Newcastle United

Newcastle United: Journalist claims PIF ready to push boundaries

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Journalist Dean Jones has claimed that the Newcastle board are ready to push the boundaries in terms of transfers in the summer.

Despite Newcastle United being the richest club in world football, after they were taken over by Saudi ownership, Eddie Howe is reportedly only set to be given a £90 million budget and the rest of the business may have to be done via initial loan deals, ahead of the 2022/23 Premier League season.

The Magpies have been heavily linked with several players, the main targets are reportedly Hugo Ekitike, Jordan Pickford, Jesse Lingard, and Ismaila Sarr, but with the reported budget, signing these four players may be unachievable.

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With the reported budget that Howe may have at his disposal, Jones highlighted to GiveMeSport that the club may go down the loan route, and then sign them on a permanent deal in the future.

“My understanding is that they are going to push the FFP rules to the limit and they’ll do whatever they can, but they also don’t want to get caught out.

If they don’t spend hundreds of millions of pounds in this market, that’s because they’re going to find some smarter ways to go about their business. One of those ways will be to look at the loan market. Even if it’s a signing that they intend to have permanently over five years, it might be that it’s dressed up as a loan in the first place,” Jones said.

TIF Thoughts on Dean Jones’s comments…

Eddie Howe has transformed Newcastle since he took over, they were sitting firmly in the bottom three when he was appointed as manager, but after some impressive summer transfers, he has turned things around and they currently sit 13th in the table.

With the ambitions of the club, it may have come as a surprise that Howe only has £90 million to spend in the summer, but the club has to be careful not to break the financial fair play rules whilst investing in the squad.

However, one thing that could easily increase the summer spend would be to sell unwanted players.

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