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Newcastle defend spending record despite 35m Andy Carroll funds

06 Jul 2011 09:31:36

Newcastle defend spending record despite 35m Andy Carroll funds

Newcastle insist they are spending the ?35million generated from the record-breaking sale of Andy Carroll but won't waste it all in the summer transfer window. The North-East club have been busy in the market so far, recruiting four new players. Manager Alan Pardew has already signed striker Demba Ba and winger Sylvain Marveaux on a free, while midfielder Yohan Cabaye cost ?4.5m from Lille and Mehdi Abeid arrived from Lens. Sensible spending: Newcastle have defended their record despite banking ?35million from Andy Carroll's January switch to Liverpool And Newcastle are waiting a response from Turkey frontman Mevlut Erdinc, although the 24-year-old is set to snub a ?7million move to St James' Park and stay at Paris St Germain. An elusive big-name signing still awaits the club's supporters, however, having lost their No 9 in Carroll to Liverpool last January. But the club's managing director Derek Llambias has vowed to remain sensible with what funds are available. 'I can assure everyone that not a single penny of the ?35m has left the club and neither will it. It is all going back in,' he told the Daily Telegraph. Done deal: Newcastle have already signed Demba Ba from West ham this summer 'It is our responsibility to make sure we look after the club responsibly. 'If we spent all the money on players this summer, what are we going to do in January if we need to bring somebody else in? We are using the money sensibly.' Boss Pardew is also positive about the board's prudent stance and defended their spending. He said: 'When you sign someone like Demba Ba and Marveaux there are huge fees in there. 'Lots of money in those deals doesn't come back into the system. It goes out through agents. In the balance: Alan Pardew is waiting for an answer from Paris St Germain's forward Mevlut Erding 'We have spent a fair amount on those players, more than fans realise. 'If you add up the money and think we have not spent the ?35m you will be way off. I have to mark the cards of the fans on that one. 'We have transformed the training ground. Mike (Ashley) and Derek's backing has been excellent. 'And the noises on the last two (signings) are also positive.'  Shearer was the perfect fit for Newcastle 15 years ago, but there's no sign of their next No 9! Toon boss Pardew expecting answer over ?7m bid for PSG striker ErdincNolan wasn't worth it! Pardew sticks the boot in on Newcastle's departed captainAll the latest Newcastle news, features and opinion


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