Pardew – We Can’t Compete On The Financial Front


We know very well that Newcastle cannot compete financially with clubs like the two Manchesters, Chelsea, Arsenal, Liverpool and Tottenham Hotspur, but that’s all – those clubs are richer clubs than Newcastle United at the moment.

mike ashley smiling

Mike Ashley – must start thinking about bigger goals

But apart from those top six clubs in England Newcastle should be able to compete with any other club in the Premier League.

This is what Alan Pardew said yesterday about Newcastle’s financials:

“It’s always frustrating in the transfer market but we’ve got a strong squad and we did some business last January, which put us in good fettle because the six months of experience they got will stand them in good stead.”

“I think the figures the top clubs are paying out is ridiculous. We can’t compete with them on a financial level so we have to be as clever and shrewd as we can, and get players in of the same quality but for a lot less money.”

“Joe’s position here is to make sure the transfers come in, and he’s working hard to do that. He’s taken over Derek Llambias’ job and so far it’s working okay.”

What has worried some Newcastle fans this summer is that it seems smaller clubs like West Ham, Cardiff City, Swansea City, Fulham and Norwich City seem to have more money to spend and higher wages to offer than Newcastle do.

We’re not sure why that’s the case, and while we are probably number seven in England as far as our financials are concerned,  don’t forget we have the 20th largest revenues of any football club in the world, according to Deloitte.

And we would hope Newcastle would rise in that financial league table,  and surely our long term goal is to crack the top four in the Premier League.

So if we are truly going to go after a top four place in the next two or three years, we have to start acting like a top four club.

The time to do that is now.

What do you think?

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18 comments so far

  • stuart no9

    Aug 17, 2013 at 12:55 AM

    Comment #1

    of course we cant compete , our owner is only a billionaire – what do you expect ??

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  • Schwefelberg

    Aug 17, 2013 at 1:01 AM

    Comment #2

    So much for the Wronga money.

    Actually I dread Monday. It will make me sick to my stomach to see the Wronga logo on every player. The club has become perverted and disfigured under Ashley and it takes a lot to do that us,

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  • stuart no9

    Aug 17, 2013 at 1:08 AM

    Comment #3

    from last post——
    shwefel i would do what ever it took to get rid of him – boycott would be an option i would aprove of if we could get the figures needed to make any impact

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  • paul24

    Aug 17, 2013 at 1:09 AM

    Comment #4

    Ive edited these comments to say what he really means, incase anyones not sure.

    ” I do and say what Ashley tells me to”.

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  • dan5679

    Aug 17, 2013 at 1:10 AM

    Comment #5

    looks like nobody will be coming in think if we get anyone it will be a loan … maybe sinclair … we just need 2 players …we do have a okay team we have space for 2/3 players thats it so if we get 2 players in i would be happy with that …we probably need to sell next transfer window/summer ,,
    its a big season for anita / marveaux/tiote /obertan/ and the younsters like vuckic/.sammy ameboi..i think we might see quite a lot of these leaving next year

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  • Greebol1892

    Aug 17, 2013 at 1:13 AM

    Comment #6

    The only “sensible” billionaire on the planet. Ashley took on the club to make profit for his own pocket & ultimately to sell the club for a healthy profit – not to use as a plaything.
    Ashley is staying put. He’s a successful businessman who can keep the club in the black but hasn’t the faintest idea of a football club heirarchy nor any other football factors.

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  • JP...from The Rock

    Aug 17, 2013 at 1:14 AM

    Comment #7

    With these 3 players we could easily burst into the top 8: Mertens, Gomis, Ince.

    Sign Remy permanently in January and add Sakho to that with a pre-arranged contract now for first option to buy in the summer-for when Colo leaves to Argentina- and we’re done, simples. It really is that easy.

    Our sad sorry bunch of a board can’t see that sadly. This is what depresses me. They seem to give a shite where we end up as long as we stay in the EPL and don’t cost too much money to maintain.

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  • paul24

    Aug 17, 2013 at 1:16 AM

    Comment #8

    @stuart no9

    We are going to be planning a sit in after a few of the games this season, nothing official but yet but it will be on the cards if we get the numbers. I’ve been playing the boycott card for ages but most fans are just too stubborn, they think by going to matches they are supporting the team, when they are actually supporting the regime. If you want to do something about Ashley have a look at our page on Facebook.

    https://www.facebook.com/mikeashleyoutcampaign?hc_location=stream

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  • paul24

    Aug 17, 2013 at 1:17 AM

    Comment #9

    *nothing official yet but

    My bloody typing’s getting worse and worse 😛

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  • JP...from The Rock

    Aug 17, 2013 at 1:21 AM

    Comment #10

    What a depressing summer this has been- AGAIN! Thank you Ashley you tight fat cu*t !

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  • Charlietoon

    Aug 17, 2013 at 1:31 AM

    Comment #11

    Threads dead baby threads dead

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  • manxpie

    Aug 17, 2013 at 1:32 AM

    Comment #12

    what an utterly depressing blog this has been this summer!
    jesus we’ve actually got a good team ya know!!?
    all fit infact we’ve got a great team but i’ve already seen on here “sell cabeye!” “sell arfa” or staylors shit cisse’s crap he can’t stay on side!!
    how about actually supporting the team and having a wee bit of optimism it won’t kill ya like!?

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  • ash1001

    Aug 17, 2013 at 4:39 AM

    Comment #13

    ED, sorry to say this but you are as bad as Ashley, blog upon blog – all the same to increase your advertising revenue, Ashley does exactly the same, in a slightly different way, he gets the fans annoyed, and somewhere along the lines ‘Sports Direct’ gets a mention.
    As for Pardew and Kinnear the sooner we ban those two words from the blog the better, both are useless and have no meaning.
    Are UEFA going to apply the Financial Regulation rules, because if they do, I have no idea how some clubs are going to get around them, so we may become a Champions League club by default, Yes it really is laughable when you think of the things the Norwiches etc. of the PL have done in an attempt to move forward, even more so when ‘ the silver ones’ makes statements like he continually does.

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  • NEWEXPATMAGPIE

    Aug 17, 2013 at 7:12 AM

    Comment #14

    @12:
    Manxie, you,ve just highlighted the very reason why i hardly ever use this Blog anymore!

    Most, never even react anyway to what i say, resorting to name-calling and insult! I am sometimes, amazed at some of the comments / downright racism occassionally from some who wish to use this forum as a Political Forum ?

    “This is a Football Blog”?

    Not sure when it happened but this whole Blog is full of people who are seem to think they are armchair Footy experts. If some of them were let loose with the club we would be spriralling into Debt as quick as you can Transfer Window ?

    Oh well ! Back into the ranks of the Silent Minority !

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  • Robin_S

    Aug 17, 2013 at 7:34 AM

    Comment #15

    It seems to me that Newcastle United can’t compete as a premier league club.
    Ashleys reluctance to invest properly in the squad stinks of a plan to sell the club to me

    http://www.winnersports.co.uk/ashley-to-sell-newcastle-and-buy-rangers-80200

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  • one Tony Green

    Aug 17, 2013 at 8:31 AM

    Comment #16

    @Ash post 13 spot on fella .

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  • miggy

    Aug 17, 2013 at 8:34 AM

    Comment #17

    Boycott the games its the only way ti get fatman out of t club tight greedy tw@t

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  • marshy

    Aug 17, 2013 at 9:30 PM

    Comment #18

    it’s not a question of not being able to compete Alan, it’s wont compete because when it come to newcastle united ashley is tight as a duck’s whatsit.

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