News on Thursday afternoon that Newcastle’s new signings, Jonjo Shelvey and Andros Townsend, will not see a drop in wages if the club are relegated.

Sky Sports say that their information is that no relegation clause has been written into their contracts to protect the club in the event of finishing in the bottom three.

Back in 2008/09 when Newcastle were relegated under Mike Ashley, he and the club were accused of arrogance due to the absence of relegation clauses in any player’s contract.

The accusations of arrogance came with the perception that the club didn’t see that relegation could ever be a possibility for Newcastle United.

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With Sky Sports running this story, I’m not sure whether the inference is that Ashley did learn from that previous expensive experience, with easily the largest ever wage bill up to that point, playing in the Championship in that 2009/10 season.

Whilst the likes of Michael Owen (who was out of contract), Habib Beye, Damien Duff and others jumped ship, Newcastle had a host of high earners in the shape of Coloccini, Enrique, Jonas, Barton, Smith and the rest to still pay Premier League level wages to.

So does pointing out that Shelvey and Andros Townsend don’t have relegation clauses, suggest that Newcastle have insisted in other cases?

Obviously in this latest transfer window where it was most definitely a sellers market and players held all the power, I can’t imagine it would be an easy sell to try and get any ambitious player to sign for Newcastle if there was a real possibility of a massive drop in wages in a matter of six or seven months time.