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The Athletic deal sheet. 

 

“I know we hate the term ‘PSR’, but it’s what we have to work to,” Darren Eales, the CEO, said this month. “It’s unforgiving for us. We’re walking on a tightrope.”

 

Supporters may be sick of hearing about the constraints of PSR, but Newcastle’s executive team keep stressing how much their strategy is being governed by the financial rules, given they still cannot rival elite clubs for income. The owners insist they are committed to spending the maximum permitted under the rules — club sources point to the recent £35m investment via a share issue — but they are hamstrung in the short-to-medium term by their revenue.

 

Wages are a constant in the PSR calculation and, following pay rises for Gordon and Joelinton and with no high earners moved out, Newcastle must balance their cost base.

 

Mercifully, Newcastle are not in the perilous position of last June but outgoings are required — Newcastle lost £73.4m across 2022-23, which still features in the three-year rolling calculation. Selling fringe players, such as Almiron, should suffice this time.

 

If Newcastle do any significant business in January, further outgoings may be required before June 30.

 

Supporters point to Newcastle’s willingness to spend £50m or more on Guehi during the summer as evidence of a large transfer budget. Theoretically, they do have the capacity to invest, but any money spent almost certainly needs to be offset — and that would have been the case had Guehi signed.

 

It is in Newcastle’s interest to plead poverty but every indication is that PSR remains a genuine restraint. That, allied with the club’s viewpoint that summer windows represent better value, means they will be far busier in the off-season than in January.

 

It's going to a long January

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What we can’t do is be in a position where we need to sell someone in the summer. Going into it we need to be the ones who hold all the cards, not like last summer where clubs could take advantage. If we have to sell a big name, at least let us be the ones dictating terms.

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1 minute ago, SUPERTOON said:

What we can’t do is be in a position where we need to sell someone in the summer. Going into it we need to be the ones who hold all the cards, not like last summer where clubs could take advantage. If we have to sell a big name, at least let us be the ones dictating terms.

Funny you say that but if the athletic Are to be believed that was indeed our plan. Or else how could we have signed Guehi/Olise. 

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Just now, r0cafella said:

Funny you say that but if the athletic Are to be believed that was indeed our plan. Or else how could we have signed Guehi/Olise. 

Yeah it’s the wrong way to go about it imo, of course bringing in extra revenue via sponsors would help, but I’ve given up on us doing that tbh.

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Just now, SUPERTOON said:

Yeah it’s the wrong way to go about it imo, of course bringing in extra revenue via sponsors would help, but I’ve given up on us doing that tbh.

I'm ok with it, as long as we do not sell Isak. 

 

Im assuming and this is a massive assumption that we haven't signed certain deals because we don't want the value to be tagged to a low number due to APT rules. 

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1 minute ago, r0cafella said:

I'm ok with it, as long as we do not sell Isak. 

 

Im assuming and this is a massive assumption that we haven't signed certain deals because we don't want the value to be tagged to a low number due to APT rules. 

Maybe, surely we could sign deals now and change them if the rules are changed ? Obviously a very simplistic way of looking at it mind.

 

I also don’t mind if we have to sell someone, however I just think to get maximum value we would need to not be desperate to sell like last summer. Fwiw I think we will sell Barnes and that may give us enough to keep the others.

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1 minute ago, SUPERTOON said:

Maybe, surely we could sign deals now and change them if the rules are changed ? Obviously a very simplistic way of looking at it mind.

 

I also don’t mind if we have to sell someone, however I just think to get maximum value we would need to not be desperate to sell like last summer. Fwiw I think we will sell Barnes and that may give us enough to keep the others.

I think if we say anchor ourselves to a certain amount for say training ground sponsorship it will be difficult to argue it being worth say double the next time round. 

 

I think it's quite clear these rules will be staying in one form or another, despite our disdain and the odd media howl most of the league love these rules. 

 

im not sure on Barnes, I don't see us not losing money on him if I'm honest. Who can pay what we paid for him ?

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4 minutes ago, r0cafella said:

I think if we say anchor ourselves to a certain amount for say training ground sponsorship it will be difficult to argue it being worth say double the next time round. 

 

I think it's quite clear these rules will be staying in one form or another, despite our disdain and the odd media howl most of the league love these rules. 

 

im not sure on Barnes, I don't see us not losing money on him if I'm honest. Who can pay what we paid for him ?

On Barnes, I think someone would just based of some of the deals we have seen. Despite his limitations, he’s a goal scoring winger, you look at the likes of Andersen going to Fulham for big money so I think it’s definitely possible. 

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1 minute ago, SUPERTOON said:

On Barnes, I think someone would just based of some of the deals we have seen. Despite his limitations, he’s a goal scoring winger, you look at the likes of Andersen going to Fulham for big money so I think it’s definitely possible. 

Yeah I hear you and see that. To be honest that Andersen deal feels more like an outlier these days than the rule. Most clubs have an eye on resale value. 

 

Let's see how it plays out, will be interesting either way 

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Just now, Keegans Export said:

If I was a PL team in need of a left winger, Barnes would be very high up on my list.

 

Let's face it, if we didn't have Gordon, Barnes would be starting every game for us without question.

Not sure about this. He's probably not quite what the top 6 are looking for and then can those below that afford his fee?

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Think it should be Dub moved on for a nominal fee, Trippier £0 and Almiron for any fee above £5m and that’s us ok.

 

And if we want to make a significant signing in January, it’s sell Barnes. Be proper short term (and dumb) of us to sign someone in January knowing we need to sell before end of June, and the buyers not there because they know the crack. 
 

A loan with option to buy feels a best placed moved in January, which means Barnes can stay, and if we can sell him end of season it allows it to be triggered. If not, it doesn’t impact us, but means paying slightly more to make it permanent in next years accounts.
 

Modern day football :shak:

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21 minutes ago, r0cafella said:

Not sure about this. He's probably not quite what the top 6 are looking for and then can those below that afford his fee?

 

£40 million?! Yes, absolutely!

 

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1 minute ago, KaKa said:

 

Villa, Brentford, Fulham, Bournemouth, West Ham.

Villa no. 

Brentford no. 

Fulham. Unlikely imo they spent a stack this summer. 

Bournemouth maybe?

West ham also spent this summer and aren't really playing for anything this season. 

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Just now, r0cafella said:

Villa no. 

Brentford no. 

Fulham. Unlikely imo they spent a stack this summer. 

Bournemouth maybe?

West ham also spent this summer and aren't really playing for anything this season. 

 

No for the first two based on what exactly?

 

And for Fulham and West Ham what makes you think they have no more room to spend?

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Just now, KaKa said:

 

No for the first two based on what exactly?

 

And for Fulham and West Ham what makes you think they have no more room to spend?

Villa do not need him also have ffp issues. And he doesn't for Brentfords profile he is expensive fee wise as well as on a decent wage. 

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2 minutes ago, r0cafella said:

Villa do not need him also have ffp issues. And he doesn't for Brentfords profile he is expensive fee wise as well as on a decent wage. 

 

Villa were apparently looking at him around the time we signed him. They currently use McGinn and Ramsey on that side. I could see them signing Barnes. They don't really have a left winger, which is one of their issues.

 

Brentford are comfortably established in the Prem now. They spent £30 million on an unproven Brazilian striker from Belgium this past summer. Barnes is on around the same as what they pay Aaron Hickey from what I can see, so not beyond the realms of possibility.

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Just now, KaKa said:

 

Villa were apparently looking at him around the time we signed him. They currently use McGinn and Ramsey on that side. I could see them signing Barnes. They don't really have a left winger, which is one of their issues.

 

Brentford are comfortably established in the Prem now. They spent £30 million on an unproven Brazilian striker from Belgium this past summer. Barnes is on around the same as what they pay Aaron Hickey from what I can see, so not beyond the realms of possibility.

Villa have Ramsay Mcginn Buendia Bailey and Rodgers I think they have enough personally also they are in ffp hell with us :lol:

 

as for Brentford the package would crazy expensive for them established or not. I really don't see a world where they buy him but I could be wrong obviously. 

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1 minute ago, r0cafella said:

Villa have Ramsay Mcginn Buendia Bailey and Rodgers I think they have enough personally also they are in ffp hell with us :lol:

 

as for Brentford the package would crazy expensive for them established or not. I really don't see a world where they buy him but I could be wrong obviously. 

 

Rogers plays just behind Watkins. None of those others are really left wingers, and none have had close to the production Barnes has had down that side.

 

I think you underestimate what Barnes has been able to contribute in goals and assists in the Premier league, even when he was at Leicester.

 

If we make him available we'll see. I'm certain there will be interest. Perhaps some of the clubs even battling to stay up would see him as a big signing that gets them over the line.

 

Time will tell.

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Could see Fulham or West Ham being interested in him. Don't think Villa, Bournemouth or Brentford (unless they sell one of or don't think its worthwhile to continue betting on Schade and Lewis-Potter to come good) would be interested or needing him.

 

That being said, I want us to have a squad with competition for places, so ideally he'll stay here. 

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