sport news Eddie Howe insists Saudi-backed Newcastle do not have 'vast sums' to spend this ... trends now
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Eddie Howe says it is ‘wrong’ to assume Newcastle United have vast riches to spend this summer and knows he may have to be creative in the transfer market.
The club’s accounts revealed this week that their Saudi-backed owners have injected £167million to cover various costs since October’s £305m takeover.
Given they also spent £94m on five new players in January, it has impacted on Newcastle’s transfer budget from the perspective of the Premier League’s profit and sustainability rules.
Eddie Howe says he will have to be creative in the transfer window due to Financial Fair Play
Sources are talking of around £60m plus player sales being available - with a striker the priority - but they say no deals are close and a degree of ‘trading’ should be expected.
Everton’s Dominic Calvert-Lewin is on the list of forward targets and his representative was in attendance for the recent 1-0 home defeat by Liverpool. However, it is thought other options will first be explored with doubts among some over the 25-year-old’s form and fitness this season.
Benfica’s Darwin Nunez has been spoken about at length and
