£10M Made – Good Month For Hierarchy – Bad Month For Fans


Things have changed at Newcastle in the last five weeks or so, because as well as selling our players in January or loaning them out – we have also this month essentially sold a manager .

We got as much as £4M from Crystal Palace when Pardew broke his contract and Palace had to pay compensation for him, and that was only a few months after he was almost fired and that would have cost Newcastle at least one year’s wages in a termination agreement – maybe £2M?

mike Ashley smiling

Mike Ashley – needs an injection of AMBITION

And we also sold Mapou Yanga-Mbiwa to Roma last week for £5.5M, and that’s around £10M we have made this month – and we assume we’ll get some loan fees from Rangers for the five players we have loaned out to them – and from Inter-Milan for Davide Santon, who is on loan through the end of the season, and then they can make the deal permanent.

But the thing that really hurt yesterday was our inability to get Dele Alli into the club from MK Dons, after we had been in the driver’s seat for a couple of months, but couldn’t get the deal done and Tottenham stepped in a few days ago and completed the deal last night.

That was really hard to take, because Dele looks like he’s a great attacking midfielder in the making.

If we could win the league by having the best financial statements in the league (profits) – we would be a lot happier at the moment, but the mood among Newcastle fans today is one of frustration and even anger at Newcastle’s complete lack of ambition and concentration on only making money.

Middle of the table finishes and just getting by all the time – is simply not good enough for Geordies.

That’s not in the DNA.

Other Premier League clubs were hard at work in January to strengthen their squads,  but all we did was allow seven of our players to leave the club, and not one was brought in – so that has hardly strengthened the squad.

Isn’t the the idea for the January transfer window – but not at Newcastle.

We do expect maybe some big money to be available to spend in the summer to strengthen the squad – certainly it’s available – and Newcastle are by no means a poor club – in fact the opposite is now true.

And maybe this January transfer window is not worth the nonsense that goes on in January, and that would mean Mike Ashley wouldn’t be able to sell our top players halfway through the season for big money, and leave us short for the rest of the season.

The Sky Sports hype yesterday was both ridiculous and embarrassing, and it was even worse than the hype surrounding the Super Bowl every year.

Well – maybe not. 😀

We are still hoping Newcastle will have a decent run-in to the season under John Carver – but it’s no thanks to Mike Ashley and Lee Charnley.

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22 comments so far

  • spitfire_

    Feb 3, 2015 at 3:58 PM

    Comment #1

    10 mill for Newcastle from transfers, 10 mill for Rangers. Coincidence? I think not.

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  • 70TWO

    Feb 3, 2015 at 4:00 PM

    Comment #2

    BoyDoneGood

    Your point about prudence is fine and has been discussed before and I accept that it is the correct way to run the club. However there is a tendency to deliberately mislead, negotiate without intent and make non-equitable deals. All well and good to reduce costs and not against any rules and I am certainly not suggesting they should pay way more than necessary. But the club is not held in great esteem, the existing players are not highly motivated to stay and there is no progression.

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  • 70TWO

    Feb 3, 2015 at 4:02 PM

    Comment #3

    £10M is a coincidence and is probably below the actual amount of savings made by the club from Jan to May.

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  • Average_Contents

    Feb 3, 2015 at 4:02 PM

    Comment #4

    Beermonkey

    That’s a lie. The slug never speaks 😉

    RandY (class ibiza)

    He’d get his dog to paint it whilst pocketing the fee then look flabbergasted (enthasised by his floppy chops) when asked where the money went.

    Belfast

    I thought I’d seen someone post it lol. Hate the man.

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  • Average_Contents

    Feb 3, 2015 at 4:05 PM

    Comment #5

    No ed you got it right first time. It’s even more ridiculous than the hype surrounding the superbowl. Cringe.

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  • RandR

    Feb 3, 2015 at 4:07 PM

    Comment #6

    Stuff BandB.
    Forget RandR
    Can everyone just address me informally as RandY from now on?

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  • Markaccus

    Feb 3, 2015 at 4:08 PM

    Comment #7

    Oh my! I didn’t realise it was that sort of blog!

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  • Markaccus

    Feb 3, 2015 at 4:10 PM

    Comment #8

    I will just nip home and grab my studded leather pants….

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  • Average_Contents

    Feb 3, 2015 at 4:11 PM

    Comment #9

    I think you mean RandY stuff.

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  • Ibizatoon

    Feb 3, 2015 at 4:12 PM

    Comment #10

    RandY…For you, of course.

    So then, on thread. Yeah, wonderfully exciting stuff Ed.

    To be fair, the board have worked hard this January to strenghten squads. Other teams squads of course, but let’s not be picky.

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  • Average_Contents

    Feb 3, 2015 at 4:12 PM

    Comment #11

    Mark

    Don’t forget the mask, you know, the one you used with Mike.

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  • Average_Contents

    Feb 3, 2015 at 4:13 PM

    Comment #12

    I think ed’s realised his football blogs turned into an s&m one. Next thread lol.

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  • derekm

    Feb 3, 2015 at 4:20 PM

    Comment #13

    we’re pretty much safe, the new manager has been tapped up and will come in the summer, so it’s no wonder we did’nt buy anyone now.

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  • lesh

    Feb 3, 2015 at 4:36 PM

    Comment #14

    Aye, getting Pardew for £4m hss so far proved to be good business – by Palace! At £2m a place, even if they stay where they are plus the money saved by avoiding relegation, they’re quids in.

    As far as Dele Alli’s concerned, when he’s sold for £squillions later on…… well.

    In both cases, there should be a lesson for our tight-arsed owner – short term gain or frugality doesn’t always pay best returns.

    Where money’s concerned, he’s like a rabbit in headlights – mesmerized!

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  • lochinvar

    Feb 3, 2015 at 4:48 PM

    Comment #15

    What with Harry Rednapp resigning from QPR for a knee op he should be fit again for the start of the new season and be looking for a Managerial vacancy – Rangers might be a good place to start.
    Director of Football at NUFC as a fat big pay off from Mike might be another option.
    Hope not – that would be the end .

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  • BoyDoneGood

    Feb 3, 2015 at 4:52 PM

    Comment #16

    Ed
    We can’t win the league by having the best financial statements, true. We can’t win the league full stop. With our current spending power our wage bill will be mid-table and therefore our position at the end of the year will be mid-table, give or take a couple of places. That’s how it works. In an extreme year we might be 5-6 depending on coaching excellence, or 15-16 depending on the injury situation.
    To say that we have nothing to play for is a declaration that only a handful of fat-cat clubs matter, and everyone else is cannon fodder. We have something to play for every Saturday afternoon, and an away point at Old Trafford is as exciting as a comfy 3-0 at home or a 1-0 against the old enemy.
    We have no God given right to win trophies – we won some in the days of black-and-white TV, £20 a week player wages and the pyramid formation. So what? Bishop Auckland used to be the best if you go back far enough.

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  • kikgras

    Feb 3, 2015 at 5:29 PM

    Comment #17

    how is the club weakened by the loaning and sale of these players in January? NONE of them were in the first team anyway. Cry about having cover if you like, but if we were forced to use any of them, the outcry would be far worse. DID we need reinforcements, of course. But its quite obvious these players were not part of the short term (loaned) or long term (sold) plans. simply accpet who owns the club, their ideal and move on. I’ll watch each and every game – I’ll cheer those on the field and feel great with a win, a point won and feel bad for a loss or point(s) lost. fact is, whining about it does none us any good. until the club is sold OR MA has a huge change of heart to go for trophies, we are what we are.

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  • Moonraker15

    Feb 3, 2015 at 8:14 PM

    Comment #18

    The comments that signings were not important because of our league position completely miss the point!
    Ie we missed out on Dele through plain incompetence! The lad should have Ben ours months ago and I believe the fee was the reason we didn’t get him! Secondly, what on earth are our players loaned rot Rangers gonna learn
    Up there? Nothing, it’s just a leg up for Rangers and I’ll bet they stay on our wage bill!
    Thirdly they’ve shit on Santon for pure financial gain when we really need defenders!
    Some of us fans are far too passive and accepting! We’ve got to show the Fatman what we want and deserve and all that is, is to be as good as we can be not to have the most freakin money ! Grrrrrr I’m pig sick of it !

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  • Moonraker15

    Feb 3, 2015 at 8:18 PM

    Comment #19

    If we were in horse racing we would be suspended for not trying! Is there a precedent ? And by the way I would love to see the accounts cos I’m suspicious of fatso, SD and the club formally known as Rangers !

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  • nufc 11

    Feb 3, 2015 at 10:23 PM

    Comment #20

    I think it was just numbers case with santon being moved on. The clubs model (very like ajax) means they have to move on at least one 1st team player each window they will justify this by the fact of the emergence of dummet and hiadara but the fact is they were trying to move tiote on with no takers santon was next in line. They should have given him a run on the right wing he was never a defender. Short sighted for me.

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  • The overrated Frenchman

    Feb 4, 2015 at 5:32 AM

    Comment #21

    Surely Ashley’s plan is becoming clearer by the day. He’s clocked to the fact that Rangers can be a far better earner than NUFC. Champions League football every season and massive world-wide merchandise sales. And with spending chicken feed by his standards. He can’t afford to run NUFC into the ground, but he can stealthily reduce his financial exposure (as he is doing now) to the point where he can sell it at a realistic price someone is prepared to pay and make a tidy profit along the way.

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  • Maximus Moose

    Feb 4, 2015 at 9:37 AM

    Comment #22

    Every little helps when you`ve only 4 billion in the Bank

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