Newcastle United manager Alan Pardew has admitted that he expects to be backed heavily in the transfer market in the summer after the club announced a profit of £9m, the Mirror understands.
That figure does not include the money they received for France international Yohan Cabaye, who was sold to Paris Saint Germain for £19m last month.
The North East side have failed to make any permanent additions to their squad during the last two transfer windows, with loan signings Loic Remy and Luke de Jong their only arrivals in that time.
Having narrowly avoided relegation to the Championship last season, the Magpies are unlikely to face the same problem this year as they sit comfortable in mid-table – nine points ahead of tenth place West Ham United and ten points behind fifth place Tottenham Hotspur.
They travel to Hull City on Saturday afternoon, and are priced at 23/10 to take all three points.
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