With just two days left in this summer’s transfer window, Newcastle are currently £26M in profit.
Rafa has brought in £42.5M in outgoing transfer fees.
But he has not been allowed to spend anywhere near that amount – if he had, we would have broken even, and Mike wouldn’t have spent a penny of the club’s money in net terms.
The owner has allowed a gross spend of only £16.5M, not counting loan fees and agents’ fees.
If this is the way Mike Ashley will run the club, so he doesn’t even allow a net spend during transfer windows, then Rafa will almost certainly leave the club next summer.
And who can blame him?
It’s all so sad for the supporters.
Lee Charnley and Mike Ashley
|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)|