The Telegraph (Luke Edwards) is reporting that Newcastle will have a bigger transfer budget this summer than they did last summer.
That’s hardly surprising because owner Mike Ashley last summer allowed only a net of £19M to be spent.
That caused Rafa to get players he “could” sign rather than those he “wanted” to sign.
But as long as Newcastle stay in the Premier League we should be able to sign some talented players this summer and surely the record fee of £17M we paid Real Madrid for Michael Owen back in 2005 will be broken.
The Telegraph are reporting the relationship between Rafa, and Mike Ashley is not good,
But Rafa has conducted himself extremely well under some challenging circumstances this season.
Mike Ashley to keep Rafa he will have to allow “big” money to be spent
This is the small piece in the Telegraph report about transfer finds:
“Sources have already indicated to Telegraph Sport that the transfer budget in the summer will be larger than the one on offer this season.”
That in itself doesn’t say much at all, but we expect Rafa to be given a lot of money to spend this summer, and it will include fees he can get for players like Mitrovic, Mbemba, Gayle, and Colback.
Newcastle are in 13th place in the league at the moment, and if we remain in that position at the end of the season, we should get around £113M.
That’s what Stoke got last year for finishing in 13th place, and we will likely get more than that because Newcastle have been shown live on TV a lot of times this season; that’s because we have Rafa as our manager.
Last year from the Championship (£7M) and the Premier League parachute payment (£40M) we got around £47M in May from the leagues.
So it’s going to be about two and a half times that this May and that’s quite a difference.
Since Mike Ashley is keen to keep Rafa at the club, long term we expect him to allow Rafa to spend some big money this summer – “big” for Newcastle United – given our past history.
Rafa should be able to make around £40M from outgoing transfers of Mitrovic, Mbemba, Gayle, and Colback,.
And if he gets just half of the PL money (say £60M) that’s about £100M he could have to spend.
That’s what an ambitious owner could do.
The negative is that if Ashley still wants to sell the club, he will want the financial books to look good, but that could be dangerous.
If Ashley significantly restricts the transfer money again this summer the manager has to spend – Rafa could even walk.
What do you think?