We’ve Done The Maths For Rafa – Yes – We Do Have Enough Money For New Players

Newcastle have done really well in getting an initial payment of £22M for Aleksandar Mitrovic moving to Fulham – with the move being imminent.

Mitro will be undergoing his medical today after returning to England from the Portugal tour and he was in Portugal with Newcastle less than 24 hours.

The word came through just before the 8:00 pm kickoff last night that Fulham and Newcastle had finally agreed a fee for the 23-year-old Serbian striker.

That didn’t take long.

Keith Downie of Sky Sports reported it was £22M initially and up to £5M in potential add-ons – to be fair that’s a very good deal negotiated by Managing Director Lee Charnley.

Rafa Benitez – looks happy at the news

And after the 0-0 draw last night at Porto Rafa Benitez was asked if any of that money would be available to him to spend and this is what he said:

“I don’t know the numbers or I don’t control the accounts, but I think if you do the maths we have enough money.”

We have updated our transfer table and included two deals which are still pending – Muto to Newcastle for £9.5M and Mitro to Fulham for £22M.

But with those deals completing shortly Raf will have brought in £41M in transfer fees and we have paid out (only) £16.5M.

In other words – a typical Mike Ashley transfer window.

This is what the numbers look like – there seems around £24.5M profit we have made this summer so far, although we have not included agents’ fees and loan fees in the figures.

That’s enough to buy striker Salomon Rondon (£16.5M) from West Brom and left-back Joe Bryan (£6M) from Bristol City and keep Dwight Gayle at the club.

KenedySeason loanChelsea
Ki Sung-yuengFree agentSwansea
Martin Dubravka£4.0MSparta Prague
Fabian Schar£3.0MDeportivo
Yoshinori Muto
Salomon RondonSeason loanWest Brom
Federico Fernandez£6.0MSwansea
Transfer Fees paid out£22.5M
Massadio Haidarareleased
Curtis Goodreleased
Jesus Gamezreleased
Mikel Merino£10.0MReal Sociedad
Jack ColbackSeason loanNottingham Forest
Chancel Mbemba£5.0MPorto
Matz Sels£4.0MStrasbourg
Aleksandar Mitrovic£22.0MFulham
Adam Armstrong£1.5MBlackburn
Dwight GayleSeason loanWest Brom
Ivan Toney£0.5MPeterborough
Henri SaivetSeason loanBursaspor
Transfer Fees into club£43.0M
Net Spend-£20.5M (profit)

Comments welcome.

273 comments so far

  • Optimistic Panda

    Jul 29, 2018 at 3:58 PM

    Comment #1

    Hahahahaha hahahahaha

    Ed I love this headline.

    Bet jibs foaming

  • geordiesteve520

    Jul 29, 2018 at 3:58 PM

    Comment #2

    I think I’d rather use that ‘profit’ to neogitate a full-time deal with Chelsea for Kennedy…

  • Jail for Ashley

    Jul 29, 2018 at 4:01 PM

    Comment #3

    Hanley was brought in for a purpose, firstly to fight for a starting place, when Clarke and Lascelles proved better he was there as back up, he was moved on with minimal fuss. Not a great buy but certainly not a poor one either.

  • Lovem or Hatem

    Jul 29, 2018 at 4:04 PM

    Comment #4

    If we have 24 million available (doubt it). For me that’s 6 million for Bryan and £18 million for De Arrescaeta. Then Reyes on a free.

  • chicousa

    Jul 29, 2018 at 4:08 PM

    Comment #5

    Unfortunately Mike Ashley has done his own math following the Mitro sale: zero funds for incomming transfers! 🙁

  • 9

    Jul 29, 2018 at 4:08 PM

    Comment #6

    Love the figures, Ed! Where will all that lovely money go? Transfer pot sitting begging with tongue hanging out? Promise of owner this would be the case? Err………

  • jesperfuglsang - capt'n awesome of the lemon crew

    Jul 29, 2018 at 4:10 PM

    Comment #7

    Toonces…that only to player were moved on. Both players we took a Lise on. One should have been kept.

    Only Richie had been a revelation. Diame had a great second part of last season.

    Yes Sels, Lazaar, and Hanley were poor. The rest couldn’t be shifted. Those we have shifted now we took a lose on again.

    Been said ones already but you didn’t really get it the first time around…

    What job had these player done your so proud of. They have been very poor so far:

    – Yedlin – not been that great
    -Manq – poor
    -Murphy – has been a £12M letdown
    -Atsu – seems to be a Championship player
    – Merino – had a great start sad to see him go before we really had the opportunity to see him
    Clarke – did well in the Championship
    – Gayle – we are trying to shift him each season
    – Joselu – don’t understand this one

    We are all please about the finish last season. I am also pleased we finished 5th under Pardew

  • Optimistic Panda

    Jul 29, 2018 at 4:13 PM

    Comment #8

    You can argue we’ve been stuck with players from the push for promotion but that’s more down to Ashley not releasing funds, so Rafas had to keep players he didn’t want as the sale value wasn’t worth the sale as any replacement wouldn’t be worth it. If you drop 2 3 or 4 of these players to buy 1 better there’s gaps in your squad so injuries would screw you.

    I’d blame the transfer policy over the manger every day of the week and twice on Sunday, Rafa got his way slightly then Ashley slammed the cookie jar firmly shut!

  • getoutofworeclub

    Jul 29, 2018 at 4:13 PM

    Comment #9

    The only deal I can see being done is swap deal Gayle for rondon transfer market closed and maybe just maybe 1 more loan deal if we r lucky profit again for Ashley and to think alot of people on here think we will be fine I watched the match last neet against Porto and I no it’s only pre season but we were shit spent most of the game defending if it wasn’t for wor keeper it would of been a different result what we need is a lb rb 10 roll 2 strikers and another winger so that’s 6 more players but sadly we will only be getting one more 2 if we are lucky

  • lesh

    Jul 29, 2018 at 4:14 PM

    Comment #10

    Optimistic P

    Jib foaming eh?

    When you look at the symptoms associated with foaming at the mouth, they include aggression, restlessness and changes in personality.

    Yup, that’s Jib to a tee, rabid!

  • mactoon

    Jul 29, 2018 at 4:15 PM

    Comment #11

    Bearing in mind that transfer fees will be paid (and received) over a number of years (usually 5) the figures quoted won’t be the amounts available for this window. ie ‘generated by the club’. So don’t expect anything near the £24.5 million quoted.

    The amount is what Ashley is willing to free up for transfers and will bear no correlation to the figurers above.

  • Optimistic Panda

    Jul 29, 2018 at 4:17 PM

    Comment #12


    I can’t see how you can knock Gayle, he banged them in for fun in the championship, one of our best players.

    I think Rafa would like to keep him as back up and for playing a different tactic, as Rafa can’t get a penny out of Ashley I think Rafa would or will sell as he’s one of our most saleable assets.

    I wouldn’t say we’re stuck with him, I think we could sell him tomorrow for a profit.

  • welshgeordie9

    Jul 29, 2018 at 4:17 PM

    Comment #13

    Of course we don’t have to do the maths with this one, Christ even Jib and Jail can work this one out.

    Ha ha ha

  • jesperfuglsang - capt'n awesome of the lemon crew

    Jul 29, 2018 at 4:17 PM

    Comment #14

    Toonces…I’ll follow up on this interesting talk when time presents itself!

  • jesperfuglsang - capt'n awesome of the lemon crew

    Jul 29, 2018 at 4:18 PM

    Comment #15

    OP…Gayle was fine in the Championship. But that’s what he is I think. A Championship player…

  • Optimistic Panda

    Jul 29, 2018 at 4:19 PM

    Comment #16


    He’s losing his tiny little mind as we type.

    Lining up the shots of meths and kestrel super strength chasers.

  • jesperfuglsang - capt'n awesome of the lemon crew

    Jul 29, 2018 at 4:20 PM

    Comment #17

    OP…I think we would break even on Gayle. Slight profit maybe…but replacing him might cost a lot more…

  • Optimistic Panda

    Jul 29, 2018 at 4:22 PM

    Comment #18


    I agree on Joselu, can’t understand him, Gayle even in the prem offers something.

    Stretches the game etc. I’d say he’s definitely way better in the championship but I wouldn’t call him a failure in the Prem.

    I wouldn’t say stick with him or poor signing either.

  • sing in the corner

    Jul 29, 2018 at 4:23 PM

    Comment #19

    I’m looking at your list there..
    ‘Very poor so far’. ??

    Yedlin – done pretty well. A regular starter.
    Manquillo – squad number
    Murphy – hasn’t set the world alight, but was bought for the future after all, arguably still time?
    Merino – good prospect, doing canny then spat the dummy out when not in the team after an injury
    Atsu – championship player? Really… Your opinion then.
    Gayle – fair enough, not done it in PL but scored a tonne of goals to get us back up which was why we bought him
    Joselu – aye ok (I think you have made your point there 🙂

    Hardly ‘very poor’ as a group!

  • ToonTime

    Jul 29, 2018 at 4:24 PM

    Comment #20

    We’ve just replaced Gayle with Muto for less money as far as I can see…

  • north east lincs toon

    Jul 29, 2018 at 4:25 PM

    Comment #21

    We need another midfielder can’t see Diame having another season like this again

  • the white tino

    Jul 29, 2018 at 4:26 PM

    Comment #22

    Mac toon OK then what about transfers out last few years that were paid on the drip?? Do they go to rafa or fatty??

  • Optimistic Panda

    Jul 29, 2018 at 4:26 PM

    Comment #23


    5 year plan?

  • jesperfuglsang - capt'n awesome of the lemon crew

    Jul 29, 2018 at 4:27 PM

    Comment #24

    Sing…I only try and offer my opinion…

  • Optimistic Panda

    Jul 29, 2018 at 4:27 PM

    Comment #25

    How long is the NHS waiting list

  • c-dog

    Jul 29, 2018 at 4:28 PM

    Comment #26

    Don’t forget agents fees when drafting a plan. Shall we make it a 7 year plan?

  • Lovem or Hatem

    Jul 29, 2018 at 4:29 PM

    Comment #27

    So, just Saivet and Lazaar to move on

  • jesperfuglsang - capt'n awesome of the lemon crew

    Jul 29, 2018 at 4:29 PM

    Comment #28

    OP…I don’t think Gayle offerers much to be honest. He had looked okay at times because Joselu has been so poor.

    I was pleased with him though in the latter part of last season when Mitro was send out on loan and we brought in an injured Slimani.

    He did better than I would have thought 🙂

  • JDdubai

    Jul 29, 2018 at 4:39 PM

    Comment #29

    Gayle’s pace and running in behind allowed us to play deep defensively and counter-attack, hence us playing with less possession than most we played but with jonjo’s passing we could do it and counter with gayle in behind.

    yes his finishing was poor and doubt he will every be a PL striker but if we dont have that running game up front then there will be a change in play needed, less runners for jonjo to hit – cant see rondon running the lines as Gayle did. Perhaps muto will take that role?

    Still think Gayle has something to offer the team though as backup.Would be nice to have a gayle-type who doesnt miss so many though sadly these players are 20+m…

  • jane

    Jul 29, 2018 at 4:41 PM

    Comment #30

    “We need another midfielder can’t see Diame having another season like this again”

    already sorted

    Ki Sung-yueng

  • LGFUAD21

    Jul 29, 2018 at 4:41 PM

    Comment #31

    Muto to me looks like a Gayle replacement. Has some pace, gets into good positions and will chase but not so composed in front of goal.

    I see some sense in Rondon. Cack finisher but he does hold up the ball well. Is relatively mobile for a lad of his size and I think he can play back to goal which we don’t have.

    Worrying me that we still do not have goals in the team. And could use more creativity.

    Dream (and that’s all it is)

    Would be a lb, 10, striker and winger.

  • ronaldo aarons

    Jul 29, 2018 at 4:42 PM

    Comment #32

    Geordie Steve @ 2
    Good idea. Use the mitro money to make kenedy permanent. Then we can loan another player from them, batshuayi for example. He’s currently being linked to a loan to Valencia.

  • jane

    Jul 29, 2018 at 4:43 PM

    Comment #33

    “5 year plan?”

    or 10 according to Rafa

  • LGFUAD21

    Jul 29, 2018 at 4:43 PM

    Comment #34

    What I really don’t want to see is Mitro banging then in and us snatching at scraps.

  • Belfast

    Jul 29, 2018 at 4:44 PM

    Comment #35

    Signing Rondon doesn’t fix last seasons glaringly obvious problem at all. We need a bloody goalscorer.

  • Lovem or Hatem

    Jul 29, 2018 at 4:44 PM

    Comment #36

    How about armstrong to do Gayle’s job

  • Lovem or Hatem

    Jul 29, 2018 at 4:47 PM

    Comment #37

    @ Belfast

    Name a proven premier league goalscorer for less than £24 million?

  • welshgeordie9

    Jul 29, 2018 at 4:48 PM

    Comment #38

    Ed haven’t mentioned Charlie Austin for a while.

  • c-dog

    Jul 29, 2018 at 4:50 PM

    Comment #39

    How can Rafa have a 10 year plan when he’s only contracted with us us for one more year making his total time with us at less than 4 years?

  • jane

    Jul 29, 2018 at 4:52 PM

    Comment #40

    not long ago Rafa said he would like to stay 5 or 10 years is all i was referring to.

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