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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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Pardew Could Get Over £60M War Chest This Summer

7:43 am, Friday, January 31st, 2014 by Dr. Ed Harrison · 31 Comments

It’s been well publicized  that over the next three years Premier League sides will get between £60M and £100M at the end of each season from the Premier League, and the amount depends on where clubs finish in the league, how many times they appear live on TV, and some other factors.

Newcastle United v Chelsea- Barclays Premier League

Alan Pardew - £60M war chest available in summer?

Newcastle are currently in 8th position in the league – so if we finish in that position  at the end of the season, we could get around £86M in May.

And if we are unable to spend any of the £20M today that we received for Yohan Cabaye – this is the last day of this January transfer window – that money will also be available  in the summer.

And if we take a quick high level look at Newcastle’s finances and assume we have to break even very year at least,  then last May we received only £40M from the Premier League – when we finished in 16th position.

So that would suggest that at least £46M of the £86M would be available to spend, and we would still break even financially.

So at a high level, it seems to us that Newcastle could spend £66M in the summer and still break even.

In part that’s because of the huge increases being given to Premier League clubs over the next three years, and of course it also includes the £20M we got for Yohan Cabaye this week.

£20M – but we have weakened the side for the rest of the season. :(

And Alan Pardew is showing just glimpses of frustration when he said yesterday that he would have to rebuild the side again – with Cabaye gone and others – like Loic Remy, Shola Ameobi, and possibly Papiss Cisse – leaving in the summer.

But of course Newcastle have to want to build a top side first of all – and then second – they have to be willing to allocate big funds to do that.

But from our cursory look at Newcastle’s  finances - big money would be available to the club in the summer –  and we’d still be able to at least break even.

Now it depends – as always – on what owner Mike Ashley wants to do.

Comments welcome.

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Tags: Financials · Newcastle News · Recruitment · Transfer News and Rumours



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31 responses so far ↓

  • 1 thai-mag // Jan 31, 2014 at 7:45 AM

    BULLSHIT!!! NEXT!!!

  • 2 Lilongwe Geordie // Jan 31, 2014 at 7:47 AM

    Hahahahhahahahahahahahha…. Thanks Ed, I needed a good laugh this morning!!

  • 3 magfly // Jan 31, 2014 at 7:49 AM

    Dream on Ed

  • 4 Greebol1892 // Jan 31, 2014 at 7:50 AM

    Load of bull! As long as we avoid relegation, Ashley will be happy cos he’s making money.
    AND people need to get real… Strolla is going nowhere.

  • 5 Transfer Sage // Jan 31, 2014 at 7:51 AM

    Is it April already?

    But seriously by the time you take into account scouting costs, a hotel for joe to stay in when negotiating, agents fees, signing on fee and wages we’ll maybe have enough for a 5mil player.

  • 6 Lilongwe Geordie // Jan 31, 2014 at 7:55 AM

    Sage,
    Maybe have enough for a £5million player, but probably only bid £2million for him….

  • 7 JDdubai // Jan 31, 2014 at 7:58 AM

    Its all fine, Sammy will be like a new player, got the 5 or 6 young’uns coming back from loan, shola will get an extension on his contract so that so even with losing the 7 or 8 players that will go I think we will actually have a stronger squad without having to spend anything.

    All these teams spending money to try to achieve something, all idiots, we are the only club who is doing it right, clever us, just check out our P&L!!

    Long live the regime!!!

  • 8 JAMSHA // Jan 31, 2014 at 7:58 AM

    hahaha 60mil realy??? if that why doesnt the tw@t spends 60mil nw … so that we get the players an finish high an earn bit more an he can keep all the money bak

  • 9 toonarmydownsouth // Jan 31, 2014 at 7:58 AM

    Aaahahahahahahahhahahahaha
    Stop Ed man, I can’t breathe!!!!

    Pardew doesn’t have any transfer funds because he has nout to do with them and it doesn’t matter how we have we’ll still low ball offers and get no one!!!

    Same sh*te different window

  • 10 SholaHeskey // Jan 31, 2014 at 7:58 AM

    Does anyone else think we should take a loan or two off spurs? townsend and/or holtby? just so were not light and they have so many midfielders they will be happy to lend us one. plus we dont have to buy anyone now, we can wait until the summer and let Joe checkout Holdsworth and Segers – apparently great players

  • 11 clinath@ed // Jan 31, 2014 at 8:01 AM

    Its not really funny is it…?

  • 12 Lilongwe Geordie // Jan 31, 2014 at 8:01 AM

    SholaHeskey,
    I wouldn’t want either Holtby or Townsend on loan. I don’t think Townsend is all that anyway, and I’d rather allow Sammi a chance then bring him in on loan so that he is better prepped for Spuds next season.

    I’d take Holtby, but only on a permanent deal.

  • 13 Slank // Jan 31, 2014 at 8:02 AM

    Sage,

    Well said.

    I’m surprised Ed has fallen into the trap of assuming that the money received is always going to be allocated to the purchase of new players. Money received goes into running the club of which some will be allocated for all the costs, that you mentioned, associated with buying players.

    The other equation is that all the other clubs in the league will be receiving cash too and will be in the market for new players and in addition the price of players who have played in a World Cup rises and therefore what you can buy with your war chest is diminished.

  • 14 Lilongwe Geordie // Jan 31, 2014 at 8:03 AM

    Clinath,
    I think it is more of a laugh or cry type moment…

  • 15 toonarmydownsouth // Jan 31, 2014 at 8:04 AM

    Sage
    I have it on good authority that the ince to palace deal before wages and agents fee’s cost around £1 million, however after they added wages and agents fee’s the cost was closer to £129 million
    Silly palace, there going to do a Leeds!

  • 16 ash1001 // Jan 31, 2014 at 8:05 AM

    Ed, for crying out loud – GET REAL, we will be thinking your on Ashleys payroll soon.

    Just when is everyone going to get real Pardew is part of the clan, if Ashley did not like some of the things he spouts forth with, then he would be out of the door, but then he would have to get a replacement. Ashley can control Pardew any which way he likes, Pardew is as big a part of the problem as JFK and MS – no doubt about it.

    Look at the Remy red card appeal, Pardew comes out and says he deserved it – then appeals against it (dumber than dumb), whereas Hughton says straight away he was going to appeal Johnsons. We all know who started all the bother yet he gets away with it – could it be the FA do not like Ashley.

    Then there’s the fact that tomorrows match is not been televised, could it be the TV companies have had enough of Ashley getting global coverage for Sports Direct as well as a fat fee.

    Me, I am just sick of them all

  • 17 Lilongwe Geordie // Jan 31, 2014 at 8:06 AM

    Slank/Sage,
    Lets not forget that we announced a multi million pound revamp of the training ground due to start in 2015. That should take up most of the incoming money.

  • 18 toonarmydownsouth // Jan 31, 2014 at 8:06 AM

    SholaHeskey
    Don’t think we can, can we? Thought you could only have 2 loan signings in the premier league which is why Stoke signed Ireland permanently?

  • 19 ash1001 // Jan 31, 2014 at 8:10 AM

    ED – what the hell are you doing with all the tracking cookies on your site – 12 at the present time, thats a bit over the top, you must be coining it in, how about you buying the club.

  • 20 Newcastle Knight // Jan 31, 2014 at 8:15 AM

    I think we should sign players now for July. That way we don’t get stuck in a bidding war when these players managers decide to try and get more money. Knowing all these English clubs are cashed up.

  • 21 Geordie1 // Jan 31, 2014 at 8:16 AM

    Yawn!!! were more likely to 60% off SD chat t-shirts than 60 million to spend on players. This has to be the joke of the season ED!!!!

  • 22 jayo // Jan 31, 2014 at 8:24 AM

    Players should be brought in now for next season they need time to settle. Oh hold on its JFk where talking about now the best DOF in the world (NOT)

  • 23 geordiemark // Jan 31, 2014 at 8:25 AM

    that’s a new one 60 million to spend in the summer but as we all know we wont spend nothing as mr Ashley will pocket more and more money out of our money pit

  • 24 jayo // Jan 31, 2014 at 8:26 AM

    Season ticket deadline be for deadline day HMM at it again Ashely

  • 25 SholaHeskey // Jan 31, 2014 at 8:26 AM

    Lilongwe, i think townsend isnt a bad player…makes chances, more than some at our club.

    TADS – i wasnt aware of that rule – just read it now and you can have as many international loans as you want but only 2 english loans…silly that

    considering the fa are pushing for more english players in the top tier too

  • 26 hemphill // Jan 31, 2014 at 8:34 AM

    How easy it is to believe such stories. And although Pardew were to receive the money supplies, clown-Kinnear sits on a finger up his ass, and is completely useless. The only thing he can do about it is that the whole club gets a laughing stock because of this idiot.

  • 27 toon-farmer // Jan 31, 2014 at 12:10 PM

    No feckin chance

  • 28 StuW // Jan 31, 2014 at 12:15 PM

    We can all live in hope……….

  • 29 toonluvva // Jan 31, 2014 at 3:33 PM

    Er, no he won’t.

  • 30 Owldman // Jan 31, 2014 at 6:16 PM

    Who ever wrote this blog must be smoking that happy baccky ,Ashley spending £60 million on Players in the summer you must be having laugh.Ive more chance of winning the euro millions/

  • 31 Todd-USA // Jan 31, 2014 at 9:18 PM

    Yeah, he might get that war chest. In the same manner I might be dating Kate Upton this summer.




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