Report – Benitez Playing Hardball In Negotiations With Newcastle

There’s news in the Mirror today (Simon Bird) that Rafa Benitez wants written guarantees in his contract if he is to sign a new deal to stay at the club.

Newcastle have offered Rafa a new deal but once bitten twice shy – and he wants to ensure he gets transfer money in the next few transfer window, so he doesn’t have to go through another season like this one.

The Mirror is reporting that sources told them the manager and Newcastle struck a verbal agreement last May that gave Rafa around £70M to spend over three transfer windows.

Rafa Benitez – wants written guarantees from the club

But as we know Rafa was not happy last summer when he was unable to sign some of his top targets because of a lack of funds.

Hence he wants more than verbal agreements this time around and will insist on figures being written into his contract on what transfer funds he can expect in the short-term.

You can hardly blame Rafa for this, and he did the same thing two years ago before he would sign a contract to initially come to the club.

Newcastle should be getting around £125M from the Premier League later this month, so hopefully, there will be enough money for transfers to keep him at the club.

But in the Fans Forum meeting last week Lee Charnley said Newcastle would make a loss during the time we were down in the Championship in the 2016-2017 financial year.

And it seems that Ashley loaned the club another £35M to help pay the huge wage bill for a Championship club.

The good news for Rafa is that we now have some players who can bring in some decent transfer fees this summer including Aleksandar Mitrovic, Dwight Gayle, Jack Colback, Matz Sels and Chancel Mbemba.

Rafa should be able to use that money to help bring in new players this summer.

What do you think?

Comments welcome.

9 comments so far

  • Ron Knee

    May 3, 2018 at 9:34 AM

    Comment #1

    “There’s news in the Mirror today (Simon Bird) that Rafa Benitez wants written guarantees in his contract if he is to sign a new deal to stay at the club.”

    Carved in stone.

  • DutchontheToon

    May 3, 2018 at 9:36 AM

    Comment #2

    Totally agree. Do not sign any contract until you get what you want. Ashley will let you down. As mentioned many times a leopard never changes its spots. On another note why has PCP gone so quiet. Have they walked away from any further talks.

  • AncientC

    May 3, 2018 at 9:41 AM

    Comment #3

    I can envision an impasse in talks (directly or indirectly) between Benitez and Ashley/Charnley. As others have claimed, it now seems likely that Benitez will want those cast iron assurances over transfer funding, and not some open to interpretation agreement based on ‘every last penny’ after Charnley has decided how much that will be.

    The problem, I believe, and I have said this all along—Ashley will not commit to another agreement similar to which Keegan had—the reasons for that one being obvious. If that suggested stalemate comes to pass, to break that stalemate one of them is going to have to trust the other, and it would appear that Benitez is the one that has legitimate grounds for mistrust, not Ashley.

  • jazzyp

    May 3, 2018 at 9:50 AM

    Comment #4

    Good on ya Rafa… Stick it to the tosser.

  • RobLeenio

    May 3, 2018 at 10:05 AM

    Comment #5

    Not sure what Simon Bird would know, as far as I can see the negotiations are being done on the QT. Of course Rafa wants some clauses inserted, isn’t that the point of the negotiations? Non-story.

    All I ever think of with him was Joe Kinnear’s infamous “which one of you is Simon Bird” outburst.

  • mactoon

    May 3, 2018 at 10:07 AM

    Comment #6

    @DutchontheToon Comment 2

    As far as reports go, the last offer of £250 million with no clauses was tabled on November 17th. In December, Staveley says Ashley’s people said another bidder was willing to pay £350m. She told Ashley to come back to them if they wanted to re-engage in talks, but has heard nothing since.

    The bid is still on the table but Ashley is reported as saying he is not aware of any such bid and now says any bidder must match his valuation and prove they have the funds to buy it. The problem now is that we are safe so the price is far more than £250 million but Ashley has not stated the price he wants. Over to you Amanda, or someone else.. anyone…

  • Geordie-john

    May 3, 2018 at 10:17 AM

    Comment #7

    Well Done Rafa ! I presume most of Tyneside will be behind you on this decision given Cashley’s unbelievable false promises in the past.
    Stand your ground and if he truly wants you to stay and develop the club or add value to it so he can sell for top dollar then he will have to give you what you want and need to further your ideas and the club set in stone.

  • mactoon

    May 3, 2018 at 10:32 AM

    Comment #8

    The problem is he has already said he can’t take the club any further and there is no money so it would be a massive change of direction if he is willing to insert hard figures for a transfer fund into the contract even with the TV money coming into the club. The accounts are due and will reflect the cost of the relegation season and I have no doubt he will use this to try and wriggle out of any financial commitment.

    It’s frustrating because all it would take is a commitment of a stated reasonable sum plus any funds made available from player sales with any purchases capped by an overall wage bill stated by Ashley.

  • Nostradamus the Geordie

    May 3, 2018 at 2:51 PM

    Comment #9

    If this isn’t fixed over the next few weeks I can see Rafa leaving, then what. Ashley needs to understand that bringing in some half brained manager isn’t making the club attractive to any potential buyers plus the monies involved in TV rights goes out the window. If Rafa is manager he makes more money for the club as TV companies are more willing to show Newcastle games due to having Rafa as manager. What’s Ashley’s idea, play hardball with Rafa because Wenger is available? I honestly don’t understand the thinking with M.A, I thought that if you done a good job at the work place you get rewarded, isn’t that how it meant to happen. Surely in business he understands that part of the acquisition.


You must log in to post a comment.