Mike Ashley announced summer transfer fund – Newcastle United must be ‘creative’ with him



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

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

The limits have been clear 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 and dismal football. The media are delighted to find Bruce’s weak excuses, but Newcastle fans are not fooled.

With all of the best players out there, this Newcastle squad / squad have a decent chance despite Steve Bruce being involved. However, it often only takes one key player to miss, for the head coach to realize that it is an impossible job.

With Mikel Arteta declaring that Joe Willock will play for Arsenal next season, if Steve Bruce remains in charge, we are left with the only plan of attack of giving the ball to Allan Saint-Maximin and hoping he does something about it.

Steve Bruce has now said he wants to bring at least four new signings this summer, however, this latest report from The Mail is very much in line with fan fears about how much money (or not …) to be provided by Mike Ashley.

In their update, The mail say their information is that Ashley told the club there would be £ 12million available to spend on players, plus the money raised from sales.

However, that won’t give Newcastle fans much solace, as we’ve often seen in the past that players sold don’t then equate to all that money available to spend in that same window. Mike Ashley for some reason tends to prepay the full transfer fee for incoming players BUT so be happy when you sell players only to get one down payment and the rest in later installments. So, for example, if this summer a current Newcastle player was sold for £ 20million but the buying club only paid £ 5million up front and the rest in installments later. Under Mike Ashley’s rules that would mean £ 5million and not £ 20million added to this summer’s transfer kitty.

No one knows for sure how this summer transfer window will play out for Newcastle United BUT we have evidence from the past of what Mike Ashley is capable of. For example, in the summer of 2018 Rafa Benitez agreed to sell Aleksandar Mitrovic, but by the end of that window Mike Ashley had made a profit of around £ 20million on the total inbound and outbound transfer fees. , rather than supporting the manager with a net. spend, let alone a realistic budget.

With Joe Willock set to be a non-starter and even though he’s available Mike Ashley doesn’t want to compete properly with other clubs for his signing, The Mail says Steve Bruce has rekindled his interest in the Leicester midfielder City Hamza Choudhury, which Bruce tried to get. loaned in january. As Leicester look to improve their squad again, they have lined up the £ 20million signing of Boubakary Soumare, who has reportedly been a constant target for Newcastle in recent years.

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

The Mail claim Newcastle are advancing their interest in Kristoffer Ajer, who is set to land the Celtic defender for £ 8million. The report also states that Steve Bruce is hoping to complete the budget signing of 19-year-old forward Kyle Joseph, who has scored five goals for Wigan in Ligue 1 this season.

Newcastle United fans face a tough summer unless the takeover happens in the near future, with the newspaper reporting the club will have to be very ‘creative’ with the money allowed for salaries and transfer fee.

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



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