Alan Pardew – I’ve Been Honest About The Money

It seems that Alan Pardew has been given the job of defending  Newcastle’s spending policy in the transfer market, which doesn’t appear on the surface to  be too much.

Alan Pardew – I’ve been honest about the money

Newcastle fans were told that the £35M raised from the Andy Carroll sale to Liverpool would be reinvested back into the club.

But most fans had thought the £35M would have been used largely in transfer fees, and that just doesn’t seem to be the case – at least not yet – but there are still almost 7 weeks to go in the transfer market.

We think the club is reinvesting the money, but most of it will go to the new players’ wages over the length of their contracts.

As an example a player getting  £40K/week over five years adds up to around £10M – and we think that’s how the club is measuring the reinvestment.

This is what Alan Pardew has to say about the topic, which he also addressed on Thursday:

“Going into the season, as we stand now, I think we’re a little bit stronger than we were in the second half of last year,”

“The additions we have added will add some intelligence to our play. Particularly Lille midfielder Yohan Cabaye, who’s a really intelligent player. I think you’ll see a slightly different Newcastle to last year.”

“I’ve been honest in terms of the money – it’s going to be put back into the club.”

“We need to make sure that, over the next three or four years, we grow. Our finances have been structured in a way that the team grows each year.”

Certainly Newcastle are putting their financial house in order for a change, and that will stand the club in good stead in the coming years, there’s little foubt about that.

But Newcastle fans also want to see a few more good players brought in this summer, to join the four players Newcastle have already brought in, and it may even cost something in transfer fees.

I’m sure e I speak for a lot of  fans who are getting a little long in the tooth, that we would love to see the side become good (great) again, and sooner rather than later.

After all, 42 years is an awful long time since we last won a trophy, but at least I was at that game in 1969, but my hope is the side can win a trophy again in the next couple of years, with building  a good side this summer.

Yes it’s a long shot – I know that.


Comments welcome.

173 comments so far

  • gorskino10

    Jul 15, 2011 at 12:35 AM

    Comment #1

    Simple really, Fees that comes from Sales should ONLY be spent on Transfer Fees of buying players NOT the wages which comes from TV/Merch rights.

  • Drona

    Jul 15, 2011 at 12:38 AM

    Comment #2

    Too honest, if i’m honest.

  • boater

    Jul 15, 2011 at 12:39 AM

    Comment #3

    Keeps saying ‘will be put back into the club’,,, means nowt and obviously has been prepped to say that,, we want it LEAVE THE CLUB funking club to bring in some much needed players you prat.

  • gar1969

    Jul 15, 2011 at 12:42 AM

    Comment #4

    Well said florida. I’m sick of the doom and gloom. Let’s deal in fact. 1 first team player out & 2 old journey men out. In 4 under 26 year olds 3 good enough to challenge first team easily. Of course we are net better than last year. Window still open fir ages. All the pessimists wanting to reveal our budget & targets jog on. You’d never show your hand if you had sense that’s why Chelsea & city pay ridiculous fees. £24m for Milner etc. Those that want us to spend spend spend would you pay £2000 plus for a season ticket? Get real man. We cannit afford it. Ah let’s get the owner to spend all his money on players & wages but it’s our club? If you were prepared to put YOUR money where your overworked mouths are, the supporters would have bought the club, paid off the debt and made £300m available for transfers & more for wages. FFS get real football is living on borrowed time as we were pre Ashley. Love him loathe him fact is that finacially we were cattled and whoever took the reigns would need to tackle it or spew £150m to keep us afloat. Face facts. We are not a profitable club to the last books 2010. We don’t have an owner with an unlimited budget and we are not prepared in the main to pay for success. Wait for 1st of September to assess the window at least

  • ross armstrong

    Jul 15, 2011 at 12:42 AM

    Comment #5

    hes totally saying it different now , hes saying the money is getting put back in2 the club now but last season he said we will deo be putin the money back in 2 TRANSFERS!!!!! LYING B*****D

  • Tom_Toon

    Jul 15, 2011 at 12:45 AM

    Comment #6

    This whole wages investment GUESS is utterly ridiculous I dont even know how anyone could rationalise that in their brains. I’m 99% sure that is not the case.

  • free giveaways

    Jul 15, 2011 at 12:47 AM

    Comment #7

    Pardew said Carroll wouldn’t be sold, then he said all the money from the Carroll transfer money would be spent on player transfers and wages. Why are we spending the Carroll transfer fee on player wages and agent fees? We’ve reduced the wage bill, Campbell and Nolan have gone. Smith, Xisco, Routledge, Ranger and Best will probably leave.

    Now i don’t think we’ll spend more than £12 on player transfers.

    It’s clear Pardew wanted N’Zogbia but Ashley wouldn’t sanction a move.

  • boater

    Jul 15, 2011 at 12:52 AM

    Comment #8

    gar1969 – you’re talking total rot. This is a sustained, continuing cycle, at the end of the window it will be ‘let’s wait until january to reserve judgement’. Where did the milner money go? Where did the Bassong money go? Where is the 10-15mil assigned to player transfers annually? They are leading you a merry dance…
    oh no sorry undersoil funking heating, and tasty pasties in the canteen.

    to be honest even I thought if they don’t spend a good chunk of the 35mil … then every single fan will see what’s happening,,, I was wrong – seems there are those who just can not get past this cheerleader ;saved the club blah blah party line.

  • ross armstrong

    Jul 15, 2011 at 12:53 AM

    Comment #9

    ive always said to myself ” judge pardue after the transfer window” up to know i think hes a complete lying tossa ,

  • boater

    Jul 15, 2011 at 12:57 AM

    Comment #10

    Keegan said they actually bid on players knowing it will get refused. The squad is stronger than after x-mas true, but it was on it’s knees then.. and we thought well let’s scape through and y’knaa we’ll invest all that lolly,,, seems a long time ago. Ya funking better believe it!

  • hadthetshirt

    Jul 15, 2011 at 12:59 AM

    Comment #11

    A couple of things don’t add up to me.
    1st we supposedly made a 12 million bid for N’Zogbia in January,but now don’t think he’s worth 9.
    2nd Swansea want Routledge for approx 2 -2.5 million.Why didn’t we just swap him for Taylor.
    All this bull from Pardew is doing himself no favours what so ever.
    I still think we will buy a good number 9 but just wish Pardew would button his lip till the jobs done.As it is it seems he cannot even lie straight in bed.
    The joys of being a toon fan

  • marcos_nufc

    Jul 15, 2011 at 1:04 AM

    Comment #12

    in the beginning I was against Mike Ashley`s policy. We all want to see a very good team on the pitch, with good players. As a Newcastle United fan I would like to see players like Pato, Neymar or Falcao Garcia playing for our club but it will cost a lot of money and the club could be in the red few years later and consequently no longer exist in the football world, no longer taking part in a competition.Mike Ashley wants the club financially health and it is good because we, our sons,daughters,grandchildren and so forth shall be able to support and watch our beloved club for all eternity.

  • gar1969

    Jul 15, 2011 at 1:04 AM

    Comment #13

    @boater the fees from those transfers went to partially balance our books IMHO. I don’t like it anymore that you but I do think we have live within our means and cut our cloth. Gone are the days when lady hall signed a cheque for Barry venison.

    Not talking rot just my opinion bud. Vociferous it may be!

  • TheHeyman

    Jul 15, 2011 at 1:04 AM

    Comment #14

    The 35m will be used over more than one transfer window. This allows other revenues to be used to pay back debts. Why the smoke and mirrors I don’t know.

    Expect one signing, a forward, for about 7-10m and any other signings from any sales income.

  • Charlietoon

    Jul 15, 2011 at 1:36 AM

    Comment #15

    We could get 10 players in this window and still most fans would want more next year. I would rather we make good investments over the period of a few years as we get rid of players like Smith, Xisco and Shola freeing up wages than spend a packet now, find that two or three of them clearly dont cut the mustard then putting us in a position where we have to sell to buy.

  • headtheball

    Jul 15, 2011 at 2:06 AM

    Comment #16

    If the opposite of negative is positive and us concerned supporters are neggars,are our polar opposites
    1. poggars
    3.something else?

  • boyironufc

    Jul 15, 2011 at 2:18 AM

    Comment #18

    actually I will to see the club growing and stable in their structure…more than take risk to bring big name player on their wage if it is unsuccessful then relegated… …

  • Smooth moves Shola

    Jul 15, 2011 at 3:33 AM

    Comment #19

    I was one of the most ardent optimists. I’ve had a few encounters with Angryman. Now the dark side is consuming me.

    We will win nothing under blubber tits’ regime. As for Captain Scarlet, he’s the slimiest, most loathsome man I’ve ever clapped eyes on. Zero integrity.

    We’re ridden with vermin, the soul of the club being eaten from the inside, out. Totally despicable.

    We never asked for you Mike, now please do f off!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • terencelim

    Jul 15, 2011 at 4:16 AM

    Comment #20

    Your grandchildren shall be able to support and watch our beloved club for all eternity ONLY IF Ashley doesn’t bring us to another relegation, like 2 years ago. And I can’t see how investing in quality and proven players will ruin our club either. Sorry it was just a funny, and silly statement.

  • TemuriKetsbaia

    Jul 15, 2011 at 4:26 AM

    Comment #21

    @ TheHeyman

    Bang on.

    The logic is if we spend all the money this year we will have to sell another player next year to fund transfers. If we spend wisely each year we won’t be constrained to being a selling club. (unless it’s silly money).

    Forget the wages thing – that’s balls – If that’s the case we should be talking about 35m plus the overall value of AC’s contract plus Nolans and Campells etc etc. It’s the agents fees AP’s on about.

    People on about having the AC money plus 10-15m invested for transfers – unfortunately Football Manager hasn’t caught up with the way things actually work now. In the KK era you could spuzz cash up the wall… that’s why so many clubs are in the brown stuff now.

  • Zangwill_Ho

    Jul 15, 2011 at 4:41 AM

    Comment #22

    Alan Pardew would be foolish to let Nile Ranger and Smith stay the club

  • PortsladeToon

    Jul 15, 2011 at 4:59 AM

    Comment #23

    your right about smith, but i have doubts about letting Ranger go i think he will start to realise soon what he has and what he has got to lose, this window might be the shock he needs and kicks him into action, just remember the lad is only 19/20 i think you will see a change soon and just remember how hw controlled that arsenal defence when he came on awesome for a lad his age.

  • swoopingmagpie

    Jul 15, 2011 at 4:59 AM

    Comment #24

    Pardew your a stranger to honesty. It would be better if you kept your trap shut

  • Ezedoesit

    Jul 15, 2011 at 5:09 AM

    Comment #25

    There are quite a few premier league teams yet to make a signing. We’ve made four and have two long term injured players returning. Wait till the end of the window to complain.

    Check out this video on YouTube:

  • ilovetoon8788

    Jul 15, 2011 at 5:23 AM

    Comment #26

    So the 35million is with the next few years in mind. Which means the 35million will be spent over 2 or 3 seasons.

    Pardew just needs to tell us the truth, instead of lying and getting our hopes up. Back into the club or team? Or is it he doesn’t know? Keegan was damn right!

  • ilovetoon8788

    Jul 15, 2011 at 5:33 AM

    Comment #27

    Newcastle United boss Alan Pardew fears a bid arriving from Chelsea for Cheik Tiote.

    Pardew fears Chelsea will make a big-money bid for £10million-rated Tiote.

    Toon boss Pards said: “We’re not a Liverpool or any of the clubs above them.

    “We’re competing on a lower level.”


    Just be mentally prepared for Tiote leaving our club. Just in case it happens the blow will be significantly lesser.

  • Frank pingles come sock

    Jul 15, 2011 at 5:43 AM

    Comment #28

    Early update journal today

    Newcastle team spirit is good, Cabaye has brought a deck of porn cards into the dressing room. And pardew has bought 25 yo-yos for every squad member.

  • Frank pingles come sock

    Jul 15, 2011 at 5:45 AM

    Comment #29

    233Frank pingles come sock // Jul 15, 2011 at 3:05 AM

    You don’t think like pardew, you have to react like Liambias.
    If he was here right now I would ask him 3 questions of sport
    A. Why did Andrew carroll spent 30 million?
    B. If Nolan doesn’t get a West ham starting place, where does that leave the fans?
    C. Where is the Milner monies, in Terry mcdermotts back garden?

  • Frank pingles come sock

    Jul 15, 2011 at 5:52 AM

    Comment #30

    Just ask Ashley 1 questions what would they be
    Mine would be

    1. Why do you hate us micheal, is it because we ain’t spurs?
    2.why do you not spent Andrew carrolls money on some footballs
    3. My last question but most importance
    4. Do you think Ba will compliment Ben Arfas awareness?

  • Frank pingles come sock

    Jul 15, 2011 at 5:52 AM

    Comment #31

    Just been checking sky tv and guess what?

    On channel 972 there is a 5 hour special on Newcastle reserves under Kevin Keegan,

    Players featured were Stuart Elliott, Brian pinas, Paul Brayson, Paul arnison, David Burt and Darren huckerby.

    It was great , didn’t realise how good these lads could have been

    I watched it very closely

    I didn’t blink or cry

  • Frank pingles come sock

    Jul 15, 2011 at 5:53 AM

    Comment #32

    If newcastle play with only one man up top then let that man be vukic, with airy playing just behind him
    Put Benjamin arfa on the left side of the half way line with gosling tying his laces?

  • Frank pingles come sock

    Jul 15, 2011 at 5:54 AM

    Comment #33

    Based on our starting eleven do you think our team would be able to score a goal v the west Indian cricket team?
    My answer is – maybe
    Based on the following thesis,
    Newcastle have better players, so therefore if an opportunity arose to score a soccer goal I think our chances would be significantly higher than 60%
    any Geordies wanna bet?
    Huh thought not….?

  • Frank pingles come sock

    Jul 15, 2011 at 5:56 AM

    Comment #34

    Newcastle United boss Alan Pardew fears a bid arriving from Chelsea for Cheik Tiote.

    Pardew fears Chelsea will make a big-money bid for £10million-rated Tiote.

    Toon boss knob jockey said: “We’re not a qpr or any of the below them.“We’re competing on a lower level.”


    Just be mentally drunk for Tiote leaving our club. Just in case it happens the blow will be significantly lesser.

  • Frank pingles come sock

    Jul 15, 2011 at 5:57 AM

    Comment #35

    Pardew your a stranger to my cousin Angela. It would be better if you kept your fly up

  • Frank pingles come sock

    Jul 15, 2011 at 6:00 AM

    Comment #36

    If I support Newcastle, but who supports the English army? Mike Ashley ??


    So why not put Barton back in the centre of the Geordies hearts

  • magpiedave

    Jul 15, 2011 at 6:00 AM

    Comment #37

    When will these so called supporters get real. There are new rules coming in from FIFA we were in the proverbial when Ashley took over. Do you live to the maximum on your credit card at home by getting out another credit card that is the recipe for trouble. The trouble is we were spoilt by a careless director who thought it best to spend spend spend to look good with the supporters and be the big man about town, but where did it get us, despite all the money wasted by the club we have achieved little over the last 49 years just look back at all the ‘Big Name’ signings we have made apart from Shearer and a few more what have they done for the club apart from drain its resources then run off when times got difficult. Stop calling Pardew a liar you have no proof. You shout for news from the club and because he does not say what some of you want him to say ‘We are signing a super rich lazy sod at the end of his career but he costs £40 mil so he must be good’ you call him a liar get real. We are going the right way on and off the field there is no magic bullet it takes time and patience on both sides to build a football club that can keep its head above water in the 21st century. Remember Football is a business it is not a loss leader in a supermarket. A busineess has to make a profit to survive unless you have one of the very few individuals in the world who can throw millions around without thinking about it, and where would Chelski be if Abrom asked for his money back because he had a new toy to play with (and it could happen if they do not win the Championship, FA Cup, Champions League every year) I believe the club needs to be in a good financial state and have a team of players willing to put heart and soul into the club, unless you want the likes of Owen back that is. Ashley wants success, but he does not want to put us back where we were when he took over and let’s face it when he was there very few had a good word for FSS, stop moaning all the time your life is miserable enough in these austere times. If it was your money you may act the same as Ashley but then again you may not and end up bankrupt.

  • Frank pingles come sock

    Jul 15, 2011 at 6:03 AM

    Comment #38

    My theory

    Mike Ashley lives in a hut with David Frost.

    He spent 35 million on a big ice cream.

    He thinks Demba Ba is a place in new jersey USA

    But likes our centre half called Collicini

    He also bought Alan Smith a house in Cramlington

  • Frank pingles come sock

    Jul 15, 2011 at 6:06 AM

    Comment #39

    There’s more to life than Mike Ashley
    You ignorant scrotum

    He will be gone soon

    And someone else will buy us

    If Mike Ashley didn’t or hadn’t if bought us then someone would have 100%

    There is plenty of other clubs that he can pi55 off to

    We weren’t in that much debt u grease ball

  • Frank pingles come sock

    Jul 15, 2011 at 6:07 AM

    Comment #40

    Mike Ashley for head coach

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