With Newcastle only spending loan fees in January while also not fully exhausting the previous window’s budget, there could be quite a bit to spend come the summer.
Last summer Steve Bruce was handed around £50m plus any outgoing fees to spend. The club ended up shelling out close to £60m on our five signings, four of which were permanent.
We also sold Ayoze Perez and Joselu for about £32m, with the bulk of that coming from Leicester City triggering Ayoze’s £30m release clause.
That would leave about £20m left over that should be added to the summer’s budget. However, you can never really tell with Newcastle because they like to lump in agent fees and player wages as part of the budget.
As part of their Q&A today, the Chronicle’s Andrew Musgrove was asked if there would be significant transfer funds available this summer. This is was his response:
Yes I do. I think if this season goes to plan and Newcastle stay up, Bruce will get a spending spree in the summer.
“How much will that be? It’s always hard to say, but I’d think between £60million to £80million should be at his disposal if the right targets arise.
Between £60-80m is a good guess for this summer’s budget. Though we think it should certainly be closer to the higher end of those numbers. We’ll also have to see if any players are sold that can increase that amount.
If all goes well with loan signings Valentino Lazaro and Nabil Bentaleb, their purchase options could be triggered. Their fees are reportedly around £20 for Lazaro and £8.5m for Bentaleb.
So that’s already a significant chunk of the budget right there. There could also be a free agent or two come in as well.
It’s shaping up to be a big summer for this club with possibly a big-money signing or two to add to the quality of the squad.
But as Musgrove says, they still have a job to do this season. That begins on Saturday at Crystal Palace where we need to see a reaction.