Luke Edwards has provided an update in regards to Newcastle United’s transfer business.
What’s the latest Newcastle United transfer news?
Taking to Twitter, The Daily Telegraph journalist revealed that, while progress remains slow, he has been assured that the club are optimistic of new arrivals this summer ahead of the new Premier League campaign. Interestingly, he also claimed that, had the takeover had received a green light following the arbitration process, it wouldn’t have gone through by the close of the transfer window anyway.
Where does this leave Newcastle?
In a real state, truth be told.
With the takeover having dragged on for well over a year, the club have been left in a state of limbo, with no one quite sure about where they stand. Nothing But Newcastle have recently been told that owner Mike Ashley was reluctant to match even newly-promoted Brentford when it came to trying to sign defender Kristoffer Ajer during takeover talks, costing the club a priority transfer target.
At least last summer, big fees for the likes of Callum Wilson and Jamal Lewis were sanctioned. This time around, that looks incredibly unlikely amid reports of a budget of around £10m, so the club risk going into this season in an even weaker position than the one in which they finished the 2020/21 campaign.
Given how much of last season went prior to a mini-revival in order to stave off relegation, that is an incredibly worrying thought.
What has Steve Bruce said about Newcastle’s transfer business?
Manager Steve Bruce has recently called for patience and revealed that the club were reliant on teams higher up the footballing pyramid to conduct their business before they could target loan moves.
“I know that’s awful from me, but we haven’t got the biggest of budgets,” Bruce told BBC Radio Newcastle (via BBC Sport).
“In the market we’re looking at – loan market in particular – we’re going to have to let the big, big clubs go to work.”