According to the Daily Mail’s Craig Hope, Newcastle United recruitment team have been told they have a budget of £10 million this summer.
The Magpies are likely spend it on one player and at least two loan deals, with a left-sided centre-back and two midfielders on head coach Steve Bruce’s radar.
Newcastle remain keen on bringing Joe Willock back to St James’ Park from Arsenal, but whether they can meet the Gunners’ demands remains to be seen.
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The Toons need to make key additions this summer if they want to avoid another relegation battle next season, and would have to make do with loan deals from the look of things.
Newcastle would need more than £10m if they want to sign Willock permanently, and it remains unknown if Arsenal would be open to loaning out the young midfielder again.
Gunners manager Mikel Arteta revealed yesterday that the England youth international is firmly in his plans for the 2021-22 campaign, and the SJP outfit may have to look elsewhere.
Newcastle have decent depth in attack, although they could do with another striker after Andy Carroll and Dwight Gayle failed to step up after Callum Wilson got injured during the second half of last season.
The majority of their centre-backs are right-footed, and they do need reinforcements in midfield with some exits lined up in that department.
Bruce would hope to get it right in the transfer market given the little budget he is on, and the fans already know only a takeover can make them a force to reckon with in the transfer window.
Read: 2021 Premier League transfers