The Telegraph's take on our transfer dealings and the infamous £35m

It's all smoke and mirrors.... We are in a new financial year now so don't expect any of the Carroll money to be left now as it will be all self generating from now on so with Enrique (6m) and Barton (3m) going...we should just about be able to scrape a half decent centre forward....
Just wait until our 10/11 accounts are available..... You'll see whatbI mean...

 

BOLLOCKS, SIMPLE- since transfers began their was additional costs involved so it takes the biscuits when we have spent peanuts and all they bang on about is extra costs.
I also hope we don't stop buying after we have got another centre forward as the squad still needs to be strenghtened.

 

Personally, if we only get Erdinc and Naylor, and another youth player or two (like Abeid) I'll be fairly pleased. As long as the money is at least invested somewhere, like the under-soil heating and on new contracts for Jose, Barton etc., I'll be fine with Ashley.

 

Of course Ashley is only in it for himself. Anyone that doubts that needs a severe headcheck. And I completely agree about the wages going out. 100%. As I said earlier, over his 5-year contract I believe Carroll would have clocked up nearly £9 million in wages. Where's that going? To pay off debts. I wouldn't mind if Ashley came out and said that, but the way he does it on the sly annoys me.

People just want to see it secured and the team do well. As the saying goes, speculate to accumulate. You will only get so far unless you spend a bit. Whether it's on two gambles, or - as most people would prefer I think - on 6 Tiote's.

 

To be honest, I never thought the money would be spent all on transfers, but I'm glad it is going to training ground and facilities. This will mean that it will feel like a top club to any new players coming in, and will make the club a much easier sell when players come to have a look round.

I'm not saying I don't want the money to be spent on transfers, but I can see the logic in what they are doing.

 

The idea that because Carroll has gone that there is a random £9 million sitting around unused is just stupid, the wages are paid out of annual revenue, as these mostly exceed the revenue achieved and there are a large number of other costs to be paid MA has over the previous seasons had to put money into the club as the owner in order to balance the income against expenditure. Also the club has to pay the PAYE contributions of the players and as any employer the additional NI contribution, for a player on £60k a week this would be just short of £430000 additional cost in this tax year along with losing 20% of all revenue through VAT which has to be paid, so 20% of all tickets, merchandise etc goes to the government.

 

Yes there is the Carroll/Nolan money and wages saved which should be invested into he squad (not club). All the other money should be used for training ground improvements etc. Also forgetting about the Carroll/Nolan money, Ashley should have given the yearly investment for transfer fees and we should be spending that + player sales (Carroll/Nolan money) on buying players. Yet I'm hearing about the player sales money but so far nothing on the yearly investment from the owner. Fair play to Ashley on trying to sort the clubs finance out but he should be investing his own money towards paying off debts (which he is doing) and yearly transfer funds (which he isn't doing).

 

This is all very true and well said.

We seem to be forgetting that in order to meet the Fairplay break even regs we actually need to lower our overall wage expense so it is not accurate to say that we can fund the wages of new signings with the wages of the departed. We actually need to lose some of the wages as well.

It is also going to be in the club's interest to pay off the debts to MA as well as under the fairplay rules we will have to start adding a fair price interest charge onto our expenses when doing the break even calculation. Fail that and we can't qualify for europe no matter how well our team does on the pitch.

The days of recklessly spending large sums on players is over and we have to accept that. We now have to look for good value for money from our signings because the impact each signing has on our profit and loss account and the break even calculation has to be weighed so that we get the best results we can from a player for the lowest possible cost.

I am sure that a lot of the frustration being felt by our fans is because, with the exception of Arsenal, none of the other clubs in the premier league appear to be taking the financial issues as seriously as our club. But I feel very strongly that the cautious approach being taken by our club is the correct way forward and is in no way a betrayal of the fans.

 

Think the thing about January is important what if we have a injury crisis and need to bring in someone. But weve used all the money what do we do then

 

I'm not gonna lie I only know a vague bit about PAYE and NI contributions, but surely if we sign a player on the same length contract as Carroll but he's on lower wages (let's say for arguments' sake we've signed Neil Taylor on £10k a week on the same length), surely that's £6,500,000 (or something along those lines) that we will no longer pay out (or £1,300,000 a year). I don't mind where that money goes, as long as we are told

 

If we spend he money on about 6 players and achieve squad depth (buying players without selling other players, therefore having more than enough players to play every position) then we will be able to cope with an injury/suspension crisis at any point

 

i,m expecting jose to go for about 10-12 million at least, which will be on the eve of the transfer window and leaving no time for us to re-invest it (despite pardew saying we have a stand-by plan) does this sound familiar to anyone?????

 

This has been done to death and is now becoming boring!! its the same people moaning about the same things!!

Surely at the end of the day, the most important thing is the position the squad is in in terms of quantity and quality!!

As long as that is looking good, it shouldn't matter how much we have actually spent!! Profit can be a good thing you know!!

 

Not really, The carroll thing genuinly was lastminute!! we have been anticipating jose doing a shoot for a long time!! So this time i expect a back-up, whereas any business done in january would have ben a panic buy.

 

"You're no better than the people that built this place"

 

I believe it has also been said that the wages of the entire length of Tiote's contract have also been taken out of the £35m and it would be the same if Enrique and Barton sign new contracts. I think that is an excuse for not spending money because it isn't paid upfront like transfer fees.

 

The bloke is a cock. This regime lie, lie again, and then lie again for good measure. They take risks with the club they shouldn't and generally show our fans no respect whatsoever. But the reality is its his club and he can do as he pleases. If that involves lying to fans about what they can expect in the next transfer window following the sale of their most potent weapon, then so be it. He doesn't care and to be honest it's high time people got over this and just accept that we can't change anything. I'd take a new owner in a heartbeat but the one good thing is that part of the process of him getting out with the cash he wants to, involves our house being put in much better order.

I do disagree strongly with some of the things on here regarding finances, making profits etc. However I can't be bothered to re-enter a debate on Newcastles finances again as it's been done to death, and the one thing that becomes very apparant is nobody knows the full story and is guessing for the most part.

Of course it's a shame that we have the owners we have, we're now a selling club, and he/they treat us like idiots. I'm sure they all have a sit round and have a right good laugh that they've rode out another storm with lies. But did anybody expect different, expect the 35m to be spent on the team as promised, expect them not be lying? If you did it's time to wake up and smell the coffee which has been brewing since he arrived. My view we just get on and support the team inspite of our horrific owners, getting behind whichever player pulls on the shirt regardless of their ability.

There is one thing that has upset me massively. this threat of Shola getting the number 9. If that happens, it's clear Pardew has learnt very little about the fans thoughts since his arrival. Bad enough we're having another Ameobi inflicted on us next year.

 

People are looking at this like one in one out. Ashley is trying to make the club make profit. He is trying to reduce the overheads of the club. Aswell as improve the structure like scouting system and undersoil heating. I do believe the 35 million will be put back into the club. Some people tend to assume a considerable amount and start hating him. At the end of the day he is the owner and he is trying to build us to be a profitable club. In the long run it will make us only superior to what we are now.

As for the money spent/being spent it shouldn't matter on the amount of ££, the quality of player brought in is what we should be looking at. For whom we have brought in is bloody good so far. Its obvious to me we are trying to buy quality players for cheap and really assess them before we offer. We dont want another Boumsong/Luque buy surely...