By Amir Mir

Steven Taylor has claimed the reason he left Newcastle was because he wasn’t a financial asset and called the Magpies a “business club.”

Defender Taylor left Newcastle in June on a free-transfer after 21-years of service at his boyhood club.

The 30-year-old joined MLS side Portland Timbers in July, but has now given his reasons for leaving, despite being offered a pay-as-you-play deal to continue.

“Newcastle United is a business club,” said Taylor in the Chronicle. “You can bring in players who are worth money, but I didn’t cost anything. You have to get assets to keep the value.

“I had been loyal to Newcastle since I was a nine-year-old lad, so to come out of that was a big risk.

“However, I do hope they do bounce back. They have had a hard few years and I want to wish them all the best – but I want to focus on my new life.”

Taylor was plagued by injuries at the back-end of his Newcastle career, and the centre-back only made 25 starts in the last three years.

After joining the club aged nine, Taylor made his debut for the Magpies in the 2004 UEFA Cup against Spanish side Mallorca as a teenager.

He went on to make 267 appearances for Newcastle, and helped the club win promotion from the Championship in the 2009/10 season.

In other Newcastle transfer news, supporters react on Twitter after goalkeeper secures new four-year deal.