Report: Newcastle United have money to spend in January

Newcastle manager Rafael Benitez

Newcastle United are set to be handed money to spend in the January transfer window.

General view outside St James' Park

According to a report in the Chronicle, Newcastle United will have money to spend in January, despite their summer splurge.

Newcastle have already made six new signings throughout the transfer window so far, and they have spent more than most Championship clubs.

Newcastle are still set to bring in two more players this summer, with Rafael Benitez hunting for another striker and a winger.

Newcastle United manager Rafael Benitez during the press conference

Newcastle reportedly are pleased with the squad that they have assembled at St. James’ Park.

However, if things do not go according to plan, Newcastle will apparently have the funds to reinvest in January.

Newcastle are set to sell Moussa Sissoko soon, while they have also raised funds from the departure of Georginio Wijnaldum to Liverpool.

Georginio Wijnaldum scores the third goal for Newcastle from the penalty spot

Those sales mean that Newcastle have money to renovate their squad should they need to in the new year.

The bookies do not expect Newcastle to need new additions in January, as they are currently the heavy favourites to win the Championship this season.

Newcastle manager Rafael Benitez

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