Howe claims Newcastle’s financial resources are limited

Howe Claims Newcastle's Financial Resources Are Limited

Newcastle United manager Eddie Howe stated on Friday that he cannot simply throw money at the situation to strengthen his squad during the transfer window, despite the support from Saudi Arabia’s Public Investment Fund.

During this transfer window, Newcastle has spent a net amount of £95 million ($121 million, 110 million euros) on signings such as Sandro Tonali, Harvey Barnes, and Tino Livramento. However, Howe is eager to further enhance his squad, particularly in central defense. Nevertheless, he acknowledges that he must now navigate through Financial Fair Play regulations rather than relying solely on spending more money.

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“We cannot just go out and spend without limitations to acquire a player,” Howe explained during a press conference before Newcastle’s Premier League opener against Aston Villa on Saturday. “Currently, we do not have the resources to do so due to FFP restrictions. We must find alternative approaches rather than spending money immediately.”

Newcastle’s fourth-place finish last season secured their return to Champions League football. Howe personally desires to add one more player to the squad, believing that it would provide ideal depth, considering their current injuries.

Newcastle’s success can be attributed to Howe’s effective utilization of a £250 million spending spree, enabling the team to assemble a competitive squad. However, the underwhelming performances of Liverpool, Tottenham, and Chelsea also contributed to their rise. This season, those three teams are expected to perform better, leading many experts to predict difficulties for Newcastle in maintaining a top-six finish.

“People will always underestimate us,” Howe emphasized. “I urge everyone to unite and fight relentlessly to prove them wrong. As a manager, I have to prove people wrong every single day. My ultimate motivation is the fear of failure, which has fueled my career and driven me to work tirelessly to avoid that outcome.”

In the upcoming match against Villa, Howe may grant competitive debuts to Tonali, Barnes, and Livramento. Additionally, defender Fabian Schar has recovered from a thigh injury and will be available for selection. However, midfielder Joe Willock is expected to remain sidelined until the middle of next month due to a hamstring issue he sustained last season. “I believe we will probably miss him (Willock) for the initial set of games before the first international break,” Howe stated.

(Source: Newcastle United’s official Twitter account)

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