Newcastle: PIF have exciting transfer plan at St James' Park

Newcastle United co-owners in the stands

Newcastle United will eventually ‘land one of the biggest names in football’ but the St James’ Park outfit are unlikely to make that marquee signing before the September 1 deadline, according to transfer insider Dean Jones.

The Magpies got the new season off to a promising start thanks to overcoming newly-promoted Nottingham Forest at the weekend, but head coach Eddie Howe could still make alterations to his squad.

GiveMeSport Transfer Update With Dean Jones
GiveMeSport Transfer Update With Dean Jones

Who have Newcastle signed so far?

Matt Targett became the first signing of the summer transfer window when he made his loan move from Aston Villa permanent for £15million.

Howe then bolstered his options between the sticks by drafting in Nick Pope after agreeing a £10million fee with Burnley following their relegation to the Championship.

Central defender Sven Botman was signing number three when he completed the £35million switch from French side Lille, but Newcastle have failed to add any further fresh faces in more than a month.

Although the Magpies have spent just shy of £60million on reinforcements, there is scope for them to part with even more cash.

That is because the £305million takeover led by the Saudi Arabia-based Public Investment Fund resulted in Newcastle becoming the richest club in world football last October.

What has Dean Jones said about Newcastle?

Jones feels it is a matter of time before Newcastle will sign one of world football’s leading stars thanks to their huge wealth.

However, the transfer insider believes Howe and the Magpies’ hierarchy are not wanting to rush into splashing the cash.

Jones told GIVEMESPORT: “At some point they’re going to land one of the biggest names in football, but I think it’s too early for that to happen.

“I think that Newcastle have taken a very careful path about building this team step-by-step. We’ve already seen the first couple of steps from that. The January transfer window was a massive success.

“They’re delighted with the fact they’ve signed Sven Botman. They already feel like they’re in a better situation than they were at the back-end of last season.”

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Who have Newcastle been linked with?

Newcastle have failed with a £50million bid for attacking midfielder James Maddison, with Leicester City seeking a further £10million.

It is understood that the Magpies are also chasing Goncalo Ramos and will test Benfica’s resolve in the coming days.

Howe’s charges are reportedly rivalling Aston Villa, Everton and West Ham United for Espanyol striker Raul de Tomas as well.

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