Big Money Available For Summer Transfer Window

It will not come as a surprise to Newcastle fans that the club seem to handle their finances very tightly, and we didn’t spend a penny in the January transfer window and that’s the last time we could bring in players before this financial year ends on June 30th – so that should guarantee another stellar financial report when it’s issued in a year’s time.

mike Ashley smiling

Mike Ashley – money will be available this summer

And that means absolutely nothing to Newcastle fans, who want to see a lot more money spent on Newcastle players on both their transfer fees and wages – that’s what’s needed if Newcastle are going to be competitive again.

That’s because other Premier League sides like Swansea, Southampton, West Ham, Stoke, Everton and others will be spending the extra money they will be getting from the Premier League to build good sides.

If we don’t start spending the money we have available, we could be left even further behind – never mind clubs like Arsenal and Chelsea and the like.

There’s nothing wrong with the way Newcastle get some good deals in the transfer market, but at times we also have to pay out some decent money for good players when the need arises – and that need arises when we want to build a top squad.

A top squad is one that can compete for a top six position in the Premier League.

So with no players coming in during January and a new coach expected soon – hopefully at the end of May – it’s not surprising that Newcastle will bring in a number of new players in the summer – we need them after limping through this season.

Newcastle had revenues of £129M last year, announced by Deloitte last month when we were the 19th richest club in the world, and that’s over £33M more than in the last financial year, and record revenues for the club.

That’s because it’s the first year of the new TV deal (the £3B one – soon to be £5.1B in 17 months time) and we see no real extra costs for Newcastle,  so that £30M should flow right down to the bottom line – the profits.

And since we made just short of £10M in the last financial year,  the profits could be close or even more than £40M – another record for Newcastle.

There could even be a backlash when those results are announced by the club, because Newcastle refused to spend any of it to bolster our squad last month.

It’s not rocket science to work out we are going to make some big money through the Premier League TV rights – the real question is – will Mike Ashley spend it?

Newcastle need a striker, center-back and creative central midfield player at a minimum in the summer, and we expect to see some young Development players brought in too.

So it could be a good summer transfer window for Newcastle United.

But it needs to be if we are not be left behind by clubs like Swansea, Southampton, West Ham, Stoke, Everton and others.

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14 comments so far

  • spitfire_

    Feb 17, 2015 at 9:50 AM

    Comment #1

    The title – the big money available for the summer

    The picture – the fat smile

    A proof and a disproof at one place.

  • Ibizatoon

    Feb 17, 2015 at 9:57 AM

    Comment #2

    Yep, this is it, the summer we’ve all been waiting for.

    We’ve carefully been planning for this moment, a moment where we no longer have to say we cannot compete financially with the mid table teams.

    Honest. It’s coming.

  • hibbit

    Feb 17, 2015 at 10:15 AM

    Comment #3

    last night was the first time in a very long time i was happy to be a nufc supporter the kid’s played very well and looked as if they wanted to win chelsea are a top quality side with some top class players that cost a fortune there was more atmosphere with a 11ooo crowd then a full house at a prem game we did a lot better than the score line suggest

  • hibbit

    Feb 17, 2015 at 10:19 AM

    Comment #4

    and it was free

  • Lindisfarne

    Feb 17, 2015 at 10:23 AM

    Comment #5


    Reminds me of those late night call in shows on TV.

  • one fine day

    Feb 17, 2015 at 10:35 AM

    Comment #6

    A completely misleading headline ed this same steam has been rehashed how many times?
    Not long until we here. Stuff like ” newcastle to have 80 million war chest this summer” all of course released as season ticket deadlines approach.
    Think we have all wised up to this
    We will have ante spend hi summer of. Maybe 5 million max after selling the guts of our team once again and replacing with young bargains from French and Spanish second tier and those who come through will of course be again sold at huge profit .
    And so it goes on
    Anyone buying a season ticket I’d be looking for the option of first 10 games only as after jan it will be more of this apathy.
    Halls and shepherd were far from perfect but there legacy is one of the best stadiums in Europe
    Ashley’s will be a minty big screen telly that looks like he got it from Argos
    Says it all .

  • one fine day

    Feb 17, 2015 at 10:36 AM

    Comment #7

    Here hear

  • banjax

    Feb 17, 2015 at 10:45 AM

    Comment #8

    Like many I thought this headline was factual news Ed. Naughty. Remember to use apostrophies to be less mis- leading!

  • banjax

    Feb 17, 2015 at 10:47 AM

    Comment #9

    PS. We all know Newcastle have money to spend !!!

  • Sav

    Feb 17, 2015 at 10:49 AM

    Comment #10

    Taken from the Chronicle article where again, no reliable source is named. It is hardly coincidence this club claim comes out just in advance of massive profits being announced. In our case, a lot of money will be spent just to bring the squad up to muster, not massive investment to improve quality, which is what we should be witnessing.
    Sorry to be negative but I don’t buy club PR statements anymore, with good reason.
    The chief indicator of the club’s ambition will be demonstrated in their choice of coach.

  • shear-class

    Feb 17, 2015 at 11:01 AM

    Comment #11

    Hibbit – I couldn’t disagree more I thought the kids were mediocre continuously giving the ball away when not under pressure they all gave 100% but if that’s our future were in trouble Freddie Woodman was my man of the match which says it all really the atmosphere was non existent as per usual at St James now .we only have Ashley to blame for that

  • KevinLee

    Feb 17, 2015 at 11:28 AM

    Comment #12


  • cg

    Feb 17, 2015 at 6:05 PM

    Comment #13

    I don’t know why I even bothered clicking on this link since even IS-women know fatAssley won’t spend a penny on new players, unless profit on selling on.


    Feb 17, 2015 at 6:25 PM

    Comment #14

    Yeh Sure! I,ll believe it when i see it ! The Most important issue to me is the New Headcoach, and i hope to God it aint JC or Steve Mclaren!


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