Norwich City ambitious early planning exposes ridiculous Newcastle United situation
Norwich City are back in the Premier League.
Relegated along with Newcastle United back in 2016, it has taken the Canaries two years longer than the Magpies to win back their top tier status.
Indeed, we could see all three of those 2016 relegated clubs back in the Premier League, Aston Villa now needing to beat Derby County in the play-off final on Monday.
Norwich boss Daniel Farke achieved miracles with Norwich after leaving his job as Borussia Dortmund reserve team manager.
Whilst elsewhere there was massive spending in the Championship, financial reality meant Norwich were forced to make a £30m profit on transfers last summer (2018).
Some inspired business though by Farke, saw him put together a side on a shoestring, with two stand out signings in particular, both free transfers.
Former Newcastle keeper Tim Krul played every minute in goal, whilst striker Teemu Pukki was the division’s top scorer (29 goals) and has nine assists.
However, now back in the Premier League, Norwich City are looking to have a real go at making a successful return.
No guarantees of course of staying up but they are set to do everything they possibly can.
Mike Ashley has been happy to let the Rafa Benitez situation drag on to ridiculous lengths, plus allow Salomon Rondon to walk away with as yet no permanent deal.
Meanwhile Norwich have already got influential defender Tim Klose to extend his contract, plus are actively chasing early transfers, with £15m Kalvin Phillips amongst their targets.
Norwich’s season ended on Sunday 5 May when a 2-1 win at Villa confirmed them as champions.
Now it has been revealed that only 10 days later (15 May 2019) they put in place a loan agreement, where they are borrowing money based on the guaranteed cash they will receive in this coming Premier League season.
Norwich City take out a loan from Barclays secured on outstanding TV money due from present season & amounts guaranteed from Premier League for 2019/20. Looks as if they’re preparing their transfer pot for the summer nice & early #NCFC pic.twitter.com/BcYrQEv1SD
— PriceOfFootball (@KieranMaguire) May 20, 2019
A common move for many clubs, spending the PL money they know they are guaranteed on players who they hope will help them stay up.
Good luck to Tim Krul and Norwich as Delia is looking to give it a proper ambitious go at staying up.
Meanwhile at Newcastle United we don’t even know who will be manager…
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