Alan Nixon has dropped the amount of cash that he believes Newcastle United have as a transfer budget for the summer window.
The Lowdown: Window open
The summer transfer window is officially open, meaning that the St. James’ Park faithful can start to look at which players they would like to bring in, and also who they would like to leave the North East.
Where will Newcastle finish in the Premier League?
7th - 10th
Nonetheless, with the takeover arbitration case against the Premier League looming as well, it is set to be a very interesting one with the Tyneside club.
The Latest: £50m budget
As per reliable football journalist Alan Nixon, ‘Bruce will get a transfer war chest’ from Mike Ashley of around £50m for the window.
That, of course, could increase through player sales, as Steve Bruce’s team try to improve upon their respectable 12th-placed finish in the top flight.
The Verdict: Promising
£50m is certainly a promising figure in terms of a transfer budget for a Premier League side finishing in the bottom half of the table, and it is one that Bruce can work with.
Of course, the Magpies ideally would like to have the abundance of riches that would have come from a completed takeover, but nonetheless, it is certainly a good amount to get started.
The Toon will no doubt be looking at trying to sign Joe Willock on a permanent deal from Arsenal following his successful loan spell, and £50m would certainly give room for one of two more first-team targets, as well as the young midfielder.
Click here to comment on this articleor
Give us feedback on your Football Transfer Tavern experience