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News and Commentary On Newcastle United By Ed Harrison, A Proud Exiled Geordie And Lifelong Fan

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Lack Of Ambition, Financial Thrift Now Costing Newcastle

7:43 am, Monday, January 25th, 2016 by Dr. Ed Harrison · 16 Comments

Last summer Charlie Austin was available for £15M and yes that was a lot of money for somebody who would be available as a free agent this summer, but Newcastle were hot favorites to sign him and at one point last summer, betting was halted because it looked like Newcastle were close to signing him.

But we didn´t sign him because paying out £15M was too much and then in January when he was available for a low £4M we didn´t sign him either – and don´t believe the rumors he wanted to stay in the south – that´s too convenient an excuse for Newcastle.

worried looking mike ashley yesterday

A worried looking Mike Ashley

He would have loved to become the new number 9 at Newcastle but where were Newcastle when it mattered?


Now we are bickering with both Tottenham and West Brom about the fees wanted for both Andros Townsend and Saido Berahino and they´re too much – and the likelihood is we will not get them though the door.

That´s great financial management by Newcastle but if Austin was brought in last summer few fans would think we would be in 3rd bottom place in the league right now.

And if we could bring in Saido and Andros in the next 7 days they could help us big time, but we will probably fail and maybe bring in cheaper alternatives – who will not be as good – but will be much better financial options.

That´s the way Newcastle have been run as a football club that makes us have some of the best financial records in football – almost the polar opposite of the way Freddie Shepherd ran the club for ten years from 1997.

But when you look at the big picture and the £135M we will lose every year by becoming a Championship club,  it´s small potatoes.

But that´s the way the powers that be run this club.

The one big problem is that on the field we are hopeless.

And even Deloitte mentioned that in their 2016 Money League that saw Newcastle the 17th richest club in world football say that the team must be improved:

The new Premier League broadcast deal effective from 2016/17 should ensure Newcastle’s presence in the Money League in the medium term, but the club will need to significantly improve its on-pitch performance if they are to ever hope to rise to previous heights of a top ten placing.

In a nutshell, prioritizing  the financial records over the size and ability of the squad has cost Newcastle a lot since Mike Ashley bought the club nine years ago.

We are now in a position where we could be relegated for the second time in seven years and have only been in the top 10 twice during his tenure as the owner.

Comments welcome.

Tags: Financial Fair Play · Financials · Newcastle News · Recruitment · Scouting Network · Transfer News and Rumours

16 responses so far ↓

  • 1 hibbitt // Jan 25, 2016 at 7:45 AM

    the clock is ticking
    this could well be the the most important 7 days in the history of the the club
    over to you mr charnley

  • 2 carl // Jan 25, 2016 at 7:47 AM

    Dead right for whom the bell tolls. Charnley working round the clock. Yer right.

  • 3 stan anderson // Jan 25, 2016 at 7:51 AM

    We are relying on a glorified office boy to save us then.
    Give me strength,
    We deserve to be down because of this reason.
    The fat slug put these nobs in charge of running a Premier League football club.
    What can you say man.

    Ashley OOT

  • 4 Rotonda heights // Jan 25, 2016 at 7:56 AM

    News alert to Ed

    Charlie Austin has gone
    AP has gone

    In short Austin wanted to stay South and AP is on yet another of his famous losing streaks. Move on fellow and stop devoting so much time to both of them.

    Yes we desperately need a quick goal scorer, top CB and LB, but I can not believe how many poor or perma crock players we are currently providing a home for.

    Obertan, Gouffran, Haidara, De Jong, saylor, Willo, Riviere, Thauvin, Marveaux to name a few.

    How Carr isn’t under serious investigation I don’t know. If we come 17th does SM keep his job? Expectations from the boys club of mssrs Charnley, Carr and SM are so low right now.

  • 5 spitfire_ // Jan 25, 2016 at 7:59 AM

    You give a lot of money to the moron, and then just watch him and laugh.

    It isn’t important just to spend the money. It’s important when you spend the money, to spend them wisely.

    25 million throwing a waste for Thauvin and Cabella… 38 million if you count Mitrovic, because by the date, he’s failure. And this is just the sum of the transfers, without the other fees…

    We’re there where we deserve to be. Nice guys finish last… also and the morons. We are from the second.

  • 6 jesperfuglsang - capt'n awesome of the lemon crew // Jan 25, 2016 at 8:01 AM

    Morning Ron…they’ll come out in numbers later no doubt!

    I remember last window the headline was the same. We needed two signings (the same as now funny enough) and they never came. Feel history is about to repeat itself!

    lesh…I did read your comment you left for me last night, but I think Jail covered the basics of that one!

  • 7 archaeomag // Jan 25, 2016 at 8:02 AM

    ED don’t despair
    – there is a Charlie out there
    but where?

  • 8 ilovetoon8788 // Jan 25, 2016 at 8:03 AM

    i don’t think Thauvin was ever ”scouted” by Carr. Or he would have seen Payet. Thauvin was one of the worst players in france last season. This Mondial deals must be investigated and it sure stinks. Carr must take all the responsibility for multiple failed signings from players representing Modial.

  • 9 jesperfuglsang - capt'n awesome of the lemon crew // Jan 25, 2016 at 8:04 AM

    Ed…I miss the days where you actually contributed to the daily discussions.

    You have these irritating remarks in your threads these days…annoying really. Especially about £100k Austin who has horses down south and a wife who doesn’t want to leave London to come to the might Newcastle so get hubby can wear our #9!

  • 10 stan anderson // Jan 25, 2016 at 8:05 AM

    Think we could also use a Goalie in case Elliott gets hurt.
    Defense is 1st priority and learn how to keep clean sheets.
    That way you have a point in the bag,so if by some chance we get a goal that gives us 3 points.
    It,s not rocket science is it,or maybe it is to the BOARD.

    Ashley and Board OOT.

  • 11 spitfire_ // Jan 25, 2016 at 8:09 AM

    ilovetoon8788 // Jan 25, 2016 at 8:03 AM

    I agree about The Mondial Sport. Carr must took money from them, for every single transfer. Payet is 28 yo, probably that was the biggest problem for them. Which point the total failure of our transfer model.

  • 12 RUNAWAY777 // Jan 25, 2016 at 8:09 AM

    Did SM get the message when alarm bells went off in his interview after the match,

  • 13 Rotonda heights // Jan 25, 2016 at 8:09 AM


    I’m sorry but I think you’re bordering on the delusional a bit here. We have spent fortunes but have signed some dodgy players and appointed an even more dodgy coach.

    This is one time we can’t claim money hasn’t been spent but it’s been put in the hands of the wrong people.

    Yes maybe in the case of Austin it would have been better paying him the 100k a week instead of splashing 14M on Thauvin.

    However, how can you trash the reason he wanted to stay South for family reasons. You don’t know the guy personally. Who would you want to play for, Koeman or SM, a progressive club or us. The list goes on.

    Signing Townsend is just throwing good money after bad, just ask Spurs fans. Is Berahino the prolific goalscorer we need. Maybe, but anything North of 15M is a masssive gamble on a guy with an attitude who doesn’t want to come here.

    Not saying we should cut these clowns any slack at all, but don’t think another 40M on Townsend and Berahino is necessarily the answer and may be in this case walking away is the right thing.

  • 14 jesperfuglsang - capt'n awesome of the lemon crew // Jan 25, 2016 at 8:12 AM

    The money spend on Cabella was only wasted because of management here. His stats was off the roof. Really great season in France and contributed to alot of goals.

    Look at the failings here and you’ll see a pattern. This club needs to figure a few things out.

    A) Are we being run like Swansea or like Arsenal

    B) When scouting players from different systems and styles don’t be surprised if they are not replicating their form if you are basically demanding something entirely different from them

    C) And finally, the club gets back from the players what they put into it (ambition so to speak)

  • 15 davetoon // Jan 25, 2016 at 8:16 AM

    Truth is that unless we can score 3 goals a game we will never win as our defence leaks goals for fun.

  • 16 EllaGuru // Jan 25, 2016 at 11:17 AM

    Well said @15 davetoon.

    I personally feel that we must prioritize the defence in this window. It is a sad indictment on our resources when the whole shape of the team must be restructured due to an injury to Dummett.
    We are scoring goals at the moment, albeit not enough. What worries me is how porous we are in defence.

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