Newcastle 'unlikely to make big-name signings this summer and set their transfer budget for squad overhaul'

NEWCASTLE UNITED are reportedly unlikely to make any big-money superstar signings this summer.

The Magpies forked out £90million in January to help stave off relegation.


And many were expecting Eddie Howe to get a blank cheque once the window re-opens at the end of the season and assuming top-flight safety has been secured.

Toon have sensationally been linked with a swoop for soon-to-be free agent Kylian Mbappe from Paris Saint-Germain.

And they are allegedly leading the race to sign Benfica forward Darwin Nunez for £60m.

However, Newcastle’s planned transfer budget is now set to be much lower than expected.

That is according to The Telegraph, who state that “preliminary recruitment meetings” have already taken place between chief scout Steve Nickson, Howe and director Amanda Staveley, who represents the Saudi Arabian Public Investment Fund owners.

This report states that “Newcastle are not planning a lavish summer spending spree” and will instead have a “pragmatic ambition” policy due to adhere to the Financial Fair Play Rules.

It goes on to state that the expected transfer budget is likely to be less than the £90m handed to Howe two months ago.

But the club are hoping to bring in three or four “better” players that will not break their current wage structure.

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Newcastle’s current top earners pocket around £100,000-a-week.

These claims are backed up by the publication, who state that they have talked with senior figures at the club as well as agents.

And it is adamant that the transfer budget will be nowhere near the one that has been speculated about.

Instead, it is more than likely to only be around £60m.

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