Newcastle: Keith Downie drops budget request

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An exciting claim from Newcastle United has emerged regarding their plans for the next transfer window…

What is the speech?

Sky Sports reporter Keith Downie has hinted that PIF will be looking to spend more than £50m on the market this summer, without going overboard in their dealings.

He told GIVEMESPORT: “I think their plan is to run it like a business and I think their plan will be to keep costs as low as possible.

“I highly doubt they will manage to keep it at £50m, but I think what they will try to do is bring in some money, in terms of player sales as well.”

Fans will be delighted

Newcastle fans will surely be delighted with this claim.

Last summer, the only senior addition to the squad was the £25m signing of Joe Willock from Arsenal. He joined on a permanent basis after spending the second half of the 2020/21 campaign on loan and was the only player brought in by Mike Ashley to bolster Steve Bruce’s squad.

Should Newcastle spend more than £50m?

Yes

Yes

Nope

Nope

Lack of investment in the squad came back to bite Sports Direct supremo as the Toon just became the Fourth team in Premier League history to fail to win any of their first 14 matches of a top-flight season.

In the last 14 games in the top flight, however, Newcastle have collected 31 points and sit third in the table behind Manchester City and Liverpool.

The difference between these two games? Eddie Howe’s appointment and the January transfer window. PIF came to take over the club from Ashley and invested in the team bringing Kieran Trippier, Dan Burn, Matt Targett, Bruno Guimaraes and Chris Wood to the winter market.

Their work in January gave Howe the ammunition he needed to get Newcastle to safety and he did just that, with the Magpies currently 14 points clear of the bottom three. It suggests the signings earlier this year have given the club a huge boost, and it should save them from relegation.

Therefore, fans will be excited at the prospect of PIF losing over £50million on new signings, as it means Howe will be backed again and given what he needs to take the Toon to the next level. He won’t be suspended like Bruce was by Ashley, which is why fans will be thrilled with the owners’ plans.

They will also be buzzing with claims that PIF still wants to run the club like a business and will not risk Newcastle’s financial future. The Consortium isn’t looking for instant success that could lead to irreversible financial damage later, and this measured and thoughtful approach will surely appeal to the fan base as it shows ambition and clarity about what the owners want to do.

AND in other news, the reporter reveals two names on Newcastle’s transfer ‘list’, Eddie Howe will be delighted…

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