Pardew revealed he showed an interest in a home-grown player at another club, but has been forced to scrap any plans for a deal due to the price he had been quoted.
"The fees being paid for players such as Luke Shaw and, it seems, Adam Lallana, illustrates an important point that supporters need to understand,” wrote Pardew in his column for the Independent on Sunday.
"Clubs like Newcastle get accused of not signing English players, but these are prices mid-table teams in the Premier League simply cannot afford, unlike Champions League clubs with their extra revenue.
"We recently enquired about an unproven player not in the side at one of our top clubs, and we were asked £14million. He will not be joining.
"Yet we can pick up players such as Yohan Cabaye, Mathieu Debuchy and Moussa Sissoko for reasonable fees, all of who have been starring for France at the World Cup."
Well nice too know we are just a midtable team then Alan, great ambition you pleb.
Carl Jenkinson can go the other way on loan maybe, good prospect he is and English(big time cockney so you'll love that)
He'd be good for you lot but I can't see it happening. We're the two tightest clubs in the league, neither will give an inch in the negotiations. If Ashley's said £12m as been reported, no chance you're getting him for less than that.
I like Jenkinson but loaning him seems a waste of time on our part. Even without Debuchy no doubt Ashley an co. will see us as having enough full backs to get by next season.