Newcastle Expected To Spend Big This Summer

The financial results for the last financial year (July 1st 2013 through June 30th, 2014) are expected to be announced nay day now and those figures will show Newcastle highest revenues ever (around 129.5) and highest profits – something north of £40M.

lee charnley and MikeAshley -Getty_3215046b

Lee Charnley and Mike Ashley
Come on Lee – get with it!

The revenues already have us in 19th place ion the Deloitte Money League, although we were as high as 13th during Freddy Shepherd’s time at Newcastle on revenues of around £100M over ten years ago.

The local papers were reporting that the results would be announced last week so what’s holding them up?

Maybe a good explanation for why the profits are so big?

Maybe Newcastle’s explanation for how come we didn’t spend any money in January and therefore have a threadbare squad for the rest of the season when money was available to spend?

We had the money available if we wanted to invest in January we just didn’t do it and made £10M in the January transfer window and we even essentially sold our manager Alan Pardew to Crystal Palace.

Lee Charnley made a good point in the last Fan Forum meeting nine days ago, when the Board said they would try to do all their transfer business each summer, because the January transfer market is a difficult one, being half way through the season.

Hopefully that will include not selling out best players then and nor replacing them, which has caused us problems in the past.

The (very) good thing Mike Ashley has done at Newcastle is to put the financials in order, and somehow the owner has to realize that’s all well and good, but if sufficient funds are not invested back into the playing squad, it doesn’t mean too much.

What’s the point of making £50M profits a year and still being 10th in the Premier League?

The impressive financial results should hopefully come with a statement that Newcastle will invest more in the playing squad in the future, and hopefully that will start this summer with Newcastle having an active transfer window and bring  in a number of new players.

Because we did no business at all in January and the squad is obviously too small with all the injuries we pick up each season, the expectation is it will be a good transfer window for the Magpies this summer.

But we also need to keep our best players and not sell them, because as we’ve seen,  it takes time for new players to settle in, however good they are.

Comments welcome.

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33 comments so far

  • Lilongwe Geordie

    Mar 11, 2015 at 8:29 AM

    Comment #1

    Lilongwe Geordie // Mar 11, 2015 at 8:29 AM

    Why would appointing a new head coach be doing something for the team or fans? Everything the club do is calculated. It isn’t just on a whim. They will be looking to see if they think Carver will keep the club afloat next season. There is little evidence to suggest he could, but a few more good results and they may well have that.

    Even if we got a new coach in, that doesn’t mean it is someone the fans want. They will look to appoint someone who can get them safety. Again it will be a calculated decision based on what evidence they have available to them.

    Everything they do is, the last 2 Jan windows are further evidence of this, they have looked at what we have, the squad, and calculated that we are safe. Therefore it is okay to allow players to leave, without any incomings.

    It is what many fans refer to on here as a gamble, but in reality it is the decision based on whatever number crunching and analysis they have done. Even with Carver, and the current depleted squad in the last 10 games only West Brom and Palace have won more points than us. We have moved closer to West Ham who now occupy 10th, then we have to QPR/Sunderland/Hull/Burnley/Villa/Leicester.

  • Lilongwe Geordie

    Mar 11, 2015 at 8:36 AM

    Comment #2

    On the young coaches, they were doing the FA’s Elite level coaching course, one of the highest recognised coaching qualifications in football.

    We currently have 3 coaches on staff that have done this course. Bramley, Winskill, and Dawson. Dawson returned to the club last summer after spending time with the FA as a coach educator. He is said to be with the Under 21’s, but answers to Beardsley.

    Bramley has moved up the ladder in recent weeks as Dave Watson has moved from Under 18’s to first team. Great to see Bramley progressing, but how much input he has is questionable.

    Winskill was working with the Under 14’s and 15’s last I checked, but may have also moved up the ladder when Bramley was promoted.

  • hibbit

    Mar 11, 2015 at 8:41 AM

    Comment #3

    who expects us to spend big ……….not a hope

  • Jeff from Benwell

    Mar 11, 2015 at 8:44 AM

    Comment #4

    If you look at business done in the Prem this winter . NUFC are not a stand out

    Guess which is the 1st pop up advert on the above site
    Yup SD !!!

  • Sliema

    Mar 11, 2015 at 8:48 AM

    Comment #5

    Ed, you keep saying the club will have to explain themselves over the profit we are making. Why do you keep saying that? They clearly do not have to explain that to anyone. You’re nuts!

  • Ian Toon

    Mar 11, 2015 at 8:50 AM

    Comment #6

    4Ian Toon // Mar 11, 2015 at 8:39 AM

    Lilongwe earlier- In no small measure the fall off is down to the current standing of NUFC and disaffected fans. The negative consequences of which have turned many of us to reading Ed’s contribution and distancing ourselves from those that are incapable of comments; without resorting to insults which immediately weaken their simplistic arguments.

    Why would anyone offer a rational response to deranged and often childishly selective rants?

    Like you my abiding view is that I am a Toon fan. First and foremost.

  • firebug666

    Mar 11, 2015 at 8:50 AM

    Comment #7

    From Previous


    Lucky indeed mate, he’s not the only one either. Aarons and Sammy Ameobi may be gone this summer.

    As usual with our club profit comes before success, and although Aarons and Ameobi will be out of contract so we will get nothing for them, they will be off the wage bill. I would love them to offer Aarons a new deal that would keep him here like.

    Lilongwe Geordie

    I agree their choice of head coach will be whoever suites them rather than the fans, that’s my point.

    I would like someone like Garde to come in with a decent backroom staff appointed. In truth I don’t see it happening.

    The club on the other hand think Carver is doing a great job for them, (two wins out of ten games). So if they do replace him it will be most likely with someone of the same ilk, a Pardew type.

    With ten more games to go, if Carver’s win ratio stays the same (2) and he gets a couple of draws we may manage 14th maybe a bit higher, but surly that would be the end of him?

  • Zero

    Mar 11, 2015 at 8:52 AM

    Comment #8

    Newcastle to spend big as greggs opens near stadium…. Mike Ashley admits that new local recruits gobbled up by the club… steak bake, sausage roll and the tasty little French number… Éclair.

  • Lilongwe Geordie

    Mar 11, 2015 at 8:55 AM

    Comment #9

    Ourselves and Liverpool were the only 2 not to add to the squad. To me that stands out. However, it really isn’t relevant to compare our business to any other club. How good the transfer window is relies far more on the strength of your squad.

    Looking at ours, we all knew a centre forward and at least one defender were a necessary signing. Our injuries to players – Taylor in particular – should have meant a signing at the back, even if it was short term cover. As for upfront, I do appreciate 2 centre forwards arrived in the summer, and both have flopped, but that shouldn’t halt all progress on bringing in another. Chucky should have been sent back to Donetsk and someone else brought in.

    Our squad, thanks to injuries and player departures, was weaker after the Jan transfer window then it was after the summer transfer window.

  • firebug666

    Mar 11, 2015 at 8:58 AM

    Comment #10

    Lilongwe Geordie

    Thank you for the information on the youth coaches, it is very informative.

    I hope that in the future they may get more input into the team.

    I know from experience of my working days, that learning a new way of doing things is one thing, getting those above you to see the benefits of change is another,

    Some people just get set in their ways, and a nothing will shift them.

  • Jeff from Benwell

    Mar 11, 2015 at 8:59 AM

    Comment #11

    I fear the arguments for retaining Carver may have already been thought out.
    He had a punishing injury list
    He inherited another guys team
    He deserves at least a pre-season and at least one campaign before we can say he has a had a fair crack of the whip.
    Lets at least see how he does with some freesh blood in the summer etc. etc.

  • Average_Contents

    Mar 11, 2015 at 9:00 AM

    Comment #12

    Jam tomorrow. Hurrah.

  • sparky55

    Mar 11, 2015 at 9:00 AM

    Comment #13

    ED…That’s an absolute load of rubbish statement. Why on earth will he change the habit of a lifetime. He has already categorically proven he will only spend if we are in danger of going down…so what’s going to change his operating mantra in the next three months?

    We will be lucky to keep Perez another year

    In the fans forum meeting they stated they don’t want to do any more business in the Jan transfer window in the future…but that will always be determined by our league position at that time and whether or not an offer has been lodged that slightly widens his eyes and the Kerching Kerching noise goes off in his eyes and ears.

    Ed…we all appreciate why you do what you do but that headline is proper tosh.

  • Lilongwe Geordie

    Mar 11, 2015 at 9:02 AM

    Comment #14

    I agree, there is too much bickering and too many insults thrown around often here. I don’t mind someone taking a totally different standpoint to me, and arguing there case. In fact, that is something I very much enjoy, as long as they have their reasoning and I have mine. It is always good to be challenged, and my views change n occasion when presented with others opinions and reasoning. I think we are all toon fans first and foremost, you would have to be pretty lonely to dedicate so much time to a NUFC blog without having the club at heart.

    That is what I am saying. If the evidence is there to suggest Carver can keep us up next year, they will appoint him. If not then it will be another who can keep us up. It is never a guarantee in football, but they will use whatever analytical tools available to them to determine who gives them the optimum chance of matching their requirements.

    I think they want to appoint Carver, but need to attain more evidence to support their case hence this interim role.

    As for wanting Garde, I think he is a decent option. I’d prefer Tuchel or Clement personally, but all three are an upgrade on what we have.

  • frankie

    Mar 11, 2015 at 9:06 AM

    Comment #15

    “what’s the point of making 50m profit and still being 10th?” , that is exactly the point. Who writes this nonsense.

  • Lilongwe Geordie

    Mar 11, 2015 at 9:07 AM

    Comment #16

    F@£k me, just read back my post and this

    “analytical tools available to them to determine who gives them the optimum chance of matching their requirements”

    is one of the ore depressing things I have typed while talking about a sport which should be more emotion than quantative analysis. I feel like I should be wearing some sort of lab coat and pushing my glasses back up my nose as I speak.

  • ilovetoon8788

    Mar 11, 2015 at 9:10 AM

    Comment #17

    I laughed at eds title for this post. ‘spend big’ haha. We’ll probably spend big on sandwiches and cheese.

  • Average_Contents

    Mar 11, 2015 at 9:11 AM

    Comment #18


    Whilst you ponder spreadsheets lol.

  • Ron Knee

    Mar 11, 2015 at 9:13 AM

    Comment #19

    If Charnley ever needs a replacement you’ll be a shoe-in!

  • Lilongwe Geordie

    Mar 11, 2015 at 9:14 AM

    Comment #20

    There are so many tools, apps, and coaching groups/sites available now to an aspiring coach that developing your methods and learning is far easier now. You do have to wonder whether people like Dave Watson, Joe Joyce, Carver, Stone and Beardsley use these useful tools.

    Not just that, but with social media access to talented coaches is readily available. I have 5 or 6 UEFA A license and higher coaches that are happy to engage with me on a regular basis as I develop a core coaching philosophy and development manual for my new academy. I’ve never met any in person, but have spoken with them to get advice.

  • Lilongwe Geordie

    Mar 11, 2015 at 9:16 AM

    Comment #21

    Ron Knee,
    Who knows!! I’ve just started the laborious task of gaining a Masters in Sports Business Management, Marketing and Sponsorship so maybe I will throw my hat in the ring when the time comes!

  • bro56

    Mar 11, 2015 at 9:17 AM

    Comment #22

    deluded / too hopeful as ever!!

    why would we, all of a sudden start spending big? we’ve maintained ‘consistently shit’ for 7 seasons bar 1. why would mike change this?

    Youve already lined us up with 8 players for the summer….

  • Average_Contents

    Mar 11, 2015 at 9:19 AM

    Comment #23

    Where does this notion come from that johnny boy deserves a fair crack? Why does he? Because he’s a geordie and loves the club? That can’t be it surely.

    Because the regime appointed him and they do what’s in the clubs best interests all the time. Can’t be that either.

    He definitely does not possess the required skill set to carry the club forward as testified by results since “parking in the head coaches spot”

    Cheapest, easiest and most compliant option? Without a shadow of a doubt.

  • ToonMatt

    Mar 11, 2015 at 9:45 AM

    Comment #24

    I don’t think we will sign any players in summer? Carver (Our new manager) will tell the press that the two Forest players are like new signings and he’ll continue to lick the slugs bum by praisng him and I hate it when it says the club will make £40m profit as we all know the club does not see a penny of it, It goes straight in to that parasites back pocket!! Ashley out!!

  • sickandtired

    Mar 11, 2015 at 10:39 AM

    Comment #25

    “What’s the point of making £50M profits a year and still being 10th in the Premier League?”

    That’s the point!!!

  • Sav

    Mar 11, 2015 at 12:01 PM

    Comment #26

    Trouble is, like Pardew, you knock Carver’s block off and another appears in its place, just as eager for a job, just as accepting of the realities of the current business model, no more burning determination to be an outright winner but just as aware of what our ‘rightful place’ is. Alex Ferguson’s withering description of us is coming to pass.
    Pity it is that Mashley completely doesn’t get the fan bug. People say he runs us like he runs SD. If he ran NUFC like he runs his businesses, he’d be ruthlessly determined to be a winner, park his tanks on Old Trafford and Stamford Bridge lawns. He has the nous and the finances. Unfortunately, we are treated more like one of the tired-out brands he snaps up, strips down and squeezes last from.

  • Sav

    Mar 11, 2015 at 12:05 PM

    Comment #27

    ‘That’ll be the day’ as The Duke (and Buddy Holly) used to say.

  • Geordie-Jedi

    Mar 11, 2015 at 1:46 PM

    Comment #28

    The club have said they willbuy players in this window. I genuinly do not think they would commit that notion to words if they weren’t going to bring players in. They get enough stick as it is without making liars of themselves. Don’t get me wrong i don’t like the way this club is run but some of you have it all wrong like. You make it out like we’ve never bought a player!!

  • Ericles

    Mar 11, 2015 at 1:49 PM

    Comment #29

    Anybody who believes the club will spend big in the summer is living in cloud cuckoo land. Sell big more like. The owning and ruling clique at our club have no intention other than treating our players and potential players as a cattle market.

  • toonluvva

    Mar 11, 2015 at 2:10 PM

    Comment #30

    We might be expected to “spend big” in the summer.

    But we won’t.

  • sirjasontoon

    Mar 11, 2015 at 8:40 PM

    Comment #31

    I think there will be massive spending at the end of the season,not on NUFC though.

  • gggrrrr

    Mar 12, 2015 at 12:03 AM

    Comment #32

    Articles like this boil my piss. No intentions of spending big. They have a blueprint and will not change. Why would they spend when 52,000 fans turn up week in week out irrespective. having a f!!!ing laugh they are.

  • gggrrrr

    Mar 12, 2015 at 12:11 AM

    Comment #33

    Ha ha ha not a chance! Why would they spend when fans turn u anyway. Wasted article.


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