Pardew – Targets Are There But It’s The Finances


Alan Pardew has sounded optimistic today about Newcastle being able to sign at least one new player  – the last day of the summer transfer window.

neil warnock alan pardew

Neil Warnock and Alan Pardew on Saturday

But what we are surprised about is the manager says the targets are there and available, it’s Newcastle’s finances that need to be worked out.

This is what Alan has said today:

“My situation here is that I like to think we are still looking at the market,” “As the manager, I am hoping one comes in. That’s all I can say, really.”

“It’s not about targets now, it’s about finance,” “The targets are there. It’s about whether we can do the finance.” “It’s possible that we need to create some room.”

Newcastle have the funds available to buy players or bring them in on loan, there’s no doubt about that.

We have received around £112M in total from the Premier League (around £80M) and outgoing transfers of Yohan Cabaye (£20M) and Mathieu Debuchy (£12M) and only spent a net of around £3M this year so far in the transfer market.

So money is available.

What Alan is referring to is we have a surplus of players and the wage with nine new players in and very few having moved out will be high – probably too high at the moment.

Transfer funds are usually treated as capital expenditures, which are costs that are spread out over a number of years, since they are usually large amounts, but wages are the day-to-day running of the club – the expenses or direct costs if you like.

So it seems that unless we can move a few players out, and get them off the wage bill, that will inhibit players coming through the door today.

That would be (very) disappointing if that happens, and it’s one reason the club are trying to get Ben Arfa’s wages – as one example – off the books.

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255 comments so far

  • Pottz

    Sep 1, 2014 at 8:59 AM

    Comment #1

    Why don’t they just pay up ferguson and vuckic’s contracts and make space in the squad? After all they can’t be on that much of a wedge!

    Or am I missing something?

    0
  • WestOzMag

    Sep 1, 2014 at 9:00 AM

    Comment #2

    We have a billionaire owner. What do you mean the finances are not there!!!! Oh wait, he’s as tight as a fishes ass

    0
  • firebug666

    Sep 1, 2014 at 9:00 AM

    Comment #3

    David Craig is at the #NUFC training ground. He believes we will see some action at the club. Linked to Jermain Defoe http://t.co/ByRUDr5VCa

    0
  • OneAlanShearer

    Sep 1, 2014 at 9:01 AM

    Comment #4

    So ashley needs to wake up….who are they kidding. Tiny net spend, huge tv money, no striker or cb, no cover for cb. Sickening. Toothless and leaky….what a great way to go forward. Cut the crap pardew. We are limping and you want us to be happy about it. Enoughs enough….invest or go ashley!!

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  • OneAlanShearer

    Sep 1, 2014 at 9:02 AM

    Comment #5

    Pottz just dont declare players in the 25 man squad…they don’t even have to leave.

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  • Lilongwe Geordie

    Sep 1, 2014 at 9:05 AM

    Comment #6

    Pottz/Firebug,
    Releasing players doesn’t mean that more finance is available, you will have to pay up there contract which would be a lump sum immediately. We may as well keep them on the off chance someone comes to take them on loan – let’s not forget lower league clubs can still loan players.

    Wouldn’t want Defoe. Doubt we will see any incoming unless Mbiwa and HBA go. Will be interesting to see if HBA gets named in our final 25 man squad once the window closes.

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  • Pottz

    Sep 1, 2014 at 9:06 AM

    Comment #7

    Onealanshearer.

    So it’s another BS excuse.

    0
  • Average_Contents

    Sep 1, 2014 at 9:08 AM

    Comment #8

    Westozmag

    Exactly he’s just been shown for what he truly is….a little blurt lol

    Everytime he posts I’m going to post that message the sad troll/wum

    0
  • Pottz

    Sep 1, 2014 at 9:09 AM

    Comment #9

    Lilongwe Geordie

    Thank you for the info and alternative view.

    0
  • WestOzMag

    Sep 1, 2014 at 9:12 AM

    Comment #10

    So im going to watch and listen to see and hear how every club below us is going to improve their squad yet we will be saying all day/night that the finances are not there. For the love of god just buy us out someone. We need rid of the evil in this club

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  • welshgeordie9

    Sep 1, 2014 at 9:12 AM

    Comment #11

    2WestOzMag

    I was only on here because Average likes to bitch when I’m not on, so until pardew goes then I won’t be back on here.

    i bet all of you will spend all day watching sky sports news hoping something will happen, sad very very sad.

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  • firebug666

    Sep 1, 2014 at 9:12 AM

    Comment #12

    Lilongwe Geordie

    I agree about having to pay off their contracts, but then sometime contracts can be cancelled by mutual agreement allowing the player to become a free agent. Maybe this is something the club have looked at or should look at, especially in the case of Jonas, who they just do not want at the club anymore.

    They must have known that space would be needed, but seem to be sitting on their hands rather than getting the work done that is needed.

    I still say it is down to greed, the club want money for the players they want shot of, the question is how much?

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  • Lilongwe Geordie

    Sep 1, 2014 at 9:14 AM

    Comment #13

    WestOz/AC,
    Couldn’t care less if he is a billionaire owner, it is up to him whether he wants to put his own money in or not, I don’t blame him for that. However, we are probably sitting on a profit of £40million, plus the £10million from last year, and for the club not to allow that to be spent is scandalous.

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  • welshgeordie9

    Sep 1, 2014 at 9:15 AM

    Comment #14

    one last thing.

    Wouldn’t it be nice if newcastle could play like swans.

    Just a thought.

    Anyway TTFN

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  • WLtoon

    Sep 1, 2014 at 9:17 AM

    Comment #15

    @3
    Defoe is signing for QPR as a replacement for Remy, its just been on radio.
    George Courtney has said that the Lacazette deal is almost over the line.
    Well there is a big difference George,almost and is are miles apart when it comes to NUFC..
    Ive just finished night shift so im off to bed,and i doubt very much ile wake up with a surprise signing.
    The only movement we tend to have on transfer deadline day is players getting sold.
    I would,nt be surprised at all if Tiote goes for a nice hefty fee and a handsome transfer window profit for the fat cockney leech.

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  • firebug666

    Sep 1, 2014 at 9:18 AM

    Comment #16

    9:00

    Alan Pardew doesn’t expect to do much business today at Newcastle, but has told Sky Sports News Radio that if he sells he’ll also buy.

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  • Laurent Robert 32

    Sep 1, 2014 at 9:18 AM

    Comment #17

    No signings in two windows and we only spent the Cabaye and Debuchy money. We have got funds for a CB ST and new coaching staff. It is an absolute insult to suggest finances are an obstacle.

    0
  • Tom_John

    Sep 1, 2014 at 9:20 AM

    Comment #18

    Poor David WASTED his time… if you see pardew. Slap him..

    0
  • Lilongwe Geordie

    Sep 1, 2014 at 9:20 AM

    Comment #19

    Firebug,
    Even mutual agreement requires a final settlement. I can’t imagine that many of them would give up their entitled earnings for free. Particularly as I’m sure the club would let several of them go for nothing if a club wanted them.

    The space is irrelevant, you just don’t put them in the 25 man. Whatever happens with Jonas, he won’t be named, however he could find a club and then thrash out a free deal with us outside of the window. From what I have read, the club don’t want anything for Jonas, heard various rumours on HBA’s price. Ferguson, Vuckic will be allowed to go for very little. Obertan is probably the only one who will probably have a prohibitive fee.

    It is more to do with the wages/nobody really wants them.

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  • GeordieDan

    Sep 1, 2014 at 9:20 AM

    Comment #20

    “A positive transfer window” that has addressed NONE of our problems from last season and created even more!!!!

    Well if we get nobody else in we’re F****D and even Pardew surely has no chance of keeping his job when were 10 games in with 4 or 5 point on the board. 6 if we’re lucky.

    This whole “the group is the closest/most positive I’ve had” bullshit is classic Pardew drivel. Once we lose a couple more games we’ll see how quickly the new lads realised just what a clueless gobshite he is and Pardews bullshit train will be full steam ahead by then.

    Ah, feels like last season all over again already. Happy days! >o/

    0
  • WestOzMag

    Sep 1, 2014 at 9:22 AM

    Comment #21

    That’s what i meant welsh, its the money he is keeping from us from the prevoious transfers, tv money etc..

    0
  • beermonkey

    Sep 1, 2014 at 9:25 AM

    Comment #22

    welsh

    your back

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  • Markaccus

    Sep 1, 2014 at 9:25 AM

    Comment #23

    AC

    I do agree APs post match interviews are as repetitive as his our set pieces, but i just dont think the games provide him with enough to talk about 😀

    He is actually being truthfull over this finances thing, though. However, being true doeant make it any less sad 🙁

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  • GeordieDan

    Sep 1, 2014 at 9:32 AM

    Comment #24

    The “finance” line is just the usual BS . We alk KNOW its coming. EVERY year EVERY window. Just how thick do they think we are?

    Wheres the Tv money?
    Wheres the Shirt sponser money?
    Wheres the money from matchday takins(pies etc)
    Wheres the money from ticket sales?
    Wheres the Andy Carrol Money?
    Wheres the money from advertising (oh yeah Fatman steal that at source by not paying anything for SD asdertising!!!

    And the Ashlwy apologists says “well it goes on wages, floodlights and undersoil heating…blah blah… BULLSHIT!

    And I’d bet my mortgage on that “Interest free” loan doesn’t go down 1 penny either.

    F**k this I’ve had enough. Apologies for the language today but I’m not going through another season following this SHITE. Thats it for me till they’re gone. End of

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  • GeordieDan

    Sep 1, 2014 at 9:34 AM

    Comment #25

    The “finance” line is just the usual BS . We alk KNOW its coming. EVERY year EVERY window. Just how thick do they think we are?

    Wheres the Tv money?
    Wheres the Shirt sponser money?
    Wheres the money from matchday takins(pies etc)
    Wheres the money from ticket sales?
    Wheres the Andy Carrol Money?
    Wheres the money from advertising (oh yeah Fatman steal that at source by not paying anything for SD asdertising!!!

    And the Ashlwy apologists says “well it goes on wages, floodlights and undersoil heating…blah blah… BULL$HIT!

    And I’d bet my mortgage on that “Interest free” loan doesnt go down 1 penny either.

    F@ck this I’ve had enough. Apologies for the language today but I’m not going through another season following this SHIT€. Thats it for me till they’re gone. End of.

    0
  • spaghetti bandit

    Sep 1, 2014 at 9:40 AM

    Comment #26

    Sky linking us with defoe,, never gunna happen..

    0
  • beermonkey

    Sep 1, 2014 at 9:41 AM

    Comment #27

    blimey been along time since we had a ssn news reporter outside the training ground on deadline day

    maybe they know something

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  • Slank

    Sep 1, 2014 at 9:44 AM

    Comment #28

    firebug666 @ 3

    ‘..David Craig is at the #NUFC training ground. He believes we will see some action at the club…’

    It will be the Greggs van again for Ben Arfa.

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  • firebug666

    Sep 1, 2014 at 9:49 AM

    Comment #29

    Slank

    Well Greggs have been the busiest this transfer window, 7:30 delivery to HBA’s house, transfer 4 boxes of steak slices, 8:00 delivery to training ground behind the back fence, 8 boxes of pies, two boxes of crisps and a create of cola, job done Benny sorted.

    0
  • Wandering Geordie

    Sep 1, 2014 at 9:49 AM

    Comment #30

    Lacazette deal back on with a bigger fee touted

    0
  • Slank

    Sep 1, 2014 at 9:51 AM

    Comment #31

    WestOzMag @ 2

    ‘..We have a billionaire owner. What do you mean the finances are not there..’

    With today’s European FFP it is immaterial whether someone is a billionaire. Man City and Chelsea have found that out. They have the money to buy who they want but they can’t.

    Ashley has said that the club has to be self financing and he has told the club that they will get no more money from him. The club has to generate its own wealth.

    0
  • beermonkey

    Sep 1, 2014 at 9:52 AM

    Comment #32

    can we not mention greggs I am hungry and fancy one of there baked bean cheese melt things and a bacon cheese turnover

    0
  • Slank

    Sep 1, 2014 at 9:55 AM

    Comment #33

    firebug666 @ 26

    I’m glad someone is one the ball.

    Perhaps because Turkey doesn’t have a Greggs is why he didn’t fancy the move ? I bet he is Googling up Greggs now to see if they an outlet in Birmingham !

    0
  • jayphoto

    Sep 1, 2014 at 9:59 AM

    Comment #34

    Ha david Craig only expects action at SJP to keep us idiots watching!
    Don’t know how the finances aren’t there? We’ve got a transfer balance of +6m for last 2 seasons and shipped out people on bigger wages than what’s been brought in?

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  • toonarmydownsouth

    Sep 1, 2014 at 9:59 AM

    Comment #35

    @SimonBird_: It is going to be a fascinating fight between #safc and #nufc for 12th/13th place. It’s what football dreams are made of.

    0
  • Wandering Geordie

    Sep 1, 2014 at 10:00 AM

    Comment #36

    Defoe s name strongly linked on the web at the mo

    0
  • jimmysmith

    Sep 1, 2014 at 10:04 AM

    Comment #37

    Ashley ought to seriously consider buying our A league counterparts, who I believe are going cheap, and then ship Benny out on loan. I’m sure he’d jump at the chance as the pies and sausage rolls down under are far superior. FACT! Tubby Taylor can join him.

    0
  • geordie157

    Sep 1, 2014 at 10:05 AM

    Comment #38

    I’m switching off sky sports news until Natalie is on, business tends to pick up then.

    Hopefully anyone travelling to Qpr turns them down and goes to palace instead.

    0
  • Tsunki

    Sep 1, 2014 at 10:06 AM

    Comment #39

    Defoes’ agent is busy I’d say. Bleurgh.

    0
  • firebug666

    Sep 1, 2014 at 10:06 AM

    Comment #40

    Slank

    They have a MacDonald in Istanbul but I have to say it just doesn’t taste the same as here.

    However I’m sure Benny will have no problems getting a Greggs order in Brum, UPS will have it there before it gets cold.

    beermonkey

    Sorry mate but I’m sure if you tweet Benny he will help you out with the various delivery options available for the baked bean cheese melt and a bacon cheese turnover.

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