🔗 Share this article The Reasons Saudi Money Hasn't Turned The Magpies into Title Challengers The Newcastle manager isn't typically prone to histrionics or sweeping media pronouncements. Based on his usual demeanor, his press conference after the weekend's 3-1 defeat qualifies as a furious tirade. Newcastle scored first but the opposition were ahead by half-time, while also hitting the post and seeing a spot-kick overturned by VAR, leading Howe to execute a three substitutions at the half-time. “The opening period was particularly irritating,” the coach stated. “Virtually any player could have been substituted and I believe that was a reflection of where we were at that stage in the game and it's extremely uncommon for me to have that impression. Actually, I cannot recall I have during my tenure as manager of the club, therefore I believed the team needed some shaking up at half-time. This explains why I did what I did.” Three key players all came off at half-time and the team did stabilise to an extent in the latter period, but never appearing like they could fight back into the game against a side that had won only one of their previous nine fixtures. Given the congestion the centre of the table is, with just three points dividing third from 11th, and a nine-point margin between the upper and lower ranks, a run of twelve points from 10 games has not placed Newcastle adrift but, similarly, they must not finish the season in thirteenth place. The Problem of Expectations The challenge partially is one of public view. With the Saudi PIF, the club possess the richest owners in the globe. The expectation at the time the PIF bought a majority stake of the club in recent years was that it would have a transformative effect, as the former Chelsea owner achieved at Stamford Bridge or Sheikh Mansour had at Manchester City. The difference is that both of those investors took over before the introduction of financial fair play regulations (while the ongoing allegations against Manchester City relate to whether they violated those guidelines after they were in place). Financial regulations limit the ability of owners, however rich, to invest funds on their teams and therefore likely would have slowed every Middle Eastern attempt to elevate the team to the level of City. But it wasn't necessary for the club's expenditure to have been quite as cautious as it has; they might have invested further and remained within the limit – or just accepted a fairly minor Uefa fine given their major problem is primarily with the continental than the Premier League rules. Stadium Investment and Financial Regulations Additionally, stadium development is excluded from Profit and Sustainability assessments; the simplest method to increase revenue to generate additional PSR flexibility would be to extend or redevelop the stadium. Considering the location of the home ground, with protected structures on two sides, practically that likely implies constructing an completely new stadium. Rumors circulated in March of potentially making the short move to Leazes Park – resistance from local groups might have been surmounted with a commitment to build a new park on the existing stadium site – but there has not been any progress on that proposal. There has occurred significant cutbacks from the PIF on a range of initiatives as it refocuses on local investments; the attitude to Newcastle seems entirely in keeping with that strategic shift. Player Sales Saga The Alexander Isak episode was born of that conflict. A bolder management might have framed his transfer as necessary to free up funds for further spending; instead there was a vain effort to keep him. That meant Newcastle began the season amid a sense of frustration even with the signings of Woltemade, Yoane Wissa, Jacob Ramsey, Malick Thiaw and Anthony Elanga. The start was mixed: one win in their first six games. Yet it appeared a corner had been turned. They had won five in six before Sunday, a streak that included convincing wins of Union Saint-Gilloise and a Portuguese club in the Champions League. That’s why the display against the Hammers was so surprising. The issue perhaps is that Newcastle’s style is very aggressive, very high-octane; a minor decrease in energy can have significant consequences. Maybe the pressure of domestic, Champions League and Carabao Cup competition, five games in 15 days, had taken its toll. The German forward featured in each of those matches and looked especially weary. Reality of Modern Soccer This is the nature of modern the sport. Managers have to be ready to rotate. The manager has been unfortunate that Wissa’s injury has meant he is short of attacking options but, regardless of how valid the explanations, Sunday’s showing was inexcusable –especially after taking the lead at a stadium ready to criticize its own side. The Newcastle boss will wish it was just a blip, one of those days when all players is below par simultaneously, but if Newcastle are to secure the Champions League next season, not to mention one day launch an genuine title challenge, they cannot be as unreliable as this.