Newcastle ‘paying out £100,000 per WEEK to players no longer at the club’ after Eddie Howe’s side moved quickly to shift dead wood in the summer, with Dwight Gayle ‘still picking up £40,000 weekly’ at Stoke despite not scoring this season
- Newcastle are reportedly still paying large sums to players no longer at the club
- It is believed the Magpies are forking out more than £100,000 on wages weekly
- Dwight Gayle, Isaac Hayden and Jeff Hendrick are among those involved
- The club moved quickly in the summer transfer window to shift dead wood
Newcastle are paying more than £100,000 per week to players no longer at the club, according to a report.
Players such as Isaac Hayden and Jeff Hendrick left the Magpies on loan in the summer when the club were unable to shift them permanently and wanted to trim the squad.
But according to The Telegraph, the club are still paying large amount of wages to several players that left the club on loan in the summer transfer window.
Newcastle are reportedly paying players no longer at the club more than £100,000 per week
Stoke’s Dwight Gayle is said to be receiving £40,000 of his £60,000 wages from the Magpies
All the players away from the club on a temporary basis 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 moved quickly to shift the dead wood.
Gayle is one of the players that is still being paid by Newcastle, with the Stoke City man earning £60,000 per week, of which Newcastle are paying £40,000 of.
It’s believed Newcastle are paying almost all of Jeff Hendrick’s £50,000 per week wages while he is on loan at Reading, and £30,000 of Hayden’s £50,000 per week wages at Norwich City.
The issues were reportedly caused by long contracts handed out by former owner Mike Ashley
Ciaran Clark (left) and Isaac Hayden (right) are others being paid by Newcastle while on loan
It is also thought the Magpies are paying two thirds of Federico Fernandez’ wages while he is at Elche, and the same with Ciaran Clark while he is with Sheffield United.
It is believed Newcastle took the decision to aid their financial fair play status and to try and push through the moves quickly.
They are said to have got caught up by previous owner Mike Ashley’s decision to hand out long contracts, particularly when the club was promoted in 2016.
Newcastle signed nine players in the summer transfer window for a combined £200million.