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

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Howay The Lads!!

Newcastle On Way To Recouping £80M Spent Last Season

12:55 pm, Friday, July 22nd, 2016 by Dr. Ed Harrison · 66 Comments

Given the deal with Liverpool for Gini Wijnaldum goes though today as planned, Newcastle will have recouped an amazing £48M in the transfer market so far, with the transfers of four players –  Remy Cabella (£7.5M), Andros Townsend (£13M), Papiss Cisse (£2.5M) and Gini (£25M).

Newcastle spent £80M in the transfer market last season, but a lot of that money was wasted, but now we are getting some money back into the coffers and  it looks like Rafa is spending the money wisely and getting in some good players for next season.


Rafa Benitez at Newcastle

Rafa has so far spent £34M gross in bringing in Matz Sels, Dwight Gayle, Matt Ritchie, Jesus Gamez, Isaac Hayden and Grant Hanley, who joined us yesterday from Blackburn Rovers.

Matz Sels£4.5MKAA Gent
Dwight Gayle£10MCrystal Palace
Matt Ritchie £10MBournemouth
Jesus Gamez£1.5MAtletico Madrid
Isaac Hayden£2.5MArsenal
Grant Hanley£5.5MBlackburn
Ciaran Clark£5MAston Villa
Mohamed Diame£4.5MHull City
DeAndre Yedlin£5MTottenham
Daryl Murphy£3MIpswich Town
Achraf Lazaar £3MPalermo
Christian AtsuLoan - seasonChelsea
Transfer Fees In£54.5M
Gabby ObertanReleasedAnzhi Makhachkala
Sylvain MarveauxReleasedLorient
Steven TaylorReleasedPortland Timbers
Fabricio ColocciniReleasedSan Lorenzo
Andros Townsend£13MCrystal Palace
Remy Cabella£7.5MMarseille
Papiss Cisse£2.5MShandong Luneng
Gini Wijnaldum£25MLiverpool
Florian ThauvinLoan - seasonMarseille
Siem de JongLoan - seasonPSV
Kevin MbabuLoan - seasonBSC Young Boys
Henri SaivetLoan - seasonSt. Etienne
Daryl Janmaat£7.5MWatford
Tim KrulLoan - seasonAjax
Gael BigirimanaFreeCoventry City
Adam ArmstrongLoan - JanuaryBarnsley
Emmanuel RiviereLoan - seasonCA Osasuna
Jamie SterryLoan - JanuaryCoventry City
Haris VuckicLoan - JanuaryBradford City
Sammy AmeobiLoan - JanuaryBolton Wanderers
Moussa Sissoko£30MTottenham Hotspur
Transfer Fees Out£85.5M
Net Spend-£31M

Newcastle look to be in a good financial position at the moment, even though we have just been relegated – and if we get £35M for Moussa Sissoko, which is likely – Newcastle will have brought in £83M gross from the sale of just five players.

The big difference now from previous years, is that Rafa isn’t too interested in having loads of money in the bank.

But rather he will use the money to further bolster the squad and he has already pledged to replace both Gini Wijnaldum and Moussa Sissoko, if they both leave.

We should have money left over this summer and that means we can bring some players in during the January transfer window if Rafa needs to or wants to.

Hopefully it will be just one season down below and Rafa can further build the squad up next summer, when a lot of players will be only too willing to join the Rafa Benitez Project at Newcastle United.

Howay the Lads!!

Comments welcome.

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

66 responses so far ↓

  • 1 Tsunki // Jul 22, 2016 at 1:00 PM

    In Carr we Trust! 🙂

    Good business by the ancient toothless dodderer, eh? Ha ha ha

  • 2 WWSBRD // Jul 22, 2016 at 1:04 PM

    Do we consider him good again now? Its hard to keep up isnt it?

    Sissoko to Madrid though with a player coming the other way…Jese, Asensio, Odengaard or even a mad attempt at Kovacic?

  • 3 Tsunki // Jul 22, 2016 at 1:05 PM

    1989 (M) Sissoko. Just Tested, Not Taxed. Several careful owners, FSH. Excellent condition, Good runner very fast but sometimes tricky to start without booster or good leads. Barely idled all year but has been run in competition lately. No time wasters £35m ovno. Contact Mike or Lee on…..

  • 4 gorgonzola ( former Pecorino former to gorgonzola) // Jul 22, 2016 at 1:12 PM

    Next signing please…

    LB, CAM/LM, as replacements for WINI and SISSOKO….must have replacement…

  • 5 LGFUAD21 // Jul 22, 2016 at 1:12 PM

    Why does everyone keep talking about pace (and Hanley’s apparent lack of it) as a be all end all. It’s nonsense.

    CBs dont always need pace. We have Mbemba who has plenty and Lacselles who has just enough. So long as there is someone who can cover for a pace cover a paceless CB.

    Mertesacker has zero pace
    John Terry had zero
    Cahill has zero
    Fonte has zero
    Sahko has zero
    Dann has zero
    huth has zero

    These were all solid defenders last season without pace.

    Pacey defenders tend to lack power and we’ve seen the result of that plenty over the past few seasons.

  • 6 Toon-Prodigy // Jul 22, 2016 at 1:13 PM

    Dreaming, but what a signing Lallana would be for us!

    There is talk with Gini signing it could signal the end of his Liverpool career now. I very much doubt he would drop down a league though even if it were for 1 season.

  • 7 YoungMagpieFromBurnley // Jul 22, 2016 at 1:13 PM

    Really feel like we should sign onomah on loan from spurs. Looks creative and he could do with a loan spell in the championship.

  • 8 WWSBRD // Jul 22, 2016 at 1:15 PM

    Pace is great for a CB but positional intelligence and reading of the game is far better (its why Colo was one of the best we’ve ever had for a time)

    Does Hanley possess those attributes?

  • 9 Kabul Fish // Jul 22, 2016 at 1:23 PM

    Gini & Sissoko were never gonna stay to battle it out in a lower league! Quality players that didn’t work out or possibly work enough last season.
    They do not want to be here so getting top dollar for them is essential….I just hope we can replace them with players that can cut it in the Prem too.

  • 10 lochinvar // Jul 22, 2016 at 1:26 PM

    ” Ulloa Ulloa. what do we have here then ?
    Move along please…”

    nufc786 // Jul 22, 2016 at 12:46 PM

    BREAKING NEWS: Sky sources: Leicester striker Leonardo Ulloa wants to leave the club.

    Ulloa anyone? Proven in the Championship

  • 11 Rotonda heights // Jul 22, 2016 at 1:35 PM

    i guess for every sissoko there’s been a cabella, thauvin, riviere, gouffran, haidara, marveaux!

  • 12 Tsunki // Jul 22, 2016 at 1:37 PM

    “We can offer you Leonardo for only £10m”
    “Alright £8m then but that’s my last offer”

  • 13 NUFCPaul // Jul 22, 2016 at 1:48 PM

    Don’t mean to piss on the Ulloa joke party but I’m assuming the people making these ‘jokes’ have no idea how to pronounce his name, right? And if you DO know how to pronounce his name correctly then they don’t make any sense at all, do they?

  • 14 Jib // Jul 22, 2016 at 2:05 PM

    A quick spanish lesson
    All over the hispanic world they pronounce LL as LY as in Mallorca = Mal yorka or Calle = Kal yea
    However in Columbia for reasons probably to do with native indian influence Calle = Ka sjhay (a very soft sibilant “j”)
    For some reason UK sports commentators have picked up on the Colombian pronounciation and apply it (incorrecty) to every South American sportsman with a double “l” in their name.

  • 15 WWSBRD // Jul 22, 2016 at 2:06 PM

    Glad am learning so much about how to say Ulloa’s name all so I can confidently say his name correctly when stating…Nope dont want him

  • 16 bettyswallocks // Jul 22, 2016 at 2:15 PM

    Jib…… I agree they’re talking bolyocks.

  • 17 Jib // Jul 22, 2016 at 2:19 PM

    That’s Bosjhocks in Colombia

  • 18 Jib // Jul 22, 2016 at 2:20 PM

    Waiting for a cojones joke

  • 19 Hail Wor Ashley // Jul 22, 2016 at 2:27 PM

    Rather give Kuqi or Sibierski a call, see what they’re up to.

  • 20 bettyswallocks // Jul 22, 2016 at 2:29 PM

    How’s that Jib for cojones?

  • 21 Rotonda heights // Jul 22, 2016 at 2:36 PM


    pace is absolutely king these days. You get killed without it as we witnessed many times with taylor, willo and colo.

  • 22 Vask // Jul 22, 2016 at 2:39 PM

    Anyone know what mike Ashley helicopter looks like? Just saw one flying north towards Newcastle airport. Maybe to pick gini up?
    What do youse reckon? Could be someone else’s helicopter I suppose.

  • 23 Jib // Jul 22, 2016 at 2:39 PM

    Support for Rafa and perhaps a clue to who may be part of a player exchange for Sissoko.
    Keylor Navas, Pepe, Lucas Vázquez, Gareth Bale and Luka Modric all said publicly last sason that they were sad to see the Spanish coach depart Real Madrid.
    Can you imagine Welshie if we got big Gareth for £30 million plus Sissoko.

  • 24 jimmysmith // Jul 22, 2016 at 2:45 PM

    If we do sell to Real Madrid, surely we can also get a one or two good young fringe first team players out of them in on loan too.

    A Championship season at Newcastle under Rafa Benitez is surely better than a season in their reserves with the occasional first team outing and also appealing to them. Real Madrid throw money around just to keep up appearances. I’m sure they have a plethora of wonderful young players who’d burn up the Championship. Likewise Liverpool, who have 4 or 5 surplus we might get for a year as part of the Wijnaldum deal.

    I understand we are likely to lose our very best, but surely we can do better than just good hybrid EPL/Championship players on 4 and 5 year contracts to replace them, if we really have exhausted every avenue to convince them to stay.

  • 25 Hail Wor Ashley // Jul 22, 2016 at 2:53 PM

    Hull City imploding as a football club. A greater circus than we have ever been or could be.

    Owner changes name and club crest, gets told he’s not allowed, ignores fans, still uses his preferred name and club crest in all but the official obligations.

    In responses to fans singing “City ’til we die.”, he tells them “they can die as soon as they want.”.

    Protests continue.

    Get promoted despite all this.

    Out of spite owner changes season ticket policy and scraps concessions.

    Many fans vow not to return until he has gone, enough that their box office have been ringing around practically begging former season ticket holders to purchase.

    Crowds of just 15000 max expected for their home games this season.

    Owner puts club up for sale. Has an American buyer, talks break down as the owner pushes for a higher price than that he originally deemed acceptable.

    All the while their manager is openly discussing taking on the England job and is interviewed for it.

    They’ve not signed 1 player so far in pre-season.

    They have lost numerous key players to injury already:

    Dawson 3 months

    McGregor out until new year

    Alex Bruce too

    Huddlestone carrying an achilles injury, out for 2 weeks and likely will end up needing surgery.

    Livermore at least 2 weeks.

    Right back Odubajo and another CB in Maguire seeing consultants. Likely long-term.

    Now Steve Bruce has just resigned.

    Think we can just about nail them on for a relegation spot.

  • 26 funlovingexpress // Jul 22, 2016 at 2:54 PM

    Is this article written in the 1980’s?
    Was it written by a 12 year old?

    Newcastle don’t receive all of the money that was bid. Only a first schooler would think they did.

    Take the £25 million you say we get for gini. We will do well to receive £17 million.

    Agents get approximately 20% of each transfer. In our case I will be really really conservative and say 10%. that means £2.5 million. Add that to the £4.2 million that goes to his former club and that comes to nearly £7 million.

    25 – 7 = 18 million.

    Thats with a conservative 10% to agent.

    Then, as he didnt put in a transfer request he will get a huge loyalty payment too.

    Then theres legal fees, taxes etc.

    We will be lucky to make a million or too.

    All transfers are like this so it makes a whole nonsense of this childlike naive article

  • 27 WWSBRD // Jul 22, 2016 at 2:56 PM

    Certainly living up to ur name arent ya

  • 28 dazza // Jul 22, 2016 at 2:58 PM

    Now that Georginio Wijnaldum has finally gone I hope it is the last time I have to read Wini. It was never Wini. Gini as in GeorGINIo. Good luck and good bye.

  • 29 Hail Wor Ashley // Jul 22, 2016 at 2:58 PM


    Only childlike expression I see is yours. No reputable source for the sell-on clause and since when has any selling club ever paid the agent? Simply doesn’t happen, that’s the burden of the buyer negotiating the new contract.

  • 30 Wayayman // Jul 22, 2016 at 3:01 PM

    I wouldnt dismiss Ulloa’s record as anything bad to be honest. He’s hardly had a run of games for Leicester last season as he doesnt really suit their style of counter attacking play. still, he knows where the goal is and is a proper predator. I think Gayle is in the same mould though, and he’s younger, faster and already with us…

    We definitely need a creative force in MF though, as well as (everyone is saying) a starting left back. We should really try to get some experienced older heads in if we can, how bloody amazing would Arbeloa have been, if only for this season? I’m sure there are others out there who could bring experience to the left side for us, Dummett and Aarons won’t play more than half the season each given their injury record recently and Mbabu’s is even worse

  • 31 YouCouldn'tMakeItUp // Jul 22, 2016 at 3:02 PM


    I do see where you are coming from on the whole selling good players/replacing with ok players. My personal view on it is this…
    We sign the “hybrids” as you call them. Currently, despite rafas presence, i think it might be the best we can get. I think the ones we have are good enough quality, and i think they all have a good chance to step up next year. When January comes around, and we are (hopefully) top and looking nailed on for promotion, then we should be able to attract a better quality of player, and again in summer, top quality players. We can build over the next three windows and have an excellent premier team next season. We can’t realistically have that all in place in this window, imo

  • 32 Wayayman // Jul 22, 2016 at 3:03 PM

    Funloving, I thought Agents only take their fee of the buying club, not the selling? Also, PSV yesterday said they had a sell-on fee. It was reported, I remember reading it.

  • 33 Wayayman // Jul 22, 2016 at 3:08 PM

    •off the buying club, not of

  • 34 Hail Wor Ashley // Jul 22, 2016 at 3:09 PM

    A single Dutch rag claimed PSV have a sell-on clause. No source for their claim.

  • 35 Nufc-83 // Jul 22, 2016 at 3:09 PM

    Would take Ulloa in a heartbeat as he is so far more developed than Mitro its unreal. He has looked great everytime i have seen him with excellent finishing and his hold up play is on another level. When i watched leicester last year every time he came on he looked like scoring and the team seemed to improve massively. He would rip the championship apart and allow mitro some rest/development time without shouldering all of the responsibility.

  • 36 Nufc-83 // Jul 22, 2016 at 3:10 PM

    And Moussa to Real is extremely funny i am praying it happens so we can watch the fall out when they reliase what they have actually bought 🙂

  • 37 lesh // Jul 22, 2016 at 3:15 PM


    The Gruanisd (I think) had PSV’s confirmation of a sell on clause but and as you’d expect, they wouldn’t give any details.

  • 38 Tsunki // Jul 22, 2016 at 3:18 PM

    Nufc Paul No I’m sure you don’t mean to but you are 🙂

    The world plus his Spanish dog knows you don’t pronounce “LL”s that way but hey never mind let’s not smile let’s get the language thing spot on. Killjoy. Sheesh 😐 anyway what you failed to notice was in that joke it was a conversation between two pig-ignorant Cockney agents. Ok that sounded a bit agentist. Sorry.

    And Jib, your pronunciation explanation sucks hard, do you still get puzzled looks when you ask directions to your “Kal-Yea”? Maybe ’cause you left a spare “L” in there eh?

    Muh-yet. 😀

  • 39 funlovingexpress // Jul 22, 2016 at 3:19 PM

    It doesnt matter who pays the agents fees.
    If its the buying club then the article is still wrong.
    Because we will have paid a lot more than the transfer fees listed because we would have paid agents etc.

    Sky sports is reputable and they say there is a sell on clause.

  • 40 Hail Wor Ashley // Jul 22, 2016 at 3:23 PM


    You mean this ‘confirmation’?

    Forgive me for being sceptical.

  • 41 lochinvar // Jul 22, 2016 at 3:23 PM

    Well done Steve Bruce – a genuine football man , not a pampered pooch for some playboy owner.

  • 42 WWSBRD // Jul 22, 2016 at 3:24 PM

    Howay man Ed isnt the clubs accountant hes not going to know exactly what the details are he has created an article using the information that is available (which is what most of the world consider when talking about ins and outs of transfers)

  • 43 funlovingexpress // Jul 22, 2016 at 3:26 PM

    Most people believe that when a club says they bought a player for say 10 million that includes agent fees etc.

    So it would be impossible for the selling club to receive 10 million. Now wouldnt it?

    Thats what i meant.

  • 44 jimmysmith // Jul 22, 2016 at 3:28 PM

    Thauvin can potentially replace Wini reasonably in this league, if Gini would have had to play out of position on the left, but it does weaken us quite a lot to replace both. They really are very good, as was Townsend.

    We’re fortunate because we have Perez, De Jong, and possibly Shelvey to play in the hole, or Gayle, or Arma, even Gouffran and Rivierre to play off Mitro’s shoulder, so we can cope, but we won’t be as good, and that lessens the likelihood of going up, and so means we will have more reshaping to do should we go back up, and as we well know moving on players on long contracts and good money isn’t easy.

    It is better to find a way to hold on to them, this f@ck em they don’t want to be here stuff isn’t in anyone’s interest.

  • 45 Charlie in the Gallowgate // Jul 22, 2016 at 3:33 PM

    Steve Bruce has stepped down as manager of Hull City -could he be on his way back to Sunderland???!!!!

  • 46 Tsunki // Jul 22, 2016 at 3:33 PM

    How can the club “lose millions” if it’s a clause they knew about when we got him?

  • 47 funlovingexpress // Jul 22, 2016 at 3:34 PM

    Wwsbird we arent talking 20 pence here or there.

    With agent fees, loyalty bonus etc it often comes to more than a third of the transfer.

    That negates his whole argument and you dont need to be an accountant to see it.

    Hes talking about what we spent and what we recrived and wrote an article about it.

    But his figures are way way out because he hasnt taken into account the huge sums given as loyalty bonuses plus the insane amounts agents get.

    Once you take that into account it makes a nonsense of the article.

  • 48 Tsunki // Jul 22, 2016 at 3:34 PM

    Funlovingexpress – I think you missed your stop.

  • 49 Hail Wor Ashley // Jul 22, 2016 at 3:35 PM

    No, there’s no basis for you saying most people believe that agents fees are baked into the announced fee, you might. Can’t say I’ve ever heard anybody say they think that is the norm and it contradicts your very own statement a few minutes ago that we would’ve paid more than the listed fees by Ed – make your mind up Notsofunlovingexpress.

    Looking for any kind of negativity you can.

  • 50 YouCouldn'tMakeItUp // Jul 22, 2016 at 3:38 PM

    I thought we were done with the days where we had to had an “Amateur accountancy hour” ffs.

  • 51 YouCouldn'tMakeItUp // Jul 22, 2016 at 3:39 PM

    *had to have

  • 52 WWSBRD // Jul 22, 2016 at 3:39 PM

    Ur going to need to get on to a lot more than Ed about this important issue then bud because Sky sports, BBC etc they all use the same numbers

    Its pointless because no one knows agent fees etc so articles are written on the information available

    Money spent in football is a nonsense anyway

  • 53 Hail Wor Ashley // Jul 22, 2016 at 3:40 PM

    Ffs, do you think Skysports have moles in every single club or, is it more reasonable they occasionally just go with the flow?

    The flow being negative NUFC fans readily wanting to believe we got a worse deal than we initially thought because it suits their agenda and they didn’t want to see the player leave, so instead of accepting it, they will put a downer on any deal and hold onto shred of material, however flimsy, that backs that up.

    Like Remainers that want to see the country crash and burn to be proved right.

  • 54 WWSBRD // Jul 22, 2016 at 3:40 PM

    Aww but accountancy is so much fun!

  • 55 Tsunki // Jul 22, 2016 at 3:41 PM

    Well I wouldn’t get all hot under the collar about Eds “accounting” as it doesn’t matter what anyone says it’s up to the clubs own money men to decide how all the fees, wages, rights and bonuses are accounted for over the financial year. In accounting time, none of the figures will be any where close to making sense, so as long as Ed applies the same criterion to buying as well as selling, he won’t be too many millions out. For the sake of the majority in the blog they are a visibly accessible, if not fiscally accurate, representation of the comings and goings which is what we may well be interested to know. So I wouldn’t pop a vessel behind your eye, Fun. Loving.

  • 56 YouCouldn'tMakeItUp // Jul 22, 2016 at 3:42 PM

    Liverpool paid 25m for gini. Thats what they payed us. They will also have to have paid a signing fee to the player, and a percentage to the agent as usual. None of that has EVER come out of the fee paid to another club for a player. It’s NEVER worked that way. I sell on fee may or may not have been paid to PSV. Who cares? Thats common place these days.

  • 57 JamesToon // Jul 22, 2016 at 3:42 PM

    Lee Ryder saying Real Madrid DO have an interest in Sissoko LOL. Anyone know any flair type creative midfielders they have from like their youth team that we could have in a swap deal? James Rodriguez would be nice….

    But seriously i think we should try and look for something like as part of the deal for sissoko. We need a winger, attacking midfielder, a left back and possibly a striker if Rafa wants one.

  • 58 YouCouldn'tMakeItUp // Jul 22, 2016 at 3:43 PM

    A* sell on fee

  • 59 Tsunki // Jul 22, 2016 at 3:44 PM

    Mark Yay! I loved Amateur Accountancy Hour! Wasn’t it that guy who did play school who presented it? Brian whatsisname? Cant?

  • 60 YouCouldn'tMakeItUp // Jul 22, 2016 at 3:46 PM


    I was more hot under the collar about the sudden idea that we didnt make any money on Gini, even though the logic used means no club anywhere could make any profit on players.

  • 61 YouCouldn'tMakeItUp // Jul 22, 2016 at 3:47 PM


    Haha. Whoever it was clearly comes on this blog!

  • 62 Hail Wor Ashley // Jul 22, 2016 at 3:48 PM

    Take it a step further.

    £25m is nonsense. Where’s the proof? Until the accounts are out next year and some amateur accountant goes back and pours over the figures to see if they match up, we don’t know. Even then it’d be a total figure for player acquisitions and not itemised per player.

    All I care is that we got rid of a part-time, pea-hearted, powder-puff player for at least a small profit on that which we bought him.


    Blame the ironically named weirdo Funlovingexpress!

  • 63 YouCouldn'tMakeItUp // Jul 22, 2016 at 3:51 PM


    To quote Wayne from Waynes world…

    “Does this guy know how to party or what!?”

  • 64 Hail Wor Ashley // Jul 22, 2016 at 3:57 PM


    😀 Hopefully NUFC do that rare gesture and announce full details of the transfer once it’s complete, none of this undisclosed stuff, for the love of fun, please NUFC.

  • 65 Rotonda heights // Jul 22, 2016 at 4:26 PM


    wini as in short for Wijnaldum!! I don’t think anyone ever meant Wini instead of Gini

  • 66 Jib // Jul 22, 2016 at 4:36 PM


    press the speaker button on the left


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