It’s almost unbelievable that with only four days to go until the transfer window opens on Monday Rafa Benitez still does not know how much he will have to spend from owner Mike Ashley.
Given the situation we had in early May after winning the Championship, it’s just incredible how things have gone downhill from then when everything looked so rosy for Newcastle.
But Ashley’s unwillingness to spend money in the summer – presumably to keep the financial records looking good has completely backfired.
And that follows last January when halfway through that transfer window he decided he wasn’t going to spend one penny of Newcastle’s money on new players to the complete bewilderment of Mr. Benitez.
Mike Ashley – Newcastle owner
Rafa has to understand this man knows very little about how to run a football club even though he’s tried to do that over 10 years – the squad has always been second priority to the playing staff.
What you get with that strategy is a good bank balance and a poor team on the field.
There’s no way Ashley will now get £350M for the club or even £300M since would-be buyers know there is a considerable investment required at the club to get the playing squad Premier League class.
This is the short answer Rafa Benitez gave when asked about next month’s transfer window by Sky Sports:
“I cannot say too much. We are working to try and bring in some players.”
“I have to work with Lee Charnley, and find the players we need to stay in the Premier League.”
And if Mike Ashley for the third time decides to take the club off the market because nobody came up with Ashley’s valuation of the club – all hell will break loose.
We will also certainly lose Rafa Benitez in the summer if that does happen.