When Will Newcastle Spend Some Money This Summer?


It will not have gone unnoticed that Newcatsle have brought in three good players and let one good player go – but the net transfer outlay so far this summer is zero.

Alan Pardew – £35M will be reinvested

Newcastle brought in Demba Ba and Sylvain Margeaux on free transfers, and paid around £4.5M for Yohan Cabaye, but that was offset by the £4.5M Newcastle got from West Ham for their former captain,Kevin Nolan.

Newcatsle got £35M for Andy Carroll and fans have been told that money will be reinvested into the club in terms of transfers into the club, as well as stuff like underground heating at the Benton training facility.

One distinction is that the money will also be used to pay the wages of players coming in, but we would also have hoped they would have been used towards the transfer fees, to bring in some good players.

Of course it is very very early in the market still, and most transfer activity takes place in August and late August at that.

But we’d like to see at least a couple of good players brought in for sizable transfer fees, since that’s what we think fans were promised, at least by  by Alan Pardew, after Andy Carroll was sold.

But it’s also looking like with some unexpected departures – like Kevin Nolan and maybe Joey Barton, and Jose Enrique could still leave for pastures anew – it would appear the net transfer money this summer, will not be too much on the positive side, if it’s positive at all.

When you say the money will be used for wages, that could take up a large proportion  of Andy’s £35M.

For instance if Cabaye is getting £30K/week over five years, there’s around £7.5M wages for him over the length of the contract, and £30K/week is a low estimate for what the Frenchman is getting.

Four players like that and the wages paid to those four players will be getting close to that £35M.

So what did Alan Pardew really mean that the £35M will be reinvested.

At this point,  that would be a good question.

Consomme welcome.



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67 comments so far

  • davybtoon

    Jun 29, 2011 at 10:34 AM

    Comment #1

    calm dwn its still june for god sake

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  • Stuart

    Jun 29, 2011 at 10:38 AM

    Comment #2

    You dont take into a account the players wages over the length of his contract, just the 1st year.

    There will be significant investment this summer.

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  • tiotal football

    Jun 29, 2011 at 10:40 AM

    Comment #3

    I don’t know about anyone else but I’m sensing a anti-ashely pro-ashley debate is about to happen…

    I personally am going to stay positive and reckon we’ll bring in some players once the window is open on friday, so hopefully in the next 2 – 3 weeks
    when does the squad leave for the US?

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  • Stuart

    Jun 29, 2011 at 10:42 AM

    Comment #4

    Haha aye tiotal football, this might be one I’ll avoid like. I’ve had the same debate at least 3 times a week since the end of the season lol.

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  • Senior

    Jun 29, 2011 at 10:44 AM

    Comment #5

    KK come out and said

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  • davybtoon

    Jun 29, 2011 at 10:45 AM

    Comment #6

    ive said b4 dont care how much we spend as long as the team/sqaud is better nso far it is

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  • OttersPocket

    Jun 29, 2011 at 10:46 AM

    Comment #7

    I would imagine things will start to hot up once pre-season starts on monday, players back at all clubs and therefore players/managers talking about potential bids etc.
    Transfers will happen people just need to be patient hardly anything has happened anywhere in the last 2 weeks as players getting last holiday in.

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  • tiotal football

    Jun 29, 2011 at 10:47 AM

    Comment #8

    I think Ed just likes to watch the drama unfold and I don’t blame him. People get quite imaginative when insults start getting thrown around

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  • JAMSHA

    Jun 29, 2011 at 10:48 AM

    Comment #9

    Nxt year

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  • BOOM BOOM THE 1ST

    Jun 29, 2011 at 10:49 AM

    Comment #10

    i think we will definatly see investment in the squad over the coming weeks but i really dont see us signing any players who have established themselves in the E.P.L. such as sturridge or nzogbia i think that the transfer fee required to sign those kind of players is way above what the fat man is prepared to pay these days i think we will see another couple of 4-5 mill players who havnt played in england or maybe just not the premier league yet it think it will be a couple of seasons b4 we try to ‘push on’ but thats just my opinion i could (and am actually praying everyday that i am) be totally wrong lets hope so eh.

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  • tiotal football

    Jun 29, 2011 at 10:49 AM

    Comment #11

    exactly @davybtoon

    If we really are aiming for the arsenal model then I have no problem with that. Did anyone see Arsene’s letter to a fan at the start of the month?

    http://www.thesun.co.uk/sol/homepage/sport/football/3663000/Arsene-Wenger-pens-heartfelt-letter-to-unhappy-Arsenal-supporter.html

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  • NUFC_Richyg01

    Jun 29, 2011 at 10:49 AM

    Comment #12

    How many times.

    The £35M is not just for signings.

    We paid out £4.5M for Cabaye and recouped the same figure from the sale of Nolan.

    We have brought players in for ‘free’, but they still get a signing on fee – this comes out of the £35M

    The first year of each players wages comes out of the £35M also.

    I have no interest in spending millions and millions, whats the need if you can get quality players for next to nothing. As long as we have a stronger squad at the start of the season than we ended the season with last year, then the transfer window is a success.

    IMO we have a stronger squad already.

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  • leeb1982

    Jun 29, 2011 at 10:52 AM

    Comment #13

    If reports are true this is to include fees and wages so im guessing that a large chunk has already been spent. I hope not but maybe thats why we are letting nolan and co leave so we free up some wages???? Although its early they seem to be allowing some good players move to other teams without a fight. Would be good to get at least 2 or 3 more in before the US trip to allow AP a chance to try out a few tactics etc with the bulk of the new squad in place

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  • samag

    Jun 29, 2011 at 10:53 AM

    Comment #14

    save the cash, get rid of players on high wages, and bring in decent squad competition in all positions and i will be a happy supporter.

    big signings and large wages can disrupt the dressing room

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  • Stuart

    Jun 29, 2011 at 10:56 AM

    Comment #16

    Just to clarify. The entire length of a players contract will not be taken out of the the budget straight away. Only the first year.

    So using Cabaye as an example, one year on £30k a week would be £1.56m from the fund.

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  • Geordiedoonsooth

    Jun 29, 2011 at 10:56 AM

    Comment #17

    Bit p*ssed off that S*nderland are signing Whickham I think he’s a very good prospect & would have been a good signing for us. Their owners seem prepared to spend money while Fat Tw*t is looking in the bargain basement. If we don’t step up soon we’ll get left behind I don’t think we’ll struggle next year but with the current squad I can’t see us being in the top 10 never mind the top 6.

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  • davybtoon

    Jun 29, 2011 at 10:58 AM

    Comment #18

    ive got 2 weeks off wk n am not goin on holiday so signing players is all ive got to look forward to so it better happen soon lol
    think all major deals will happen b4 us tour which is only 20 days away so not long to wait

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  • BOOM BOOM THE 1ST

    Jun 29, 2011 at 10:59 AM

    Comment #19

    look lads theplayers wages is payed by you the fans with your season tickets and the revenue that matchday brings who paid the players wages b4 carroll was sold? yeah we did by that rekoning players will never come in if at least 25mill of that money which was recieved in cash is not reinvested in players than im affraid weve lost our ambition i just hope we are keeping our powder dry for a week or two so they can assess what we have cos as it stands now if enrique and barton were to go we would have a weaker squad than the one we had last year and we all know that wont be good enough this crap about the money including players contracts doesnt wash with me at all.

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  • Hoppefot79

    Jun 29, 2011 at 11:00 AM

    Comment #20

    If we had signed Ba for 6m, Cabaye for 8,5m Abeid for 4m and Marveaux for 10m, we’d all be extremely satisfied with the deals MA had brokered. They’re all very very good players, and they’re STILL the same players even though we’ve gotten them without using loads of cash. That is brilliant business by MA. Come July/ August, we still have 30 odd millions to use (if needed), when various players’ situation/ stance may have changed. If a top player chooses to leave his club nearing the end of the window, we’re suddenly alot more attracting destination cause of the freebies, and then we’ll actually have money to compete for his signature.

    If people aren’t impressed so far, I can’t understand it. Would you rather have spent all the cash allready, just so you could say “we’ve spent it”?

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  • 37 BEN ARFA 37

    Jun 29, 2011 at 11:00 AM

    Comment #21

    c’mon mike put your hand in your pocket man

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  • Cheick and Bake

    Jun 29, 2011 at 11:02 AM

    Comment #22

    @17 … no worries … they will sell him for cheap when they get relegated .. him and all the other shitty players their buying

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  • nufcmatt

    Jun 29, 2011 at 11:02 AM

    Comment #23

    i have faith that we will spend and spend wisely, but ashley is actually better off with transfers up til now:

    Out: In:

    Campbell – free, high wages gone Marveaux – free, lower wages
    Kuqi – free, high wages gone Ba – free, similar wage
    Nolan – 4.5 million, high wages gone Cabaye – 4.3 million, lower wages

    although this is good business and it’s still only june so i’m confident of plenty more signings

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  • leeb1982

    Jun 29, 2011 at 11:02 AM

    Comment #24

    @Geordiedoonsooth wickham maybe a prospect but at upto 13million its not a risk i would take he not the most prolific.

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  • dave 1961

    Jun 29, 2011 at 11:02 AM

    Comment #25

    Stuart does that mean Nolan salary will be added to the pot along with the other 2 that left?

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  • BOOM BOOM THE 1ST

    Jun 29, 2011 at 11:03 AM

    Comment #26

    HOW OH HOW DID WE EVER MANAGE TO GET HOLD OF OUR SHIRTS B4 FOOTBALLSHIRTSUNITED CAME ABOUT ID ABSOLOUTELY LOOOOOVE TO KNOW HOW THESE CAN DO THESE SHIRTS CHEAPER THAN ALL THE SHOPS CAUSE THEY AINT KNOCKOFF IF THEY WHERE WED HAVE HEARD MUST BE FAKE.

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  • Stuart

    Jun 29, 2011 at 11:03 AM

    Comment #27

    Hoppefot – Try £10m for Ba. West Ham signed him for 7m 6 months ago and he scored 7 in 13. Everyones writing him off coz hes free but he’s at least a 10m striker.

    You’re absolutely right though, we’ve signed around £25m worth of talent but people arent happy because we got them cheaply.

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  • Cheick and Bake

    Jun 29, 2011 at 11:04 AM

    Comment #28

    i just hope they splash the cash one more time on darron gibson … i just dont like him as player

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  • Stuart

    Jun 29, 2011 at 11:05 AM

    Comment #29

    Boom Boom, have you ever posted on here when you’re not having a go at someone? lol.

    @Dave – Nolans, Campbells and Kuqi’s wage allocation should be added to the budget yeah, but unfortunately im not privey to such information so I couldnt say for sure lol.

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  • wynsleap

    Jun 29, 2011 at 11:09 AM

    Comment #30

    If, as is suggested, Cabaye is on £30K per week, we could buy a couple of players like that and still have their wages paid by the removal of the useless Smith.
    Add in Xisco and we can get another couple in.
    All without touching the £35mill still there.
    Don’t forget – however small they were, there were still wages attached to Andy Carroll too when he left.
    It all sounds like an Ashley excuse to avoid any significant outlay to me.
    Apologies to tiotal football if this sets everyone off again!

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  • BOOM BOOM THE 1ST

    Jun 29, 2011 at 11:09 AM

    Comment #31

    Yeah stu never have a go at u m8 just them c**s are doin me nut in trying to push them dodgy shirts and that other fat f**k is tryin to back down on spending money i know its early but i can feel it i really can it scares me

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  • malky76

    Jun 29, 2011 at 11:10 AM

    Comment #32

    Pardew the Puppet!

    He is the voice of the owner. He does whatever he is told and has no input into comings and goings. All the Carroll money will be reinvested?? Will it shite!

    At least we can laugh at Sunderland

    http://www.thedailytackle.com/2011/06/bent-left-sunderland-due-to-bruces.html

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  • Stuart

    Jun 29, 2011 at 11:15 AM

    Comment #33

    Everytime theres more than a few days between signings everyone on here starts tying the bloody noose and whinging that we’re not going to spend a penny.

    In order to keep you lot happy we’d have to sign a player every 3 days or so.

    The window isnt even properly open yet and people are writing us off already, do you not possess enough patience to at least wait til the windows closed. If by then he’s still spent nowt and the team is either the same or weaker then you can call AP, MA and DL any name under the sun, but until then can we not keep the doom mongering to a minimum?

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  • dannyhunt

    Jun 29, 2011 at 11:23 AM

    Comment #34

    The days of big money signings are long gone – has everyone forgotten the likes of owen, luque, boomsong and countless others? Id rather bring in the likes of sturridge, n taylor n the zog on 6 month loan deals with buy clauses should they be any good!! these big money deals the top 4 teams are making, ashley young, neymar etc are all well and good if you can balance the books, which they’ll only do if they win trophies or offload high earners. At least fat t**t is trying to keep his business in the black!!!

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  • dave 1961

    Jun 29, 2011 at 11:24 AM

    Comment #35

    Stuart the reason people are edgy is we were so short of players we played kids in the cups all the bargains will be signed early that will leave the cream & the crap. if we fail to get good players in we will be left with Carlton Cole & friends. and its only going to make those that don’t trust Ashley even more upset, this being about 90% of our fans, personally I think we are going in the right direction, although very slowly.

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  • Stuart

    Jun 29, 2011 at 11:28 AM

    Comment #36

    @dave – Do you really think Graham Carrs transfer list really has 1 top target for each position then shite like CC. Like its either Erdinc or Calton Cole?

    He’ll have a list as long as his arm of good players so if we dont get our first choices the others will still be of better quality than what we already have.

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  • gorskino10

    Jun 29, 2011 at 11:29 AM

    Comment #37

    Barton – 2/3M – Replacement – 4/7M
    Jose Enrique – 7M – Replacement 6/7M IF NOT Taylor

    So from the money from Andy we will spend 10M or so but i just cannot see us spending 25+ what we get from Jose and others.

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  • OttersPocket

    Jun 29, 2011 at 11:31 AM

    Comment #38

    dave 1961
    How will only the cream and the crap be left?
    Only Man U have really signed players so far for money.
    We have targets that we are negotiating for, we will not come out and say who to try and stop other clubs getting wind of them. The players in question are still on holiday and dont come back til at least monday so lets give it a bit time before we start getting itchy feet.

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  • Dondatta13

    Jun 29, 2011 at 11:33 AM

    Comment #39

    Just a quick point. If the £35M is to factor in the wages for new signings, then can we also factor in the wages for Carroll, who signed a new and improved 5 year contract at SJP. How much was he on when he left?£40-60K p/w?

    It should work both ways.

    Is the fcb wanting his cake and eat it?

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  • NUFC_Richyg01

    Jun 29, 2011 at 11:34 AM

    Comment #40

    We have brought in 4 quality signings, add to that the returning HBA, Gosling, Routledge, thats 7 extra bodies over the end of the season.

    Only really Nolan leaving will impact on the first team.

    Campbell & Kuqui have also left, but with little impact to the team.

    Is it just me, or are we already stronger???

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