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Loads of Newcastle fans have been reacting to the latest transfer report, which reveals the Magpies will have around a £50m kitty this summer.

According to The Evening Chronicle, Newcastle “could have around £50m to spend” in the summer window.

Lee Charnley revealed recently that the club spent just 90% of their budget in the last financial period, with £11m to carry over into the next one.

The Chronicle report states that the Magpies shelled out £47.7m on signings last summer but also recouped £43.3m in player sales, and that the budget in the upcoming window is between £50m and £60m.

Of course, it remains to be seen whether that is actually £50m or £50m including player sales, and Newcastle fans will be the first to say it is probably the latter.

In fact, fans don’t sound optimistic at all about the transfer report, as loads of them shared their views on the matter on Twitter.

You can find some of the best reactions down below…