The reporting in the local press has been that Rafa Benitez will have some significant money to spend in the January transfer window and he can spend it as long as good players are available to bring into the squad.
They will be players who can both help us gain promotion this season, which still has to be the overwhelming target for Newcastle.
The players will also need to be good enough to be able to perform in the Premier League.
It could also be that as part of his negotiations in May to stay on at Newcastle, specific transfer amounts – probably minimums – were written into his contract for maybe the first three transfer windows.
Rafa Benitez – Newcastle manager
And with Rafa basically making a net profit of £30M in the summer, with the excellent assistance of Managing Director Lee Charnley, there should therefore be significant money to spend next month.
All that has been backed up today by former striker Mick Quinn speaking on talkSPORT, who has said he thinks Rafa has “a few quid to spend” on players in January.
This is what Mick Quinn told talkSPORT:
“I’ve heard he Benitez has a few quid to spend in January,” “I’ve seen enough Championship teams now to think that it is a moderate division.”
“I really do.” “Even when Newcastle went down to nine men, they still had 58% of the possession.”
It’s interesting because we have plenty of money right now – and our day-to-day running costs should not be a problem, unlike the last time we were in the Championship when Mike Ashley loaned the club close to £30M.
We are helped by the huge crowds at St. James’ Park and the wages of the squad were also dramatically cut in the summer.
Highly paid players were either sent out on loan (Tim Krul, Siem de Jong, Henri Saivet, Emmanuel Riviere) or moved out of the club either via transfer (Moussa Sissoko, Gini Wijnaldum, Daryl Janmaat, Andros Townsend, Papiss Cisse) or their contracts were not renewed (Fabricio Coloccini, Gabby Obertan, Sylvain Marveaux, Steven Taylor).
The summer transfer window for Newcastle was one of the best in many years and it was the first one for Rafa at the club.
There maybe a connection there.