As well as Rafa Benitez and Lee Charnley bringing players into the club this summer, many players will leave and quite a few of those for transfer fees.
Those transfer fees are essential because Rafa can then spend that money on new arrivals at the club.
So it’s good news today that Porto are reported to have finally agreed a fee for Newcastle defender Chancel Mbemba.
Good news – Newcastle agree a €8M deal with Porto for Chancel Mbemba
Newcastle wanted to recover the £8M they paid Anderlecht for him three years ago.
It seems we have agreed a fee of £7M with Porto to let the impressive defender leave the club for a massive opportunity in Portugal.
O Jogo has a front-page story out today on the deal having been done – Porto wanted to pay €7M and Newcastle wanted €9M so guess what – yes they cut the difference and settled for €8M.
That’s a quick and easy way to reach an agreement and prevent things from being in limbo for weeks and sometimes months.
It’s called getting the job done.
€8M is precisely £7M in today’s exchange rate.
O Jogo have a story out on the deal having been done and dusted and should be announced in the next day or two.
And it’s an excellent career move for the likable and talented Chancel Mbmeba.
And it’s good news that Newcastle are starting to get some deals agreed – outgoing as well as incoming.
Let’s keep it up.