The sales of Moussa Sissoko and Gini Wijnaldum were major factors in Newcastle United both bouncing back into the Premier League AND making a £40m profit in the summer 2016 transfer window.

The £25m banked for Gini Wijnaldum was a big help, a profit of around £10m after 11 (home!) goals (and very little else…) in his first season as the Dutch midfielder moved to Liverpool.

That though was dwarfed by the £28.5m profit Newcastle made on Moussa Sissoko, as Tottenham had a really bad day at the office when deciding to pay tens of millions on a chancer who had hardly lifted a leg in the last few years.

The New York Times has, maybe surprisingly, been the source for a bit of insight into how Newcastle banked £55m for the pair, an amount which could have been only £30m for the duo according to the newspaper.

They say that Real Madrid enquired about Moussa Sissoko and talked of a possible £30m deal for the midfielder, which allegedly led to Newcastle doubling their valuation and Spurs unwittingly walked right into that one!

Meanwhile, NUFC were grateful when the media reported on a £25m Gini Wijnaldum’ and neither Liverpool or Everton were said to be discouraged by that ballpark figure.

Maybe the recent media reports suggesting a price of ‘at least’ £400m for Newcastle United could be Mike Ashley using similar tactics, as he allegedly looks for a buyer…

Extract from an article in the New York Times about understanding spiralling transfer fees in the Premier League:

‘The market can move values, of course, but so can the environment.

Last year, when Newcastle United was relegated from the Premier League, it knew it would have to cash in on its two most salable assets, the French midfielder Moussa Sissoko and the Dutch wing Georginio Wijnaldum.

Privately, the club believed that 15 million pounds would be a healthy price for each player.

When Real Madrid inquired about Sissoko and suggested, without prompting, that it would be prepared to pay twice that, Newcastle duly increased its valuation.

When news media reports suggested that Wijnaldum might fetch 25 million pounds — and his two most active suitors, Everton and Liverpool, were not deterred — Newcastle did the same with him. Both players soon departed, each at the new prices.’



  • Acton Spur

    Its not as if Real Madrid set the price for other Club’s players is it…

  • Richard Locke

    NYT have the scoop do they, Spurs did not pay 30m for Sissoko it was the usual fee plus extras for performance and appearances that are confidential. Levy is no fool! Agents speculating other interest happens all the time. Since when did the NYT know about football transfers. Fake News!!!

    • Leazes Ender

      You have the scoop it seems.

      • Richard Locke

        Daniel Levy is one of
        the shrewdest managers in World football, he plays the transfer market like a
        poker player. Whilst no club can buy winners all the time Spurs transfer policy
        in the past 3 years of the Pochettino era has been outstanding. Newcastle had
        to get Sissoko off the books as they did not want to be paying his wages in the
        Championship. Last day of the transfer window, in fact hours to go. Who do you
        think had the upper hand. Everton were interested now do you seriously believe
        they would pay £30m for a
        player that cost £2m the previous year and was hardly a revelation.
        Would Spurs break their transfer record to get him and pay him around £85,000 per week making him one of
        the highest paid at the club.

        Whilst the deal is confidential and Spurs may want to sell
        him on this year you can be sure Levy got him at a knock down price.

        It has been speculated it was either an upfront fee plus instalments
        each year or add on’s. We know you Geordies have a high opinion of Mike Ashley, LoL Believe the media at your
        peril my friend; most of what is published is fantasy. Good to have you back in
        the Premier League, howay the lads.

    • TheFatController

      Love the exclamation mark after ‘levy is no fool’

      Then three after fake news.

      It’s like Donald Trump suddenly became a Spurs fan.

      Next week: a senate investigation into what the NYT know about football transfers

      • Richard Locke

        Daniel Levy is one of
        the shrewdest managers in World football, he plays the transfer market like a
        poker player. Whilst no club can buy winners all the time Spurs transfer policy
        in the past 3 years of the Pochettino era has been outstanding. Newcastle had
        to get Sissoko off the books as they did not want to be paying his wages in the
        Championship. Last day of the transfer window, in fact hours to go. Who do you
        think had the upper hand. Everton were interested now do you seriously believe
        they would pay £30m for a
        player that cost £2m the previous year and was hardly a revelation in the PL.
        Would Spurs break their transfer record to get him and pay him around £85,000 per week making him one of
        the highest paid at the club.

        Whilst the deal is confidential and Spurs may want to sell
        him on this year you can be sure Levy got him at a knock down price.

        It has been speculated it was either an upfront fee plus instalments
        each year or add on. We know you Geordies have a high opinion of Mike Ashley,
        LoL he regrets buying the club but is stuck with it. Believe the media at your
        peril my friend; most of what is published is fantasy. Good to have you back in
        the Premier League, howay the lads.

    • Albert Stubbins

      clever lad?

    • custurd

      I’m dying for you to tell us what “the usual fee” is. Also, if the extras for performance and appearances are confidential, what makes you so sure that Spurs didn’t pay £30 million? Inside information, eh? It’s funny: only last week “inside information” said that Spurs/Levi couldn’t weasel out of paying the full £30 million for Sissoko, whether they sold him or not.

      • TheFatController

        In all the press last pre-season, surely you saw every ‘ins and outs’ list the move as follows

        Newcastle (out):-
        Sissoko (Spurs £ oh, you know, the usual fee. Not £30m though. Levi is no mug. It’s £6m per season. Over five years. So not £30m. No. Just the usual fee this one)
        Wijnaldum (Liverpool £25m)
        thauvin (marseille loan)

      • Richard Locke

        Daniel Levy is one of
        the shrewdest managers in World football, he plays the transfer market like a
        poker player. Whilst no club can buy winners all the time Spurs transfer policy
        in the past 3 years of the Pochettino era has been outstanding. Newcastle had
        to get Sissoko off the books as they did not want to be paying his wages in the
        Championship. Last day of the transfer window, in fact hours to go. Who do you
        think had the upper hand. Everton were interested now do you seriously believe
        they would pay £30m for a
        player that cost £2m the previous year and was hardly a revelation in the PL.
        Would Spurs break their transfer record to get him and pay him around £85,000 per week making him one of
        the highest paid at the club.

        Whilst the deal is confidential and Spurs may want to sell
        him on this year you can be sure Levy got him at a knock down price.

        It has been speculated it was either an upfront fee plus instalments
        each year or add on’s. We know you Geordies have a high opinion of Mike Ashley,
        LoL he regrets buying the club but is stuck with it. Believe the media at your
        peril my friend; most of what is published is fantasy. Good to have you back in
        the Premier League, howay the lads.

    • wheyayeman

      Listen up people, don’t go trusting the NYT for information on your football clubs dealings in transfer activity. If you want a reliable insight without the exaggeration go to Richard Locke! You won’t be disappointed.

      • Richard Locke

        Daniel Levy is one of
        the shrewdest managers in World football, he plays the transfer market like a
        poker player. Whilst no club can buy winners all the time Spurs transfer policy
        in the past 3 years of the Pochettino era has been outstanding. Newcastle had
        to get Sissoko off the books as they did not want to be paying his wages in the
        Championship. Last day of the transfer window, in fact hours to go. Who do you
        think had the upper hand. Everton were interested now do you seriously believe they would pay £30m for a
        player that cost £2m the previous year and was hardly a revelation
        Would Spurs break their transfer record to get him and pay him around £85,000 per week making him one of
        the highest paid at the club.

        Whilst the deal is confidential and Spurs may want to sell
        him on this year you can be sure Levy got him at a knock down price.

        It has been speculated it was either an upfront fee plus instalments
        each year or add on’s. We know you Geordies have a high opinion of Mike Ashley,
        LoL he regrets buying the club but is stuck with it. Believe the media at your
        peril my friend; most of what is published is fantasy. Good to have you back in
        the Premier League, howay the lads.

  • paul156

    Delusional article par excellence! Firstly the deal is for £6m per year spread over 5 years of his contract. Now I’m not sure how transfer fees are allowed for in accounting terms but it seems rather strange that the full £30m is booked into the accounts up front even though only £6m is in the bank? Still that’s not the only silliness in the article. If Sissoko were to be sold on either now or even next summer Newcastle will not be entitled to anything like £30m. The figure I have seen quoted suggest £17m is the actual floor price. That is, if he’s sold this summer Spurs only need that much (17m) to recoup what they will have to pay Newcastle. After the third year the figure rises to £18m {that 6m per year) and so on. That still looks a decent deal for Newcastle based on his poor showing but not remotely as ridiculous as the one this article talks about. Levy may not be an Einstein but why would anyone suppose he’s a complete idiot to fork out £30m to bolster what was already a fairly strong midfield? My hunch is Spurs may even keep him for one further year then sell him unless he significantly ups his game this season. Whereupon Newcastle will get the princely sum of £17m for the fella …by which time they’ll probably be back in the Championship!

    • TheFatController

      Not angry today then? Displacement, we psychologists call it….

      • paul156

        ——————————————–

        • TheFatController

          You’ve just made my day. Thanks. Your dots signify superiority over the lesser Geordie – and as every psychologist will confirm, superiority is the natural go-to of the insecure and vulnerable, manifesting inevitably as anger. Which brings us back round to my initial point …

          • paul156

            Sorry if my friendly dig about impending relegation hit a nerve. Just banter. I expect you to manage mid table and Spurs to struggle a bit due to Wembley but with great prospects for the following season. With or without Sissoko, probably without and probably at about break even on the deal. See my reply above to MisterO. With link to Evening Standard article at the time of the transfer which makes clear the nature of the deal. ttfn

    • MisterO

      You may think it strange but, as a chartered accountant, I can assure you that when you sell a player for £30m you book a sale for £30m in your accounts, regardless of the payment terms. If Spurs have only paid the first £6m so far, then each club will have a debt showing in their Balance Sheets. Newcastle £24m due from Spurs, and Spurs £24m due to Newcastle. That is why there can be a massive difference between profit and cash in any business.

      And it’s already been published that Spurs are committed to paying the whole £30m regardless of what they do with the player. And I would suspect they will have to pay up the balance of the fee due to Newcastle should they sell him on. Anything else would be unusual. So that could hit them quite hard for cash. If they sell him for, say, £18m (just an example, and not my opinion of his value!) payable at £6m a year for 3 years, they will only have received the first £6m when they need to fork-out the remaining £24m due to Newcastle. So this might ‘encourage’ them to give him another year to try and prove himself.

      PS – before any bitter Spurs fans post insults, please note that although I am a Newcastle fan, I am not a Geordie – delusional or otherwise – so please try and think of something more original.

  • MadMag83

    ‘Was relegated?’ Shouldn’t it be ‘were relegated?’ American use of the English language is baffling at times.

    • Graham Chapman

      “Was relegated”is the correct use of grammar you numpty. Newcastle united is a single entity

      • Jimblag23

        It sounds the way a caveman would say it, even if it is grammatically correct.

  • Daniel Levy

    Another delusional Geordie. 1) Wijnaldum has proved himself to be a quality player. 10 (home) goals for a midfielder isn’t a bad return and he’s key for Liverpool. 2) Spurs basically paid for a yearly rental of Sissoko 3) it doesn’t matter how much money Newcastle make because no one wants to play there because you’re a fourth rate club who will struggle to play in the prem next season.
    Levy out

    • Daniel Levy

      4) You never actually say how Newcastle made £20m more

      • Jimblag23

        Yes it does clearly state that dummy.

  • alex carr

    Mad how angry and bitter you spurs fans are like. You’ve got a really good young team and were the second best team last year. Yeah we bumped you out of 30 mil on Sissoko but to be fair we all told you he was dire. we’ve all bought a nacker get over it like ffs.

    • Richard Locke

      Daniel Levy is one of
      the shrewdest managers in World football, he plays the transfer market like a
      poker player. Whilst no club can buy winners all the time Spurs transfer policy
      in the past 3 years of the Pochettino era has been outstanding. Newcastle had
      to get Sissoko off the books as they did not want to be paying his wages in the
      Championship. Last day of the transfer window, in fact hours to go. Who do you
      think had the upper hand. Everton were interested now do you seriously believe
      they would pay £30m for a
      player that cost £2m the previous year and was hardly a revelation in the PL.
      Would Spurs break their transfer record to get him and pay him around £85,000 per week making him one the highest paid at the club.

      Whilst the deal is confidential and Spurs may want to sell
      him on this year you can be sure Levy got him at a knock down price.

      It has been speculated it was either an upfront fee plus installments
      each year or add on’s. We know you Geordies have a high opinion of Mike Ashley,
      LoL he regrets buying the club but is stuck with it. Believe the media at your
      peril my friend; most of what is published is fantasy. Good to have you back in
      the Premier League, howay the lads.

      • alex carr

        Soldado? ok il ignore the media bud and listen to you instead dispite every outlet apart from a few spurs fans saying the deals terms. Levy is sharp but you got carried away last day of the Window. Ashley doesn’t sell cheap either ask liverpool about the Carroll deal or PSG about Cabaye and Levy with Sissoko . Nobody likes Ashley its just kind of a better the devil you know kinda thing but we all live in constant fear of his next move.

        • Ric

          Net spend is one thing fans want cups titles right

          • alex carr

            of course that’s all that matters really. I’d love to see Newcastle win anything id also love a Ferrari a New York penthouse and Rhianna as my wife, being a Newcastle fan ive come to terms with these things never happening in my lifetime. I support newcastle because my dad does my Grandad did before him and my great grandad before him its in the blood. if i just cared about cups id have been one of those mickey mouse fans that supported Arsenal or Man U despite living 100 miles away and having no connection.

          • Ric

            Alex
            True supporters yeah it’s a part of who you are
            Been long suffering myself since 1961 last time we won the league. The dream lives on and Leicester’s title win brings hope that anything is possible

          • alex carr

            Good luck next season mate gunna be tuff to improve with the money the Manchesters and Chelsea are hoying about but your brand of football is popular amongst fans up here who like the attacking game. look forward to Playing you lads again hopefully with a similar result to last time ;) all the best bud.

          • Richard Locke

            Thanks Alex, we play you first game so should be competitive, we had our worst result last time! Never easy and we don’t pay the wages the big shots do but still making good progress with a young team. Be looking out for your results, have a good one