The Guardian is reporting that Crystal Palace want their money back on Andros Townsend this month, but that Newcastle are now unwilling to spend big money this month while they are still in the Championship.
That seems to be change in direction coming from owner Mike Ashley, so Rafa Benitez is trying to do loan deals but it’s stopping the deal for Andros Townsend being completed and the winger could certainly help us get promoted.
Palace would like the money up front so manager Sam Allardyce can bring in new players but Palace – like most Premier League clubs – are paying for Townsend through installment payments with the Guardian reporting the next installment is due to Newcastle for £3M this month.
Andros Townsend and Rafa Benitez
Depending on how much Palace still owe Newcastle of the £13M fee Newcastle could offer some financial incentives to Palace.
Such as not to require any more installments until the summer and then Newcastle could pay back to Palace £13M (if that’s the fee agreed) minus however much Palace have not paid of the £13M they agreed to pay Newcastle for Andros last summer.
That would help Crystal Palace keep some money they would have normally had to lose this month and that could therefore help them bring in some players in January, although they wouldn’t get as much as if they sold Townsend for cash up front this month.
One key in the negotiations is that Andros is now said to be very keen to rejoin Rafa Benitez at Newcastle and that will only help us do a deal with Crystal Palace for the 25 year-old winger.
Those are some of the financials Newcastle could negotiate this month to get Andros on loan for the rest of the season, with the option or even obligation to buy him in the summer.
Newcastle would also have to pay a loan fee to Crystal Palace for the half season or so that Townsend would be at Newcastle this season.
Newcastle pay for their deals up front in cool cash so they usually can get a better deal because they do that.
Other clubs still buy players via installment payments, which is something Newcastle used to do a lot of under former Chairman Freddie Shepherd.
It would be great if we can get Andros to Newcastle – soon.