The Chronicle are reporting that Newcastle United will get a Premier League payment in January that hopefully will be used to bring players in during the January transfer window.
We had an article out yesterday which said that Rafa would be backed by funds in January whether or not the new owners are in place by then.
So after keeping funds back from Rafa in the summer – presumably, to make the finances look better – some of Newcastle’s money can be used for what it’s supposed to be used for – to build a top team on Tyneside.
Newcastle got £40M in early summer from the Premier League, and they will now receive £21M in the first week of January as part of the overall payments they will receive this season in the Premier League.
They will also receive the standard £10M that very club gets for TV broadcasts of PL games plus £1M for each game when Newcastle are shown live – and the vast majority of Newcastle’s games have been shown live this season.
Rafa Benitez – to get transfer funds in January
So maybe the total the club will receive in January is around £35M.
Newcastle are also receiving some staged transfer payments they will receive for the sale of Siem De Jong (Ajax), and Grant Hanley (Norwich) said to be around £6M.
So it seems safe to say Newcastle will receive close to £40M in January and we hope the majority of that can be used to help Rafa Benitez bring in some good players top strengthen the squad – two good strikers is what we need the most.
Rafa has two transfer lists – one that will be used if new owners are in place and the other if Ashley is still the owner and we assume the former will include better and more experienced players
There is still time for some consortium to buy Newcastle before the end of the year; the next thing we need to hear is a price has been agreed, and the overall structure of a deal has been agreed with Mike Ashley.
We will need to hear that this month – the earlier, the better – if a sale is to happen this year.
But whatever happens, it seems clear Rafa will get some money to spend early in the new year, and he can also sell players to get more money he can use to bring in players in the upcoming January window.
It would be nice to have a good transfer window after having two poor ones in the summer and last January.