Newcastle United boss Alan Pardew feels they're now enjoying a greater sense of stability.
He believes a largely unpopular self-sufficiency strategy introduced by owner Mike Ashley and MD Derek Llambias will safeguard the Magpies against the problems that have plunged both Portsmouth and Rangers into administration.
“Compared to a lot of other football clubs we are in a good place. You have to worry after what has happened last week that a couple of other clubs could be in trouble this summer - but we are not in that position.
“That is down to Mike and Derek. That policy of buying younger players and being very tough with contracts and shifting the power a little bit from players back to the club has proved so far to be successful.
“There are a couple of other models that have been similar. Spurs have gone down that line and bought young players but are now in a position where they can actually buy experienced players.
“I think, hopefully, that is now the next phase for us. Where we are right now-we are pretty healthy."Pardew said: ”The strategy Mike Ashley and Derek Llambias have followed has put the club in a position of relative financial strength.
