On the face of it, Mike Ashley is right.
It has always been a Premiership squad at Newcastle United whilst he has been in charge…
Listed below is where Newcastle United have featured in each of these last 14 seasons, in terms of squad value.
The total of how much it has cost to put Newcastle’s squad together in terms of transfer fees, compared to all other clubs in the Premier League and Championship.
Overall position by value of squad:
2005/6….6th (Shepherd and Hall as owners)
2006/7….6th (Shepherd and Hall as owners)
2007/8… 6th (Shepherd and Hall sell to Mike Ashley)
2008/9….8th (Mike Ashley relegates Newcastle)
2009/10….15th (Season in the Championship)
2011/12….10th (Attempts to hold mid-table)
2015/16….8th (Mike Ashley relegates club again)
2016/17…14th (Back in the Championship)
The current Premier League clubs in order of how much they cost (via Transfermarkt.com) to assemble, Newcastle 17th having cost 174m euros, approximately £152m – only Cardiff, Huddersfield and Watford having cost less.
Look at it, what is the policy?
Where is the input after the first relegation?
He is maintaining mid-table (spending) and avoiding Europe and cup competition.
Happy to be cannon fodder, simply allowing failure to take its course regardless of competitor spending.
An absentee owner with a club that is positioned to struggle, will struggle. Nothing to aim for and relegation will come.
Football is about competition and that means competing at every level. If this owner didn’t want to compete from the start then why buy the club in the first place only to destroy it….
That 6th place position in terms of squad value/spending could have been maintained if Ashley had allowed the club its own income streams (that position was maintained by the previous regime who were taking money out as well – via wages, dividends and other means).
The difference between competing and stagnation – spiralling out of control to the next relegation.
Mike Ashley certainly doesn’t need the extra cash/benefits he gets via Newcastle United but the club certainly does.
Stop the fleece.
If it was maintainable under the previous regime it should have been a doodle with a billionaire.