Newcastle Building A Top Team With Financial Thrift

It’s not surprising that Newcastle are looking for good value for money in the January transfer market.

Mike Ashley – club getting on a solid financial footing

The deals Newcastle have done over the last couple of years have been good deals, some of them even excellent deals, and very little transfer money spent in the process.

But the bottom line in all of this is not how much money we spend in the transfer market, but what type of players we are bringing into the club.

When you think of last summer’s transfers in, when we supposedly had £35M to spend from the Andy Carroll sale, Newcastle brought in the following players with their approximate transfer fees:

Yohan Cabaye – £4.5M – Lille
Mehdi Abeid – free agent – Lens
Demba Ba – free agent – West Ham
Sylvain Marveaux – free agent – Rennes
Gabriel Obertan – £3M – Man United
Davide Santon – £5M – Inter Milan
Rob Elliot – £300K – Charlton

So we spent close to £13M on those seven players, but we also got money in for these outgoing players:

Kevin Nolan – £4.5M – West Ham
Wayne Routledge – £2M – Swansea
Jose Enrique – £6M – Liverpool

So the net effect was that we spent around £0.5M on transfers last summer, or it was basically a wash, although we understand we had to pay Demba Ba’s agents as much as £2M for his services.

So let’s say we spend around  £2M net last summer for those seven players.

But the point is that Newcastle seem to be able to get good players in and not spend big money in doing it, and that has to be good surely.

Alan Pardew was asked in the Sunday Sun today what the status was of the transfer dealings in January:

“The only way I can sum up where we are in the transfer market is that we are watching everything.” “We might take a player now instead of taking him in the summer, for example.”

“Or we might not take a player now and prefer to take him in the summer.”  “We are weighing that all up because we want to push on but we also want value.”

“Somewhere in between those things is where we are going to buy a player.”  

Pardew is said to have around £8M to spend on players in January, if he can get good players through the door, and if a special player become available there would be more in the coffers, but only for the right player.

Alan was asked if he would go asking for more money from owner Mike Ashley and he had this to say:

“I don’t expect – and I would not after a year in the job – be asking Mike to put in his own money.”  “If you look at it he has put a lot of money into this football club and we need to make it work and I have accepted that.”

“However, we have put ourselves in a decent position on that front, so I do not need to knock on his door for more money.”  “I don’t think he would want me to, if I am honest.

“By the same token he has not suggested he wants money coming out.”

Newcastle are a completely different club than they were under Freddy Shepherd, and they are run as a business – pure and simple.

And it even looks like Newcastle could have their first profit for many a long year,  when the books close in June on this financial year.

We even like the fact that our scouting network seems to be one of the best in the business, and that Graham Carr can unearth some real talent for very little money.

Newcastle have invested big time in both the scouting network and in youth, and it seems to be paying off big time, especially  over the last eighteen months since we came back into the Premier League.

And if that’s the way Newcastle build their next great team – hey – that’s okay with us.

What do you think?

Comments welcome.

33 comments so far

  • Troleibusiukas_LTU

    Jan 15, 2012 at 10:35 AM

    Comment #1

    I’m hope full of more good players coming to Newcastle in Jan and Summer.

  • Ponderous Pardew

    Jan 15, 2012 at 10:36 AM

    Comment #2

    MAs reticence may make for a few neurotic fans, but for me, he’s simply allowing the football to take centre stage, which is the most important thing.

  • Troleibusiukas_LTU

    Jan 15, 2012 at 10:36 AM

    Comment #3

    We also have huge number of young talented lads in our squad and reserves 🙂 future is promising.

  • Dannyo

    Jan 15, 2012 at 10:38 AM

    Comment #4

    Youth will deffo help us quite the way in terms of building a good top 6 club, no doubt about it.
    It’s so incredibly important, what u’re doing is investing the future of the club in youngsters, so they have to be talented, cause u want them to bring strength and perhaps at times a new dimension to a side.
    I see us pushing the 4th spot regularly within 2 years. We’ll lose players along that way, but it’s important that we have ready players either coming in or coming up through the ranks, so that our momentum doesn’t fall.

    It’s atlast exciting times to be a NUFC fan and a NUFC player imo, i wouldn’t want to jump off this ship.

  • shearerno9

    Jan 15, 2012 at 10:41 AM

    Comment #5

    Even though i would be in full agreement thus far with the transfer policy, ie sell if a massive bid comes in and look for genuine value for money (but with the massive bid re-invested) I would still like for Pardew to be kicking down the door asking for funds no matter what the situation.

    I feel he should be trying to squeeze every last penny out that he can to improve the squad, an extra million or two could potentially make a huge difference – it payed for demba ba after all..

  • Dannyo

    Jan 15, 2012 at 10:41 AM

    Comment #6

    Imo, doing transfers like we currently are, NUFC is the “moneyball” of the PL, and i’m loving it.
    It feels like we’re sticking it to the big guns 🙂

  • Troleibusiukas_LTU

    Jan 15, 2012 at 10:42 AM

    Comment #7

    agree on ashley. I kind a like his dealing on transfers, but IN Jan we must get a good defender. I would like to wait for the summer if i would know that the strikers brought in would be Luuk de Jong and Hoillet. Also hope Tiote and Demba will reject big money offers to join teams with low team spirit. I think we could hold on them, because we will play in Europe next year 🙂 Also we could get players of a good quality in the summer because of European spot.

  • spitfire_

    Jan 15, 2012 at 10:47 AM

    Comment #8

    I agree that the club must show financial discipline but now isn’t the right time. The club doing very well and Pardew must be backing by fat Ash. Now is the time for investments who can push the club in the battle for Europe.

  • shearerno9

    Jan 15, 2012 at 10:48 AM

    Comment #9

    I seem to be saying it year on year now but i think next season is vital for us, get off to a good start and we should be fine again, if we dont i can see it being a bit of a struggle of a season for large parts but still finishing in a respectable place.

    If we were to hold onto this squad (with the exceptions of smith/lovenkrands/perch) and then only add to it with some genuine quality players then I think we should only be looking up 🙂

  • sirtoongospel

    Jan 15, 2012 at 10:49 AM

    Comment #10

    Being honest, the nett spend from the Summer is far higher, probably around 6 0 7 million in agents fees and apparently the insurance for Demba is astronomical.

    We still should have big money left but i think we spent around 8 million minimum.

    So hopefully we can spend similar in the next 2 or 3 windows and get better and better 🙂

  • partizanovec

    Jan 15, 2012 at 10:52 AM

    Comment #11

    Buying central defender as cover for Collo and Willo must happen this window. And a striker, as McLoven is injured, Shola constantly having hip problems, so we are only left with Best for a month.

  • Howden Mag

    Jan 15, 2012 at 11:12 AM

    Comment #12

    Pardew comment, ” We are desperate for cover players in defence midfield and a goal scorer. I have banged on Mikes door and he has given me an open wallet to get what I want now. I know I will have to spend over the odds for what I want but I cannot wait, I’m desperate” Does that sound better or just crap business .

  • stuart no9

    Jan 15, 2012 at 11:26 AM

    Comment #13

    pardews comments when asked if he will be asking ashley for more money in the transfer market, are not surprising. He loves the job he has got here, he dosnt want to lose it by asking ash for more money, even though he KNOWS we have to hsve more cover , no bottle. That is one of the reasons a lot of fans cant take to him, too much of a yes man. He also said “ash has put a lot of money in the club” he has took a lot out of the club too, probably more than he has put in. IMO

  • bills-son

    Jan 15, 2012 at 11:30 AM

    Comment #14

    I remember getting slaughtered a year ago by the likes of solano, jail and goals for saying MA had a plan that he would stick to and that it would take us forward.

    That is exactly what has happened – and is happening still.

    The response of the above mentioned neggers – and many more like them – was MA’s only plan is to ruin this club, skirt with relegation and sell for profit any time a decent bid comes in.

    How WRONG they were eh?

    We’ve since brought in Ba, HBA, Cabaye, Santon, Abheid, Marveaux, Obertan and given new long term contracts to Tiote, STaylor and Guti, have a 4/5 top quality youngsters who have had first team experience this season, we are 7th in the Prem, still in the FA Cup AND we are looking to add more quality players to the squad.

    And yet … some fans STILL say Ashley is an unambitious FGB ??!!

    Get real. Get real.


  • bills-son

    Jan 15, 2012 at 11:34 AM

    Comment #15

    stuart no9 – you are one of those who wants to get real.

    You are knocking Pardew ffs?

    The guy who has lost Carroll, Barton, Nolan and Enrique – the so called heart of the team – yet biought brilliantly, organised us fantastically, got us tactically the best we’ve been in years, and got us to 7th in the Prem.

    And all you can do is KNOCK HIM?

    Get real. Get real.


    Jan 15, 2012 at 11:36 AM

    Comment #16

    Imagine your said to you she doesn’t like a wall in your living room, its been badly decorated and needs to be stripped right down plastered and repapered, this is what Ashley and team are sorting out.
    Strip off the paper which if we use this metaphor are the players who are overpaid too old and not of the type who fit into the system they want to play.
    Remove the plaster and reapply it, this means build up the academy and bring in the very best young talent possible, preferably who we can get because they haven’t signed contracts with their clubs and do this with method and consistency.
    Apply a suitable wallpaper, players younger than 26 who are better than the ones they replace and on less wages.
    Wait until the youth develop to the point were they are ready for first team football then sell players over 27 or 28 before their value drops.
    This will work as long as we select the right talent at youth level and develop them into the first team, but they only go into the team if they are going to be better players than the ones they replace.
    We are currently resurfacing the wall but will soon be in the position to concentrate almost solely on youth recruitment and development.
    The other big clubs are wondering what the hell has hit them, we are way ahead of the game and l fully expect our club in a couple of years to be challenging the top 5 every year until the plan or the scouts drop off the pace.
    Those that are worried about players leaving shouldn’t they will be replaced by either a better player or a better team if it was to happen.
    We have a winning formula and a very, very astute group steering us into the promised land.

  • stuart no9

    Jan 15, 2012 at 11:45 AM

    Comment #17

    bills-son – pards knows that we need cover but is not going to ask ash for any money. tells me every thing about the man. a 24 carot coward. its getting really bad when we need players but fear the owner that much to ask for the finances.

  • toonbrother

    Jan 15, 2012 at 11:48 AM

    Comment #18

    Buying cheap players only matters to the club if the money saved is invested in the club not pocketed by a greedy owner. Fans are so gullible cheerleading Ashley as he sucks the club dry. Jails too good for him as the man says

  • stuart no9

    Jan 15, 2012 at 11:50 AM

    Comment #19

    bills-son – you should be ashamed of yourself . slating the likes of nolan carroll barton . the very soul of the team that got NUFC , YES YOUR TEAM PROMOTED. NOW THERE IS LOYALTY FOR YOU.

  • bills-son

    Jan 15, 2012 at 12:03 PM

    Comment #20

    stuart no9 – you want to engage your brain before posting.

    The last time I spoke to my agent mate we were in for a CB and trying to sign Erding (even you should have picked that up) – Pardew doesnt need to bray down Ashley’s door for signings – he is getting them ffs.

    And WHERE have I slated Carroll and co ?

    The ‘so called heart of the team’ referred to fans who said by selling them team spirit would collapse and we’d get relegated, WRONG.

    They all did good jobs for the club – but we’ve replaced them with better players.

    No slating from me – get ya facts right bonny lad.

  • stuart no9

    Jan 15, 2012 at 12:11 PM

    Comment #21

    bills-son “- we are getting them ffs” where are they?

  • solano

    Jan 15, 2012 at 12:11 PM

    Comment #22

    Bills-son – I notice you didn’t comment on the fair critique of Pardew on an earlier thread.
    You are forever shouting your mouth off about your hero Ashley, but it is Pardew who deserves most credit for welding something together from the limited resources given to him.
    We, as fans, would like to see the advancement of this so-called plan to include backing the manager when he has publicly and no doubt privately, stated we need strengthening. The selling of our most talented players, as most fans fear will happen because of past broken promises and lack of trust, will hardly be a formula for success. As long as the squad retains wasters, has beens and never will bes and we have an owner disinterested in football achievment and happy to have the worst public relations with his paying public, where we are now will be the pinnacle of success.

  • solano

    Jan 15, 2012 at 12:27 PM

    Comment #23

    When we start replacing the weaker players in our squad instead of the best (and most profitable), then it will be a signal that there has been a sea change in the direction and ambition of NUFC.

  • cupiddstunt

    Jan 15, 2012 at 12:51 PM

    Comment #24

    stuart no9 @ # 13

    If you remember back around November when all the news was about the “owls“ drunken rant about various aspects of the club and how it was being run, and he made comments like “Kevin Keegan can’t take pressure. His f****** head is all over the place,” and ”You guys don’t understand how f****** horrible we can be.”

    Well in those quotes was one about Hoots and it was ““With Chris, he couldn’t cope with where we are mentally. We are aggressive. You need to be aggressive. I don’t want a manager below me who can’t argue.”

    So Chris was apparently sacked for being “indecisive” and too agreeable in other words a yes man,and in Llambias’s own words “I don’t want a manager below me who can’t argue”

    Now does that sound like they want yes men????????

    As it doesn’t sound that way to me.

    Toonbrother # 48

    There’s not a single bit of info to indicate MA has taken as much as a penny from the club although there ‘s plenty to show he has loaned the club over £130 mil of his own money. You have read some stupid negative claim on these blogs and now your head is full of it. Talk about being gullible, you and the other neggers on here cheerleading one another.

  • bills-son

    Jan 15, 2012 at 4:26 PM

    Comment #25

    cupiddstunt – spot on.

    Great post.

  • max

    Jan 15, 2012 at 4:29 PM

    Comment #26

    just buy someone.. no more talking

  • stuart no9

    Jan 15, 2012 at 4:34 PM

    Comment #27

    cuppid @ 24 with all due respect too your comment, i honestly feel that somewhere in that drunken rant , and you have to believe that is all it was ,”a drunken rant” which i have to say ” shame on the man for TRYING to justify the sacking of a member of his staff at a time when he was intoxacated ( PISSED for the benifit of bills-son) he is trying to justify his can interpret that rant how you wish, but i would also like to point out that being in a position that lambiass is in , i would have thought he would have a bit more decorum and / or self respect

  • bills-son

    Jan 15, 2012 at 4:45 PM

    Comment #28

    stuart no9 // Jan 15, 2012 at 12:11 PM

    bills-son “- we are getting them ffs” where are they

    Erm … has the window closed yet?

    As I said, engage your brain first.

    The unabitious FGB’s team are now 6th by the way.

  • bills-son

    Jan 15, 2012 at 5:16 PM

    Comment #29

    solano // Jan 15, 2012 at 12:27 PM

    When we start replacing the weaker players in our squad instead of the best (and most profitable), then it will be a signal that there has been a sea change in the direction and ambition of NUFC.

    What a load of untrue boolocks.

    The unabitious FGB’s team are now 6th by the way.

  • wynsleap

    Jan 15, 2012 at 5:24 PM

    Comment #30

    I wonder who really is the most convinced:
    a) Stuart – who thinks these top players will probably not come in this January or
    b) you who think they probably will?
    I know who my money’s on.
    And before you go on about bets etc, see the importance of the word “probably” in those questions.
    After watching Shola’s “display” today wouldn’t you expect your owner (if he had any ambition) to be desperate to get in a really good striker?
    Problem is, I, and many others, don’t have faith that Ashley wants to open his purse strings and allow the team to go that little bit further this season.
    It’s what owners (with ambition) – and especially those who have yet to outlay a penny in their tenure FOR PLAYERS , would actually do?
    I would be happy to come back on here and apologise if Ashley backs Pardew significantly – but I ain’t holding my breath.

  • Phil K

    Jan 15, 2012 at 6:57 PM

    Comment #31

    Give credit where its due.
    Its worked so far with Ashers.
    We’d give him hell if we’d been in trouble, give him credit when it’s going better than we’d thought.

  • solano

    Jan 15, 2012 at 8:10 PM

    Comment #32

    Bills- I’m more than aware and indeed, very happy at where we are in the league but it doesn’t negate my valid point @ 23.

  • Jinky Jim

    Jan 15, 2012 at 8:22 PM

    Comment #33

    Will wait until Feb 1 to see if Ashley has balls or not. We must get another front player. Stroller is not a premiership player and never has been and we have no premiership strikers on the bench. How many shots on goal today? 4 ffs
    QPR had 4 inside 5 mins. and there in the bottom 3.
    Best players today,Colo, Willo,Spiderman and HBA,good individual goal from Besty,which saved us a lot of embare arsement


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