Report: How much Newcastle plan to spend in January amid Maddison talk
Report: How much Newcastle plan to spend in January amid Maddison talk
Photo by Clive Brunskill/Getty Images

Report: How much Newcastle plan to spend in January amid Maddison talk

There has been speculation that Newcastle United could spend big money in the January transfer window, but that doesn’t appear to be the plan.

Eddie Howe’s side are currently third in the Premier League, and amazingly find themselves in contention to qualify for next season’s Champions League.

We are certainly in the mix to return to at least one of UEFA’s three European competitions, losing just one of our opening 14 league games.

Summer signings have made a huge difference, with Sven Botman and Nick Pope contributing to one of the Premier League’s best defensive records.

And with Newcastle flying, there has been talk that PIF could go big again in January to help the club further their European ambitions.

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However, a fresh report suggest that won’t be the case.

What the Newcastle owners plan to do in January

According to the Telegraph, senior Toon sources have stated that the club do not intend on splashing out when the January transfer window opens.

Newcastle announced on Wednesday that the consortium had invested more capital into the club, boosting the coughers by £70million. However, the Telegraph add that the money is only to cover increased running costs – not to add a shiny new player to Howe’s squad.

The announcement further highlights the owners’ commitment to furthering the club. However, they might not be prepared to spend big on a January signing.

That surely rules out buying James Maddison

If that is the case, it should end all speculation of James Maddison joining Newcastle. He was a target in the summer, and is being linked with a move to St James’ Park once again.

Given his form this season and our previous failed bids, he would cost a fortune. He would be a great addition though, and is the kind of player who could push us even closer to European football.

But a move to Newcastle feels unlikely if the club are unwilling to splash out at the start of 2023.

That’s not a problem. We need to be wary of financial fair play – any mistakes now could massively hinder us in the future.

And while he might not get a big signing, Howe will get a player boost soon. Allan Saint-Maximin is back from injury, while Alexander Isak is expected to return after the World Cup.

At the moment, it seems incredibly unlikely that someone like Maddison will be joining Newcastle. The finances involved are too high.

But never rule it out. Remember when they smashed the club’s transfer record out of absolutely nowhere back in August?