Newcastle unlikely to splash the cash in summer transfer spending spree
Newcastle United will not be spending piles of cash on expensive players this coming summer transfer window.
As Leeds' defeat to Chelsea confirmed Newcastle's place in the Premier League next season, manager Eddie Howe was cautious when quizzed on whether the club's Saudi-backed owners will be investing heavily in player recruitment.
Financial Fair Play restraints will keep the club in check, as they attempt to negotiate Premier League profit and sustainability rules, which limits clubs to record total losses of £105million over a three-year period.
After spending over £90million in January on Chris Wood, Dan Burn, Kieran Trippier, and Bruno Guimaraes, plus loan signing Matt Targett, it has been rumoured that the summer's budget could be between £60m and £80million. Which admittedly is still better than a poke in the eye with a sharp stick.
Asked about reports that his budget will be slightly smaller, Howe said: "There's an element of truth in that.
"That is not an option for us. The more money you spend in one window, the more it impacts your ability to then spend in windows beyond.
"The rules are there to govern the game properly and we have to follow suit, so that does impact what we can do this summer.