Why latest £50m report is fantastic news for Benitez and Newcastle

Newcastle United look destined to remain in the Premier League for another season, in what must be considered as a remarkable achievement by Rafa Benitez.

And in order to keep the Spanish manager at St. James’ Park, the Daily Mail is reporting the club will offer him a £50 million war chest — an astute move by the club’s ownership.

Supporters have long decried the club’s lack of willingness to back Benitez in the transfer market, imagining the highs Newcastle could hit with proper investment.

A constant feature of past transfer windows has been Benitez publicly airing his grievances about the weak financial backing offered to him. In the Premier League, clubs have consistently outspent the Magpies, leaving Newcastle worryingly looking over their shoulders.

But even with the absence of big-money signings, Benitez has worked wonders at Newcastle. In a season when even newly-promoted Fulham flexed their financial might and spent over £100 million, Benitez has admirably steered Newcastle clear of danger after a poor start.

It is understandable that other clubs will be viewing Benitez as a potential managerial target this summer, but with a renewed statement of intent from Newcastle’s higher-ups, the Spaniard should be content to stay at St. James’ Park.

With £50 million to spend, Benitez can transform the Magpies from a side that battles relegation to one that can push for a top half finish.

Finally, the former Liverpool manager will be able to buy players of top quality, spelling good news for all involved with Newcastle United.

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