The Express are today reporting that Newcastle could be handed an enormous war chest for transfers should the club change owners before the end of the year.
The news last week was that Amanda Staveley and her PCP Capital Partners group would bid £300M and then have £150M for player investment over the next two years.
In some reports that amount got expanded to £300M for player investment alone and today that amount in the Express is said to have reached £500M.
It’s like when fishermen tell the stories about the size of the fish they caught – they keep getting bigger.
£500M may be a good figure for the total investment required over the next two years – say £300M to buy the club and then up to £200M to invest in new players.
Rafa Benitez – Newcastle manager
But that’s not what the Express is reporting.
Here’s an extract from the report in the Express:
“And Benitez will be given substantial funds on new players as much as £500 million in the next two transfer windows to turn Newcastle into title contenders.”
It’s difficult to know how you could use £500M in the transfer market.
Well, maybe not with players going for £193M and more these days.
But we don’t think Rafa will pay too much for players – he is building a strong side of players who have the right character, determination, courage and ambition to play for Newcastle United.
That will not change if he is given big money to spend.
What will be possible is we can get three or four world-class players into the side – make that four.
How much that will cost is a good question, but we can still get bargain buys too.
Like Mikel Merino for £6M.