Newcastle United boss Alan Pardew admits they cannot compete with the Premier League's biggest spenders.
Pardew admits that under owner Mike Ashleyâ€™s prudent self-sufficiency plan, Newcastle days of splashing out ÂŁ15m on Alan Shearer and ÂŁ17m on Michael Owen are consigned to the history books.
Pardew said: â€śThe problem is where we are now financially means that we can never really fulfil the expectations of the fans.
â€śThey have memories of ÂEuropean football, but the gap is getting bigger as the years go by. The top clubs are getting an influx of money at Champions League level and we have sovereign states owning football clubs.
â€śIt is becoming difficult to Âcompete with the top clubs, but that is not to say we canâ€™t compete at the level we are at. But we are always vulnerable to the bigger clubs, as Andy Carroll proved.
â€śThat makes it difficult to Âmanage but not impossible.
â€śMike Ashley (left) and Derek Llambias made it quite clear â€“ the club needs to wipe its nose and Âtherefore we havenâ€™t got investment above our income.
â€śThat is how Mike wants to run the football club.
â€śOther clubs spend more than they earn and Manchester City have been able to break into the top four for that reason. They have a sovereign state backing them.
â€śWe canâ€™t compete with that. It is very difficult. We can only Âcompete 11 v 11 on a Saturday.â€ť