Newcastle Due A Mini Windfall Of Around £35M In January – Transfer Funds For Rafa


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.

Comments welcome.



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9 comments so far

  • G

    Nov 9, 2017 at 3:58 PM

    Comment #1

    I will be amazed if Rafa has £40M to spend in January. Maybe if the prediction about the 27th is correct? Otherwise I expect him to have to sell first.

    0
  • RUNAWAY777

    Nov 9, 2017 at 4:07 PM

    Comment #2

    7th day stilling waiting by its getting boring anyway money back off the tax man always nice, have a good night lads.

    1
  • hibbit

    Nov 9, 2017 at 4:10 PM

    Comment #3

    there’s few enough of us left on the blog its silly for us to decimate it even more with politics
    no matter who’s right or wrong

    ed’s blog it’s self is causing enough damage to its self with all the shit it throws at you every time you log on

    1
  • Jail for Ashley

    Nov 9, 2017 at 4:12 PM

    Comment #4

    No smileypooemoji on that headline, 40M should get a striker and No 10 and wherever else Rafa feels we are short, another attacking CAM would be nice.

    0
  • Jail for Ashley

    Nov 9, 2017 at 4:17 PM

    Comment #5

    G,
    There’s no one left to sell that wouldn’t significantly weaken us. If all the funds available are to be raised by selling first then it’s going to be an uncomfortable five months.

    3
  • Mister Tuff

    Nov 9, 2017 at 4:17 PM

    Comment #6

    Mr Tubbs………………………………………………………………..OOT
    Corbynistas’……………………………………………………………OOT
    Champagne Socialists……………………………………………..OOT
    Bolinger Bolshevics………………………………………………….OOT
    Guardian Readers……………………………………………………OOT
    Man who took Diane Abbott on holiday……………………….OOT

    3
  • Ben

    Nov 9, 2017 at 4:45 PM

    Comment #7

    No one left to sell who wouldn’t significant weaken us? –
    Colback
    Saivet
    Diame
    Pérez
    Aarons
    Mitrovic (never played and Rafa doesn’t fancy)

    Could go on with the dead wood.

    1
  • c-dog

    Nov 9, 2017 at 5:14 PM

    Comment #8

    Can add Joselu to that list there lad

    1
  • Jib

    Nov 9, 2017 at 6:55 PM

    Comment #9

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