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Newcastle owner reneged on promises to back the club’s transfer policy

Newcastle United fans are not happy at the moment.

Not only did Saturday’s home defeat to Brighton send them to the bottom of the Premier League table but they are becoming increasingly concerned about the club’s lack of ambition, and apparent disinterest shown by owner Mike Ashley.

Now they are likely to be even unhappy after learning that Ashley, having previously promising to back manager Rafa Benitez in the transfer market, actually took £10 million out of the club in the summer.

That is according to The Daily Telegraph who report that Ashley decided to take back part of £144 million that he had given to the club in the form of interest-free loans.  With some supporters already discussing on social media a pre-Christmas organised boycott of a home game in protest at the club’s transfer policy, the news of the funds withdrawal is likely to raise the temperature on Tyneside even more.

Meanwhile, manager Rafa Benitez, who has warned Ashley and the club’s managing director, Lee Charnley, that a relegation battle was unavoidable unless significant funds were made available to strengthen his squad, appears to have been vindicated.

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