Newcastle owner says There’s Nothing Left in Bank
No Money Left In Bank For Newcastle
Cape Town – Newcastle United owner Mike Ashley admits there is no funds for Newcastle to Spend more. The ruthlessly announced “Don’t come crying to me”
The Magpies are having disastrous Season as the club sits 19th in Premier League 3 points away from the safety.Owner Mike Ashley also says he regrets buying Newcastle for £134m in 2007.After spending £80m on new players the club has nothing to spend and the financial turmoil will continue to hover club if the fail to stay up in the Premier League.If Newcastle United gets relegated there will be a huge setback for the club as the television income will drop to £40m from the huge £100m.
The summer spending spree on players like Aleksandar Mitrovic, Wijnaldum the club didn’t stop either in winter window with the acquisition of Jonjo Shelvey& Townsend the club rejuvenated hopes of staying in Premier League but have failed to do so till now.
With 8 games remaining can Newcastle stay in Premier League ? when asked Mike Ashley added, Benitez is the right man for the job, he’s the last hope,Let’s hope Rafa can do it.
“Eventually, we will have some good times again.”
With only 8 games left, it is a do or die situation for the team and the acid test for the new incoming manager Rafa Benitez, So let’s wait and see the outcome of Newcastle United future.