Newcastle United could have a very busy January when the transfer window re-opens.

The Magpies only brought in Joe Willock this summer, with Mike Ashley making his loan deal permanent for £25million.

It was a big investment, but it left the squad no stronger than it was last season.

With Newcastle flirting with relegation early on in the season, it’s clear we need reinforcements.

Amanda Staveley and Mehrdad Ghodoussi Meet Newcastle United Staff at St James Park
(Photo by Serena Taylor/Newcastle United via Getty Images)

That should happen thanks to the change of ownership, who have pockets deeper than we’ve ever seen before.

But how much money will be available to spend? The Athletic’s George Caulkin has a prediction.

Caulkin expects £40-£50m January transfer budget for Newcastle

In a Q&A about the Newcastle takeover, Caulkin was asked about Newcastle’s plans for January.

 

He responded: “Perhaps this might change depending on Newcastle’s league position over Christmas, but I’d expect around £40 or 50million to be made available in January.”

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(Photo by OLI SCARFF/AFP via Getty Images)

Would that be enough to fix our squad? Depends on the definition of ‘fix’.

£40 or £50million isn’t going to turn us into title contenders, but that’s not the short-term goal.

That kind of budget would allow us to make two or three really smart signings, which is exactly what we need right now.

The likes of James Tarkowski and Jesse Lingard have both been linked, and could surely be attainable within that budget due to their expiring contracts.

Burnley defender James Tarkowski would be a sensible January signing.
(Photo by PETER POWELL/POOL/AFP via Getty Images)

January isn’t the right time to build a squad anyway, with players often going for inflated prices. That will definitely be the case with Newcastle, as their newfound wealth is no secret.

The current Newcastle squad isn’t a poor one. It’s underperforming, but a better manager could surely get more out of the current crop of players.

In January we need a little sprinkle of magic; two or three extra bodies who will immediately improve the starting XI. Basically, we need what we didn’t get this summer.

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