Money is there to spend for Alan Pardew at Newcastle United

LOADSA MONEY AND NO MONEY (YET): Manchester City's manager Manuel Pellegrini (right) and Newcastle United boss Alan Pardew
LOADSA MONEY AND NO MONEY (YET): Manchester City's manager Manuel Pellegrini (right) and Newcastle United boss Alan Pardew

ALAN Pardew insists there IS money to spend at Newcastle United - whether Yohan Cabaye stays or not.

Pardew this week met owner Mike Ashley and director of football Joe Kinnear in the south of France.

And United’s manager is hopeful of at least one new arrival before the summer transfer window closes on September 2.

There are concerns among fans that Newcastle’s remaining business hinges on the funds the sale of midfielder Cabaye - who is wanted by Arsenal and Paris Saint-Germain - would bring in to the club.

But in this week’s meeting Ashley again insisted there is money to spend - if the right deal can be found.

Asked if United needed to sell to buy, Pardew said: “No. I think the will is there to bring in a player – maybe two – if nothing else went out the door.”

Newcastle - who face West Ham United at St James’s Park tomorrow - have made just one loan signing – forward Loic Remy – this summer. The club’s net spend is around £1.25m, despite the increase in TV broadcast revenues.

By contrast, the likes of Southampton, Swansea City, Norwich City – club’s United would be expected to outspend in the transfer market – have invested heavily.

Asked if he could understand the frustration of supporters, he said: “Yes, but I think in some ways the Remy deal has been a bit unfair.

“He’s injured. He would have given us a different reflection.

“I don’t care how you weigh it up, it’s a great deal, but we’re all aware that we need a couple more, and that is something that could be impacted by Cabaye’s transfer.

“It’s not straightforward. It’s not like we need two, so let’s go out and get two.

“We need to be on our guard against other players being targeted, so it’s a moving feast. Therefore you have to be ready and we met on Tuesday to be ready.”