The Magpies must not allow themselves to lose out on better players due to their current strict guidelines.
Currently, Newcastle's transfer policy is widely known to limit their search to foreign imports under the age of 25, targeting primarily the Dutch Eredivisie, France's Ligue 1, and Spain's Segunda División.
Whilst this policy has brought the likes of Cheick Tioté, Yohan Cabaye, Mathieu Debuchy, Daryl Janmaat and Ayoze Pérez to St. James' Park, it has also seen flops Emmanuel Rivière, Remy Cabella, and Facundo Ferreyra arrive on Tyneside, all failing to make a desired impact.
The policy comes from the Toon's top brass, who believe acquiring and developing young talent at a cut-price will lead to a bigger re-sale value in the future. However this train of thought significantly narrows the club's scouting criteria and means they are vulnerable to missing out on players who should really be on their radar.
In the wake of a dismal season, a complete squad and staff overhaul is expected this summer and with it the hope of a revised transfer policy that allows Newcastle to take on more experienced players who have a proven track record.
Fans have pleaded with their club to bring in individuals who will be able to push their side up the league regardless of their age or price tag. This is not to say that Newcastle are willing to spend silly money on veterans past their peak, but instead being open to the notion of purchasing players in their mid-20s to early 30s for a fee within reason.
An example of this is Andre-Pierre Gignac, a reported long-term target for Newcastle who at 29 is entering his peak with 21 goals in 37 Ligue 1 appearances last season. The French striker's contract is set to expire this summer and he is a perfect example of a player who the club can sign if they liberate themselves from their own guidelines.
Head scout Graham Carr has been commended for his work on Tyneside in the past but his stock has fallen this year with the dip in quality that has been brought in, barring Janmaat and Pérez.
Should Newcastle opt to change their transfer policy, the 70-year-old would be able to cast his net further and put his expertise to better use, finding players who could really make an impact not only at Newcastle but on the Premier League.
The Magpies must strike the balance between recruiting players for the future and players for the present, and that must begin this summer if the North-East outfit are to avoid a repeat of this year's dreadful campaign.
There is money to spend at St. James' Park and Newcastle must find the best players to spend it on without any boundaries in place.