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Newcastle ‘paying out £100,000 a WEEK to players no longer with the club’ after Eddie Howe’s side moved quickly to shift deadwood over the summer, while Dwight Gayle ‘still raises £40,000 a week’ on loan from Stoke despite it he didn’t score this season
- Newcastle are reportedly still paying large sums to players who are no longer with the club
- The Magpies are believed to spend over £100,000 in wages every week
- Dwight Gayle, Isaac Hayden and Jeff Hendrick are among those involved
- The club moved quickly in the summer transfer window to shift dead wood
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Newcastle pays more than £100,000 a week to players who are no longer with the club, according to a report.
Players such as Isaac Hayden and Dwight Gayle all left the Magpies on loan in the summer when the club were unable to move them permanently and wanted to shorten the squad.
But according to The Telegraphthe club still pays a large amount of wages to several players who loaned the club during the summer transfer window.
Newcastle reportedly pay players who are no longer with the club more than £100,000 a week
Stoke’s Dwight Gayle would receive £40,000 of his £60,000 wages from the Magpies
All players temporarily away from the club were brought in by Newcastle’s previous owners before a consortium led by Saudi Arabia’s Public Investment Fund took over last October.
Manager Eddie Howe made it clear that several of those players were no longer part of his plans, and the club acted quickly to shift the deadwood.
Gayle is one of the players still paid by Newcastle, with the Stoke City mercenary earning £60,000 a week, of which Newcastle pays £40,000.
Newcastle are believed to pay almost all of Jeff Hendrick’s £50,000 a week wages while on loan at Reading, and £30,000 of Hayden’s £50,000 a week wages at Norwich City.
The problems were reportedly caused by long contracts handed out by former owner Mike Ashley
Ciaran Clark (left) and Isaac Hayden (right) are others paid by Newcastle while on loan
The Magpies are also thought to pay two-thirds of Federico Fernandez’s wages while at Elche, and the same is true for Ciaran Clark while at Sheffield United.
It is believed Newcastle made the decision to support their financial fair play status and to try to get the moves through quickly.
They would have been overtaken by previous owner Mike Ashley’s decision to hand out long contracts, especially when the club was promoted in 2016.
Newcastle signed nine players in the summer transfer window for a combined £200 million.