Newcastle United latest: Pardew safe - and handed £60m transfer kitty

All the latest news, views and transfer rumours from St. James' Park...

Newcastle's 2-1 defeat at Liverpool on Sunday capped off a miserable second half of the season for Alan Pardew's men, as the Magpies ended the campaign with six defeats in the final seven games. The game at Anfield could have been the last in a Newcastle shirt for long serving striker Shola Ameobi, and if so, then it was marred by a bizarre sending off. The Nigerian is out of contract this summer and it appears that he will leave Tyneside in the coming month, leading Pardew to praise his service to the club.

"It is disappointing for Shola because we assume it might be his last game and I think he was terrific in everything he did. It was a shame that that's happened to him, and if the ref had handled that better he'd have finished the game like he should have. It's very disappointing for him and for our fans because he's one of the finest players I've managed," said Pardew.

Ameobi could be followed out of the club by midfielder Dan Gosling, who is currently in talks over a deal to sign with Championship side Bournemouth. The 24-year-old has been a bit part player this season and was even loaned out to Blackpool to get him some first-team football, but with his contract expiring this summer, he is set to drop down a division to join Eddie Howe's ambitious Cherries.

Ameobi's departure will set the tone for a summer of rebuilding at St. James' Park, with Pardew set to embark on a rebuilding process in order to solve the issues that have seen Newcastle struggle so desperately since the turn of the year. Despite his, Pardew will keep his job at the club and will now seemingly even be allowed to splash out £60m this summer to buy new players.

The primary areas of concern will be to replace midfielder Yohan Cabaye, who was sold to Paris Saint-Germain in January, and to inject some goalscoring threat to the side, with striker Loic Remy poised to move on this summer.

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