It should go without saying that if a Premier League club makes a profit during a transfer window then there’s something wrong. However, that could be the case with Newcastle United this summer. The club looks to be close to breaking even at the moment but then there’s the sale of Aleksandar Mitrovic which will likely bring the club around £20 million.
Muto deal makes #nufc spending look like this:
OUT – £20m
IN – £17.5m
And still the Mitro money (£18m) likely to come in.
— NUFC 360 (@NUFC360) July 27, 2018
Despite the fact that Newcastle seem to be taking up a ‘sell to buy’ approach to this summer, the fans don’t understand where all of the Premier League TV money seems to have gone. Every club receives a huge sum of money for retaining their Premier League status or for getting promoted to the league and so far The Magpies are being outspent by a whole host of smaller clubs.
All Southampton, West Ham, Wolves and Fulham have all comfortably outspent the Geordies and it’s not surprising to see that the fans aren’t happy with that considering that last season saw Newcastle finish higher than all of those clubs with a spectacular 10th place finish. If the Magpies are to retain or better than 10th placed this season it will only be because of Rafa Benitez’s abilities as a coach, seeing as Mike Ashley’s lack of spending is getting them nowhere.
You can read the fans’ verdict on their spending here:
Mr @sportsdirectuk strikes again. If he is cheap with his customers..
— Toon Man US (@us_toon) July 27, 2018
Rafa will get about £2m of that £18m
— Robert Brown (@rbrown172) July 27, 2018
So tv money remains untouched…bravo
— psychadelic Audiophile (@northeast1980) July 27, 2018
ive got a bad feeling about about the mitro situ, think it may be doomed for the sake of 2 mill
— wayne sharples (@toonbarmy1969) July 27, 2018
No team in the premier league should finish with profit in the transfer window if they’re trying to progress pic.twitter.com/MJYeXgGyg0
— Ryan Osborne (@RyanOsborne9) July 27, 2018
You haven’t included Kenedy’s loan fee or Ki’s singing on fee. With those added, it’s about equal amounts in and out.
— Dan Snowden (@DanSnowden) July 27, 2018
this could end an epic week, if we swap gayle plus cash for rondon, not sure if we could offload hayden and get a replacement in time though
— jimmy kelly (@xskye69x) July 27, 2018
As you can see, there’s a lot of uncertainty from the fans ahead of the last couple of weeks of the transfer window.