Speaking on the Ranks FC Podcast, Dean Jones has been discussing Newcastle United’s transfer plans and their chances in the upcoming Premier League season.
The Magpies head into this campaign with high hopes. They now have a quality squad, but they’re far from the finished product just yet.
Indeed, there are a couple of glaring holes in this squad, and according to Jones, the Magpies are prepared to spend to solve their problems.
The well-connected reporter claims that the Tyneside club have a budget of around £70m to make two more signings this summer.
What’s been said?
Jones shared what he knows about Newcastle’s budget.
“I was told basically that Newcastle have a budget of around £70m for two players. You see at the moment they’re bidding around £40m for Maddison which wouldn’t give you the budget to go for Calvert-Lewin, so we’ll have to wait and see,” Jones said.
Plenty
£70m on two players may not sound like a lot in this day and age, but if Newcastle spend it wisely they should be able to massively bolster their squad with that kind of money.
The interesting thing here is how Newcastle decide to allocate those funds.
It’s clear for all to see that the Magpies want to sign a striker and a creative midfielder, but which position do they need to spend more on?
In our view, signing a Maddison-esque playmaker is more important than a new number nine at this point. After all, Callum Wilson is more than serviceable at this level, while the Magpies currently don’t have anyone in Maddison’s mould at the club.
Dan Ashworth has plenty of money to play with, but it remains to be seen how he’ll spend his remaining budget.
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