Newcastle have spent a massive £82M on transfers this season – the most ever – and yet it looks like we will be relegated.
Newcastle still a chance – a small chance – that we could still survive – but only if Sunderland crater in their last two games and get only one point – and we beat Spurs on Sunday in the final game.
One advantage we have in recuperating some money this summer is that some of the players signed this season are clearly not good enough and hopefully can be sold this summer without too much loss on their transfer fees.
Florian Thauvin £13M was overpaying for this player
He lasted 6 months
Two of the signings in January, loan signing Seydou Doumbia and former Montpellier central midfielder Henri Saivet – haven’t had a look-in under Rafa Benitez and neither even made the plane for the game at Villa Park on Saturday.
Saivet cost £5M and is on a 5 year deal at the club.
Andros Townsend has been a great success for us, but Jonjo Shelvey has failed to be a starter under Rafa Benitez – so certainly it seems that Rafa has been unimpressed with Newcastle’s January signings.
Only Townsend has been a regular starter for the former Liverpool manager.
As far as last summer’s signings go, Florian Thauvin lasted just six months before he had had enough of English football and is on loan at Marseille.
The young Frenchman has said he is not interested in returning to Newcastle if we are in the second division next season.
The 23 year-old Frenchman will not be missed and maybe we can recuperate a large portion of the ridiculously high £13M we paid to Marseilles for him last August.
Gini Wijnaldum was very good in the first half of the season, but has been too much of the Invisible Man in the second half and will be sold in the summer.
Gini doesn’t seem to have the bottle in important games and seemed even put out that he was expected to fight in a relegation battle.
But we could even make a profit on the £14.5M we paid to PSV for him last summer with some big clubs interested in the player.
Aleksandar Mitrovic and Chancel Mbemba are two young players for the future and there is plenty of time for both of them to become top players at Newcastle.
So there’s the eight senior players we forked out £82M for – Saivet, Doumbia, Shelvey, Townsend, Thauvin, Wijnaldum, Mbemba and Mitrovic.
And if we are relegated it could be that that we retain only Mitrovic, Mbemba and Shelvey – although Jonjo’s wages of £80K/week are massive.
Of the eight players it may be that Townsend is the best of the lot at £12M, but he has a release clause of £8M in his contract – in case we are relegated – so he will leave.
Of course one of the big problems Newcastle now have in trying to sell some of the players signed this season is they are now on very high wages and long contracts at Newcastle.
They may want to stay put as did both Gabby Obertan and Sylvain Marveaux – and they managed to stay for the full five years of their Newcastle contracts although they only played rarely for the club.
We really have to stop making these terrible buys in the transfer windows and giving these untested players long contracts on big wages.
It’s another way money has been wasted at the club and yet another area of the club that is very poorly run.
Newcastle have certainly wasted an awful lot of money this season and we will now very likely miss out on the bumper payment to be made next May to Premier League clubs of anywhere between £100M and £180M.
What a disaster that will be for Newcastle.