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News and Commentary On Newcastle United Football Club By Ed Harrison, A Proud Exiled Geordie And Lifelong Fan

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Newcastle In Great Financial Position – Pardew

12:34 am, Friday, December 20th, 2013 by Dr. Ed Harrison · 22 Comments

We’ve mentioned a few times that Premier League clubs will get an average of £30M more each season, from the new three-year Premier League TV deal which has started this season.

alan pardew vs west brom at home 2-1

Alan Pardew – Newcastle in great financial position

So a very simple way of looking at the financial situation is that if Newcastle maintain their costs at what they have been in the last two seasons, and we’ve made a profit in each of the last two seasons, then that £30M should go directly to the bottom line – the profits.

And hopefully that money will be available to Alan Pardew as transfer money – and of course portions of it will be invested into the various facilities and other improvements at Newcastle – such as the scouting network – but hopefully the profits will be invested back into the club.

This is some of what Alan Pardew had to say yesterday, in what was a fairly short press conference for the game on Saturday at Crystal Palace:

“I am pretty confident that my owner and the club are in a great financial position. I would be a lot more nervous if we weren’t.”

“Cabaye’s a great player, there are always going to be big clubs sniffing around him. We are fortunate to have him, we are enjoying him while he is here and long may that continue.”

“It would be foolish not to have targets, so there are a few people we are looking at, making a few phone calls just to see if they are staying until the summer or what their views may be.”

We may get bids for Yohan Cabaye in January, but Newcastle don’t need to sell him for financial reasons, and we would expect that Mike Ashley will be asking around £20M for the French International central midfielder.

So if Cabaye does go, then it will be for silly money – in the same way that Andy Carroll was allowed to leave Newcastle.

Comments welcome.

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Tags: Financial Fair Play · Newcastle News · Transfer News and Rumours · Yohan Cabaye

22 responses so far ↓

  • 1 JackButler // Dec 20, 2013 at 1:02 AM

    Another window looms and yet again Pardew is talking about our players to the press FFS Pardew just be quiet

  • 2 Jail for Ashley // Dec 20, 2013 at 1:19 AM

    He does it every window, wouldn’t surprise me if he’s on some type of percentage deal as part of his wages.

  • 3 Jail for Ashley // Dec 20, 2013 at 1:24 AM

    When does his contract run out, I can’t see us holding out for 20M when he gets to the last year of it.

  • 4 Jail for Ashley // Dec 20, 2013 at 1:26 AM

    June 2016, somebody might stump up the cash

  • 5 Mister Tuff // Dec 20, 2013 at 1:37 AM

    Jail – evening – the way I see some of the confusing banter about new players is -as Percy says he may be after one or two in January – and JFK say we have no money -the only possible means to get new players is a sale of a player.However, I don’t think anybody going to the world cup will be wanting to change clubs halfway through this season.
    If we buy without selling anyone – it would suggest the stories about no money are “porky pies”.

  • 6 Jail for Ashley // Dec 20, 2013 at 2:07 AM

    Mister Tuff,
    Good evening, or morning where I am, after six years of Ashleys reign, suggestion of porkies being told are now accepted as fact and are actually being touted on here by some as not porkies but strategy to throw people of the scent.

  • 7 Mister Tuff // Dec 20, 2013 at 2:23 AM

    jail -there have been that many contradictions coming out of SJP it’s difficult to believe anything. Percy says the squad is the best it’s been depth wise, then he says he’s looking at one or two, then we hear there is no money. Then SD News is running stories about other clubs being interested in some of our players. We had heard we were only aiming for a top ten position, no interest in any cups. Now we hear we are after Europe -no distinctions as to whether it’s CL or EL. To make that final push for CL would take some doing. I cannot see us even with some top results finishing higher than City/Arsenal/Chelsea/ Liverpool. We certainly need more than one star striker. I think I’ve learnt not to believe anything until I see it. One thing though we are doing better than I had anticipated at the start of the season.

  • 8 Jail for Ashley // Dec 20, 2013 at 2:52 AM

    Mister Tuff,
    It’s annoying that people think that those with anti regime views want to see the team doing poorly, nothing makes me happier than see us win week in week out, the big difference is that if Ashley proves us wrong and spends it is for the benefit of the fans and club but more often than not when he proves us right , it is demoralising and just has his supporters inventing more excuses.

  • 9 Jail for Ashley // Dec 20, 2013 at 2:54 AM

    Mister Tuff,
    There doesn’t seem to be any cohesion at the club with one director saying we’re not interested in cups, why o why would the club release a statement like that and who allowed Dirk Dastardly to issue that purple statement, that really helped up Willos game didn’t it.

  • 10 Mister Tuff // Dec 20, 2013 at 3:09 AM

    jail – Ashley really does nothing to endear himself to the fans now -probably changed after the “death threats”. I do not like the regime -wonga/changing the name of SJP/advertising at SJP/banning the press etc etc. Unfortunately we’re stuck with Tubbs until he decides to sell. Anyway that me off to the pit.

  • 11 Jail for Ashley // Dec 20, 2013 at 3:12 AM

    Mister Tuff,
    You’re dead right there, he’s not going anywhere fast, he’ll get his debt back hang around till he’s made a shed load of dough then sell us to a mate of his to carry on the pillaging.

  • 12 swemag // Dec 20, 2013 at 3:35 AM

    So tell us what your dream owner is? What he does? Who is it?

  • 13 Jail for Ashley // Dec 20, 2013 at 4:24 AM

    Bill Gates finding out his Grands was a Geordie and finding out about the totalitarian reign of Mashley and coming to the rescue.

  • 14 Jail for Ashley // Dec 20, 2013 at 4:25 AM


  • 15 Novocastrian66 // Dec 20, 2013 at 5:09 AM

    JFA. Nightmare scenario. Bill finds out he has a long lost brother, who was disowned for being ugly, called Eric. Bill wants to make things up with his prodigal sibling and buys Sunderland.

  • 16 jesperfuglsang - captain of the lemon crew // Dec 20, 2013 at 5:45 AM

    I think this can be said as well about the man picking the tactics and philosophy; just because one don’t believe in him doesn’t mean one doesn’t want to see us win :-)

  • 17 Lilongwe Geordie // Dec 20, 2013 at 6:28 AM

    I see Tim Sherwood has said he should be in the frame for the Spurs job… Based on what exactly?? His 3/4 years as a coach, or is it because he is an ex pro?? The whole mentality of former players getting the top jobs in management and coaching is crazy. If I spent 12 years working as a brickie would I then be eligible for a top role in an architecture firm? There are people who become coaches at the ages of 18/19/20 and dedicate there life to coaching and improving there knowledge about coaching and their methods. Why aren’t these people given these roles as they are far more qualified. All they require is probably a bit of media training.

    Hats off to the FA for giving 31 year old Mark Sampson a shot as England woman’s team coach, despite the fact he is younger than some of his players. 31 and has managed the Bristol Academy female team for 5 years, and worked as Academy Manager under Martinez at Swansea. That is a coaching resume, not having played as an average midfielder for 10 years.

    Rant over. Apologies for its lack of NUFC content, just gets on my nerves a bit. :-)

  • 18 70TWO // Dec 20, 2013 at 7:13 AM

    I thought it was significant what Sherwood said about the teams performance, showed he had no appreciation of the players at his disposal. If he had actually thought about that then he would not have spent his night sleeplessly imagining, only to come back down to earth with a bump.

    The Ex-pro / Qualified Coaches debate is relevant to NUFC and the staff employed throughout the club. Bring on the horses, strike that, the coaches!

  • 19 Lilongwe Geordie // Dec 20, 2013 at 7:17 AM

    Also great to see Ollie Bernard taking over at Durham. Hopefully he can put his experiences at Morpeth Town to good use and start helping the region develop talent again. Not only kids, but if he really works at it, we could have a great breeding ground for coaches as well as kids. Wish him all the best in his venture!

  • 20 Spoof // Dec 20, 2013 at 8:09 AM

    Why does Pardew get stick for mentioning our players when a transfer window is appoaching, whatever he says will make no difference as to whether a player stays or goes and if he refuses to answer a quetion that’s put him then that would be ignorance from him, he is not touting players he is answering questions put to him, if you don’t like the questions he is being asked then have a pop at the person asking them rather than the man answering them.

  • 21 Spoof // Dec 20, 2013 at 8:16 AM

    Jail at 8

    it could also be more beneficial to him as well, spend £20m and sneak a top 4 place and the chances are he could be doubling his money, more than double if CL football has a positive impact upon SD’s expansion into Europe.

  • 22 sirjasontoon // Dec 20, 2013 at 8:24 AM

    F OFF Pardew.

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