So much for the £40M to £50M Rafa would get to spend this summer plus anything he can get from transferring players out of the club.
We have a net spend of -£12M right now (a profit) but that does not include loan fees and agents’ fees.
But you can’t say Mike Ashley has given big money to Rafa to bring in good players either.
It seems almost the same situation as it was last summer – and that’s worrying.
Rafa Benitez – explaining the tragedy of a third relegation
This is the latest (plea) from Rafa Benitez – directed squarely at our miserly owner Mike Ashley – who just doesn’t like to spend money:
“Everybody is expecting that you will improve the team and improve the squad.”
“All the Premier League teams are spending big money, and they know how important it is.”
“I said last year, and I am saying this year again, that when you are talking about so much money from the TV, it is crucial to stay in the Premier League if you want to compete.”
“If you go down, the next year is even more difficult because the difference in money is massive.”
“Hopefully, we can do well in the next (two) weeks and we can improve the squad enough to at least be competitive next year.”
Here’s where we stand right now on transfers but we are hoping we can sign 26-year-old Yoshinori Muto for £9.5M from Mainz very soon.
|Ki Sung-yueng||Free agent||Swansea|
|Martin Dubravka||£4.0M||Sparta Prague|
|Salomon Rondon||Season loan||West Brom|
|Transfer Fees paid out||£22.5M|
|Mikel Merino||£10.0M||Real Sociedad|
|Jack Colback||Season loan||Nottingham Forest|
|Dwight Gayle||Season loan||West Brom|
|Henri Saivet||Season loan||Bursaspor|
|Transfer Fees into club||£43.0M|
|Net Spend||-£20.5M (profit)|