Why Middle Eastern Money Hasn't Transformed Newcastle into Title Contenders
The Newcastle manager is not given to dramatics or grand media statements. So by his usual demeanor, his media briefing after Sunday’s loss to West Ham counts as a furious tirade. His side took an early lead but West Ham were ahead by half-time, while also hitting the post and seeing a spot-kick overturned by VAR, prompting Howe to make a three substitutions at the half-time.
“That was the frustrating thing about the first half,” Howe said. “I almost could have taken anyone off and I believe this indicated of where we were at that stage in the game and it’s very, very rare for me to have that impression. In fact, I cannot recall having done so during my tenure as head coach of the club, so I felt the team required a significant change at the break. That’s why I did those decisions.”
Three key players all came off at the interval and Newcastle managed to steady somewhat in the latter period, but never really looking like they could get back into the game against a side that had secured just a single victory of their last nine league matches. Given the congestion the middle of the standings currently is, with a mere three-point gap separating third from 11th, and a nine-point margin between second and 17th, a run of twelve points from 10 games has not placed the Magpies stranded but, equally, they cannot finish the season in thirteenth place.
The Issue of Expectations
The challenge partially is one of public view. With the Saudi PIF, the club possess the wealthiest owners in the globe. The assumption when the Saudi fund acquired a majority stake of the club in recent years was that it would bring a transformative effect, similar to Roman Abramovich had at Chelsea or Sheikh Mansour did at the Etihad. The difference is that both of those owners assumed control prior to the advent of FFP rules (while the ongoing charges against Manchester City concern whether they violated those guidelines after they were implemented).
Financial restrictions limit the ability of owners, no matter how wealthy, to invest funds on their teams and therefore likely might have hindered any Middle Eastern attempt to elevate Newcastle to the level of Manchester City. However there is no need for the club's spending to have been quite as cautious as it has; they might have invested further and remained within the limit – or simply taken a fairly minor European fine since their major issue is more with the European than the domestic rules.
Infrastructure Spending and PSR Rules
Besides which, stadium development is exempted from PSR assessments; the easiest method to raise income to generate more financial headroom would be to expand or redevelop the stadium. Considering the site of St James’ Park, with listed buildings on multiple sides, practically that likely means constructing an completely new stadium. There was talk in March of possibly making the nearby relocation to a local park – opposition from local groups could surely have been surmounted with a promise to build a replacement green space on the existing stadium site – but there has not been any progress on that plan. There has occurred significant retrenchment from the PIF on a variety of projects as it shifts focus on domestic affairs; the approach to Newcastle appears completely in keeping with that strategic shift.
Player Sales Situation
The Alexander Isak episode was arose from that conflict. A bolder leadership might have framed his sale as necessary to release capital for additional spending; rather there was a vain attempt to keep him. This resulted in the team began the season amid a sense of disappointment despite the signings of several new players. The opening was indifferent: a single victory in their initial six fixtures.
Yet it seemed a turning point had been turned. They had won five in six prior to the weekend, a run that featured demolitions of a Belgian side and a Portuguese club in the Champions League. This explains the performance against the Hammers was so surprising. The issue maybe is that Newcastle’s approach is extremely intense, high-energy; a slight drop-off in intensity can have significant consequences. Maybe the strain of domestic, Champions League and Carabao Cup competition, five fixtures in a fortnight, had taken its toll. Woltemade started each of those games and looked especially weary.
The Nature of Contemporary Soccer
This is the reality of today's the sport. Managers must be ready to rotate. The manager has been unlucky that the forward's injury has meant he is lacking attacking options but, no matter how reasonable the reasons, the weekend's showing was unacceptable –particularly after scoring first at a stadium ready to turn on its home team.
Howe will hope it was just a blip, one of those days when everybody is off-colour at once, but if Newcastle are to secure the Champions League next season, let alone eventually launch an genuine championship bid, they must not be as unreliable as this.