Eddie Howe admits Bournemouth were upset to lose Ritchie

Bournemouth manager Eddie Howe

Bournemouth sold the winger to Newcastle United earlier this summer.

Bournemouth's Matt Ritchie in actionBournemouth's Matt Ritchie in action

Bournemouth manager Eddie Howe has admitted to talkSPORT that they could not compete financially with Newcastle United when the Geordie club targeted Matt Ritchie this summer. 

The winger has been one of the star men for the Cherries over the years, playing a key role in their rise to the Premier League since joining in 2011.

Richie was particularly impressive last season as Bournemouth quickly adapted to life in the top flight and comfortably avoided relegation.

Bournemouth's Matt Ritchie has a shot at goalBournemouth's Matt Ritchie has a shot at goal

However, he was quick to drop back down to the Championship this summer as Newcastle United made a move for his services.

Newcastle paid £12 million for his services, and Howe has admitted that the Magpies financial clout meant his side could not keep their man.

“We weren’t happy to let him go, Matt is an outstanding player,” he told talkSPORT.

“But the reality is that we just could not compete with Newcastle’s finances and Matty expressed a desire to leave. We wish him all the best in his new career at Newcastle.”

Bournemouth's Matt Ritchie in actionBournemouth's Matt Ritchie in action

It now remains to be seen whether Ritchie can be a success for Rafa Benitez’s side this season.

Things did not get off to a strong start on Friday as they were beaten 1-0 by Fulham in their opening game of the season.

Ritchie in particular struggled to impress, but given that he managed 16 goals the last time he was in the division, he will be confident of hitting top form before too long.

Bournemouth's Matt Ritchie applauds the fans after the gameBournemouth's Matt Ritchie applauds the fans after the game

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