Reading Ashley’s statement, from an accountant’s perspective, I think what he is saying in a nutshell is anything left over after all running costs….plus, anything that’s left in the club’s pot from previous season net total. Basically, Rafa has his hands on all the dosh the club generates, with not a single penny coming from Ashley’s personal wealth, including his other buisnesses.
All that said, I’d say we are looking at around 80 million with a net “transfer warchest” for actual fees on players+agents of 60million. Lets say he has the full 80 million to spend on players for arguments sake, that’s not a lot these days…is it? But enough to survive, hopefully.
Personally I didn’t think much of Newcastle this season, despite winning the league. I don’t agree with all this mid-table premier league team calibre stuff. I don’t think they are much better than the teams currently in/around the relegation zone.
For a club like Newcastle, you have to say the only players you’d want to keep in a premier league team are Shelvey, Elliott, Perez…Ritchie & Gayle will hopefully step-up to the PL proper this time and others like Hayden hopefully make the step-up successfully.
There’s a lot of championship quality there. It seemed like every time I watched the Newcastle highlights reel, even when they won a game 2-0, 3-0, the opposition still created multiple opportunities and carved open Newcastle, but due to lack of quality, couldn’t finish. In the Prem they won’t be getting away with this.
Anyway hope I’m utterly wrong and look a fool, all the best to Newcastle, I’ll be cheering them next season!