The misguided and cynical short-term penny pinching running of Newcastle by Mike Ashley, is summed up by the appointment of John Carver.

Rather than appointing a credible replacement for Alan Pardew back in January, either short or long-term, instead the role was handed to the departing manager’s assistant.

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The obvious reasons being of course that he would be grateful, go along with Mike Ashley’s appalling way of running the club, not protest at selling more players in January and not buying any, but most of all, because John Carver was cheap.

Obviously the club owner thought with the number of points accumulated by the end of December that he had safely banked another year of TV cash and free advertising (as well as a few million buyout from Palace for Pardew), so what could possibly go wrong with handing the job to somebody completely out of his depth…

The ironic thing is, by appointing John Carver the NUFC owner has already lost money, to the tune of over £320,000 per week.

After 19 games Newcastle were in 10th place and after 16 Premier League matches they are now 15th in the table.

With the TV deal giving clubs approximately another £1.2m for every league placing, that represents a loss of around £6m over the course of the last 18 weeks, or just over £320,000 a week.

There looks every chance of that getting even worse over these remaining three matches, if United finish 17th at the end of the season then that would equate to around £8.4m of league placing money lost while Carver was in charge of team affairs (not that I miss him from the moment he left but in Crystal Palace’s case, Pardew has taken them up six places and as well as safety from relegation they are currently in line to bank around £7.2m extra due to league placings, leaving them well in front with their managerial appointment).

All Newcastle needed was a safe pair of hands, somebody who knew what they were doing, somebody who could have picked up the mess that Alan Pardew had left and safely delivered it through to the end of the season.

Just as well that no doubt Mike Ashley has John Carver as the lowest paid manager in the Premier League to offset some of that leaking money.

Throughout the club, not investing properly means that Newcastle United constantly lose out on the pitch. Whether it is not brining in an experienced Managing Director/CEO to run the club properly, or buying ‘bargain’ players such as Obertan, Riviere, Marveaux and many others, who they then can’t sell and end up having to pay them for years whilst they aren’t good enough for the team.

Of course falling below that 17th place would then cost Newcastle United/Mike Ashley untold tens of millions of pounds.

Something that would make the decision to ‘save’ money by appointing Carver, as arguably the worst ever decision in the history of the football club….a bit like that bloke who turned down The Beatles.