Newcastle has hit back at fans that have criticized the club for the lack of transfer news with just one addition to the senior squad this season. Joe Willock joined the club and has signed a six-year deal for £25m. He enjoyed a successful loan spell last season in the Premier League under Steve Bruce. The ambition of the club has been questioned by the fans with the lack of transfer dealings at the club. This made the club release a statement defending their “spend what we have” policy.
“Our commitment to being run in a sustainable manner, which secures the financial viability of the club, is a longstanding one,” a statement by Newcastle regarding the lack of transfer news read. “This does not come at the expense of being ambitious, and it is built on the core principle that we will spend what we have. The last two years have been challenging, with Covid-19 having a considerable impact on the club’s finances and therefore the amount of cash we have available to spend. Internally, all parties have long been aware of the budgetary parameters under which we are operating.”
“Ahead of the summer transfer window and having made a significant impact after arriving on loan in January 2021, Joe Willock was identified as the club’s primary target.” the statement added. “The deal to bring Joe Willock to the club was formally completed on Friday 13th August 2021 and we are beyond delighted to have secured him. Our preference to pay transfer fees upfront, rather than spreading payments over several years, is well documented. We believe this approach to be in the club’s long-term interests, giving the club far greater certainty and control over its spending in future windows and seasons.”
Also, Read Chelsea: Emma Hayes insists her side won’t be distracted by WSL