It’s one of the worst deals Newcastle have ever made, and we suppose we have former Director of Football, Dennis Wise, to thank for that. Xisco cost Newcastle around £5.5M from Deportivo in the summer of 2008, and with his wages of £50K/week, he’s cost Newcastle an additional £10M in wages over the last four years.
Xisco – cost Newcastle big big money
That will increase by another £2.5M if Xisco sees out his contract which ends next year, at the end of June.
That’s around £18M that Newcastle will have shelled out for Xisco, and he played 9 times for Newcastle with one goal – in his very first game – not a good deal for Newcastle!
And it’s not just the money that cost Newcastle dearly for Xisco, but his signing was kept a secret from then manager Kevin Keegan, and to cut a very disastrous story very short – it ended up with Kevin leaving the club in early September.
And who would believe now, that if Kevin Keegan has stayed at Newcastle, we’d still have been relegated?
Not too many.
So you could say that the Xisco signing cost around £18M for Xisco himself, but how many more millions did it cost Newcastle because of the relegation?
A huge amount, that’s for sure.
We want to say up front, that it’s not Xisco’s fault that Newcastle paid out so much for him, and that it led to Kevin Keegan leaving the club , it had nothing to do with Xisco himself, and that’s not the purpose of this article.
It was other people’s poor judgement of the Spanish U21 striker that caused all the trouble, and from we hear, the 25 year-old is a nice lad and an enthusiastic player.
It’s not his fault Newcastle agreed to pay him £2.5M a year when they signed him, and he has every legal right to stay for the full five years of his contract.
Newcastle will try to offload the player to his former club Deportivo in the summer, again, as they did last year, but we think it will only be a loan deal at best, so that the lad keeps picking up his Newcastle wages.
Newcastle may even try to do a deal with the player to pay off his wages and try to sell him, and they could even make his a free agent this summer, as Newcastle did last summer with Joey Barton, so some other club would pick him up.
We’ll be seeing Xisco report for training at Benton on July 5th, and Newcastle will be hoping they can offload him, but at least this is the last time Xisco will be at Newcastle – he will not be reporting next July for training – his contract runs out on June 30th, 2013.
Newcastle have become a lot more sage and efficient in the transfer market since Xisco was signed – that’s another fact – and the club will have learned a lot from the Xisco deal – that’s the positive side of all of this.
Xisco has been a costly buy for Newcastle - is probably a huge understatement.