Benitez’s summer budget confirmed – & it might just be quite a bit more than we thought

As transfer news is predictably slow at Newcastle so far this summer, we are all wondering just what budget Rafa Bentiez has been given.

Lee Ryder published an article in the Chronicle claiming Rafa has been given an initial budget of around £40m. At a glance this is incredibly low, but with the report insisting that player sales will top this up, Rafa *could* receive more than we initially expected.

If Ashley backs up the claim of giving Rafa ‘every penny he generates’ and player sales go well, then Benitez’s budget may be fairly competitive.

If we look at the initial budget of £40m and the players who are likely to be moved on, the eventual amount available to spend could be be £70m – here’s why:

Aleksandar Mitrovic is the departure which will bring us the most revenue. A fee of between £15-20m is being mooted; whether he goes to Fulham permanently or somewhere else. He just isn’t in Rafa’s plans and his appearance for Serbia at the World cup was symbolic of his time at NUFC, physical but missed key chances.

Like Mitrovic, Chancel Mbemba arrived with high hopes but a move to Porto looks set to be confirmed this week. A fee around £6-7m is rumoured and he might do very well elsewhere but is another that just isn’t in the managers plans, so if we can use it to add to our transfer funds it can only help.

Despite clear potential, it again looks like Mikel Merino is heading for the exit door – for a slight profit on the £7m we paid to Dortmund. I would like to see him stay but if Benitez thinks £10m is a good deal for us and the player wants to leave then he’s one we may have to sell. Let’s just hope we can secure a quality replacement first.

Then there is the deadwood to shift, which in total could be another £5-10m. Colback, Saivet, Sels, Lazaar, Aarons and Armstrong may all depart are being linked with moves away after not being near the first team last season. This in total would give us in excess of £30m, meaning our budget to secure 4/5 quality additions is looks far healthier.

It is worth considering though that sales may be in instalments so Rafa may need to haggle with Charnley and co. on cash flow, which is irritating. We need to back our manager and the issues on needing to sell before we can buy the players he wants might be behind the transfer impasse we have at the minute. And all the while the clock is ticking…let’s hope we get some good news in the coming weeks.

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About Simon Riddlesden

Lifelong Newcastle United fan and East Stand season ticket holder. Observations from a supporter who has followed NUFC during Champions League participation and through relegation, taking me from Milan to Scunthorpe.

4 thoughts on “Benitez’s summer budget confirmed – & it might just be quite a bit more than we thought

  1. the way the club works this out is money generated from sales after the purchase price/agents fees etc so there is no extra money added to the budget, players in prob 45m players out 30m spread out over the next 4 years of instalments so will prob look like a net spend of about 15m

    tv money in = 120m get in there Ashley you’ve done it again you parasite/businessman/fan/philanthropist : you choose you don’t listen to anyone anyway


  2. It’s gonna be considerably less than that figure because of buying clubs paying in installments , then any player we sign wages and agents fees taken in .40.million is a disgrace anyway and would only buy maybe one and half players of decent standard , shafted by Ashley again , I wish Rafa would just walk now and show Ashley for what he is


  3. Going by the logic of ‘receiving the payment periodically over the next 4 years’. Where is the money for Sissoko, Wijnaldum all the others we sold, we should be receiving money from there sales this summer as well right? Or does that not happen/Ashley keeps the money?


  4. People lets get one thing straight here mr ashtray is not going to give Raffa extra money he dose not give a toss

    You have West Ham totally out bidding us in players you have championship sides bidding more than Newcastle

    Mr Ashtray will not break the Newcastle transfer record and we at in for a difficult season

    Don’t go on about the club is in our blood and this and that I have Scottish grandparents and a famous uncle of mine played for Newcastle willy Penman
    Now my grandfather is a Rangers supporter though and though and his brother my uncle a Celtic supporter when mr Ashtray tried to get into rangers they totally blanked him they hounded him till in the end he chucked it and he and the rest of my Scottish family all say you Newcastle supporters are sheep and are willing to do nothing to upset him
    One of them came up with a idea go into all his shops get something off the shelf go up to the till let them ring it though and then decline the product and leave the store do this a few times and he will slowly get sick of all the Sals then cancelled sales


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