Why Can Newcastle Not Match Top Clubs Financially?

Alan Pardew has talked about how Newcastle cannot match the top clubs on a financial basis, but surely with the financial books now being balanced, and extra revenues flowing in from Wonga from the shirt deal, and crowds at St. James’ Park being around 50,000 again, we should be starting to see money coming into the club that we didn’t have before.

Derek LLambias – MD has agreed best deal ever with Wonga

And Derek Llambias only recently said that the Wonga shirt deal is the best deal ever in Newcastle’s history, so things on the financial front must be looking up, especially when our wages are now under control, and not a whopping 75% of revenues as they used to be before we were relegated.

But Alan Pardew is still insisting that Newcastle just cannot match other clubs financially:

“I think it’s harder for us, I genuinely do.” “The four Champions League teams have the finance to attack that with two squads, really, whereas we are attacking a competition that has many more games, a heavier schedule and a more difficult night, Thursday night, with a much-reduced squad, so of course it’s much more difficult for us.”

“You have only got to look at the other two clubs in the competition and we are all having very similar seasons at the moment – and they are stronger clubs than us, financially.” “It just goes to show you that it does make a big impact on your Premier League situation.”

“But you want to be in a competition that gives you some fighting chance in your own league, and this is very difficult, and we all know that as Premier League managers.” “It’s whispered about. ‘Blimey, that’s going to be tough for you next year’ – that’s all heard during the summer – and it has been.”

“I do feel that perhaps it needs to be looked at a little bit. Whether Spanish clubs and German clubs have that same opinion, I’m not sure.”

When we’ve seen teams like Chelsea and Manchester United play in Europe this season, we’ve been surprised how few changes they make to their sides from the Premier League games, and certainly Tottenham in the Europa League seem to play almost their strongest side.

Newcastle is about the only team in England that makes wholesale changes to their side for Europe from the Premier League games.

And with Newcastle now financially stable, and balancing the books, it cannot be long before we can match some of the bigger clubs like Tottenham and Liverpool, and surely we’ll have to do that, if we are going to become a top team consistently again in England.

As time goes on Newcastle should be getting better off financially, and be able to compete with the top clubs in England – and if that’s not our strategy – it should be.

What do you think about this?

Comments welcome.

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