Newcastle's new owners have only been in charge of the club for a matter of days but there is no doubt they will want to make a statement in just over two months' time when the January transfer window opens.
With their new-found riches, the Magpies will be looking to invest heavily into a squad that has underperformed under their much-maligned manager Steve Bruce.
This wouldn't be the first time that a club's new owners have made such a statement in the Premier League as Sportsmail takes a look at the transfer activity of billionaire-backed Chelsea and Manchester City in their first window under such ownership.
Crown Prince Mohammed bin Salman has completed a £305million takeover of Newcastle
Roman Abramovich (left) and Sheikh Mansour both spent heavily in their first transfer windows after becoming Premier League owners of Chelsea and Manchester City respectively
The arrival of Roman Abramovich changed the landscape completely within English football.
Chelsea went from finishing fourth in 2002-03, to second the following campaign as the Russian billionaire signed 13 (yes THIRTEEN) players for the club in his first window.
JURGEN MACHO (Free transfer from Sunderland)
Signed on a free transfer from Sunderland, Jurgen Macho was the first signing of the Abramovich era (there's a quiz question for you).
The Austrian goalkeeper was meant to provide Carlo Cudicini competition in goal but unfortunately tore his anterior cruciate ligament in his first week training with the club.
He didn't play a single minute that campaign and was subsequently released in August 2004 as the Blues brought in an unknown Petr Cech.
Jurgen Macho was Chelsea's first signing of summer 2003, joining from Sunderland (pictured)
MARCO AMBROSIO (Free transfer from Chievo Verona)
The second arrival at the Blues was also a goalkeeper and his spell also ended up going the same way as Macho.
Also suffering a knee injury soon after joining, Ambrosio made his debut for the club against Notts County in the League Cup. However, it was an error-strewn performance in a 4-2 win.
He was afforded a spell in the team later on in the season as Cudicini suffered an injury of his own. During that period it was Ambrosio who helped the Blues beat bitter rivals Arsenal in the Champions League quarter-final.
Overall he made eight appearances for the west London outfit before he too was allowed to leave in August 2004 due to the signing of Cech.
Marco Ambrosio (centre top right) was one of 13 Chelsea players signed in the 2003 summer
GLEN JOHNSON (£6million from West Ham)
The first actual expenditure of the Abramovich era came at the cost of £6million for a teenage right back.
Following West Ham's relegation in 2002-03, their bitter rivals Chelsea snapped up Glen Johnson. He made 32 appearances overall in his debut campaign and 28 in the next as the club were crowned champions of England for the first time in 50 years.
However, his third season saw him make just eight appearances in total as he fell out of favour under Jose Mourinho. He subsequently joined Portsmouth on loan in 2006-07 - a deal that then later on became permanent.
Glen Johnson (left) was the first monetary transfer of the Abramovich era - costing £6m
GEREMI (£7m from Real Madrid)
The first true statement signing from the Blues was the £7m acquisition of Geremi from Spanish giants Real Madrid.
Having spent the 2002-03 campaign with Middlesbrough, the Cameroonian was accustomed to the rigours of Premier League football and that showed instantly at Chelsea - making 39 appearances in all competitions.
Jose Mourinho's arrival in 2004 saw his game-time diminish but his four-year spell there ended with two Premier League titles.
Geremi made 39 appearances in his debut term for the Blues after joining from Real Madrid
WAYNE BRIDGE (£7m from Southampton)
Chelsea signed three emerging English talents that window and the second of them to join was Wayne Bridge.
The left back, 22-year-old at the time, arrived in a £7m deal from Southampton that saw then-34-year-old Graeme Le Saux head in the opposite direction.
Bridge's first campaign was hallmarked by that winner against Arsenal in the Champions League quarter-final at Highbury.
Overall he made 142 appearances for the club over five-and-a-half seasons, winning the Premier League, the FA Cup and League Cup.
Wayne Bridge's goal at Arsenal in the Champions League quarters remains in Chelsea folklore
DAMIEN DUFF (£17m from Blackburn)
Fighting off competition from Manchester United and Liverpool, Chelsea signed winger Damien Duff from Blackburn Rovers for £17m.
Featuring 37 times in his debut campaign, the Republic of Ireland international dazzled with his wing play.
He made 48 appearances the following campaign and 40 the next as he formed a devastating wing partnership with Arjen Robben.
Duff swapped west London for Newcastle in the summer of 2006, having won two Premier League titles and the League Cup.
Damien Duff was Chelsea's most expensive signing of 2003 - costing £17m from Blackburn
JOE COLE (£6.6m from West Ham)
The third and final English signing of a crazy summer 2003 for Chelsea was Joe Cole. Like Johnson, Cole arrived from relegated West Ham and was earmarked to provide the creativity lost following the departure of club legend Gianfranco Zola.
He went on to make 50 appearances for the Blues in his debut campaign and was a key first-team contributor throughout his seven years at the club.
A Chelsea legend, he won three Premier League titles, two FA Cups and one League Cup at Stamford Bridge.
Joe Cole (left) won six major honours at Chelsea and is a club legend after dazzling in midfield
JUAN SEBASTIAN VERON (£15m from Manchester United)
Not all of Chelsea's big summer signings were a success and that certainly applies to Juan Sebastian Veron.
Having underwhelmed at Manchester United, the Argentine playmaker joined the Blues in
