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 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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