Newcastle will play in the Championship next season after getting relegated from the Premier League.
The Magpies got relegated from the Premier League at the end of the 2015-16 campaign and will feature in the Championship next season.
“Again, I will say it is dangerous to talk about the budget,” Benitez told The Chronicle when asked about Newcastle’s budget and if that budget will be buffered if players are sold.
“If we talk about the budget in public then every club and every agent knows how much you have to spend. That doesn’t help Newcastle United.
“We have money to spend where we need to and we don’t have to sell, so we are in a very strong position.”
It makes sense for Benitez not to declare in public how much money he can spend in the summer transfer window.
If the budget is made public, then negotiations with other clubs and agents will be very tough, as they will try to get as much money as possible out of Newcastle.
What is clear from the former Liverpool and Chelsea manager’s comments is that money will not stop him from signing the players needed to get Newcastle back to the Premier League.
Newcastle are one of the biggest clubs of England, but they will find it hard in the Championship next season.
The Championship is a very tough and rigorous league, and Benitez will have to have a squad that can cope with the competitive nature of the division.
The Magpies will start the 2016-17 season as one of the favourites to finish in the top two of the league.