Newcastle boss Alan Pardew has said that the reason why they didn't sign many new additions in the summer window was because of financial constraints.
Loic Remy arrived on loan from Queens Park Rangers, although this was the only notable addition brought in by the controversial Joe Kinnear, who was brought in as director of football.
"Joe has worked hard on numerous targets, particularly an additional offensive player" said Pardew in a statement on the club website.
"However some of the options available within our financial means were not as good as the players we already had."
Newcastle’s only other signing came into their development squad - promising midfielder Olivier Kemen was brought in from Metz.
In the statement Pardew is quoted saying: ‘"There is no point in bringing in new players unless they can improve us and take us forward."
The club did manage to hold onto French starlet Yohan Cabaye, who was subject of a bid from Arsenal before the Gunners moved onto Real Madrid playmaker Mesut Ozil.
Pardew also highlighted the Tyneside club's January transfer business as another reason for the club's lack of transfer activity.
"We did the majority of our business in the January window, signing five excellent first-team players," explained Pardew
"With the strong squad we have we should all approach the season in a positive, optimistic mind," continued a resilient Pardew.
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