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Mike Ashley makes £50m available for Newcastle United summer signings – Report

1 month ago
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It appeared to be the case that Mike Ashley was pinning all his summer hopes on a Newcastle United takeover going ahead.

A takeover that would allow him to walk away and not worry about having to deal with and clear up the mess at St James Park he has created.

An ageing squad lacking goals and creativity, with only three weeks to go before the NUFC squad returns for pre-season preparations on Monday 5 June.

However, a report on Sunday has claimed that regardless of what happens and when with a takeover, Mike Ashley has put together a far bigger transfer fund for players ahead of the new season.

Previous media reports have claimed a total of around £10m-£12m plus some extra cash if current NUFC players are sold.

However, Alan Nixon claims inside information at Newcastle United and that Mike Ashley has made a base fund of £50m available to spend, without any cash needed from selling players.

Writing in The Sun, he says that this will see the biggest chunk of the transfer funds used to launch a £30m bid for Joe Willock, with also Newcastle making a bid of around £10m for Liverpool central defender Nat Phillips.

Hmmm, well this is supposedly set to be the hottest day of the year so far, so getting a little bit too much of ‘the sun’ could make you feel a little bit strange…

Very difficult to see this having any basis in reality, although I suppose up to a point, you can never know for sure totally with Mike Ashley.

Steve Bruce has actually been allowed an average yearly net spend of £50m+, with a £100m+ net spend over the course of these past four windows. Another £50m net spend this summer would take it to £150m+ net spend allowed under Bruce, a ‘slight’ difference to Rafa Benitez who was not backed properly at all by Mike Ashley, actually making a profit for Ashley over the course of his six transfer windows in charge. The report claims that the transfer ‘war chest’ would be a ‘reward’ for Steve Bruce from the club’s owner, for avoiding relegation.

Making a proper realistic bid for Joe Willock should be a given this summer, but under Mike Ashley, very very unlikely.

Hope I’m wrong.

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