No Change In Newcastle’s Miserly Approach To Transfers

Newcastle may be able to get three players signed up before the World Cup starts on Thursday, and if we are successful in doing that, Newcastle will have signed two free agents in Jack Colbert from Sunderland and Bafe Gomis from Lyon, and 20 year-old promising Tenerife winger Ayoze Perez for £1.6M.

mike ashley

Mike Ashley – seems uncomfortable to spend big money on transfers

There’s nothing wrong with signing free agents, and it’s getting more common these days that players run down their contracts at a club,  so they can then become free agents, and thereby get a better deal at their new club, because the buying club does not have to pay a transfer fee.

But what we haven’t seen from Newcastle so far this summer are any big signings, and we haven’t seen the club too keen to spend too much of the £100M in revenues we have taken in since January,  with £20M for Yohan Cabaye and then just short of £80M from the Premier League, after we finished 10th in the league.

Newcastle have bid a paltry £6.5M for top target Remy Cabella, but that’s no more than we bid for him in January, and that was not enough then for Montpellier – and surprise, surprise – its not enough now after the player is now a full International, and also now in the 23 man French World Cup squad.

And the news in the last couple of days is that while Newcastle may go in with a second bid for Cabella – a slightly improved bid – Mike Ashley will not get into any auction for a player.

And not only that, but we still keep seeing reports that Mike Ashley will not pay more than he thinks a player is worth – so once again we could be in for a long and hard summer transfer window, with some potential deals dragging on and on and on – you know what we mean.

Think of Mathieu Debuchy two years ago.

Its time now that Newcastle finances are in really great shape, and Ashley deserves credit for that – to loosen up the purse strings a little bit, and let Newcastle go in and get their men early in the summer – even if it means paying a little over the going price for a player.

In the long scheme of things that will be much cheaper – and will allow Newcastle to become a much stronger side, if we start to do that.

If we go on like we’ve doing over the last few years and bid a very low and sometimes insulting first offer for our targets – we will get nowhere fast in the future.

Just like we have got nowhere fast over the last seven years under Ashley’s ownership of the club  – other than having great financial strength.

But what good is that financial strength, if the club is unwilling to spend the money they have?

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