According to the Telegraph’s Luke Edwards, Newcastle look set to make between £60-£80m after our first year back in the Premier League – however the “pot of cash” currently being offered to Benitez is NOT at that level after an initial round of talks.
Rafa has hinted in recent interviews that discussions between himself and the club have not progressed up until this point, and this could help explain why.
Here’s what the North-East correspondent has had to say in his latest piece for the Telegraph, suggesting the transfer kitty that’s been offered to Benitez is below the Spaniard’s expectations:
“He wants to know why, if the club is expected to make a profit of between £60- 80m after one year in the Premier League, is all that money not being made available to him to strengthen the squad?
“At the moment, Telegraph Sport understands the “pot of cash” that has been offered to Benitez is not at that level.”
Infuriating stuff if true. Yes we didn’t have the big influx of TV money and Premier League bonuses last summer, however there’s absolutely no excuse this time.
Given what Benitez wants to achieve and what this team needs to ‘compete’, a figure well below £60-£80m just isn’t enough.
Last summer we spent just over £40m and that bought us very little, so I’d like to think a figure in the region of £60m would be the bare minimum – especially when signing a proven striker and Kenedy permanently would cost well over two thirds of that total.
Let’s hope things get sorted out – although this is another worrying sign.