Eddie Howe insists Newcastle will not have a “bottomless pit” of funds to spend even if they qualify for the Champions League, despite the £80m boost they will receive if they finish in the top four.
- Newcastle will qualify for the Champions League with a draw against Leicester
- Eddie Howe says they’ll have to spend carefully despite the potential extra income
- Amanda Staveley and Mehrdad Ghodoussi spoke to the players this month
Eddie Howe says Newcastle won’t have a “bottomless pit” of money to spend even if they qualify for the Champions League.
The Magpies need only a draw against Leicester at St James’ Park on Monday to secure a top-four finish and a cash raise of at least £80m.
Sources say achieving that would mean a very different summer than they had envisioned, given the additional funding and the need to strengthen the team.
However, Howe insists that the club will still be subject to financial spending restrictions.
“Whatever happens, we’re not going to have a bottomless pit,” he said. We will be under strict restrictions. Whatever we do in the transfer market, we are going to have to be very smart. In the three transfer windows that I have had, we have been excellent and we have to continue like this.
Eddie Howe says Newcastle will have to spend carefully despite potential extra income
The Magpies will qualify for the Champions League with a draw against Leicester on Monday
Howe invited Amanda Staveley and Mehrdad Ghodoussi to speak to the players
Howe also says recruitment work will continue immediately after next Sunday’s Chelsea call-up.
“Unfortunately, yes, which means you’re on some kind of conveyor belt that you can’t get off,” he said. ‘Everyone will say, ‘That’s a great achievement,’ but all I can think about is the next challenge that’s coming up and being ready for it.
‘You can’t sit back and say, “Okay, I’m going to take a month off and go relax on the beach.” It’s the opposite – it’s, “OK, what’s the best way to succeed now in the next phase?” You are always in a cycle of trying to improve.
Meanwhile, Howe revealed that he invited the club’s co-owners Amanda Staveley and Mehrdad Ghodoussi to speak to his players earlier this month.
“It was just to have that contact with the owners, because it is very important as a club that we are one from top to bottom,” he said. They came in, they talked to the players, they were absolutely brilliant.
“It was a good time, actually, just for everyone in the room to consolidate their thoughts about each other and then try to focus on the last few games we’ve had, and it had a positive impact on us.”