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The stink that still lingers at Newcastle and the significant challenge facing Saudi owners

The stink that still lingers at Newcastle and the significant challenge facing Saudi owners

I get it – you can’t help but be frustrated with Newcastle United’s lack of first team signings this summer transfer window. I’m sure everyone is frustrated: the fans, the manager, the owners, local journalists and the players, especially since everyone wants the same thing: on-pitch success for Newcastle United.

What makes the frustration unique for us is the 14-year waking nightmare that was the Ashley era. As a fanbase we were conditioned for certain actions to appear during transfer windows: ‘we tried but we just couldn’t get them over the line’, make derisory offers that get rejected and claim we tried, or sell the crown jewels [Carroll, Cabaye] and not replace them. This is why we balk when the current incumbents appear to do similar.

Everything about United stagnated during that era, and it stank like scum on week-old rainwater in a pothole that smashes your car suspension when you drive over it. That’s my convoluted, hyperbolic way of saying it was an unmitigated disaster.

Three years removed from the takeover and *some* of that stink still lingers around the club – some players, deflated commercial revenue, sponsorships still a fair way off the ‘big six’, shabby facilities [despite investment our training ground is rudimentary compared to modern facilities] and a newly formed corporate structure still finding its feet.

Then consider these financials:

Last Season’s Revenue (in million GBP)
Last Season’s Highest Earner (est.)

Manchester City: £718m
Kevin De Bruyne £400,000 p.w

Manchester United: £650m
Casemiro/B.Fernandes £350,000 p.w

Liverpool: £594m
Mohamed Salah £350,000 p.w

Spurs: £549m
Heung-min Son £190,000 p.w

Chelsea: £512m
Raheem Sterling £325,000 p.w

Arsenal: £464m
Kai Havertz £280,000 p.w

Newcastle United: £250m
Bruno Guimaraes £160,000 p.w

These clearly highlight why Newcastle cannot afford to get a £40million transfer wrong – let alone a £70million transfer. Hence the…


Source link : https://www.nufcblog.co.uk/2024/09/02/a-newcastle-fan-caught-between-frustration-and-happy-clapper-after-strange-summer/

Author : Olly Hawkins

Publish date : 2024-09-02 17:50:45

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