This Draconian Policy Could Impact Newcastle’s Transfer Business

One of the reasons Newcastle have had so few successful transfer windows under Mike Ashley is the stubbornness and frugality of the club not bidding more than they think any player is worth, and that has cost us a number of our targets.

One good example is Wilfried Bony who joined Swansea two years ago, after Newcastle though £12M was far too high a price to pay for him, but Bony was a huge success and 18 months later he joined Manchester City for £28M.

Wilfried Bony Ivory Coast cropped

Wilfried Bony in Ivory Coast colors
We wouldn’t go above our valuation of this player

And three years ago, after we had finished in 5th place we haggled with Lille over a paltry £1.5M and failed to bring in Mathew Debuchy that summer.

In fact Newcastle brought in only Vurnon Anita when we should have been strengthening the squad in quality and numbers for the Europa League.

And in the following January when we did eventually buy Debuchy, we were already in relegation trouble and we have to believe Newcastle gave Lille what they had been asking for Debuchy the previous summer.

With Mike Ashley having a huge scare over the last 11 games of last season, when we somehow managed to lose 9 of them and 8 in a row, he now seems willing to pay out big money in this summer’s transfer market.

Mike also made the statement that he wants Newcastle to win something.

We have had no success in the transfer market so far,  and we’ve said a few times that Newcastle have to drop their thrifty ways if we are to get some good players into the club this summer.

Newcastle may have to pay the full £15M asking price for two of our striker targets – QPR’s Charlie Austin and Anderlecht striker Aleksandar Mitrovic.

But there is a worrying statement in the Chronicle today that Newcastle will stick to their budget this summer, and not get dragged into a bidding war.

That’s one of the main reasons Newcastle fail in the transfer market, and it will be the same again this summer, unless we are willing to pay out some good money for some good players.

Once reason we were almost relegated last season is that the powers that be decided to keep the money in the bank in January and we spent not a single penny, but still brought in about £10M to the coffers.

That’s even though we knew the squad was severely weakened and that almost cost us about £80M a year from the Premier League, when we were almost relegated.

That small club thinking has to go at Newcastle if we are to build a top side again, and it has to start with Newcastle being able to spend some of their big money in the transfer market.

We have allowed smaller clubs like Swansea, Southampton and West Ham become more ambitious than Newcastle over the last few years.

If we keep to our old ways, we will get the same old results – which are not good enough for Newcastle.

Comments welcome.