News today that Rafa Benitez has been discussing in detail with Lee Charnley exactly how much money is available this summer in the transfer market.
It will be complicated because Rafa will need to sell players to fund incoming players.
But that’s not as easy as it sounds because most clubs when they buy a player pay the transfer fee over several years and often over the length of the player’s contract.
So that money will not be instantly available to Rafa – but our assumption is that he can still spend that much.
So if we get £20M for Aleksandar Mitrovic Rafa can spend that £20M – and maybe we pay for that over a number of years and give out a lot of five years deals?
Rafa Benitez – happy after we took Chelsea apart 3-0 in last game
Rafa was hoping for a budget that would help him compete with the top clubs, but that isn’t going to happen – not this summer anyway.
The other complication in these transfer windows is at which stage of the summer will some of our targets be available?
Rafa will not know exactly if Chelsea will sell Kenedy to Newcastle or whether we can sign him on loan for the season – or whether he’s simply not available.
That happened last summer when at the last moment Chelsea manager Antonio Conte decided to keep the player at Chelsea because he was unable to bring in a replacement.
If Rafa can really get £50M plus money from transfers, then that could be a reasonable amount – at least compared to all the other transfer windows Rafa has had at Newcastle.
Let’s say we get £20M for Mitrovic, £15M for Gayle and £8M for Mbemba – then that would mean Rafa has £93M to spend this summer.
And let’s add £10M we seem to be getting for Mikel Merino from Real Sociedad and that’s a total of £113M.
And since in some reports Rafa is said to get between £40M to £50M plus any transfer fees – let’s assume it’s only £40M and that makes the total £103M.
That’s still a lot of money for this summer, assuming Rafa can get some good deals done like he’s already done for star goalkeeper Martin Dubravka.
It’s different and a lot better than last summer because we have players now who are both surplus to requirements, and can bring in some good money in the transfer market.
And Mike Ashley not putting money into the club seems like a red herring.
Ashley put some money in during our promotion season to see us through.
But Newcastle in the Premier League should be able to generate enough in revenues each year to be able to compete (using only the club’s money) with the vast majority of Premier League clubs in the future.
That must be the goal of any business so Ashley cannot be taken to task for not putting his own money into the club; that’s our opinion, and maybe it’s the contrary view.
One area Newcastle need to concentrate on is our commercial revenues, and that should keep increasing as long as we have Rafa Benitez at the club.
So while it’s true Newcastle need to be nimble in selling players – and that’s not a strong point of Lee Charnley and company – it’s not as dismal as has been portrayed.
What do you think?