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Will Newcastle United pay these loan fees?

4 years ago

Newcastle United haven’t exactly set the summer transfer window alight so far…

This is the 40th day since it opened and all we have seen is the signing of Martin Dubravka.

Whilst it was of course very welcome, it was a signing that was a no-brainer even for Mike Ashley.

The keeper having excelled on loan last season and most importantly, a bargain £4m buying clause had to be activated by the end of May, so Newcastle/Ashley had no option but to buy immediately.

Apart from that though, there appears to be, at least on the surface, nothing at all happening with bringing in other essential signings.

Even the transfer speculation from the newspapers appears half-hearted, with the ‘exclusives’ tending to be either recycled names from previous windows, or stories that make zero sense. Stories such as Newcastle allegedly prepared to pay big money for another keeper, when it is one of the positions where things look ok, or else crazy stuff along the lines of ‘Newcastle join chase for £40m…’ etc etc.

It is really worrying when not even the odd one or two journalists who are generally reliable, are coming up with the odd potential signing as somebody that Newcastle United are genuinely after.

It really does feel like that once the final game of the 2017/18 season was played and Chelsea hammered 3-0, that Lee Charnley locked the doors and there has been a total shutdown for the summer (so far).

Looking for positives, both fans and media have increasingly turned their attention to loan signings as being a way around a problematic transfer window.

With expectations much reduced/shattered, due to widespread reporting that Rafa Benitez will be given far less financial backing than he was expecting.

The thing is though, will Mike Ashley even go so far as to back Rafa Benitez with credible loan signings?

The thing is, there are loan signings and there are, loan signings.

Mikel Merino came to Newcastle last summer with a £2.7m loan fee paid, as well as a buying trigger which only needed a token number of matches played. A £6.5m transfer fee reported in Germany to be paid this summer (2018), basically the transfer seen as a way for Newcastle to bring in the player but not have to pay most of the cash until the following summer.

The other three loan signings came in the January window.

Newcastle only having the commitment to pay wages for four or five months for Dubravka, Kenedy and Slimani.

As for loan fees, difficult to see much having to be paid for the keeper, whilst Kenedy was relatively low key by Chelsea loan standards. As for Slimani, what loan fee would be expected for an unwanted injured striker going out on the final loan deadline day? Probably a few quid more than for Kenedy but not extortionate.

However, you then have a whole other level of loan deals and accompanying costs.

Tammy Abraham is a prime example.

Going out to Bristol City as an 18 year old who has previously only played 53 minutes of league football, is a whole lot different to a year later after he has scored 23 goals for a poor Bristol City team who were fighting relegation all season.

In summer 2017, Abraham was a striker attracting a lot of interest from Premier League clubs wanting to loan him. Rafa Benitez setting the deal up but then Mike Ashley pulling the plug, reportedly due to the cost of the deal.

Swansea paid £5m to loan the striker for the season, with then another £5m committed to wages, agent fees etc.

Swansea went even bigger on another loan deal, they landed what looked to be a very exciting deal for Renato Sanches.

It was seen as a real coup to bring in 19 year old much talked about midfielder Renato Sanches. Bayern Munich paid Benfica over £30m for Renato Sanches as an 18 year old and it cost  £7.65m for the basic one year loan fee, plus clearly a significant additional amount for wages, agent fees etc etc.

If Tammy Abraham had a total cost of around £10m for everything for the season, Sanches must have easily been at least £15m.

Which brings us back to Mike Ashley.

Forget about the fact that Swansea bombed last season, just concentrate on what backing the manager does or doesn’t get.

Rafa Benitez has to find some way to bring in better quality and if older players are ruled out due to no future resale value, how else can he do it.

Newcastle are now linked with Ruben Loftus Cheek as a possible loan signing. Can anybody really see Ashley prepared to pay the price for a player who is now an England star and a very good season at Palace in the Premier League?

We all hoped Kenedy was a no-brainer in terms of Newcastle putting in a bid straight away to buy him….

Even if he is allowed to go out on loan again, any deal for the Brazilian would be far far more than was paid for his short-term loan last season.

In Ashley’s eyes, it would be a case of big money going out on players which would be increasing the value of investments for other clubs.

If Newcastle United aren’t going to compete for better quality even on loan signings, you have to wonder just who we can sign?


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