Since the sale of Yohan Cabaye last month, and with the lack of new signings in January, plus the terrible run Newcastle have been on since we lost the last game of last year to Arsenal, many fans would just love Mike Ashley to sell the club and then leave.
Mike Ashley – needs to invest all the profits back into the club
But from what we can tell, the 50 year-old English Billionaire has no intentions of selling Newcastle, and if he did put it up for sale – we are almost certain there would be no real buyers for the club – but we’d still hear all about those phantom people and organizations who are supposed to be interested in buying Newcastle from all around the world.
There’s no doubt that Ashley has brought his financial prowess to Newcastle, and the club is now in a very good financial state – but with our lack of success under Ashley and that relegation in 2009, we have lost significant ground as far as revenues go, to the top six clubs in England – the two Manchester clubs, Arsenal, Chelsea, Liverpool and Tottenham.
And that’s why manager Alan Pardew keeps reminding us we now just cannot compete with the top six, but just six years ago Newcastle were probably a bigger club than Tottenham and Manchester City – but both those clubs have since received significant investment from their owners.
There’s nothing wrong with Ashley wanting Newcastle to break even every year, and it seems Newcastle could do well in building a side in the next year or two, if the owner would only commit to invest all the profits back into the club, and it’s not the first time we’ve said that.
With something like an average increase of £30M in what each Premier league will be receiving from the league – note that’s an increase on the £40M we got last year – Newcastle could be making very decent profits over the next few years.
And if Mike would commit to put around two-thirds of that into buying players – surely we could put together a decent side.
And it would only take Newcastle pushing for a top four position – and saying that’s what they are doing – to prevent us from losing our best players – which will continue to happen far too frequently, if Newcastle languish in mid-table.
This year we will probably lose both Loic Remy and Mathieu Debuchy, in addition to Cabaye, because we don’t have enough ambition for those top players.
Spending around £30M net each year on new players, would certainly help Newcastle build up a very decent side.
And Ashley is already investing in building up the Benton Training Center to be one of the best in Europe – and that’s very good.
What we need to hear from Mike is that he now understands that when you run a football team, how the team performs on the field is if anything – even more important than just balancing the books financially.
We can even see the Newcastle future being fairly bright, if the club just invests its upcoming significant profits back into the club – but we’d also like to hear somebody in authority say that’s what’s going to happen.
One of the things that is very poor on the balance sheet at Newcastle is the commercial income, which is pitiful, but if Newcastle can become successful again, incoming revenue like the shirt sponsorship will rise significantly – that money will rise almost directly proportional to how successful Newcastle are.
And it all builds on itself to increase the commercial revenue, success breeds success – and the Newcastle United brand around the world could be improved significantly.
It’s very difficult to get high commercial income, if you’re only a middle of the table Premier League side.
If the club can start spending a large portion of the profits in the transfer market, Newcastle could become a lot more successful than we’ve been over the last five years – that’s almost a given.
What do you think?
Follow us on Twitter, like us on Facebook and +1 on us on Google+