Pardew Hails Ashley's Debt Reduction!

Last updated : 29 March 2011 By Footy Mad - Editor

Alan Pardew: “We release our figures on Wednesday from the Championship year which I am hoping will read well and obviously with the sale of Andy Carroll we are starting to redress some of the big financial problems that there were here.

“Under their regime, their brief to me has been one where we need to sign younger players that carry value and that the club financially is on a stable footing and that it isn’t put at risk.

“Having said that we want the best possible team we can get and my job is to put pressure on Mike and (managing director) Derek (Llambias) to give me the best possible opportunity to make the best team I can and hopefully challenge at some point for trophies and for Europe.

“We must get over the line first and then we will get the opportunity to spend that money and strengthen the team as a whole.

“I think Mike Ashley has made that commitment that the money will go back into the club and I am sure 100 per cent that it will.

“That will be the real test certainly for me as the manager that the money is spent wisely and that we don’t make the mistakes that have been made here in previous regimes on some of the buys.”