Newspaper article Evening Chronicle (Newcastle, England)

Mission Statement Released Outlining United's Future Strategy

Newspaper article Evening Chronicle (Newcastle, England)

Mission Statement Released Outlining United's Future Strategy

Article excerpt

NEWCASTLE UNITED have released a fresh mission statement detailing their plans for the future.

The report echoed the Chronicle's Q & A session with the board in September and once again said: "The days of Newcastle acquiring 'trophy' signings who command huge salaries for past successes on the pitch are over.

United stated their plans for the future, but insisted: ? THEY will not be "reckless" in the transfer market.

THE club will continue to work with their youth development plan and hope for more youngsters like Sammy Ameobi, Shane Ferguson and James Tavernier. ? THE club have expanded analytical equipment at the Training Centre and undersoil heating on pitches will allow the club to achieve "maximum performance on the field".

THE board are committed to the long-term and have made the club "healthier".

MIKE Ashley paid off transfer fees for players who had already left the club on his arrival in 2007.

The document revealed that United's wage bill has risen by seven per cent after the Magpies' summer transfer business and new deals for the likes of Cheick Tiote.

The United board also paid tribute to the work done by Alan Pardew and John Carver, while chief scout Graham Carr was also singled out for praise.

United expect to break even this year on the financial front but say they made an operating loss of pounds 4.7million. But the club say they will not be reckless in the transfer market and have a "strict spending policy."

Looking ahead to the future the board statement read: "Over the coming year we will continue to build the club sustainably - on and off the field.

"We have a realistic view of what we can achieve at Newcastle and the time frame required to achieve it.

"We have a strict spending policy and will not take a reckless approach which permits spending beyond our means. …

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