ALAN Pardew is hoping he will be backed with hard cash in the transfer market after signing a new long-term contract at Newcastle United.
Pardew and his coaching staff have all committed themselves to the club until 2020.
Newcastle have failed to land a defender in the last two transfer windows, and the club – which made bids for Lille’s Mathieu Debuchy and FC Twente’s Douglas in the summer – will again be in the market for defensive reinforcements in January.
Pardew is also hopeful of holding on to his key players, with Demba Ba’s future again the subject of speculation after the revelation he has another £7m release clause written into his contract.
“We will look for another defender in the next window, without losing anybody, but we will have to see,” Pardew said.
However, Pardew is reluctant to make promises about incoming signings. Hinting at the difficulties the club encountered in trying to sign Debuchy, Pardew added: “Assurances are difficult.
“Trying to sign a player is fluid. One minute you want to sign a player worth £3m, and then the price is £7m. You ask: Why? Why?
“You have to get your head around all of these things.”
Newcastle’s success in finding value in the transfer market has been credited largely to chief scout Graham Carr, who also signed an eight-year deal in the summer.
And while the days of signing players for £15m, for the time being at least, are gone, Pardew still believes the financial model allows for high-profile acquisitions.
He said: “What sort of signing would you call Papiss Cisse? I think it’s a trophy signing – they (the hierarchy) might not want to call it that.
“But £9m for a striker is a lot of money. You look at Premier League clubs outside the top four, and we are all spending the same money.”