Newcastle vow to keep spending big as scout Graham Carr"s search for new talent goes on

Newcastle vow to keep spending big with super scout Carr scouring the globe (possibly in disguise) for new talent

By
Colin Young

PUBLISHED:

23:06 GMT, 27 March 2013

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UPDATED:

23:29 GMT, 27 March 2013

Newcastle United have vowed to keep spending and scour Europe for new talent after re-entering the world's top 20 spenders.

And managing director Derek Llambias says chief scout Graham Carr, the man responsible for Newcastle's successful forays into France, may have to travel in disguise in his personal bid to find the best the continent has to offer.

His comments came after Newcastle announced they made a profit for the second year running in their financial figures, released yesterday. The figure of 1.4million is significantly down on last year's 32.6million, but that was largely down to Andy Carroll's 35million sale to Liverpool.

Classy: France international Yohan Cabaye has proved a superb signing

Classy: France international Yohan Cabaye has proved a superb signing

Disguise needed Newcastle's Graham Carr

Disguise needed Newcastle's Graham Carr

Newcastle, who are back among the game's big-spenders after increasing turnover by 5.4 per cent to 93.3million, increased their wage bill to 64.1million. But that 20 per cent rise is thanks to the addition of players Yohan Cabaye, Papiss Cisse, Davide Santon, Sylvain Marveaux and the recently departed Demba Ba.

Even after adding five more French players to their squad in January, Llambias has vowed to continue backing manager Alan Pardew, and the judgement of Carr in their summer's transfer window.

Although he admitted the Newcastle chief scout may have to go disguised as comedian son Alan to see off competition from Barclays Premier League rivals.

Scouted: Papiss Cisse was a surprise signing but has also impressed

Scouted: Papiss Cisse was a surprise signing but has also impressed

Llambias said: 'I think Graham Carr has more company when he is out there. He's not wearing a disguise just yet but definitely has more company. If he started wearing glasses, he would start looking like his son, Alan.

'There is still money available. There are several positions we are looking at. Next year, we will have the TV money. There is a budget to spend.

'But our transfer policy remains the same. No trophy buys. Basically, we will continue our model as it is. It works so we won't break it.

Healthy profit: Newcastle received a good fee for Demba Ba from Chelsea

Healthy profit: Newcastle received a good fee for Demba Ba from Chelsea

'We are actively looking at players and have been since October. All over Europe. It's not just France. That's been a good market for us but there are only so many you can get from there.

'There is again a profit this year and we are pleased with any profit, considering where we were in 08-09 to where we are now. It is a huge difference and we have increased the size of the squad in the meantime. We are definitely going in the right direction. We had a 17million operating loss in our first year.'