Transfer Funds Cause Benitez Friction With Newcastle Chief

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Newcastle United face an anxious wait to see if manager Rafa Benitez will extend his stay on Tyneside, according to local newspaper the Newcastle Chronicle.

Magpies owner Mike Ashley knows the Spaniard is signed to the club until the end of the 2018/19 season but with manager jobs coming up on a regular basis, the tensions between manager and chairman might force Benitez’s exit sooner.

It’s understood that the former Real Madrid coach is frustrated over Newcastle’s peculiar manner of working out their transfer budget. Mike Ashley insists on paying all fees up front with sales received on an instalment basis. It reduces the Spaniard’s funds for strengthening his squad to ensure the Mapgies stay in the top flight.

Benitez is a cult hero with the Toon Army, inspiring the Magpies to the Championship title last season. The club’s directors are also admirers of his approach to management and want him to stay.

There were concerns at the start of last season that the manager would walk away but after talks with Ashley, Benitez stayed and led the club to glory. Leaving due to disagreements with the board would not sit well with the Gallowgate End.

That’s one crisis Newcastle, one of the best-supported clubs in the country, are keen to stave off.