Sunday, September 26

Payment plan revealed as Newcastle reveals finances behind summer purchase


Newcastle payment plan revealed for key summer signing

Not much was expected from Newcastle this summer, or any summer, for that matter, when it comes to its ability to improve under owner Mike Ashley, but a key piece of the business was a breath of fresh air in St. James’ Park when the Magpies secured a full deal for Arsenal’s Joe Willock.

Willock won the hearts and minds of boss Steve Bruce and Newcastle’s collective fan base during his loan stint at Tyneside in the second half of last season, where he scored 8 goals in 14 appearances and helped the club to a 5 -5-4. record during your stay.

But the club has been unable to pay the full £ 25 million upfront fee to Arsenal based on their preference, and instead stated today via the club official website that would only be able to use a structured payment plan.

“Our preference to pay transfer fees up front, rather than spreading payments over several years, is well documented. We believe this approach will be in the long-term interests of the club as it will give the club much greater certainty and control over its spending in future windows and seasons.

“In negotiating / securing this deal after Covid-19, we recognized the need to make an exception and, on this occasion, we distributed the transfer fee among the installments. We did it this summer to ensure a player that we know makes us stronger and that our head coach was unequivocal in his desire to sign. “

Did this affect Arsenal’s summer spending?

Arsenal instituted a wave of massive reinforcements this summer under the leadership of Mikel Arteta and Edu Gaspar, spending £ 140 million leading the Premier League and bringing in six established players to key long-term roles in the Emirates, while simultaneously extended young Folarin Balogun with new terms.

Newcastle payment plan revealed for key summer signing

Newcastle United’s English midfielder Joe Willock (R) runs with the ball in front of Aston Villa’s English midfielder Jacob Ramsey (L) during the English Premier League soccer match between Newcastle United and Aston Villa at St James’ Park in Newcastle-upon-Tyne. Northeast England on March 12, 2021. – RESTRICTED TO EDITORIAL USE. Not for use with unauthorized audio, video, data, match lists, club / league logos, or “live” services. Online use within the match is limited to 120 images. 40 additional images can be used in overtime. No video emulation. The use of social networks within the match is limited to 120 images. 40 additional images can be used in overtime. Not used in betting posts, games, or single club / league / player posts. (Photo by Clive Brunskill / POOL / AFP) / RESTRICTED TO EDITORIAL USE. Not for use with unauthorized audio, video, data, match lists, club / league logos, or “live” services. Online use within the match is limited to 120 images. 40 additional images can be used in overtime. No video emulation. The use of social networks within the match is limited to 120 images. 40 additional images can be used in overtime. Not used in betting posts, games, or single club / league / player posts. / RESTRICTED TO EDITORIAL USE. Not for use with unauthorized audio, video, data, match lists, club / league logos, or “live” services. Online use within the match is limited to 120 images. 40 additional images can be used in overtime. No video emulation. The use of social networks within the match is limited to 120 images. 40 additional images can be used in overtime. Not used in betting posts, games, or single club / league / player posts. (Photo by CLIVE BRUNSKILL / POOL / AFP via Getty Images)

But more was expected from Arsenal, particularly more central midfield additions and even a potential move for a center forward. Not receiving those advance funds from Newcastle could have caused the club to lose more business this summer.

Despite that, the Gunners have plans to go ahead with the team renewal in the coming windows, targeting the aforementioned midfielder and forward roles, particularly to find a long-term solution for Pierre-Emerick Aubameyang and Alexandre Lacazette.

Furthermore, the fact that Newcastle cannot pay what is only a decent fee up front could put more attention on the financial situation of the club under Ashley, who has so far clung to the club amid multiple attempts by outside investors to buy. the club.


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Premier League table

# Team MP D P
1 Tottenham Hotspur 3 3 9
2 West Ham United 3 5 7
3 United manchester 3 5 7
4 Chelsea Football Club 3 5 7
5 Liverpool FC 3 5 7
6 Everton FC 3 4 7
7 Manchester city 3 9 6
8 Brighton and Hove Albion 3 1 6
9 Leicester City 3 -1 6
10 Brentford fc 3 2 5
eleven Aston Villa 3 1 4
12 Watford FC 3 -2 3
13 Southampton FC 3 -2 2
14 crystal Palace 3 -3 2
fifteen Leeds United 3 -4 2
sixteen FC Burnley 3 -3 1
17 Newcastle united 3 -4 1
18 Wolverhampton Wanderers 3 -3 0
19 Norwich city 3 -9 0
twenty Arsenal FC 3 -9 0
Player Team Goals
Antonio, Michail West Ham United 4
Fernandes, Bruno United manchester 3
Calvert-Lewin, Dominic Everton FC 3
Greenwood, Mason United manchester 3
Salah, Mohamed Liverpool FC 2
Benrahma said West Ham United 2
Ings, Danny Aston Villa 2
Vardy, Jamie Leicester City 2
Fornals, Pablo West Ham United 2
Torres, Ferran Manchester city 2
Son, Heung Min Tottenham Hotspur 2
Wilson, Callum Newcastle united 2
Maupay, Neal Brighton and Hove Albion 2
Gray, Demarai Everton FC 2
Jota, Diogo Liverpool FC 2
Gallagher, Conor crystal Palace 2
Jesus, Gabriel Manchester city 1
James, Reece Chelsea Football Club 1
Doucoure, Abdoulaye Everton FC 1
Mahrez, Riyadh Manchester city 1




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