Why £150M Could Be Given To Rafa Benitez This Summer

Former Arsenal striker and BBC pundit Ian Wright believes that Rafa Benitez at Newcastle needs as much as £150M to spend this summer and we don’t think that’s too unreasonable.

That’s if you include in that £150M the money we can get for some players Rafa will want to sell this summer who no longer have a future at Newcastle – and there are quite a few of them, most of whom have been out on loan for the season.

The first one is Florian Thauvin and we will get £10M for him from Marseilles for starters – and we could have got a lot more if the fee wasn’t set last summer.

Ian Wright – BBC pundit

Then there are players like Chancel Mbemba, Grant Hanley, Siem de Jong, Tim Krul, Henri Saivet, Massadio Haidara, Emmanuel Riviere and others who Rafa could sell for reasonable transfer fees in today’s inflated market.

Rafa will meet with owner Mike Ashley this week and it’s more about getting the blueprint (strategy) for the future agreed to between the two men.

But Rafa will also get to know how much money is available to spend, but will likely be told to clear the decks of those players we don’t need any more to reduce the wage bill.

That’s very much what Rafa did last summer when he was building a Championship side.

This is what pundit Ian Wright has told BBC Radio 5 Live:

“Rafa is obviously going to stay now. For Newcastle fans, what do they want now? I’ve not heard Newcastle fans being disgruntled about the owner all season.”

“I don’t think £150M is ridiculous as a budget. When you consider there are players going for £30 million who are only just getting into Premier League teams.”

“£30M is nothing in the current climate – it’s nothing.”

“He’s got to do something. He’s got to get near to those kind of figures. They’re not just prices people are plucking out of the air when they say £150M.”

“We’ve seen Manchester United paying close to £100 million for a player.”

“What’s going to happen is that they have to start paying the kind of wages that will attract people to Newcastle, for a start, and keep them there”

“You’ve got to start to speculate to accumulate.”

Ashley spent nothing in the January transfer window so money should be available and the new financial year starts on July 1st.

And since Rafa should have Newcastle finish in the top half of the table next season the likelihood next May is that we could get upwards of £140M from the Premier League.

Rafa could have some of his figures in his presentation to Mike Ashley this week.

And don’t forget Rafa saved Mike Ashley last summer by agreeing top stay on at the club and the fans didn’t go after the owner this time like they did in 2009.

So in  a way Mike owes Rafa for that – big time.


One thing is almost certain, we will have to smash our transfer record this summer,  which is still only £17M when we brought in Michael Owen from Real Madrid 12 years ago.

At that time Rafa Benitez at Liverpool would only pay up to £8M for Owen to take him back to Merseyside, because that’s the fee they sold him to Real Madrid the year before and Rafa wouldn’t pay any more than that.

That’s it – what do you think?

Comments welcome.

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