Newcastle United will be given £500m over the next two years to spend on players if a proposed takeover goes through, according to The Express.
Since current owner Mike Ashley officially put the club up for sale, speculation over the outfit’s future has gone into overdrive.
Businesswoman Amanda Staveley, who fronts PCP Capital Partners and is known for her work with Middle Eastern investors, is overseeing a potential takeover.
According to The Express, the new owners are expected to hand over £500m to use in two years’ of transfer windows in a bid to push the Magpies to a position where they can challenge for the Premier League title.
The report adds that Andros Townsend could be on the list of candidates, despite the winger leaving Newcastle after just six months following the club’s relegation to the Championship at the end of the 2015-16 season.
The England international joined Crystal Palace, but the Eagles may be open to selling the 26-year-old for around £30m.
The staggering figure being reported is certain to push the North-East outfit in the right direction.
With the help of Abu Dhabi billionaires, Manchester City have become a force in the Premier League, but it took a number of years for them to establish themselves among the elite.
Rafael Benitez is the calibre of manager that can challenge for a title with the right team, but even if the club are handed a £500m transfer kitty over two years, they will not suddenly become contenders.
Newcastle fans are hugely passionate about their club and due to the size and stature of it, expectation is high.
If a new owner brings with them bundles of cash, then that expectation level will rise significantly, which could cause problems if the club fail to match it.
The important thing for Newcastle fans is to stay realistic and understand that there will be a big transition period to go through if a new owner takes over.