    23 players should be enough + youngsters.

    sell the rest!!! > sol, loven, best (he scored some goals but was lucky will all of them ), xisco, guthrie, smith > that’s over 200k/week off the clubs wage bill.

  • nightfa11

    Mar 28, 2011 at 9:41 PM

    Comment #33

    forget elmander..old, poor record.. 1 good season in 20 years doesnt make him good. another old viduka. no way.


    Mar 28, 2011 at 9:44 PM

    Comment #34

    if being his wife means being an intelligent and clever realist rather than some deluded half witted retard then where do i sign.

    you on the other hand must be john halls wife huh? clearly you want to go back to those good old days where we spent money we didnt have for players that were more mercenaries and old timers in the twilight of their careers who demanded inflated wages.

    you keep pitching them fella… and i’ll keep knocking them out the ball park…

  • Jammydodger

    Mar 28, 2011 at 9:54 PM

    Comment #35

    Elmander is terrible 17 goals in 3 seasons, bleed in youngsters
    And Bendtner?? He has the number 52 on his shirt becasue thats what hes on a week and also he reckons hes better than any other striker, makes ireland look like a shy choir boy. Do we really want another self fornicating mercenary striker??
    Sign youngsters and well scouted established foreigners

  • ToonOz

    Mar 28, 2011 at 10:31 PM

    Comment #36

    No way to Bendtner and Elmander. Over priced, and totally over-rated. Actually does anyone rate Bendtner, other than himself?? Pathetic excuse for a striker.

    I would much rather see us splash the cash on some young and up coming talent – loved reading about links to wonderkids.

    As someone mentioned, perhaps Pardew was at the Belgium game to see Witel (although I secretly wish it was Hazard in my wild dreams).

  • The Eternal Optimist

    Mar 28, 2011 at 10:35 PM

    Comment #37

    DJM toon- people like you make me proud to be a toon fan. The xenephobic, naive, bollocks i read on this site from “fans”, presumably, hopefully, written by kids but I’m not so sure, is staggering. Well said fella.

  • davybtoon

    Mar 28, 2011 at 10:47 PM

    Comment #38

    i think we cud get
    elmander free
    larrson free
    adam free(maybe)
    gradel 2/3m
    danny graham 3/4m
    mbengue 3/4m
    gervinho 10/12m
    sigthorson 7/8m

  • Toon XI

    Mar 28, 2011 at 10:55 PM

    Comment #39

    Not happening. End of story.

  • Mac

    Mar 28, 2011 at 10:59 PM

    Comment #40

    What isn’t happening? Yes it is. If we stay up we will have a great transfer window.


You must log in to post a comment.