The Daily Star are reporting that Newcastle’s transfer budget this summer will top £100m, which if spent in total would easily be the highest spent in any transfer window by the club.
How the Daily Star come to this amount is not as straightforward as the title of the article suggests. Basically they are reporting that the transfer budget is £60m plus the £30m from the sale of Ayoze Perez. But that only amounts to £90m you might be asking.
Well, I’ll leave it to Ian Murtagh of the Daily Star to fill you in on the rest of it:
Newcastle sources insist the cash raised from Perez’ imminent move to the Foxes will be added to the £60m already promised to Rafa Benitez before his own departure earlier this week.
And with wantaway Isaac Hayden keen to quit St James’ Park for personal reasons and unlikely to leave for less than £15m, Benitez’ replacement will have a budget for the season running into nine figures.
As you can see, Murtagh is adding player sales to this amount and he is including Isaac Hayden in that equation.
It is true that Isaac Hayden will want to leave this summer to be closer to home for personal reasons. Rafa Benitez was sympathetic to Isaac and was seemingly resigned to his departure this summer.
However, we’ll have to see what happens under the new manager. Though we would expect the club to respect Isaac’s request as it is legitimate and he has acted professionally throughout this season.
Though there is yet to be an offer for Hayden and until one of significant value comes in, Isaac is a Newcastle United player.
Newcastle United Training Centre– where shirts are held and photos are taken
Ian Murtagh also touches on the likely skepticism by fans to this assertion or reinvesting in the squad, as it not very Ashley-esque. Ian Murtagh writes:
That sum will be greeted with plenty of scepticism by a fanbase still reeling from Benitez’ departure, upset at owner Mike Ashley’s running of the club and divided over Perez’ move to a Premier League rival.
He then reasserts him claims of the large transfer budget by referring to sources inside the club. He continues:
But insiders are adamant that Lee Charnley will honour his April pledge that £60m plus every penny raised through sales is to be invested in the team and the new man will be provided with the sort of funds his predecessor could only dream about.
I think Alan Shearer has the appropriate response to this claim.
— Alan Shearer (@alanshearer) July 3, 2019
240 comments so far
Mund
Jul 4, 2019 at 6:41 AM
Comment #41Tom
I think hope went a while ago well definitely for me anyways I for one just want the announcement bad or good put my mind at rest.
I asked yesterday but nobody answered. Could the NDA’s signed by BZG prevent them from giving an announcement?
Tom1664
Jul 4, 2019 at 6:43 AM
Comment #42Mund – you need to sign an NDA before they let you see the financial and other commercially sensitive info as part of due diligence – on that basis it’s not stopped them before.
Tsunki
Jul 4, 2019 at 6:45 AM
Comment #43If all this money was really on offer Rafa would have stayed – oh no, wait – there’s no mention of academy investment! What was I thinking?
Tatforsale Mikey
Jul 4, 2019 at 6:45 AM
Comment #44Mund
Unfortunately it’s not looking good for a takeover seems to have dragged on and on.. but that’s the way this Regime works
c-dog
Jul 4, 2019 at 6:49 AM
Comment #45100 million
Horse shit
Mund
Jul 4, 2019 at 6:50 AM
Comment #46Tom
Staveley or Kenyon didn’t make any statement I know they weren’t as far down the line as apparently BZG are I think if I remember back Staveley’s camp said something along the lines of still being interested etc etc I could be wrong tho
With all hope that’s gone it’s hard to believe anything anymore about anything
Mund
Jul 4, 2019 at 6:53 AM
Comment #47Mikey
Aye mate I believe the takeover is dead as well I just want to be put out of my misery with an update good or bad.
I also want to know why it’s failed what’s happened since the confident statements?
Shoulders knees
Jul 4, 2019 at 6:58 AM
Comment #48New man will probably but 2 c/h and have the hos leading the line. 85 million won’t get us a.enough players to fill the gaps in the first 11 😉
Captain AmeriMag
Jul 4, 2019 at 7:01 AM
Comment #49Takeover announcement today or tomorrow.
I’m still sure
Shoulders knees
Jul 4, 2019 at 7:04 AM
Comment #50For but it should’ve read but 🙁
Tatforsale Mikey
Jul 4, 2019 at 7:04 AM
Comment #51Mund
I know mate feel the same just want some sort of closure now. Its doing my head in. And I’m doing the wife and kids heads in I’ve had a belly full now
Mund
Jul 4, 2019 at 7:05 AM
Comment #52Captain Amerimag
I need some of your positivity my friend
Shoulders knees
Jul 4, 2019 at 7:05 AM
Comment #53Give up buy FTS!
one fine day
Jul 4, 2019 at 7:09 AM
Comment #54This 100 million is just more PR.
It was (and very likely ) 50 million (they haven’t mentioned over 2 windows either)
Add on Perez and Hayden and you have your 100 million.
Really no improvement on what we were hearing rafa was being offered back in may .pretty pathetic when we are Now meant to be getting the big premier bucks for the 3rd year in a row .
And as Tsunki has said there is zero about sorting out the crumbling infra structure and academy ,other than 40 litres of dulux .
Even with that i would have accepted with rafa on board as you always felt he could make it work ,but giving this to which ever out of work stooge we are lumbered with just fills me with dread.
100 million wont go far even if they had any intention of blowing that much and then try and convince players to come here in the current climate ,other than a return to the stepping stone days of carr n co
Mund
Jul 4, 2019 at 7:10 AM
Comment #55Mikey
Same mate my wife wants an announcement more than I do not for herself she hates football but because like most of your gf’s or wives they just want to see the pain stop and see that smile back on my face. For years I took all Newcastle related bad news really bad was a nightmare to be around figured I couldn’t be like that anymore not fair on the kids or missus. So I did reign it in didn’t let it control my life but bang after this summer I’m back in that despair.
DavidKelly9
Jul 4, 2019 at 7:12 AM
Comment #56Got excited when statements came out but was not long after that was back down to earth knowing this was another of mikes little games as long as we are in the premier league and fans still attend games he is here to stay
one fine day
Jul 4, 2019 at 7:14 AM
Comment #57Think the reason they are pushing season tickets so hard can tell us something .
if they are sold would they give a hoot ?
And if 30 million is agreed for perez is that (in the unlikely event of a sale) does that go to ash or the new owners?
Its like buying out a restaurant but finding the 50 k induction stove is awol .
We really need last nights “professional accountant ” to reappear and run his eyes over all this 🙂
Shoulders knees
Jul 4, 2019 at 7:15 AM
Comment #58Off
You can’t polish a turd so 40 litres wouldn’t help;-)
Do you really think new mug will get that much?
Perez will be instalments then add in players wages they will want a fair wedge to come here now .
So likely £50 mill kitty at most, though they will spin it as 100 🙂
Mund
Jul 4, 2019 at 7:15 AM
Comment #59Davidkelly
Sad but most definitely true
MarkBro
Jul 4, 2019 at 7:17 AM
Comment #60Takeover was never happening.
If you dug deep enough im sure youd find a link between PCP, BZG and Kenyon. Mikes probably selling them cheap clobber for a boost of their name in the papers.
100mil… take off players fees, agent fees, ashleys helicopter rides, pie allowance, sd sign cleaned etc we’re left with enough to buy a new Joselu
c-dog
Jul 4, 2019 at 7:18 AM
Comment #61Toon22 said all along
He had no intention of selling
Looks to be bang on the money
one fine day
Jul 4, 2019 at 7:19 AM
Comment #62Mund/ david kelly
same
5 weeks ago i was bouncing around thinking of us smashing around europe in a few years with somewhere approaching man city”s level …now i am worried about an away game at f@cking norwich
NUFC… the gift that keeps on giving
Just hope something is confirmed either way before the weekend from the buyers end as i know we have no chance of hearing anything from ashley
MarkBro
Jul 4, 2019 at 7:21 AM
Comment #63Mike really made it look good. A real professional job by his man barnes.
Closing of companies, BZG statements, sd sign removals. He even referenced a takeover when Rafa left.
Had the fans doing backflips while players, Charnley and Mike just cracked on oblivious to the hype they accidentally created.
Hats off to him for this one…
Jib
Jul 4, 2019 at 7:22 AM
Comment #64Happy Independence Day to all de damned Yanquis on de blog
MarkBro
Jul 4, 2019 at 7:26 AM
Comment #65Tbf only the online world believed a takeover was on. 95% of my mates would laugh at you with a look of “are you mental ”
It definitely gets whipped into a frenzy with ppl mentioning helicopters, planes, MD’s on whatapp and some in the know with reliable sources ??
Toon222
Jul 4, 2019 at 7:27 AM
Comment #66Another lie, even if true thats only 3 perezs, to replace: perez, rondon, hayden, diame and possibly Longstaff, 100million alot of money when a decent player was 8 -15m, not when ur average joe bloggs is 25m
Mike ashley is making a mug of us
100m is our tv money and should b spent every season just bolstering the squad, and that without selling our top players
Wake up people, dont b made mugs off
welshy14
Jul 4, 2019 at 7:29 AM
Comment #67perez still hasn’t moved joselu still hasn’t moved no approach for a manager. if perez doesnt move today a will take that as abit if good news regarding the takeover. if he was in Leicester before fee was agreed he would of already knew salary and why has he not started the medical
Jib
Jul 4, 2019 at 7:38 AM
Comment #68The boys back at Benton at 10 am
Normally there would have been a presser
from Rafa at lunchtime.
Interesting to see if anyone will talk for the club
today.
Not holding my breath
c-dog
Jul 4, 2019 at 7:47 AM
Comment #69The leftovers are back in Benton
DubaiMicky
Jul 4, 2019 at 7:48 AM
Comment #70So,to summarise, we now have:-
No recognised strike force
No manager
No coaching staff
No owner, well not one that behaves like an owner
And sadly now
No hope
So when will the Premier League step in?
Dubs Left Glove
Jul 4, 2019 at 7:48 AM
Comment #71Another day of plane watch i guess, the N9895 that landed in NCL is scheduled to fly to Luton Airport this afternoon.
https://uk.flightaware.com/live/flight/N9895
Shoulders knees
Jul 4, 2019 at 7:51 AM
Comment #72Dubai
They won’t , when laid out like that the sheer arrogance of the tapeworm,
Who would pay their hard earned to him ?
toon kk
Jul 4, 2019 at 7:51 AM
Comment #73As far as the potential 50mil transfer kitty goes its going to take at least 50 mil just to stand still by replacing Perez and buying Rondon.
We’re going to struggle next season that’s for sure.
MarkBro
Jul 4, 2019 at 7:52 AM
Comment #74@
Shoulders knees
50k fans probably
Diddly
Jul 4, 2019 at 7:53 AM
Comment #75Joselu still hear I’m still with captainamerimag.without hope we have nowt. 24 more hours of hope is better than 24 of dispair.
CJ
Jul 4, 2019 at 7:53 AM
Comment #76Just for information the plane which came in from Abu Dhabi yesterday is scheduled to leave Newcastle at 3:30 for London.
3 Possibilities
1. Announcement sometime this morning with new owners meeting players
2. Meeting in London for final sign off on deal
3. Nothing to do with the takeover
one fine day
Jul 4, 2019 at 7:55 AM
Comment #77CJ
NUMBER 3 i think sadly
Jib
Jul 4, 2019 at 7:56 AM
Comment #78Rumours that Isaac Hayden is off to Wolves
Surely if he wants to be near his daughter
who needs access to Portland Hospital a
London (or near) club is what is required.
If he accepts a drop into the CShip there’s loads
Millwall Fulham QPR Reading Luton Charlton Brentford
Dubs Left Glove
Jul 4, 2019 at 7:57 AM
Comment #79So correct me if i am wrong but season ticket deadline was last night? as per the site –
The guaranteed season tickets renewal period has now closed for the 2018/19 season, as of 7pm on July 3rd.
c-dog
Jul 4, 2019 at 7:57 AM
Comment #80toon kk
Unfortunately many can’t see this.
We’ll sign unproven youngsters from lesser leagues as well. With our current squad we would compete for the record low premier league points tally.