Rafa Benitez now knows his January transfer budget.

The Chronicle reporting on Thursday that the Newcastle manager had been ‘informed’ of what he has (hasn’t??) got available to spend in the next transfer window.

The newspaper says that Rafa once again will have a ‘tiny’ budget and that he has told the club’s scouting team to try and ‘find low budget transactions’ that Newcastle will be able to afford with their January transfer budget.

So Newcastle United are in trouble because of not spending realistic amounts in the three transfer windows since promotion and the cure for that is going to be Mike Ashley repeating what has gone before.

Newcastle are desperately in need of better quality, especially in terms of creating and scoring goals, and ‘low budget transactions’ is the answer….?

We are being played for fools here, both Rafa Benitez and Newcastle fans.

It is as though we are all incapable of remembering what happened a few months ago, or nine months ago.

Last January, Sky Sports carried the story (see below) that Mike Ashley was prepared to back Rafa with a mystery £20m striker.

Not one player was bought despite various claims of £12m-£16m offers made for Nicolai Jorgensen of Feyenoord.

Fast forward to summer 2018 and Mitro is sold for £22m (rising to £27m) and yet we can’t even buy Salomon Rondon, instead it is a £2m loan with Gayle having to go the other way.

Fast forward further to the September 2018 Fans forum minutes (see below) and we are told the club tried their very best and were prepared to pay far more than the £16.8m club transfer record fee for various Rafa targets, yet none were bought.

So how do we approach January 2019 with only a pittance available?

Where is the £20m that was ‘available’ to buy a striker in January 2018?

Where are the funds that could have bought a number of record breaking targets in summer 2018?

The numbers just don’t add up.

The Chronicle yesterday (Thursday 18 October 2018):

‘Newcastle United boss Rafa Benitez informed of January transfer budget

The Magpies did not splash out in the summer window and Rafa Benitez is already cutting his cloth accordingly ahead of the January window

Rafa Benitez will be shopping in the bargain basement again when the January window opens for business.

European loans will be one of the most realistic options this winter when it comes to bringing in quality senior players.

In the early part of the year Benitez ploughed the tiny January budget he was afforded into loan fees for Kenedy and Martin Dubravka.

The ex-Liverpool chief is now braced to do something similar in early 2019.

The club’s routine transfer meeting – which took place after the home defeat against Leicester City – resulted in Benitez making it clear that club scouts must dig deep to find low budget transactions in the next few months.’

Newcastle United Fans Forum minutes from Monday 24 September 2018 meeting (published 11 days later):

‘The club explained that several more players were pursued, some of which were well above and beyond the club’s current transfer record. For a number of reasons, the deals were not possible despite the money being available for these players.

The club explained the challenges of the transfer window and stated that several clubs simply did not want to sell their players, or that the players did not want to make the move.

The club discussed a number of other striking options <names withheld from Fans Forum minutes>, some of which were well above and beyond the club’s current transfer record…

Discussions with the manager are on-going (for the January window). The club would ideally like to secure exciting, high-quality young players who can make a difference, rather than focussing on quantity of players.

The club confirmed that there was money available for the right players (in the summer). Players have to benefit the club not only in the short term, but also the medium-to-long term.

The club explained that signing a player now is rarely straightforward for any club, with various parties needing to be satisfied before a deal is concluded.

The club also explained that it would be easy to pay sometimes highly-inflated initial fees quoted by clubs but there is a responsibility with the club’s long-term health in mind to spend intelligently.

Another consideration is the club’s wage structure, which can impact heavily on the dressing room. When players come in, the club tries to keep salaries within that structure.

The club explained that while people refer to an extra £10,000 or £15,000 a week to secure a deal, this can create an imbalance in the dressing room, and can mean a difference of millions of pounds to the budget.’

To feature like Dean Wilkins submit your article to [email protected] and/or for more info go here



  • Too early and those reports are wild guesses. The real budget will be known depending on how we do in the next 5 games and if Rafa isn’t sacked (this is now a possibility with so many winless games).
    Hard to see anybody besides Dawson (which he deserves in my books) taking over or Moyes/Rodgers which is going back to the whole Pardew/McClown situation.
    Bleak times if Rafa doesn’t win a few games in the next 5. I understand the target is out of the relegation zone by January.

    • The BBC is FAKENEWS

      The target is always more money in the owners pocket. The football club is always an afterthought.

  • Toon

    Nothing changes, pass me the season ticket renewal form

  • HarryHype59

    Is anyone actually surprised by this? The Fat one has been diverting the TV cash into his other holdings for at least three windows, while claiming the mythical “debt” is unchanged.

    He will have received two eight figure payments of this year’s £100m plus TV money by January. This is in addition to the £126m TV cash last season.

    To suggest there is no money available is nonsense. This club has never been richer in its entire history. Ashley simply refuses to spend it on quality players.

    • Wezza

      Spot on, never been richer (until FCB transfers it) and our wage bill has never been lower.

  • Tweed Mag

    It is only October, so things could well change. The Chronic are not exactly the most reliable and well informed. The nagging doubt will always be that Ashley will not spend – he gambles and is motivated by greed and spite. The Chronic will have to explain themselves at some stage – printing this story (with their usual thorough journalistic integrity) is par for the course. The latest rumour is that they have taken on Monkseaton-Moscow as junior reporter.

    • Tomb

      not the most reliable and well informed, thats the understatement of the year.
      When Alan Oliver had a direct line to Freddy Shepherd at least there were some accurate stories coming through rather than cut and pastes from internet articles

  • JohnnyH

    Moscowmonk will soon reveal all
    Worry not

    • Leicester Mag

      God I hope not! That creates a frightening mental image

    • Peaky

      2 ex players will have rang him….they’ll have met in a lift….all in agreement that Perez is the greatest footballer ever……discussed the clubs accounts from 1977……and then off to a pub paying tribute to their God his Fatsoness by drinking opious amounts of London Pride,scoffing jellied eels and then regurgitating the whole effing lot in the nearest fireplace….sorry yes,he will reveal all…

    • Themoscow72

      The way I see it is that every year we have had money we have spent it and more during the last ten years. This season for whatever reason I suspect this is not the case. Whether it was because he was trying to sell the club, Rafa not signing a contract or they could not get the players to come only time will tell. I fully expect there to be round £40m in the bank for January transfers whether it is used is a different question and will depend on many factors including Rafa’ s future. Match on Saturday cannot wait buzzing.

      • Viru leckworth

        Buzz off then.

      • drc74

        you said that for the summer budget, spxnkster, when that didnt happen you changed your name on here, u fxxkin ashley spxnk drinking cxckwomble

      • Wezza

        Utter tripe. You still insist you’re not trolling and you spout rubbish like that. Rafa not signing has nothing to do with not spending it was just another excuse. Anyone with a brain and without an agenda can see that.
        40M in the bank? We’ve already had 20M in the bank profit plus the first to installment tv money. That’s 60M.
        You of course slipped up as you, from your amazing sources, stated FCB has only taken 10M. So what about the TV money then? Where does 40M come from? Your sums and you in general make no sense at all you’re dishonest and trolling.

        • Wezza

          I take it by your non reply Monk that I am correct.

  • Coble’s Return

    There is no budget – there never was a budget – there never will be a budget. Ashley will gamble on another miracle and then if Rafa and the team manage to produce one, various cretins in the media will tell us just how astute he is to have achieved what he has without risking the future of the club.

    Keep the pressure on SD lads and lasses – that is the only way that the deadlock will ever be broken.

    • Tomb

      What pressure, the ground is close to full every week with people decked in merchandise

  • Leicester Mag

    Sun rises, pope turns up to church, bear has woodland constitutional, Newcastle have tiny transfer budget, 50K turn up from biweekly zombie football. What change and chance of a future? Stay away

    • kingfisher

      Absolutely 100% correct Leicester.I can’t understand why these reports are published.Every one and their dog knows how Ashley operates and for 50,000 to keep turning up despite all that Ashley has done means that nothing will change.Why on earth can they not see what damage they are doing?

      • Themoscow72

        Only 91 single seats left in the normal part of the ground on Saturday.
        Newcastle fans now buying the tickets that Brighton could not sell so the demand far outweighs the supply even with some unhappy people about.

        • Wezza

          Where are you getting that information from?

      • Tomb

        Because lots of them arent hard core football fans and go for the day out, the premier league ‘experience’ and a few pints with the lads. In the late 80s there were no day trippers or sky sports converted attending, and proper protests helped usher in the Sir John Hall era. Moan about Ashley but keep paying him to carry on, lol

  • Paul Patterson

    “Last January, Sky Sports carried the story that Mike Ashley was prepared to back Rafa with a mystery £20m striker.”

    Put simply, it was a lie . .

  • Kneebotherm8

    All will depend on the results we get before Xmas………..panic will set in with the FCB if we’re rock bottom by January.

    • Ashley-out

      to little, to late by January

      • Kneebotherm8

        That is the way he operates though………..as we’ve seen this past 11 years…….

      • Tomb

        Rubbish we were bottom three in Feb and finished tenth. Win tomorrow and we will likely be out of the bottom three.

  • BanJones

    “Words” – an arrangement of letters that may or may not have meaning, there is usually a clue from whoever is using that arrangement of letters as to how much credence to give them, sorry what were you saying Mr Ashley?

  • Ashley-out

    Rafa needs to jack it in & leave the whole sorry mess, Newcastle are heading for the 3rd relegation under fatso.

    • t00nraider

      We have been unlucky with injuries. If our key players stay fit we will be fine. Have you betted on relegation?

      • East Durham Mag

        Are you one of the multiple personalities of an Ashley troll?

      • Viru leckworth

        There is no such word as betted. Ignorant chump

      • BanJones

        If “fine” is getting away with a threadbare squad just surviving because of a world level manager then you are right, what happens when the class manager goes and nobody with any self regard will take a job under the assett stripper – welcome back Geordie John, tell me do you have any experience of the first division?

      • Tomb

        Cardiff and Huddersfield are nailed on to go down, if we win tomorrow against a depleted Brighton we will probably be out of the bottom three, like you I am amazed people are already resigned to relegation, maybe quilty of over estimating the other teams

  • Superdooperhooper

    It was revealed in the fans forum minutes where the money went – fatty trousered it !
    But still the fifty thousand sheep keep going back. What is it going to take for you to say ‘enough is enough ‘?

    • kingfisher

      They will never say ” enough is enough” Super, because they must have their “football fix” and most are not prepared to miss even 1 game for the greater good, and rid our club of Ashley! Some of the season ticket holders have said they will boycott if it has been organized and advertised properly, well the Wolves match is being targeted, lets see how many are true to their word!

  • Waxi

    You can’t always (sorry never) believe what you read in the chronicle but things don’t look good. If i were in the shoes of Rafa i would just take whatever and move on as the last three years have been a complete waste of his talents in football. He will leave us where he found us but remember this, He has done it with far less quality players in my opinion and TFCB will deserve all he has coming to him. Don’t forget folks boycott the wolves game and remember if Rafa goes we go.

    • Tomb

      I think we will pick up a couple of wins in the next few games, Brighton are missing a full midfield, Soton look a rabble but it will only praper over the cracks. A lot of poor teams are down there so if Rafa stays he,ll keep us up but then probably move on

  • Mrkgw

    Disgusting situation – Ashley out!

    • East Durham Mag

      Or just die not really bothered which.

  • Wezza

    If anyone has thought ‘I hope Rafa is backed on January’ then let this be a harsh lesson in how the FCB works. He will not change, ever.
    Where’s the money? Well it’s not in NUFCs accounts it’s paid for HOF! So what about the first instalment of this seasons TV money and we still have 20M profit and probably around 40M in the first instalment? Gone. FCB has taken millions from the club and continues to do so whilst giving fans two fingers. The sooner people realise this and decide to stop going the better.
    Wake up. It isn’t about the football anymore it’s about the money.
    Our club is dead.

    • Themoscow72

      The only way for Mike to take money out the club in a real sense I pay himself a wage, dividend or bonus. It is a legal requirement to declare any payments or benefits for any directors under FRS 102 in the accounts. The last set published showed he had £77,951 worth of corporate hospitality for his family at the match which he has paid for.
      As he took over the loans from Barclays and other various institutions and lent the club £144m as an interest free loan he is entitled for this to be repaid as it’s his money.
      The only area where he could be making any money is on the merchandising side but that is small beer on the scale of things and the club said that side is all in order.
      Off to the match 9.00am in morning cannot wait buzzing.

      • East Durham Mag

        Shut up FFS

        • BanJones

          Assett strippers needs mugs and forelock tuggers to succeed, they think they are clever but they are so obvious it would be laughable if they weren’t such saddos.

          • East Durham Mag

            MonkMoscow is as sad as it gets mate.

          • Themoscow72

            Sad when we get beat with dodgey refs but that will heal on Saturday.

          • Wezza

            No we get beaten because the manager has not been backed and the team has not been strengthened. All we got last summer is more lies and bargain bin replacements and loans and freebies.
            Are you still going to say Rafa has every penny Monk?

      • Viru leckworth

        So, if as you say, he is making nowt out of the club, why doesn’t he sell up? It certainly isn’t for the love of the club that he is continuing to stay in control.

        • Waxi

          Don’t bite Viru that’s what the fecker wants to spread TFCB bile.

        • Themoscow72

          Two reasons really. It would take an offer of at least £279m less his recent loan repayment for him to sell. The second is the exposure for Sports Direct has no doubt increased the value of his brand via the share price and profitability of his stores.

          • Wezza

            Rubbish. Why have Brighton a net spend of 110M? Where’s our TV money gone? You can’t answer that because you know fine well the FCB has it.

          • Tomb

            thats in the last 18 months though our squad is still worth more than Brightons.

      • Wezza

        Rubbish monk, there’s a loophole in the accounts where transfers do not have to be stated. He is a proven court liar. How have Brighton had a net spend of 110 m then?

      • Wezza

        I found this report interesting:
        ‘NUFC Independent auditor, Grant Thornton faces probe for signing off arrangement between retailer and firm owned by founder Mike Ashley’s brother. ‘
        and
        ‘FRC investigating Grant Thornton’s Sports Direct audits’

        Maybe not so independent after all? Dum dum DUM!

        Back to your waffle I notice you omitted this:

    • t00nraider

      Shepherd and Hall took far more.

      • jack

        Rubbish I’d have hall back in a heartbeat, at least there was some ambition. And record under them surpasses any under Ashley

      • Viru leckworth

        We had some of our best times when Sir John Hall was the owner. Toonraider go home and snuggle up to Uncle Mike.

    • Dave Pattinson

      Don’t go. Its not our club anymore. Leave it to the tourists till thr fat g!t goes

  • X,WHY,Y MAN.

    This sort of inconsistency and misinformation all came to light at Keegan’s Tribunal with them about what they put out to the press being nothing but a series of P.R Exercises designed to smooth the waters etc
    That is why you can always go back at a later date and pull apart previous statements by them because it is always a tissue of lies.

    As Keegan said : “You Can’t Work With These People Because They Say One But Do Another.”

    • t00nraider

      I have sympathy with Keegan but he does seem to twist thing just like anyone. He needs to understand it’s not monopoly money and stop having tantrums.

      • East Durham Mag

        Wtf are you on? Ashleys payroll?

      • Paul Patterson

        One man’s ‘tantrums’ are another man’s principals ..

  • Peaky

    WHERE’S THE MONEY GONE YOU FAT THIEVINGBASTARD ????

  • David Jones

    Does not matter if 50000 turn up or only 1 turns up ashley knows that if Newcastle keep going up and down they will turn a profit the amount taken from gate receipts is nothing compared to the money from sly he does not give a stuff about the fans

    • X2

      It matters. A lot.

  • St_ephen1

    I’ve joined my brother now who has said for years that nothing will change while Ashley’s in charge. He stopped going years ago. I now have no interest. Too painful. Too enraged. Feels hopeless. The ONLY way I see him selling up like so many have said here and elsewhere is to stop renewing your season tickets. It’s always the same, in the summer/Jan transfer windows positive rumours of club sale and big players coming in arise, but nothing comes of it. Ashley says “not serious buyers” or “we tried to get them but just can’t afford the £2 trillion they asked for” Then the window closes. We all crawl away and lick out wounds and the whole circus repeats itself. I now firmly believe that “support the team not the regime” is a totally impotent gesture which will only serve yo keep him there. As its those season tickets which line his pockets well in advance of the turmoil that follows. We need to be more ruthless like Glasgow Rangers fans were. Block the tat direct shops. Strangle his life source. SD and season tickets. And does anyone think at this stage that Joselu will pull one out the hat just because Billy from Byker turned up to cheer him on? These lads are professionals. They are paid huge sums to play. They just don’t cut the mustard at this level and neither 5 nor 52000 fans cheering them on will make him a better player. There is no twelfth man here. There is just one disgusting leech, one abhorrent parasite determined to keep his cash cow on life support while he bleeds it dry. Next season. No matter What happens in summer, no matter if he splashes 100 mil (as if!) even if Rafa stays, boycott and don’t renew. There is no other way. One season. That’s all. Just one to eradicate this pox for good. That must be our rally cry. He is a scourge to our fine City. Let’s destroy him together!

    • Leazes.

      Ashley couldn’t have done it for eleven long years without the Chronicles Mark Douglas…..

      …. Author of inside the Rafalution …. and quote ‘good friend’ to the regime!

      Having this City behind you means everything.

    • kingfisher

      Very well put St_phen1.

    • Tomb

      Hear hear

    • Tomb

      Ten years plus and still fans expecting Ashley to change

  • Simonmartin Dodgson

    Well after reading this I guess we can kiss goodbye to Rafa in the summer and the Prem and welcome some manager the fans will not want and the Championship for the 3rd or 4th time in 11yr LET ALL SAY THANKS TO CASHLEY AND HIS TEAM FOR A GREAT JOB A MASSIVE NOT

  • mactoon

    The figures do add up. There is money in the club, Ashley just refuses to spend it!

    Also, while I have no doubt there will not be a great deal spent in January, I would question the reporters ‘source’ of information as the club have so far refused to speak to them.

  • jack

    What about premiere league payments and profits from other transfer windows

  • East Durham Mag

    If as reported Fatty is going to spend nowt he obviously wants his club to be relegated. Maybe to spite the supporters who are protesting or for reasons known only to himself. The only way to hurt him is to turn the cash tap off.

    • Wezza

      That’s what I think too. He hasn’t made a loss and won’t even if he sells for 100M the two fingers meant more than just the money. It’s spite.

      • East Durham Mag

        I haven’t been for four years now and its hard, my mate asked if i wanted to go, i almost cracked but rememered my vow and why i won’t go. Definitely spite Wezza, he is a fat man baby.

    • Tomb

      we wont get relegated if rafa stays huddersfield and cardiff will go and I think southampton or fulham. Win tomorrow and we’re probably out of the bottom three thats how many poor sides there are down there

      • East Durham Mag

        I wish i shared your optimism.

  • robbersdog

    What’s the point of buying more sub-standard players like Manquillo, Joselu and all the others? I used to get excited by new signings, but now I’m sick of the conveyor belt of the bang average.

    We should’ve kept Thauvin, Merino, Mitrovich and yes, Dwight Gayle, and the squad wouldn’t be nearly as weak as it is now.

    • mactoon

      Unfortunately Rafa didn’t play them so he thought he could sell them to raise money for incoming transfers. But Ashley simply didn’t spend the money.

  • mactoon

    Rafa speaking at todays press conference:

    “I don’t know my budget for January, but it is not a problem. I am confident we can achieve what we want to achieve.”

    • Wezza

      Yeah relegation.

  • Tomb

    can we please stop acting suprised about the lack of spend, Ashley wont change but keep renewing season tickets and expecting next year to be different.

  • Colin Brumwell

    Even if (big if) the purse strings are loosened who would want to come here to almost certainly be in the Championship for the foreseeable future