Good News – Benitez And Ashley To Reach Compromise On Funding

There’s a report in the Telegraph today about the meeting between Rafa Benitez and Mike Ashley set for sometime next week, when the two men will try to come to some join agreements as to the level of investment in the summer transfer market as the number one issue.

But Rafa will also lay out the various improvements he wants at the club, such as improvements to the Benton training grounds and he will want to ensure he still has full control of all football matters at the club.

He will also present Mike with his long term vision for Newcastle United as he tries to transform us into a top club in Europe and start to win some trophies again after almost 50 years without one.

Rafa Benitez and Mike Ashley

Mike Ashley wants Rafa Benitez to stay at the club simply because he’s been so fantastic for us over the last 14 months and Rafa wants to stay because he sees Newcastle as his next Liverpool.

The fans also love him and he’s  been given more control of a club than he’s ever had before in his career.

So inside sources are saying something very important – that both men are keen to come to some sort of agreement and it will need to be a compromise.

The amount that Luke Edwards is reporting that Ashley is willing to give Rafa is £70M cash up front, but that does not include any money he can generate from selling players this summer – and that could be quite a few and some reasonable additional funds.

Rafa will then get a sizeable amount if he decides to sell players he thinks are expendable.

These have been the players out on loan this season.

Players on LoanLoan PeriodClub
Florian ThauvinSeasonMarseille
Siem de JongSeasonPSV
Kevin MbabuSeasonBSC Young Boys
Henri SaivetSeasonSt. Etienne
Tim KrulSeasonAjax
Adam ArmstrongJanuaryBarnsley
Emmanuel RiviereSeasonCA Osasuna
Jamie SterryJanuaryCoventry City
Haris VuckicJanuaryBradford City
Sammy AmeobiJanuaryBolton Wanderers

We will definitely get £10M for Thauvin from Marseilles and he could also elect to sell the following players:

Tim Krul (£6M)
Siem de Jong (£5M)
Emmanuel Riviere (£3M)
Kevin Mbabu (£2M)
Henri Saivet (£4M)

And of the current squad he could sell include:

Cheick Mbemba (£10M)
Grant Hanley (£6M)
Jesus Gamez (£1M)
Achraf Lazaar (£5M)

Those are very rough estimates – what do you think each player is worth?

So including the £10M for Florian Thauvin Rafa could maybe generate an additional £52M from sales this summer.

If Ashley is willing to give Rafa £70M up front plus what Rafa and Lee Charnley can make from selling players that’s around £120M in total gross outlay in cool cash for players coming in,

That should be ample enough for this summer – especially when Lee and Rafa are already lining up some free agents and some bargain buys.

And the two men worked famously last summer and if they can get somewhere near that this summer we should be just fine – although there is still a ton of work to do.

And they already seem to have done their homework for this summer and remember Rafa is nothing if not completely thorough in his planning.

We don’t think there’s going to be a problem at that Ashley-Benitez meeting.

We hope there’s not going to be  a problem at that Ashley-Benitez  meeting.


What do you think?

Comments welcome.

17 comments so far

  • TyneMouth

    May 4, 2017 at 10:07 AM

    Comment #1

    The most important result on Sunday is to win the game against Barnsley, and to win it comfortably, with early goals so that we can enjoy our last game in the Championship, with our fingernails intact.

    As to whether Brighton can win their game, who knows. One thing is certain though, the Championship is their’s to lose!

    It’s always great to end a season with a win, expecially if the win in its self was memorable. Remember last Summer, I can’t be the only fan, devastated by relegation, who gained a certain consolation in the memory of spanking Spurs 5-1.

    Looking forward to Sunday, if we win the Championship it will be a wonderful and memorable contribution to Geordie folklore. If Brighton succeed, hats off. Our target this season was promotion, promotion, promotion.

    Promotion was the only game in town, and throughout the course of this season’s blog activity, a substantial number of posters have stood by that mantra.

    The ‘Faith’ was kept! Well-done.

    A comfortable, professional win on Sunday, with a generous splash of style and skill, will set us for next season. HWTL…

  • LewSpi v2.0

    May 4, 2017 at 10:07 AM

    Comment #2

    Very optimistic Ed with your £120m, not such a bad thing mindya, why not ey, let’s get carried away! 🙂


    May 4, 2017 at 10:07 AM

    Comment #3

    There’ll be a ground full of fans wanting brighton to win at villa…both home and away fans… so dont expect villa fans to do there best for there team…..lets just win our game and hope villa players and staff are professional on the day…..coz it would be a shame if brighton were to be held and we put in a half arsed performance and dont take advantage.

  • Rotonda heights

    May 4, 2017 at 10:10 AM

    Comment #4


    i think the antipathy to ash is not so much the money he’s put in, but his refusal to sell at a fair price to people who really could take us to another level.

  • Tsunki

    May 4, 2017 at 10:11 AM

    Comment #5

    I think he will sell Mbemba. No doubt he’s a decent CB but I think he doesn’t learn his lines and is liable to pull his colleagues out of position. Just saying.

    On the banner over the Stadium of Plight, it would be satisfying to show the mags have class above the unwashed by taking the much higher ground.

  • hibbit

    May 4, 2017 at 10:12 AM

    Comment #6

    TyneMouth /SPRINGY
    exactly right …. lets just enjoy the atmosphere win the game what ever else happen is out of out hands

  • cyprus

    May 4, 2017 at 10:12 AM

    Comment #7

    First off: keep the spirit Ed, you’re a brave man and Nufc will give you happiness by winning this thing.
    Two: well done shearer for upping the ante. You played your part.

  • Tsunki

    May 4, 2017 at 10:15 AM

    Comment #8

    When we are talking about Rafa squeezing money out of tight Mike, we aren’t talking about asking him to be a benefactor – it all depends on the percentages. If Mike can be shown his investment is worth the percentage increase in profits he will do it. If he can’t and the money men show he can attempt another tread water strategy successfully, he will do it. Ambition for cups and titles and Europe are only significant in so far as potential brand elevation and product placement.


    May 4, 2017 at 10:18 AM

    Comment #9

    Rivi, Mbabu and Saviet for 9 mill? Krul with 1 year left going for 6mill? And someone paying money for de Jong? Aye not sure about these estimates

  • posada

    May 4, 2017 at 10:19 AM

    Comment #10

    It will cost money to get rid of SDJ, Riviere and Saivet.
    We will get no money from the sale of these players.

  • hibbit

    May 4, 2017 at 10:20 AM

    Comment #11

    the new sponsor could play a big part in how ambitious the club/ashley needs to be

  • posada

    May 4, 2017 at 10:23 AM

    Comment #12

    Re the banner flying.
    The plan was for a similar message they sent us last year.
    After supporter objections it’s been turned into a charitable thing.
    I don’t want us to fly any banner at all. Give all the money to charity.
    Stay neutral, ignore them. It’s their situation and their problem. Let them deal with it.

    We dealt with it. 50,000 of us kept going this season.

  • ShirebrookToon

    May 4, 2017 at 10:23 AM

    Comment #13

    Any news on when the new sponsor will be announced?

  • giimps

    May 4, 2017 at 10:27 AM

    Comment #14

    What would be nice is for us to beat barnsley and Brighton to get a dodgy penalty in the 96th minute for villa to win.
    The yve had so many penalties and scored goals in the last throws of matches (when there is no reason for the added time) as opposed to us, time cut short when were losing and the opposition given extra time to score if were winning.
    I cannt remember any games this season for brighton where they have had players sent off and then rescinded, or Referees completely forgetting the rules of the game to try and stop us winning…….however, its all worked in the EFL favour, the title has gone to the last day to make the league look more interesting and competetive than it is.
    Banning Shelvey for 5 games, the Forest game and the Leeds game are just a few ways the EFL have contrived to keep us back but weve still come through it to escape to victory……HWTL and HWTF………Going down Going up……Come on Agent Bruce, see if you can get a tune out of your team at home on the last game of the season….its not too much to ask is it?

  • jimmysmith

    May 4, 2017 at 10:39 AM

    Comment #15

    Well I think the sections of fans who have extreme antipathy toward Ashley for whatever reason don’t take into enough consideration the money he has put in, although personally I think he hasn’t quite invested enough and certainly not well enough. Which is why I have such high hopes for Benitez at Newcastle. It really just needs a football man of quality to convince the owner to put that little bit more money in, and be given the autonomy to spend it with an eye on results in the present and the future, for the club to finally punch its true weight and give a return to the owner that would convince him to keep backing the club to continued success. No need to over reach, but 6th, 7th, 8th consistently and an occasional cup, FA, EFL or Europa. The latter I think is certainly on if Rafa is backed reasonably given the budgets of English clubs relative to continental clubs.

  • TyneMouth

    May 4, 2017 at 12:27 PM

    Comment #16

    Last Summer, Rafa sold, or released, about 14 players. Four of which, Gini, Sulko, Andros, and a lazy right-click, for a total of about £75m, and reduced the wage bill considerably.

    Rafa spent that cash on the nucleus of a squad designed to gain promotion to the Championship, and the strategy was successful

    Realistically, Rafa has to be as ruthless this close season. Of the players Rafa bought a year ago, with the intention to succeed in the Championship, Richie, Hayden, Clark and Yedlin will progressing the new Premiership squad.

    Gayle has enjoyed a good season in the Championship, at least when he has been available, his fitness and fragility are a concern, it is true he will be better protected by the refs in the EPL, but his injuries weren’t because of fouling, or over vigorous tackling, but through his own exertions. His future at the club is dependent on the prognosis by the medical staff.

    Although a substantial number of squad members, ‘end of contract’ ‘past their sell-by date’ or simply ‘dead-wood’, left the club last Summer, Rafa will have to be even more surgical this time.

    A reasonable number of this year’s squad, who have contributed to the first team’s success, will have enhanced their reputations, and will be attractive to next year’s wannabee promotion contenders. Good luck Hanley, Murphy and Gouffran.

    Looking forward to Rafa’s recruitment safari, he will generate a reasonable amount of money through sales and the profit from last year’s transfer activities. If Rafa decides to sell any, or all, of Gayle, Perez or Mitro, (£40m+perhaps?) then he could have a reasonably handsome war-chest.

    There would appear reasonable grounds for optimism regarding possible transfer funding. No doubt some/most of the cash generated by past and future sales of players leaving the club, will not be received immediately, however.

    Should it be the case that a transfer fund of about £100m, the question is how do you invest it?

    Do you bring in 7/8 players @£10 to £15m each, or 3 or 4 @ £20m/£30m each?

    If we are to try and compete with the top EPL clubs, we have to match their ambitions and methodology. Chelsea will probably only buy 2/3 marquee players this Summer, (probably re-stack the Academy squad however, future monies to be made there, I’m nodding to Michael Ashley…)

    If Rafa was to sign 3 or 4 top class players this Summer, it will be easier to integrate into the team. We have a very Happy, United dressing-room at present, probably as unified as the Nolan/Harper gang of seven years ago. Don’t lose it, it’s hard to build.

    Four positions we need top class Signings;
    Assuming a three man backline, in front of them a modern number five, part defensive enforcer, part deep-lying playmaker, a Jonathan Woodgate, perhaps.

    Dummett can look back on this season with pride, he is our best defender, but he has limitations as a creative attacker. However there should be a place for him in a back three format. We desperately need a top class wing back.

    The mid-field for next season will benefit with the addition of a Cante type defensive mid-fielders, (no sh”” sherlock!) so could the other Premiership sides, except Chelsea.

    We need a top class number 10, we have the blueprint, it’s name is Beardsley, go find!

    Finally, and inevitably, a number 9. Mitro has a wonderful heart, but hearts don’t kick or head goals, give me a Mitro to a Sulko any day. Sorry, but thank you, and good luck.

    Any one of those positions could be our next Captain. Lascelles has been OK, but only just OK. We need a voice, or for that matter, many voices! At its best SJP in not the Emirates. (thank god) it’s very noisy, we need a leader(s) on the pitch who can be heard. Something for the training ground, make them wear ear plugs so they have to shout! perhaps.

    Roll on Sunday… HWTL…

  • banjax

    May 4, 2017 at 1:12 PM

    Comment #17

    The big question is ‘has Mike Ashley learnt his lesson ?’ After years of listening to the wrong advice about owning and running a football club which was a spectacular failure hopefully he has changed his ways. Ashley’s losses will have cost him £millions in sacking compensation, relegation, supporter boycotts and wasteful transfer spending. If he had ran Sports Direct this way, he would have been branrupted. Taking all that wasted money into account it’s a fair bet Ashley has learnt his lesson to the point that he will listen and give Rafa what he needs. £150m as Alan Shearer says, is the minimum sum needed to rebuild and tool up our great club to live in the Premiership. If Rafa is backed financially, the rich returns of playing in the Premship will line Ashley’s pockets with Moola and give our club and supporters the Trophies and success we deserve.


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