The Telegraph is reporting tonight that not only will Alan Pardew be kept on in his job as the Newcastle manager, even after losing 14 games of the last 20 league games, but he will be given a war chest of £60M by owner Mike Ashley.
Mike Ashley – big money to be spent in the summer
We had reported this morning that Newcastle received £78.8M from the Premier league today, and with the £20M from the Yohan Cabaye there is plenty of money available – so basically one way to look at it – is that Mike Ashley has given Alan £40M of the £78.8M, added to the £20M from the Yohan Cabaye sale, and we assume he can spend money he gets from transferring players already at the club.
That’s the biggest war chest given to a Newcastle manager for a long long time.
New signings are long overdue, with Joe Kinnear having failed to make one permanent signing in the two preceding two transfer windows, and Mike Ashley is well aware – given the performance this year – that if Newcastle don’t spend well, we will be relegation candidates next season.
Lee Charnley seems to have made a good start to his job as the new Managing Director, and he has done really well to get the pre-season schedule all wrapped up – even before the end of the season.
And that will allow fans to plan their July and August holidays and arrange to be at the games, if they can.
Lee is well respected at Newcastle, as a man who can get things done, and we hope he can get us some really good signings this summer, and soon too.
He replaced a man – Joe Kinnear – who was known as a man who couldn’t get things done, so Lee’s almost the polar opposite of Kinnear, and that’s a positive.
Maybe Mike Ashley has been listening to the fans about strengthening the squad – but – yes we know – that’s a really rash thought.