Get your daily update and weekly newsletter by signing up today!


Mike Ashley summer transfer fund reported – Newcastle United need to be ‘creative’ with it

5 months ago

A new report says that Newcastle United will have to be very ‘creative’ when it comes to using the budget Mike Ashley has allowed for the 2021 summer transfer window.

A dismal season overall with few highlights, Newcastle fans desperate to see some ambition shown in the transfer market.

The limitations have been clear to see in terms of Steve Bruce and his ability as a manager / head coach, constantly making excuse after excuse for poor results and a lot of negative dismal football. The media happy to lap up Bruce’s feeble excuses but Newcastle fans not fooled.

With all of the better players on the pitch, this Newcastle team / squad stand a decent chance despite Steve Bruce’s involvement. However, it takes often only one key player to be missing, for the Head Coach to make out that it is an impossible job.

With Mikel Arteta stating that Joe Willock will be playing for Arsenal next season, if Steve Bruce remains in charge we are left with the sole attacking plan of giving the ball to Allan Saint-Maximin and hoping he does something.

Steve Bruce has now stated that he wants to bring at least four new signings in this summer, however, this latest report from The Mail is very much in line with the fears of fans as to how much money will (or won’t…) be made available by Mike Ashley.

In their update, The Mail say that their information is that Ashley has told the club that there is going to be £12m made available to spend on players, plus money raised through sales.

However, that will not give Newcastle fans much comfort, as we have often seen in the past that players sold doesn’t then equate to all of that money available to be spent in that same window. Mike Ashley has, for whatever reason, tended to pay up front the full transfer fee for incoming players BUT then be happy when selling players to only get a down payment and the rest in later instalments. So for example, if this summer a current Newcastle player was sold for £20m but the buying club only paid £5m up front and the rest to come in later instalments. Under the Mike Ashley rules, that would mean £5m and not £20m added to this summer’s transfer kitty.

Nobody knows for sure of course how this summer transfer window will play out for Newcastle United BUT we have evidence from the past of just what Mike Ashley is capable of. For example, in summer 2018 Rafa Benitez agreed to sell the likes of Aleksandar Mitrovic but by the end of that window, Mike Ashley had made a profit of around £20m on total transfer fees in and out, rather than backing the manager with any net spend, let alone a realistic budget.

With Joe Willock set to be a non-starter and even if available Mike Ashley unwilling to properly compete with other clubs for his signing, The Mail say that Steve Bruce has rekindled his interest in the Leicester City midfielder Hamza Choudhury, who Bruce tried to get on loan in January. As Leicester once again look to improve their squad, they have have lined up the £20m signing of Boubakary Soumare, who has allegedly been a constant target for Newcastle these past couple of years.

Choudhury has only started four Premier League matches this season and Leicester now willing to let the 23 year old go at a price which might fit in with the Mike Ashley budget, the Foxes midfielder has only scored one goal in his entire Premier League career…against Newcastle! Scoring in the 3-0 Leicester win at St James Park in January 2020.

The Mail claim that Newcastle are pushing forward with the much reported interest in Kristoffer Ajer, expected to land the Celtic defender for £8m. The report also saying Steve Bruce hopes to complete a budget signing of 19 year old striker Kyle Joseph, who has scored five goals for Wigan in League One this season.

Newcastle United fans are facing a tough summer unless the takeover happens in the near future, with the newspaper reporting that the club will have to be vey ‘creative’ with the money allowed for wages and transfer fees.

The reality being that free transfers and loans could end up providing the bulk of signings. These last two years under Mike Ashley and Steve Bruce have seen 14 senior player signings and only five have seen a transfer fee for a permanent signing, the other nine all being loans or free transfers.


If you would like to feature on The Mag, submit your article to [email protected]

Have your say

© 2021 The Mag. All Rights Reserved. Design & Build by Mediaworks