The Chronicle are currently conducting a Q&A with their readers today, with Lee Ryder answering the question, and there’s some decent information being revealed.
One is the Chronicle reporters think that Rafa now knows what his transfer budget is for the summer – it’s not good news and it’s said to be only a “modest” amount.
It’s said to be close to what Rafa had to spend last year, and Newcastle’s Lee Charnley has indicated that was over £40M net so there must have been some agents’ fees in there.
Our estimate of net spend last summer was around £20M.
In any case, Rafa wasn’t happy with that amount last summer, and since we have earned £123M from the Premier League, he’s not likely to be a happy man.
Rafa Benitez – unlikely to be happy with “modest” transfer budget
The difference this year is that Rafa does have a few players who should bring in some money so he should have more to spend overall than last year.
That amount could be as much as £40M but only if we sell both Mitrovic and Gayle – two of our strikers.
But it’s looking like the net spend this year could again be minimal.
The exact amount he will get will not be revealed publicly, but estimates have been around £50M, and it’s supposed to be close to last year; Charnley said that was something a little over £40M.
Rafa complained he couldn’t even compete with Brighton and Huddersfield last summer and that could be the same this summer.
Rafa also wants his transfer dealings completed early in the summer, but it didn’t turn out the way Rafa wanted last summer with Newcastle dropping the ball on several potential deals.
We should be hearing something over the next week or two of some new arrivals coming to Newcastle.
But there’s a lot of hope in that statement.