Newcastle United will reportedly have as much as £150m in their summer transfer budget ahead of their return to European football next season.
According to the Sun, the Magpies’ PIF owners are ready to hand the northeast side the keys to what could potentially be a crazy summer for Newcastle, with their transfer budget now being set after a fantastic season.
The Toon reached the League Cup final and are currently in the driving seat for a top-four spot, with Newcastle last weekend handing out one of the best performances and results of the year in a 6-1 demolition job against Tottenham.

With Newcastle set for a return to Europe, bulking out the squad will be of the utmost importance for Eddie Howe, who as per the report is keen to sign a defensive midfielder and a left-back, with Arsenal’s Kieran Tierney likely to be one of the Magpies’ main targets for the summer.
Indeed, Newcastle transfer budget for the summer and their growing reputation opens up a lot of possibilities for the Toon, and for supporters, the potential signings that could be made in the coming weeks are realistically endless given how much there is to spend.
Moreover, with Newcastle expected to ship off a lot of deadwood, the northeast side could dramatically increase the quality in their squad if they can replace fringe players with more exciting and proven names, a factor that could take Howe’s team to a new level.
Newcastle’s summer transfer budget could cause mayhem in the window

Having the richest owners in all of sport was eventually going to see Newcastle splash the cash, and this summer looks set to become the first window where the Magpies go to town on new signings, with a £150m transfer budget something that could cause mayhem in the market.
With a squad that needs bulking out and European football on the horizon, Newcastle could do some incredible things this summer, and many supporters will be excited and keen to see what Howe and his transfer team do in the coming weeks.
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