Liam Kennedy has dropped some worrying Newcastle United transfer insight involving the Kingdom of Saudi Arabia’s (KSA) Public Investment Fund (PIF).
The Lowdown: Busy days ahead
With just over a week left until the January transfer window closes, it promises to be a very busy next few days for the St. James’ Park faithful.
With just Kieran Trippier and Chris Wood brought in so far, more reinforcements are needed in the North East in order to give them the best possible chance of staying up.
Jesse Lingard, Matt Targett and Diego Carlos have all been linked with moves to Tyneside recently, suggesting that the consortium are still looking for a new midfielder, left-back and central defender to bring in.
The Latest: Kennedy insight
As per Newcastle World journalist Kennedy, clubs are seeing that the Magpies have a lot of money at their disposal, and so are now increasing prices for their players that the Toon are interested in:
“Think mostly long-term. Not short.
“Thing is, I’m told, this is biggest obstacle #NUFC face in doing deals, particularly with clubs abroad.
“They see NUFC & immediately it’s money.
“PIF don’t work like that, despite their incredible wealth. Probably largely why it keeps increasing.”
The Verdict: Worrying
It is certainly worrying for NUFC that clubs are increasing the price of their players, as they simply do not want to overspend.
Yes, they have a lot of cash at their disposal, but PIF will want to be sensible with it and not be bullied into paying an extra few million pounds just because teams know that the money is there.
Nonetheless, they will now have to be shrewd in the market with just over a week remaining, and do their business smartly as they look to find the gems that will keep them up.
In other news, find out what this reliable journalist has been told about one Newcastle target here!