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Newcastle United: Magpies set to keep spending on players at a minimum

Newcastle United: Magpies set to keep spending on players at a minimum - Newcastle United Transfer Rumours

Newcastle United fans could be worried by the latest news about possible transfers ahead of the new 2020/21 season.

According to the Daily Mail, spending on new players will be kept to a minimum in the summer window, as the Magpies are apparently in the market for loan deals, preferably with a percentage contribution to salary rather than covering the full wage.

The collapse of the proposed takeover at St James’ Park by the Kingdom of Saudi Arabian (KSA) group, coupled with the desire of Mike Ashley to sell the Tyneside club, means that the hierarchy have little ambition to spend lavishly.

This may come as a big worry to Newcastle supporters who would like to see new faces coming in to push them forward for next season.

Is the KSA takeover of Newcastle over?





Steve Bruce guided the Magpies to a rather comfortable 13th place in the Premier League table in 2019/20 but they may need to spend some money in order to improve on this position.

However, the reported transfer budget in the northeast is only £35m, which is less than the £39.6m that they spent to bring in club-record signing Joelinton from German side Hoffenheim last summer.

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Let us start with the 10th most expensive, how much was Jonjo Shelvey?

Newcastle may want to look for another striker as the 24-year old Brazilian failed to impress in his debut season in England, scoring a mere four goals in 44 games in all competitions last term, as per Transfermarkt.

Considering that Joelinton cost more than Newcastle’s reported transfer budget, supporters may well be worried that the club simply do not have enough money to spend on key players, not to mention other areas where they may wish to strengthen.

Indeed, it could be a worrying 2020/21 season for Magpies fans unless the club can find some bargains in the transfer market.

Geordies, are you worried by the lack of funds available? Comment below with your views!

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Article title: Newcastle United: Magpies set to keep spending on players at a minimum

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