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Report: Newcastle giving Benitez major transfer budget, 11 players set to leave this summer

Newcastle United's Spanish manager Rafael Benitez gestures on the touchline during the English Premier League football match between Newcastle Unit...
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Newcastle United are reportedly planning major changes this summer.

Newcastle United's Spanish manager Rafael Benitez gestures on the touchline during the English Premier League football match between Newcastle United and Arsenal at St James' Park in...

According to The Chronicle, Newcastle United are set to hand manager Rafael Benitez a new contract and a huge transfer budget for the summer window.

The Magpies lost 1-0 at Everton on Monday night but had won four games in a row before that defeat, effectively guaranteeing their Premier League status for next season.

Whilst Benitez has somehow got Newcastle challenging for a top half finish, but reinforcement this summer are paramount, and it seems that the Spaniard will be backed.

The Chronicle report that Newcastle will not only give Benitez a new contract, but will also hand him a major transfer budget to re-tool his squad for next season.

A general view of St James' Park during the Barclays Premier League match between Newcastle United and Tottenham Hotspur at St James' Park on May 15, 2016 in Newcastle, England.

Signing loanees Martin Dubravka and Kenedy appear to be a priority, whilst a new striker is also needed whether it’s loanee Islam Slimani or another attacker.

The report also added that a host of players are set to leave the club; loaned out misfits Aleksandar Mitrovic, Matz Sels, Jack Colback, Achraf Lazaar and Henri Saivet are all set to leave, as well as Chancel Mbemba.

It’s also claimed that Curtis Good, Jesus Gamez, Massadio Haidara, Stuart Findlay and Yasin Ben El-Mhanni will be released when their contracts expire this summer, freeing up space in the squad and on the Newcastle wage bill.