April 26, (THEWILL) – Newcastle United are set to back new manager, Eddie Howe, in the transfer market with a significant budget in the upcoming summer window.
According to reports monitored by THEWILL, the club has a two-tier budget plan depending on their final position in the English Premier League standings this season. With a top-four finish and UEFA Champions League qualification, the budget could be as high as £150m.
The Magpies are currently sitting in third place, level on points with Manchester United in fourth, but with a game in hand. A strong finish to the season could see Newcastle bolster their squad with a big spending spree. Howe, who took over from Steve Bruce in March, has reportedly identified a defensive midfielder and a left-back as his priority targets in the summer transfer business.
Newcastle’s recent 6-1 thrashing of Tottenham Hotspur has further boosted their hopes of European qualification. With the potential for significant financial backing, Howe will be looking to build a squad capable of competing on multiple fronts next season.
Jude Obafemi is a versatile senior Correspondent at THEWILL Newspapers, excelling in sourcing, researching, and delivering sports news stories for both print and digital publications.