From what we can tell Newcastle have spent about £35M gross on players and a much more significant number – £12M net on transfers.
But fans and manager were expecting around £70M net to be available this summer, so that’s a huge discrepancy in the money that was spent – if that’s all Mike Ashley had available to give to Rafa Benitez.
For the money we did spend, Rafa brought in some decent players – all of whom can improve under his coaching.
Sam Allardyce – while Newcastle manager
Former Newcastle manager Sam Allardyce has come out and defended Newcastle owner Mike Ashley by saying that’s all Mike could do – give Rafa all that was available that the club had generated.
We were obviously behind the other clubs in the Premier League who had just received huge money from the new £5.1B rights agreement last May, which looks like it may even keep increasing in future years.
This is what big Sam has told talkSPORT.
“Mike has openly said he’s given Rafa all the money he could possibly give him that’s generated by Newcastle.”
“I don’t think you can ask any more than that. But it’s how you spend that money and who you spend it on,”
“Of course he openly said you can’t compete with Manchester City, as much as the fans would want them to.”
“They can’t compete with Manchester United, Manchester City, Arsenal, Chelsea even perhaps Everton, certainly not Liverpool.”
“Financially they just can’t get there; you have to do the best you possibly can with what you get.”
“Newcastle should be happy to finish in the Premier League for next season and then build from there and try not to put too much pressure on the players.”
Here are the comings and goings at Newcastle this summer.
|Javier Manquillo||£4.5M||Atletico Madrid|
|Mikel Merino||Loan - season||Borussia Dortmund|
|Transfer Fees In||£34.5M|
|Vurnon Anita||Released||Aston Villa|
|Haris Vuckic||Released||FC Twente|
|Lubo Satka||Released||FC DAC 1904 |
|Kevin Mbabu||£1.0M||Young Boys|
|Matz Sels||Loan - season||Anderlecht|
|Adam Armstrong||Loan - season||Bolton|
|Lewis Gibson||£1.0M initially||Everton|
|Daryl Murphy||£2.0M||Nottingham Forest|
|Ivan Toney||Loan - season||Wigan Athletic|
|Siem de Jong||£4.0M||Ajax|
|Grant Hanley||£3.5M||Norwich City|
|Tim Krul||Loan - season||Brighton|
|Achraf Lazaar||Loan - season||Benevento|
|Transfer Fees Out||£22.5M|