Luke Edwards posted a new update on Newcastle’s budget ahead of PIF’s first transfer window on Tyneside.
What is the talk?
The Telegraph Journalist claimed the Magpies “can always spend more” than their pre-set January budget if a “box office” player becomes available in the Winter Market.
He made the claim in response to his own exclusive stating they had a Â£ 50million transfer war chest for January as PIF looks to take action to improve the squad midway through the season.
Will Newcastle make a marquee signing?
Newcastle fans will surely be delighted with this update from Edwards. For starters, they will be thrilled with the initial report that the club are preparing to shell out Â£ 50million in January, as Mike Ashley only made one signing, Joe Willock, this summer for 26.4million of pounds sterling.
The midfielder spent the second half of last season on loan from Arsenal, meaning the Magpies haven’t added any new senior players to the squad over the summer. Converting Willock’s loan into a permanent deal was the first team’s only incoming venture, with Newcastle failing to bolster any area of ââtheir squad from the one that finished the 2020/21 campaign.
Therefore, fans will be buzzing at the thought of such a large sum being spent in January to improve the squad. This will give Steve Bruce, or whoever potentially replaces him in the dugout, extra firepower to attack the second half of the season in a bid to avoid relegation and move higher in the Premier League table. .
Fans will also like Edwards’ extra point on a potential marquee signing. His comment shows that PIF is ambitious and ready to invest the money needed to make significant improvements to the team, as they are willing to pay more than they originally planned if an opportunity arose to bring a big one. name at St. James’ Parking.
It remains to be seen what defines a ‘box office’ player for PIF, with figures like Raheem Sterling, Mauro Icardi, Gareth Bale and Timo Werner touted with moves at the club. For example, would they splash to sign Icardi? What about Sterling? January could be a very interesting and exciting window for Newcastle fans and Edwards’ commentary will only add to the levels of excitement that are bubbling up.
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