It’s not been easy to be a Newcastle fan over the last few years, with a lack of spending really holding the Magpies back under Rafael Benitez.
The arrival of Miguel Almiron in January did imply that things were changing, but a recent update from Lee Ryder takes that a little bit further, with the Newcastle expert questioned on whether the Magpies will have a big spending budget this summer.
Responding on the Chronicle’s Q&A (13:58, Wednesday), Ryder said that Newcastle have ‘been talking about spending up to £40 million on striker Koelinton behind the scenes’. He also added that if Benitez stays could ‘arguably expect up to £100 million’ to spend – though that, of course, is uncertain.
Of course, at this stage these are merely only behind the scenes discussions, and it remains to be seen as to whether they will come to fruition.
Still, the fact that spending big money is being discussed is interesting.
The prospect of signing a player for £40 million is unheard of at Newcastle, and so this is certainly very exciting news for the club. Miguel Almiron was a huge capture, but a deal of this sum would blow that out of the water.
You’d expect much of this potential spending to be funded by major player sales, and to be fair, there are a handful of players, like Jonjo Shelvey for example, who could and probably should be shipped out at the end of the season.
Naturally, though, we’d encourage caution with any report like this. Until it happens, we’ve got to doubt that Mike Ashley is willing to dig into his pockets to make a big signing, and so don’t start buying your shirts with Joelinton on the back just yet.