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Here’s Why Rafa Seems In A Reasonable Position With Transfer Funds Available


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?

Comments welcome.


92 comments so far

  • chicousa

    Jun 29, 2018 at 3:53 PM

    Comment #41

    The “every penny the club generates” trick worked on Rafa once, shame on Ashley. But I seriously doubt Rafa would fall for it a second time! (If he does then shame on him). I would hope Rafa would simply say to the snake: how much do I have – bottom line? If it is enough for Rafa to feel it meets the level of ambition he wants to see, then great!

    1
  • hibbit

    Jun 29, 2018 at 3:57 PM

    Comment #42

    see Charnleys and Coloccini favorite restaurant is closing its doors
    thursday night was spanish night

    https://www.chroniclelive.co.uk/business/business-news/loch-fyne-gosforth-close-doors-14842525

    0
  • outsidethebox

    Jun 29, 2018 at 4:00 PM

    Comment #43

    cyprus …interesting report….my concern is that toon are unable to increase commercial/sponsorship as cashley is quite happy to get sd adverts free which benefit his other company to the detriment of the toon coffers….if he so wished he could like man city emirates pour money into club thru sponsorship …but it makes no difference he gets publicity for sd if toon finish anyplace in premier imho…

    2
  • Toon_Tom

    Jun 29, 2018 at 4:05 PM

    Comment #44

    Cabaye on a free this weekend??

    Bring the dreamboat home!

    1
  • GeordieTwo

    Jun 29, 2018 at 4:32 PM

    Comment #45

    There are no actual facts in the article. We don’t know what if any money Ashley will give Rafa. We don’t know how much we will get or which players will be sold. We don’t know how the buying clubs will pay. In other words we have no clue as to how much money Rafa will get as a transfer kitty. And Rafa doesn’t make the deals anyway. The only assumption I would make is that we won’t have much money to spend and we won’t spend very much so Rafa will either have to accomplish miracles each season or finish his contract and leave or leave straight away.

    0
  • GeordieTwo

    Jun 29, 2018 at 4:33 PM

    Comment #46

    In other words the off season is proceeding exactly as Ashley wants it to. No progress, no plan, no hope.

    0
  • Reilly

    Jun 29, 2018 at 4:36 PM

    Comment #47

    Lee Ryder
    @lee_ryder
    #nufc close to announcing second arrival of the summer after Dubravka.

    2
  • Reilly

    Jun 29, 2018 at 4:38 PM

    Comment #48

    Lee Ryder
    Lee Ryder
    @lee_ryder
    ·
    1m
    Ki Sung-yueng, who left Swansea in May, has had a medical at #nufc and if all goes well will be second arrival of the summer on a free transfer. But still no cash bids for anybody else yet. More info to follow as we get it.

    2
  • GeordieTwo

    Jun 29, 2018 at 4:40 PM

    Comment #49

    And I notice there is no talk of a sale anymore. So Ashley thinks we are a stable Prem level club now with no investment and a manager who will get fed up and leave very soon the way things are going? Hmmm.

    1
  • Bladey

    Jun 29, 2018 at 4:42 PM

    Comment #50

    Rafa seems in a resonable position on transfers quote
    What on earth are you on about sell to buy how pathetic is that so it started off as he would have 80 to 100 mil now it is sell to buy
    Most of you I know will be discussing this
    Wake up and see it how it is you are being ripped off as usual
    The same boring deluded bloggers will come on and babble on about we love the toon when is my ticket going to drop through the letter box I will kiss anything black and white even fat ASH if he donned striped boxers
    Nufc again are taken the p@@@ out you and you love it
    Only fans in the epl who never fight back
    I hear you scream but we are Loyal
    No your brain dead
    Bet some of you have put a lieu day in for deadline day
    Rafa please walk away for your own sanity and go manage a professional club
    ASH OUT

    3
  • GeordieTwo

    Jun 29, 2018 at 4:42 PM

    Comment #51

    Ki Seung Yeung on a free? That sounds like wor Ashley’s style. Midfield sorted.

    0
  • lochinvar

    Jun 29, 2018 at 4:43 PM

    Comment #52

    OMG
    1st April ?
    ” You can not be serious”
    I’ll take 4th in the Premiership.
    Come on Mike you know you wanna

    Eyebrows have been raised by an influential survey that ranks Sports Direct above tech titan Apple as a firm “trailblazing in global commerce”.
    In a new index of the world’s top 30 international retailers, Mike Ashley’s sports chain comes fourth.
    It’s beaten by Amazon and the UK’s Boohoo and Asos, but it’s one place higher than Apple.

    2
  • GeordieTwo

    Jun 29, 2018 at 4:45 PM

    Comment #53

    Who is available at the striker position on a free. Expect the announcement very shortly. Wee Jock McPinhead, striker, scorer of 4 goals in 559 appearances has been signed on a free. In Newcastle now for his fitness test. Being paid in kippers and custard.

    2
  • lochinvar

    Jun 29, 2018 at 4:47 PM

    Comment #54

    Ki Seung Yeung on a free ?
    The guy sure knows how to sell merchandise.
    Expect shirt sales in Korea to rocket and revenues increase.
    If North Korea joins the party could we be the first club in the world to see two Illustrious Leaders at SJP ?

    4
  • GeordieTwo

    Jun 29, 2018 at 4:47 PM

    Comment #55

    Hahahahaha. Nobody in North America has even heard of Sports Direct. Or South America. Or Asia. But Sports Direct finishes above Apple? Hahahahaha!!!

    1
  • GeordieTwo

    Jun 29, 2018 at 4:54 PM

    Comment #56

    This is hilarious. Our grand signing of the summer is Ki Seung Yeung. 2 goals and 2 assists in 1870 minutes. Tremendous. Weak in tackling and weak in aerial duels. And yet he’s 6′ 2″ tall. sounds perfect. Hahahaha!!!.

    0
  • Nostradamus the Geordie

    Jun 29, 2018 at 4:56 PM

    Comment #57

    Ki Seung Yeung is cover for Merino, good business. So Stoke want Gayle and Matt Ritchie, ok lets look at that possible transfer. A little while ago we wanted Pieters who would be good cover for Mbemba, also rumored that Rafa was looking at Giannelli Imbula also from Stoke. So surely as this transfer window looks like shite at the moment would that not be good business swap deal for two players plus cash to Newcastle?

    0
  • GeordieTwo

    Jun 29, 2018 at 4:59 PM

    Comment #58

    This just in. Ki Seung Yeung’s national team partner Long Duk Dong is now also interested in coming to Newcastle. He is naturally on a free. The news just keeps getting better and better. It’s probably just paper talk anyway. And there was me thinking we weren’t going to sign anybody.

    0
  • Rotonda heights

    Jun 29, 2018 at 5:00 PM

    Comment #59

    lochinvar

    Have been amazed given ash’s business that shirt sales in the far East haven’t been targeted a long time ago. As it goes Ki Seung Yeung is a very tidy player.

    1
  • GeordieTwo

    Jun 29, 2018 at 5:04 PM

    Comment #60

    You’ve got it exactly right Bladey. A sucker is born every minute as they say. Full ground, happy owner, terrible team. Another relegation is right round the corner once Rafa walks.

    0
  • GeordieTwo

    Jun 29, 2018 at 5:06 PM

    Comment #61

    But is he any better than Merino with Rafa to teach him and given the age difference? It’s all about money if it happens. Merino out for 10M euros or so and Seung Yeung in on a free.

    0
  • GeordieTwo

    Jun 29, 2018 at 5:08 PM

    Comment #62

    Where’s the ambition for the club? I guess I don’t have to ask. There isn’t any. It’s strictly about doing good business for Ashley. He’ll walk when the bottom drops out and not before.

    0
  • bettyswallocks

    Jun 29, 2018 at 5:09 PM

    Comment #63

    Some shit flying aboot now with this transfer situation.

    Hu flung Pu is being touted.

    3
  • GeordieTwo

    Jun 29, 2018 at 5:14 PM

    Comment #64

    The tenth place finish is actually quite a dangerous thing. We finish mid table, Ashley thinks “oh this is fine, I won’t have to spend much, and I’ll put the price of the club up.” But how many points avove 18th did we finish? 11 points. That’s not a huge difference. We need 3 or 4 seasons of strong building. That’s not going to happen with Ashley. He’s going to piddle around and bluff his way through the summer, hoping Rafa signs a contract extension and stays to save his skin season after season. No thanks.

    0
  • ronaldo aarons

    Jun 29, 2018 at 5:16 PM

    Comment #65

    KSY is a decent player but underwhelming really. I don’t see him as challenging either diame and shelvey and is similar to manquillo at full back, just good for cover. His strengths are interceptions and passing for me, actually his passing range is very good. Difficult to say if he is a merino replacement as despite merino lacking a spine, he was great putting the tackles in. Would be interested to see what is wages are? Badelj is on a free and reportedly isn’t too high on wages, would be my option.

    Interestingly, KSY is 29. I guess Rafa has his ‘Ki’ signing……

    1
  • RobLeenio

    Jun 29, 2018 at 5:16 PM

    Comment #66

    Ki Sung Yueng? Really?

    0
  • ronaldo aarons

    Jun 29, 2018 at 5:17 PM

    Comment #67

    Also, I’m pretty sure he’s had a loan spell at Sunderland??

    1
  • RobLeenio

    Jun 29, 2018 at 5:18 PM

    Comment #68

    I mean, sure, I’ll welcome him with open arms at this point and hope he can do a job for us, but he’s not one to get the heart beating fast in anticipation of great things to come.

    0
  • GeordieTwo

    Jun 29, 2018 at 5:18 PM

    Comment #69

    Well said bettys. More bollocks from a ridiculous owner if it’s true at all.

    2
  • GeordieTwo

    Jun 29, 2018 at 5:19 PM

    Comment #70

    Yes, he did have a loan spell at Sunderland. Nothing special there either. He’s just so-so at best.

    0
  • GeordieTwo

    Jun 29, 2018 at 5:21 PM

    Comment #71

    We specialize in underwhelming Ronaldo. I don’t know how Rafa can stand it. And having to deal with that buffoon Charnley on a daily basis?

    0
  • Rotonda heights

    Jun 29, 2018 at 5:21 PM

    Comment #72

    I think mitro’s last performance spoke volumes and rafa’s no mug.

    Personally think Ki could be an inspired signing. Was great against Germany, has bags of experience and is the Korean Xavi, superb passer.

    1
  • ronaldo aarons

    Jun 29, 2018 at 5:22 PM

    Comment #73

    I’d much prefer ki to sturaro though, no question about that. Still feel we need another midfield addition, strong and committed to push diame. Felt Hayden was lacking last season.

    2
  • GeordieTwo

    Jun 29, 2018 at 5:24 PM

    Comment #74

    Apparently players in their late 20’s (very late in this case) are acceptable when on a free. It’s not exactly the next Cabaye signing is it?

    0
  • GeordieTwo

    Jun 29, 2018 at 5:26 PM

    Comment #75

    I would just point out again that he had 2 assists in 1870 minutes last season. I thought he could pass the ball but they couldn’t have been killer passes very often. I don’t think he improves us at all. Weak tackler.

    0
  • jazzyp

    Jun 29, 2018 at 5:26 PM

    Comment #76

    Not a bad player for free but fail to see how this lad will touch the first 11.Really underwhelmed if I’m honest and agree ..Just another Manquilo signing

    2
  • GeordieTwo

    Jun 29, 2018 at 5:27 PM

    Comment #77

    Hayden became a bit of a disappointment but in fairness he didn’t get to play enough. We have too many of those type of players already. Bringing in more on frees won’t improve us.

    1
  • GeordieTwo

    Jun 29, 2018 at 5:28 PM

    Comment #78

    Sales going out. Frees coming in. It makes perfect sense to Ashley.

    0
  • martoon

    Jun 29, 2018 at 5:29 PM

    Comment #79

    Am I the only one who thinks this is not a bad bit of business? Good cover for midfield and better than Hayden in my opinion. The main thing is nobody saw this coming so hopefully there are some other incomings that we know nothing about!

    4
  • jazzyp

    Jun 29, 2018 at 5:30 PM

    Comment #80

    Ki Sung-yueng is a South Korean professional footballer who plays as a central midfielder and serves as captain of the South Korea national team. Ki is known for his vision, technique, long-range passing and shooting, along with his good set-pieces.
    But in reality is a poor man’s Shelvey and yet another Squad player

    0

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