The Financials Fully In Force At Newcastle United

It’s clear that older players getting near the end of their contracts on Tyneside, may become extremely vulnerable.

Mike Ashley – tight financial controls at Newcastle

Newcastle are signing young players on long term deals, and when you look at the financial situation in football, that makes a lot of sense.

But extending that same concept to older players like Fabricio Coloccini, Joey Barton, Kevin Nolan and Jonas Gutierrez, then Newcastle will always have a decision to make on whether to extend their contracts, or try to sell them.

It seems that in both the cases of Kevin Nolan and Joey Barton,  they wanted longer extensions than Newcastle were willing to offer them, and Kevin decided to take a five year deal at West Ham, for a massive £55K/week.

That was rather than accept a one year extension at Newcastle, which would have kept him at Newcastle until the summer of 2014, but he was also given less wages than West Ham offered him.

But remember Kevin could always have stayed on Tyneside for another two years at his current deal of around £50K/week.

And Joey was offered a two year extension on his deal which runs out next summer, which would have kept him at Newcastle until the summer of 2014, but Joey again wanted a longer term deal and didn’t get it.

We fully expect Joey to be shipped out this summer, even if it happens on the very last day of this summer’s transfer window – and that’s even though Joey wants to stay at the club.

It seems that the owner is very aware of the awful financial situation he inherited at Newcastle from former Chairman Freddy Shepherd, where established players were hardly worth the huge wages Newcastle were paying  them.

It seems to us that Mike is adamant that situation will not happen again, and remember Newcastle had the sixth largest wage bill in the Premier League, when they were relegated two years ago.

And whether you like Mike Ashley or you hate Mike Ashley, the owner has every right to feel that his players let the club down two years ago – certainly most fans think that’s what happened.

Fortunately or unfortunately,   this is the way world football is run these days, and at least Newcastle are getting their financial house in order early, and other clubs will soon be forced to do just that, by the new Financial Fair Play Rules UEFA will introduce starting next season.

Whether Newcastle’s new way of operation can also lead to a much improved side next season we don’t  know – but we’ll be hoping that’s exactly what happens.

Comments very welcome.

209 comments so far

  • Senior

    Jun 24, 2011 at 1:34 PM

    Comment #1


  • Has cashley lost weight?!?! He looks rather slim in that photo….

  • OttersPocket

    Jun 24, 2011 at 1:35 PM

    Comment #3

    Nor in relation to this but i will pst anyway as it seems like people have moved on from the blog I posted it on.

    Sick of hearing that Erding only scored 9 in 34 last season, so what, how can you judge a players merits on stats? Carr has been watching him and recommends him so that should be good enough for you.
    Rooney scored 11 league goals last season in a championship winning team, you all seem to want Sturridge, before last season he had scored 6 in 47 league games.
    Stats are just numbers lets leave judging players attributes to the people who have watched him over the last year, then we can judge him once he is in a black and white shirt.

  • Senior

    Jun 24, 2011 at 1:36 PM

    Comment #4

    Heres hoping Ed! Imagine where we’d be now if this was implemented during the halycon years of 95/96. Well established force i reckon

  • OttersPocket

    Jun 24, 2011 at 1:42 PM

    Comment #6

    Hopefully we will be ahead of the rest when it comes to this new rule, maybe it won’t be evident this season but maybe next when other teams are cutting down and budgeting we will be able to move ahead of some of them in terms of new players and also keeping existing stars.


    Jun 24, 2011 at 1:42 PM

    Comment #7

    @ vive la revolution de chateaneuf he hasnt lost weight its a 2 d pic ha ha this fat fu*k has to be stopped b4 we lose our identity alltogether


    Jun 24, 2011 at 1:43 PM

    Comment #8

    @otterspocket the rule only matters to those who are in europe we are not.

  • terencelim

    Jun 24, 2011 at 1:47 PM

    Comment #9

    Whether you like Mike Ashley or hate Mike Ashley, Newcastle United is just a money making machine for him.

  • rfcready

    Jun 24, 2011 at 1:48 PM

    Comment #10

    Good article.Its hard to see the big picture sometimes,but I would rather see Newcastle compete in the Prem with the revamp squad than Broke in the Champions league with nowhere to go and a squad of duffers.Hard for me to say but Good job so far Ashley

  • jordy.chalky

    Jun 24, 2011 at 1:51 PM

    Comment #11

    a lot of our ‘stars’ were well overpaid in the relegation season of 2009. Im thinking owen, viduka, beye, bassong, duff and the rest, Im not a fan of FMA but at least hes after value for money.

  • 09nufc09

    Jun 24, 2011 at 1:53 PM

    Comment #12

    I cant understand how people are so stupid to think mike ashley is making money from nufc, he has lost over 200mil and the clib was still running at a loss last year, it will take over 10 years for him to begin to make money.
    Otters… People who are saying stuff about erding are the same people who were saying stuff about tiote, didnt start in holland so not good enough… Hes scored double figures 3 out of the last 4 seasons.

  • Dannyo

    Jun 24, 2011 at 1:57 PM

    Comment #13

    “And whether you like Mike Ashley or you hate Mike Ashley, the owner has every right to feel that his players let the club down two years ago – certainly most fans think that’s what happened.”

    It’s a good way to explain whats happening with words.
    I think MA feels he did wrong about KK, then let the next manager have a go himself. It seems that, that way didn’t work too well either. So he employs AP, and tells him spesifically what he wants him to focus on. AP tells Carr the way he wants to play, and Carr sets out to attract those kind of players. But with restriction and financial advise from Llambas and Ashley.

    Many clubs are run this way, and in the upcoming season we will see if it works.
    He let Chris do what he wanted, but he didnt see it working out. Now MA has divided the tasks the way he sees fit, and it may actually work!
    But again, the upcoming season will tell.

  • OttersPocket

    Jun 24, 2011 at 1:57 PM

    Comment #14

    Boom Boom
    Technically teams in Europe yes, but also teams looking to get into Europe as they can only be in it the next season by following the rules. So your Villa’, Everton,s etc will also have to follow them and thats the teams we want to be in and around at the minute.

  • Ive just had a rather peculiar thought…
    imagine for a second a line up of
    PRBTCC = Pacey Right back that can cross
    PLBTCC = Pacey Left back that can cross
    LFAM = Left footed Attacking Midfielder
    RFAM = Right Footed Attacking Midfielder
    STBGH= Striker that can pick up Through Balls, Good Header

    The Two full backs will be in charge of any crosses into the box – almost acting as wingers aswell, where as the two attacking midfielders and the forward can pick up through balls from cabaye. The Two Attacking midfielders can drift to the wings or cut inside to their stronger foot and Drill one into the net.

    When the two full backs are in a more advanced position, Matuidi and Tiote make up for the gaps in Defence going into positions like (see what i mean)


    Sort of like flooding the opposition with a variety of smart passes, Long range Robert Esque shots etc but still having a solid foundation in the back…

  • cousto

    Jun 24, 2011 at 1:59 PM

    Comment #16

    anybody else saw this?

    Shame they haven’t got a “how badly freddy and dougie f***ed up our finances making sh*t transfers” totaliser.

    Seriously some people need to get a grip.

  • Probably a silly thought, but im on a sugar high at the moment 🙂

  • roshan MAGPIE

    Jun 24, 2011 at 1:59 PM

    Comment #18

    i think ashley is getting the club in the right direction even though he has made lots i mean lots of mistake in his previous years has NUFC owner now he is getting to know how the club has to be run in FOOTBALL

  • nick_9

    Jun 24, 2011 at 2:00 PM

    Comment #19

    Anyonse backed the safe standing campaign? i’d love to have a standing area at sjp.


    Apparantly we arnt after The Two Bangura’s and no offers for our big names 🙂

  • stevep

    Jun 24, 2011 at 2:10 PM

    Comment #21

    Not sure about this story, Enrique has been offered an improvement on current contract and he was already 2nd highest paid LB in the country according to reports, it’s seems more that Ashley and co make a contract offer and if the player turns it down we ship him out – enrique has neither turned it down or accepted it as he seems to be waiting to see what happens with regards to signings or offers from other clubs

    according to some on this blog inc Ed everyone in the squad is for sale (true of any club depending on amount of money bid) – I’ve yet to see anything concrete where the club have come out and said who is on the transfer list

  • cousto

    Jun 24, 2011 at 2:13 PM

    Comment #22

    Is Sierra Leone not on the immigration “red list” like Zimbabwe and Somalia?

    Visited Freetown during my time in the Navy and it made a day in Basra look less dangerous than a night out in Middlesboro.

    Basically told “stay in the main streets, go down alleyways and you will be captured by dissidents and killed”

    Either way think it would be extremely difficult to get the Bangura’s work permits approved.

  • OttersPocket

    Jun 24, 2011 at 2:15 PM

    Comment #23


    But then that would not paint Ashley in such a bad light and we cant be having that now can we!!!!!!

  • Dannyo

    Jun 24, 2011 at 2:20 PM

    Comment #24

    @ stevep // Jun 24, 2011 at 2:10 PM

    Thank you! Thats what i’ve been saying for a good while.
    It’s only paper and transfer speculation. And in all fairness, every player on the planet is for sale, just need to offer the player high enough wages + a good fee for the club.
    Doesn’t mean they’re all transfer listed….

  • wynsleap

    Jun 24, 2011 at 2:20 PM

    Comment #25

    ED – “The owner has every right to feel the players let the club down two years ago”?
    How about “The fans have every right to feel the owner let them and the club down two years ago”?
    Ashley has done many, many things wrong at this club since he bought it without studying the books sufficiently. His mistake and his bed to lie in I’m afraid.
    The biggest mistake is not accepting his error and not trying to rectify it by some astute player purchasing. If, for example, last season he’d bought a decent striker in the summer (or later) window, the club could have sneaked into Europe with greater revenue forthcoming. After all it was only through our last day stupidity that we didn’t end up 9th – and that was without a decent striker in the team.
    No – Ashley made a mistake buying this club and by Hell we’re all paying for it still.
    Speculation isn’t in some people’s vocabulary unless it’s putting cash on red or black at the Casino.

  • piers18

    Jun 24, 2011 at 2:25 PM

    Comment #26

    What happened to Jose Rondon…….i like him more than erding and he’s only 21….10-12 mil and a no 9 striker

  • OttersPocket

    Jun 24, 2011 at 2:29 PM

    Comment #27

    If we had bought a striker last summer, then Carroll would not of played as much and we would then not of got £35 m for him and this summer’s purchases would prob not of happened. Hindsight is a wonderful thing especially in football.
    You claim “not trying to rectify it by some astute player purchasing” is that not whats happening this summer?

  • Chaz

    Jun 24, 2011 at 2:31 PM

    Comment #28

    The current regime are making some sound financial decisions and the business conducted so far THIS transfer window looks positive to me and should bring some improvement to our tactical options next season.

    Bringing a better balance to ‘the books’ can only serve us well now and in the future. Remember that management and players are only ever ‘transient’ it is the fans that remains the most constant element of our great club!

    I hope the newly assembled squad gel quickly and gain some early success this coming season and that IF the don’t; Pardew is given a reasonable time to shape things. With Mark Hughes lurking in the ‘available’ list along with MO’N then there are two reasons what Pardew will be doing all he can to put points on the board quickly.

    I’m sorry that I’m going to miss the first 3 games in August because I’m, ironically, on holiday in France! However, my son James will give me a blow by blow honest analysis of our play and I’ll be looking for wifi somewhere in Beaune to grab a ‘tinternet’ stream! I’m sort of expecting the first 2 games to be televised so a bar with Canal+ might be the best option!

  • Eastander

    Jun 24, 2011 at 2:34 PM

    Comment #29

    wynsleap, i dont know if you remember this right but we just got promoted last summer, into europe in one season… for starters if we did get into europe we would have getn our arses kicked next season! You may also find that last season was our highest finishing season since sir bobby left except for one so how exactly are we paying for him taking over? Did you see the amount of debt we had when he took over? I presume you did seeing as you appear to have more of an idea what our accounts look like than the owner. You cant tell me at the start of the season you would have been disappointed with 12th, i’m just glad we stayed up!

  • Klatoon

    Jun 24, 2011 at 2:35 PM

    Comment #30

    Just saw the goals of the season contenders on and its strange how most of the scorers wont/may not be here next season ie Nolan v mackems,Judas v loserpool,Barton v Villa, Jonas v wolves, Colo v spuds, Raylor (2) V accrington V chelC .


    Jun 24, 2011 at 2:36 PM

    Comment #31


  • RJM

    Jun 24, 2011 at 2:37 PM

    Comment #32

    If you look at the players bought and sold without andy carroll they are pretty similar – and i think it’s fair to call the carroll transfer an anomaly seeing as it’s like the 8th highest transfer of all time or something. The difference now is we have players who actually WANT to play for this team. Mike Ashley like him or not is a good businessman and he’s not going to sabotage his own business really. Let’s just wait till the end of the window and put our trust in Graham Carr as he definitely knows what he’s doing. I don’t mind not spending all of the transfer money if we are bringing in good players who want to play for the club. It’s about quality not quantity.

  • gorskino10

    Jun 24, 2011 at 2:37 PM

    Comment #33

    With the way we are EVERY play can leave, if this summer we have Bids for Colo/Jonas/Barton/Enrique we WONT recover and will be in relegation trouble EVEN

  • Klatoon

    Jun 24, 2011 at 2:38 PM

    Comment #34


    Jose Rondon is playing for newly “super rich” Malaga who i highly doubt will sell any of their stars.

  • sammydolan

    Jun 24, 2011 at 2:42 PM

    Comment #35


  • kevymartins

    Jun 24, 2011 at 2:44 PM

    Comment #36


  • GeordieToon89

    Jun 24, 2011 at 2:51 PM

    Comment #37

    wher is everyone, blogs been dead for couple days now

  • boater

    Jun 24, 2011 at 2:56 PM

    Comment #38

    otterspocket – with all respect, a stats go, goals scored by a striker is a pretty important one.

    09nufc09 – the reason people aren’t that enthusiastic – myself included – about erdinc is because we have an opportunity with the Carroll dosh, to fill that void with someone REALLY special,, not just good or decent enough but exceptional. It’s not easy to do, but I think people want to see bold ambition from the club to get a gem of a player with some presence. His goal stats are OK sure over the past four years, but the french league isn’t as strong,, bearing that in mind and his recent form plus international pedigree suggests he’d only be a slight improvement on what we have already..

  • geoff777

    Jun 24, 2011 at 3:04 PM

    Comment #39

    Who’s this OttersPocket that has suddenly turned up on the blog?

    All he does is attack other commenters.

    He’s very pro Ashley & Llambias … makes you wonder if he’s not a “ringer”?

  • stuart no9

    Jun 24, 2011 at 3:05 PM

    Comment #40

    otters pocket, you say ” we would not have got £35m for AC so these summer signings would not have been possible” ash has not spent a penny of that AC money yet, what he has spent is the £4.5m he got for nolan, so to date that £35m is still in his bank account, where it will probably stay

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