It was a surprise to us that our new French players did not have pay-cut clauses put in their contracts if we are relegated, when they signed in January, and as a contrast, QPR to attract top players had to put release clauses in the contracts of their new players, so that Loic Remy and others could quickly leave the club if they were relegated.
Llambias and Ashley – Newcastle in good shape financially
Sunderland demand a clause of decreased wages in their player’s contracts if they are relegated.
QPR are relegated, and their top players will leave the club just as soon as they can after the season ends – and we are hoping we can smash the London side on Sunday, and be safe, but we have our doubts.
The Northern Echo is reporting today hat Newcastle decided not to put pay-cut clauses into the contracts of any new players signed, after we were promoted a short three years ago.
And it seems that part of that decision was based on the increasingly bright financial picture at the club – and Newcastle were the 20th club in the word based on revenues for last season, and also the 20th most valuable football club by Forbes magazine.
We hope and pray relegation will not happen, because we’ll miss out on £60M next season from the new TV deal, but it seems that if Newcastle are relegated, the club will still be in a much healthier position to keep paying the players their top wages, and hopefully we’ll be able to hang onto some of the better players.
It’s a bit worrying though with the World Cup a little over a year away in Brazil, and top players will hardly want to play in England’s second division next season.
There have also been big increases in the parachute payments made to relegated sides, so if the disaster did happen and we are relegated, it’s a decent bet that we could have a very good side next season in the Championship, and get straight back up.
But another relegation in four years is the last thing we want to happen, if indeed we are building a top side for the future – which is what we thought was happening.
It’s a huge embarrassment to be battling smaller clubs like QPR, Reading, Southampton, Norwich and QPR to survive this season – but that’s what’s happened.
Better to avoid relegation now – by winning at QPR on Sunday -and then the summer transfer window should be extra exciting for Newcastle fans, as we feel almost certain that Mike Ashley will strengthen the squad big time this summer, after what has been a disastrous season for the club.
You can also reach Ed at firstname.lastname@example.org