Last week it was revealed that there was a stand-off between Mike Ashley and Rafa Benitez.

The Chronicle saying that their information was that Ashley was refusing to give the manager a transfer budget this summer, until Rafa signed a contract extension.

Well still no sign/news of any contract extension for the United boss but the same source now says there has been movement on the transfer budget.

Wednesday lunchtime has seen The Chronicle report that Rafa Benitez has now been informed as to what his summer transfer budget is.

However, that looks to be where the good news ends….

The newspaper says that the budget is believed to be very similar to what Rafa Benitez was allowed to spend last season.

Rafa having to make do with budget buys such as Atsu (£6m), Manquillo (£4m), and Josleu (£5m), as five players were bought and Mikel Merino brought in on an initial loan (that was then confirmed in October as a permanent deal for £6.5m, with the cash reportedly set to be paid this summer 2018).

Around £35m was spent in summer 2017, with more than half of that recouped as Thuavin, de Jong, Hanley, Mbabu, Murphy and others were sold.

Then in January (2018), Mike Ashley allowed no players to be bought in, with Rafa restricted to three loan deals.

Hopes of a more ambitious approach look to be dashed if The Chronicle are near the mark and helps explain why things have been so quiet so far, now a month into the transfer window.

Only Martin Dubravka has signed so far and his transfer was time sensitive, with NUFC losing the chance to get him for only £4m if the transfer wasn’t done before the end of May.

Rafa Benitez revealed in November (see below) that on the budget allowed by Mike Ashley last summer, he couldn’t compete with either Huddersfield or Brighton when it came to transfer fees or wages for potential new signings.

Huddersfield have just broken their transfer record yet again in recent days, with Terence Kongolo brought in from Monaco for around £18m.

This is the new reality and if Rafa Benitez isn’t backed properly this summer, the odds are yet again stacked against him.

Rafa Benitez – 27 November 2017:

“If you want to sign a striker who will score 20 goals, you must pay £40m.

“If you sign an average striker, it is £15m, or £10m if they can kick it forward.

“We didn’t do it. That’s the situation we’re in. We must stick together. I still have full confidence in our team.

“We have to compete against Huddersfield and Brighton but we couldn’t sign the players they signed or pay the wages that they paid.

“A message for our fans – stick together. You see what we have and the players are giving everything. They can manage if we stay calm.

“We have to support our team; to support our players. If they make the worst mistake in football history, we (still) stick together.”




  • JonMag

    well that tells you [email protected]@k all does it. might as well not have bothered.

    • Leazes.

      Why have you changed your name?

      • Albert Stubbins

        deed poll?

      • Guest 9

        Fascinating search results for GWatason3.

  • Martin

    I don’t think he will turn down the Spain job if offered. Had of course Fatty backed him properly, he would have felt more obliged to stay.

    • Clarko

      Fernando Hierro has already got the job.

      • mentalman

        Another club/team that has overlooked Rafa

      • Guest 9

        No he hasn’t, he is caretaker numbnut. Do your research…i am very disappointed 😞

        • Clarko

          Can you quote the part where I state that he isn’t the ‘caretaker’?

          • Guest 9

            Surely if he had ‘the job’ they wouldn’t need a caretaker? You are funny. Nice try. Jog on and try keyboard bullying someone else, I know it makes you feel better.

          • Clarko

            And there we go, no quote, why? Because it didn’t happen, nowhere did I say that he wasn’t the ‘caretaker’ and nowhere did I say he was the ‘caretaker’, I didn’t specify the job title or length, all I said was that he had the job, he does, below you will find the official announcement from the Spanish Football Federation (RFEF) confirming that he has the job:

            ‘Fernando Hierro to assume Spain Head Coach role for the Russia World Cup and will appear before the media alongside RFEF President, Luis Rubiales.’

            Some advice, you should probably learn how to read before attacking someone else’s comment. Dummy.

            👋

          • Guest 9

            Haha, you are fantastic. You’re mum must be proud of you, I’ll have to ask her next time I see her and your sister.

            You are probably the finest examples of a keyboard warrior I have seen for a long time.

            Keep ‘em coming, I am sad, bored and lonely 😢

          • Clarko

            Yeah, I am fantastic, I am so fantastic that you had to resort to a ‘mum’ joke because you lost the actual argument.

          • Guest 9

            The gift that keeps on giving. Does anyone ever win an ‘actual argument’ with you.

            Have you been in Singapore recently?

          • Clarko

            👋 👋 👋

          • Guest 9

            Wow no words. I win.

  • Billmag

    So the Chron has a source good grief that’ll be a first, the Shields Gazette and Northern Echo get NUFC information before that lot.

  • Albert Stubbins

    OH DEAR- jezza spot on once again it appears!!

    • Dont stop bobbi fleckman

      Jezza said we were only allowed loans.

      Do you want a bet on the net spend?

      • Albert Stubbins

        I’ll bet the house that a hell of a lot more money comes in then goes out- how about that one?

        • Dont stop bobbi fleckman

          You are betting me that the net spend on transfers in this Summer window is negative? I think I’ll have £10 with you

          • Albert Stubbins

            Im betting that the money he gives rafa to spend on players will be far outweighed by the profit the club has generated in player sales and income from sky after wages and expenditure is taken into account- in other words- profit. Ashley will ensure more money comes in than goes out to put it simply.

          • Dont stop bobbi fleckman

            I should hope so. Anything else would be making a loss

          • Albert Stubbins

            how about spending the same as what was brought in- that wouldn’t be a loss and that way fatty wouldn’t be lining his pockets because of his own greed- can we not ask for that?

          • Dont stop bobbi fleckman

            There is no evidence of pocket lining but abyone who budgets to break-even invariably loses.

          • Wezza147

            Spot on.

      • Gallowgate Dave

        Humour me – how much and how much?

        • Dont stop bobbi fleckman

          Albert will be upset, I bet you £10 that the net spend (as per Transfermkt) will exceed £9,999,999.99 (nine million, nine hundred and ninety nine pounds, ninety nine pence)

          • Gallowgate Dave

            Well that doesn’t exactly scream faith in Ashley does it?

          • Dont stop bobbi fleckman

            Where do you want to be on this? make it £20?

          • Gallowgate Dave

            £20 sounds fair enough but a sub £10,000,000 net spend is pretty weak given the under-investment of the last 3 windows. I thought you were an Ashley tub thumper, nice to see you have limited faith in him too.

          • Dont stop bobbi fleckman

            No tub thumping, I stick to reality.

            I think we have £30m to play with but I’d bet £15m is reserved for the January. I’m hesitent as I reckon Kenedy will be a loan, I really don’t think Chelsea need to sell him this time around and would be just as happy to take a loan fee and get us to pay the wages. However, I bet £20 that our net spend according to Transfermkt for this summer will exceed £14,999,999.

          • KRS1

            So are you assuming Lascelles stays or goes.

          • Dont stop bobbi fleckman

            That may leave my net spend look a little negative if Lascelles goes.

            I think Lascelles will go if a real big club come in for him. He’s a Manyoo fan, if they come in for him he goes but otherwise he may just fancy staying for another season to establish his reputation.

          • Gallowgate Dave

            If we’re going to have a daft debt that neither of us can ensure we enforce, albeit I promise I would actually donate to a charity of your choice, you’d have to be realistic. You defend Ashley far too vigorously for my liking yet you only want a bet of a net spend of £10-15 million, that’s nowt since the last couple of years we’ve made a profit from transfers, the TV deal is now bigger than ever and he has to persuade Rafa to stay by releasing the purse strings. Come up with a proper figure and I’ll take your bet, otherwise you are proving to me that you wouldn’t trust Ashley to invest as much as the rest of us.

          • Dont stop bobbi fleckman

            Ok, net spend will be £20m or more, I bet £20.

            The transfer surplus in the summer of 2016 cannot be looked in isolation, we made a loss of about £24m overall and although profits will be made in 2018, if it’s around the £30m then the budget for the fee and wage can’t go beyond that.

          • Gallowgate Dave

            This is getting silly. According to transfrmarket (if I’m reading it right) we spent 22.41 million net last season whilst those Premier League behemoths Huddersfield and Brighton spent 45.81 and 58.14 million net respectively. Yet you’re originally trying to have someone bet we’ll spend £10 million or more net? Behave! Of course we should! The TV deal will make Premier League clubs richer than ever and our turnover should be what 180-200 million next season despite Ashley’s atrocious commercial running of the club, absentee ownership and “official” boardroom of one errand boy. What next? You’ll be trying to bet me that Ashley won’t drop lower than 12 stone!

          • Dont stop bobbi fleckman

            In fairness Dave, I’m just asking people to put their money where their mouth is.

            Folk are saying that we’ll not buy anyone, we only are allowed loans or Dubravka will be our only signing or Dubravka will be the biggest priced signing. They say this on the basis of believing pub talk.

            All I ask is they put a wager on their own words or perhaps they don’t really believe the nonsense they type on here.

            As for your assessment turnover, spot on, 2018 accounts should be180-200 million, you may describe the commercial running of the club, as atrocious but its been a profitable turnaround from his inherited position.

          • Dont stop bobbi fleckman

            Oh, with the Jezza bet, I didn’t expect him to cough up thousands but I did expect more than 12pence

          • Chuck D

            I’ll bet you it won’t be enough to convince Rafa to stay, so cut the arrogant bs!

          • Dont stop bobbi fleckman

            Can you put a figure on that? If Rafa is justifying going then whatever it is, it won’t be enough.

            There is nothing arrogant about putting up a wager.

      • Albert Stubbins

        he actually said that Dubravka would be the biggest spend on players and the rest would be loan players but I take your point- he will not be far wrong and we both know that. Or do you still believe we will be bringing in a 20 million pound marquee striker and Kennedy for 20 million?

        • Dont stop bobbi fleckman

          I’m just betting on the net spend. I don’t believe for a minute Chelsea have announced they will sell for £20m, some clubs will have registered an interest and we’ll be one of them.

          OK, you want to bet that we will spend more than we have spent on Dubravka on another player? i.e. in this window, the reported transfer price for one player bought by Newcastle United will [on Transfermkt] exceed the reported transfer figure for Dubravka?

          Shall we say £20?

          • Albert Stubbins

            not really- If Im being totally honest I think we will sign a couple of 5-10 million pound bracket players. If 4 Million is the height of our ambitions then we literally may as well find another hobby!!

          • Dont stop bobbi fleckman

            At least you are being honest, the point of doing these bets is to see if people mean what they post. Jezza was a classic, he’d never bet until he got confident on a charity bet. He got his figures mixed up and ended up (if he was a gentleman of his word) being due to send alzheimer’s over £12,000. rather disappointingly, he refused to pay up and in the end he sent 12p – I thought he’s at least sent £120 or even just £12.

  • Mxpx

    This tells us nothing even if he was given a huge budget it would hardly be announced as then clubs would see us coming. I’d like to know whether the budget is modest for a Premier league club or modest by Mike Ashley standards though in truth rafa knowing what the budget is does represent an improvement on previous windows

  • Weyhhadaway

    Not depressing because it was what we expected. We are about to repeat the 2012/Anita fiasco all over again.
    At least I will save money on my cable bill.

  • panther

    so we fall further behind, and still have to worry about who he’s gonna sell at the last minute

    • nufcslf

      Oh, yes.

  • MadMag83

    The budget is believed to be £2.78 Ashley found down the back of sofa (they still accept those old coins?) Plus money generated from selling our best players (but only a fraction of said fee), and whatever we can get for Charnley as a rent boy/bowling ball.

  • Wezza147

    ‘the budget is believed to be very similar to what Rafa Benitez was allowed to spend last season.’

    Now there is a surprise.

    • Dillon Tovak

      We’ve got £7m left in the pot.

      • Wezza147

        I’d be surprised if we got that.

  • Weyhhadaway

    So -90m + 100M tv + 20m from Mitro + 5M random sales = 35M.

    • Clarko

      No. I don’t know where you are getting the -£90m from (16/17 accounts?) but the report says that we will have a similar amount to what we had last season, according to the accounts we had a net spend of £46m for the the 17/18 season so you should use that as a base, then you factor in potential outgoings like Mitrovic (£20m), Gayle (£15m), Merino (£12m), Mbemba (£6m) being the more valuable players likely to leave.

      • Weyhhadaway

        Just doing basic rough math to explain why the “lost” 90M would affect us going forward. I agree there is more than the Mitro money coming in. What comes in doesn’t always go out at this club though.

        • Clarko

          We didn’t lose £90m, that was the operational loss for that year, after player sales and tax, the loss was £41m and that still includes the ~£22m provision for onerous contracts. And that’s without mentioning that the loss was sustained in 16/17, not 17/18.

          And despite what people say on here, what comes in absolutley goes out, go and read the ‘I’m going to start by defending Mike Ashley, now I don’t like doing this any more than you do but…’ article posted on the 8th of June for all the numbers.

          • Weyhhadaway

            I was just trying to get to 35-45M from where we are!based on information the club puts out. You are saying you know more about the numbers than I do, so please explain why we can only spend 35M.

          • Clarko

            Where did anyone say that we can only spend £35m?

          • Weyhhadaway

            You know your numbers, tell me how much we should have, simple question

          • Clarko

            You seem to have a reading problem. Go back and read my comments.

          • Roblee07

            Yes what goes in does go out but you need to realise that not all income ever reaches the gates. For example all club shop income goes direct to sports direct . Commercial income is handicapped by ashleys business practices. When he finally has nowhere to hide due to massive payments from the premier league he finds way to look poor as he has indicated with the 16/17 accounts

          • Clarko

            Where is your evidence to support the claim that ‘all club shop income goes direct to sports direct’? That’s the only example (with no proof) you gave of income not reaching ‘the gates’.

            The 16/17 accounts didn’t ‘look poor’, they were poor, they were poor because we were in the Championship, our turnover fell by £40.1m, we had an operating loss of £90.9m, we had a loss after tax of £41.3m, that is factual information, the only only people who are hiding are those that stick their head in the sand when they hear something they don’t like about Ashley.

      • Ram Kishore

        The net spend you are quoting is it from the accounts or transfermarket.
        In Transfermarket is says 24.90 million euros is the net spend..
        Obviously it doesn’t include the loan fee and other undisclosed sums of few players

        • Clarko

          ‘according to the accounts we had a net spend of £46m’

          The accounts.

    • porciestreet

      Less fattys take.

  • Geordie1

    Hmm and those of you on here thought that fat boy had got the price right for selling the club shame on you as this is what we are left with scraping the bottom of the barrel for players.

  • Leicester Mag

    No doubt Mike doing all he can to maximize the budget. Rumour is he’s taken to eating his tray of Steak bakes cold to save on.VAT.

  • Paul Patterson

    That means having to pick between a top striker and Kenedy. Unless it’s not including sales.
    And now Lascelles is looking very vulnerable ..

    • Leicester Mag

      More likely neither let’s hope the Hoss hasn’t a younger brother

    • Big Hairy Man

      Any player sales will be on the drip to ensure Rafa doesn’t get funds to spend.

  • Albert Stubbins

    How comes Fat Mike would never accept a “Modest” day on the drink or a “modest” meal out with the lads or a “modest” amount to spend in the casinos? He expects Rafa to perform miracles on amounts of money that he would turn his own miserable nose up at- money not enough to provide him with even a decent day out with his chums. Does he see the irony in this? does he even care?

    • Andy Mac

      Does he care ? There’s nothing to suggest he does Mr S

  • Monkseaton Magpies

    He will have round £60m to spend which is not great but this will rise in coming years when we on more stable financial footing.

    • Big Hairy Man

      Is this the ”stable financial footing” that Fatty and his stooges have been talking about for the last decade?

    • Milo79

      Huddersfield haven’t played top flight football since the early 70s, and have spent decades pin-balling around four divisions, but they still seem to be on a more stable financial footing than we are. Clearly they don’t have our overheads, but still, how can this possibly be the case.

      • Paul Janes

        Dean Hoyle the owner of Huddersfield is technically nowhere nearly as wealthy as Ashley, but he is a genuine fan of Huddersfield Town and as such yearns for them to be successful, Ashley is a genuine fan of Sports Direct

    • KRS1

      How the f**k do you know? In fact you have no clue what the budget will be this year or next so shut up

    • Guest 9

      Good form Saton. Keep it up. I have been studying you for a while now. You have promise. One day you could be like Clarko or ghostrider if you knuckle down.

  • Stephen

    Print lies,untruths, fiction to sell newspapers.
    Nothing new.

  • Nut

    Rafa will likely get around 60 million to spend give or take, plus the money from outgoing players… and their wages off the books.

    What we dont yet know is if he has been given the Ok to spent it how he wants to spend it or if they will cap his spends per player to a maximum.
    That will be the crux of the issue.

    Also we are none the wiser if any developmemt of the reserve/unders/training ground and accademy has to come from that.

  • Lostprofit DBC

    Let’s hope the report is masking the real amount available. Once teams know how much you’ve got, the prices start going up. Get Kenedy and make Mitrovic the automatic number 9. Get Rashford on loan?

  • Desree

    punxsutawney phil sees his shadow

  • TheFatController

    Let’s not delude ourselves, we have a businessman owner who has shown himself in life to be difficult, awkward, unnecessary, petty, self-publicising (thanks Sky), dismissive, dishonest, greedy, deceitful, bitter, sensitive, immature….I could go on.

    How is it ever going to end with him owning this football club? How does any of the above work in the world of football and it’s self made millionaires always in high demand by very competitive rivals?

    I don’t really mind that people (in denial) live in hope for the future of the club whilst it remains unsold. But if you think this leopard changes it’s spots, you may be disappointed …

  • HarryHype59

    At a time when the E PL money is rolling in, the Fat miser risks our premiership status with his obsession with penny pinching. How I wish he would sell up and f**k off.

    • Ba ba.

      Or die the fat curnt

  • Burt Humperdink

    To be honest if we bought a winger, striker and squad centre back and loaned an additional squad player we would probably be favourites for a top 10 finish. Considering we’re talking 2 seasons after a relegation that’s actually fine and acceptable and sensible. It’s just what Rafa makes of it that is the issue really.

    Hell if it was £50m which is only slightly more than what we spent last year we could go something like….

    Striker £25m (king being the obvious one)
    Winger £15m + Toney and Aarons (Traore)
    Centre back £10m (Mutu)
    Loan player (Abrams, Cheek or whoever)

    Then just not sell our key players Ritchie, Lascalles, Legeune, Shelvey Perex and even Gayle.

  • Andy Mac

    My opinion about Fatman just hasnt changed. He has no identity, no allegiance and almost no interest (apart from a financial one) in this club.

    Why are we still sitting on our hands or twiddling our thumbs or both (if possible) while allowing this Fat Oaf free rein to do what he likes with OUR club ?

    LET US NOT UNDERESTIMATE OUR POWER – AS A GROUP – TO RUN THIS FKR OUT OF TOWN

    • mactoon

      Let us not underestimate the fact that without a buyer to sell the club to you can’t run him out of anywhere.

      • Andy Mac

        You can make life difficult enough to make him want to sell to anyone

        • mactoon

          I doubt it mate. He’s had about eight years of abuse and it hasn’t made any difference. As long as the money keeps coming in he’ll take the abuse, he didn’t get where he is today by making friends

          • Andy Mac

            That’s not real fan opposition. That’s the half hearted attempts of a few well meaning fans. We need

            1. No ST renewals
            2. No NUFC Commercial purchases (shirts, kit etc)

            3. No attendances at games

            There will come a time when even the thickest Toon fan finally realises that living in the Fatman era means we’re just marking time. No ambition, no success.

  • Blackburn1066

    So same hash news the Mag & Chronical no nothing about what is going on in NUFC. The club is not going to tell the world what it has to spend on players. 20% on season tickets, get one, don’t get one feed the fat man, don’t feed the fat man. it’s up to the fans.

  • Fireman Sam

    Where has the TV money gone?

    • nufcslf

      In fatso’s pocket with the 10th place money.

    • mactoon

      It hasn’t gone anywhere. It will be set out in the accounts which will be published next year. Unfortunately, he is using last years accounts (which show a loss of £90 million according to him) to justify his claim that we cannot spend anything now.

  • Stephen Paylor

    Why does it always have to be so complicated. Dubravka is on board, now grab Kenedy for 20 million. Then one of Dembele (Celtic), Solanke (Liverpool), Origi (Liverpool) for around the same. Sell Mitro, Mbemba as they don’t seem to be what Rafa wants. Grab a top class left back and allow Dummett to be the LB cover and the extra CB cover. Spent maybe 60 million and brought in 25 million. Look for a number 10 for around 15 million and were done. 50 million net spend and everyone is happy. Even the large one that owns the club as every player signed is at the right age and at the right price.

  • Toonrobbybobson

    Expected exactly this and why I walked away until the Fat man is gone. Hes never going to change his spots. He has absolutely no need to.

    Anyone expecting better good luck I can appreciate that but a decade in and plenty opportunities to buy into momentum and stabilise the club have shown him for what he is.

    Unfortunately no one can deal with him so it is until death do us part.

    For me it got to a point sitting on my hands giving benefit of the doubt will hurt the club mid-long term. Each to their own though.