Dennis Wise ensures Toon miss out on Milner money.
Posted on May 21st, 2010 | 88 Comments |
Dennis Wise is not remembered with great affection around Newcastle after his part in the fiasco which brought the club to it’s knees, and ultimately cost us a Premier League place.
And it looks like the smooth negotiator has dropped another clanger that will see the club miss out on any extra income from any potential transfer of James Milner to Manchester City.
Why only yesterday I thought that the club must surely have entered some form of sell-on clause in the deal that took the then 22-year old player to Aston Villa. It’s what anyone would do right?
Surely a player of such a young age will move on again at some point in his career? Well that does now indeed look like it could be a possibility, but Newcastle willl not benefit from it as Dennis Wise didn’t insert a sell-on clause into the deal whilst in negotiations with Aston Villa. It appears that Villa wanted to pay £8 million for Milner, and Wise wanted £12 million. Villa said fine to that but took any sell-on clause out of the deal, which Wise accepted. Superb negotiation skills from Wise, and it makes you wonder how he was qualified to be put in such an important position within the club, despite the controversy it ended up causing.
Don’t forget, this is the man who brought us Xisco and negotiated a huge fee and salary for the player. He also brought Nacho Gonzalez to the club as a favour to an agent from South America apparently, this is aswell as scouting players on YouTube. When you look back on all this it makes the Newcastle United of today look like it’s running like a well oiled machine in comparison. Absolutely shocking.
Make no mistake, the reputation of Dennis Wise is in tatters, and he will probably struggle to get any meaningful job in football for some time. In fact he has admitted himself that his career has been destroyed by the whole scenario that unfolded in his tenure at St James’ Park, and the subsequent fall out from it.
Don’t get me wrong, Wise did do some positive things during his time with us, signing the likes of Haris Vuckic and Nile Ranger for example. But the negatives far outweigh the positives when you reflect back at his record on Tyneside, and with this latest revelation it appears that our club is still feeling the effects of apponting him in the first place.
Anyway, enough of me waffling. The late great Sir Bobby Robson sums Dennis Wise up far better than I ever could, so I will leave him to have the last word:
“My biggest disappointment was Dennis Wise, a director of football who was hardly seen at the ground, and who brought in players who were neither suitable, nor right, for Newcastle United. I forgive most people, but I am not sure I can forgive Wise for what he did to my club.”
A bird in the hand is worth two in the bush and there was no way of knowing Milner would impress so much. It would have been nice to squeak a few more mill out of it but what is the standard percentage you get for a sell on anyway as I am not sure?
BUT If we took 8 mill and 20% sell and Man C pay 25 mill for him that would be a 17 mill profit for Villa. Unless the sell on is roughly 23% we would not have made the extra 4 mill we got for him and I cant imagine the sell on % is much more than that so we have certainly not missed out on much if anything.
Whilst his reputation is in tatters i think him selling Milner in the first place was more of a contributing factor.