When we were promoted just less than a year ago, Mike Ashley told Rafa Benitez he could have every last penny the club had, but of course, he didn’t follow through on that.
It’s true that we had lost out on big money by being relegated in 2016 and as an example of that, we got £7M from the Championship and about £40M as a parachute payment from the Premier League last May.
So we got £47M from the leagues.
In contrast to that, a smaller club like AFC Bournemouth who finished in 9th place last season in the Premier League received about £125M – almost £80M more than Newcastle, and that makes a big difference when you are going after players in the transfer market.
Rafa Benitez – is the worst over for Rafa?
But the worst could be over, and Newcastle are back in the big money again, and it does look like Mike Ashley will support Rafa this summer – according to a Chronicle report.
Rafa will now be able to get rid of those players he doesn’t need like Aleksandar Mitrovic, Chancel Mbemba, Jesus Gamez, Sadio Haidara, Rolando Aarons, Jack Colback, Henri Saivet and probably Dwight Gayle.
Rafa will try hard to persuade Kenedy to stay on at Newcastle, and he will do the £4M deal to get goalkeeper Martin Dubravka on a permanent deal.
Since we expect him to sell both Mitro and Gayle, he will bring in two top strikers and also a full-back and center-back to fill in for Gamez, Mbemba, and Haidara.
What Rafa will do is bring in players who are better than we currently have to increase the competition for places and improve the quality of the first team.
Those players who leave will bring in transfer money Rafa can spend, and they will also free up the wage bill for better players coming in.
Given what Rafa has done this season on a measly £20M net last summer plus three loan players in January, if he is given around £60M to spend and say another £45M from selling players, then Newcastle could be a much-improved team come September.
We also expect Rafa to try to bring in a couple of top young players on loan from the big clubs so we can even be challenging for a top-six position.
That’s what Rafa wants to do and win a Cup too.