Paul Robinson has warned Newcastle United to be wary of Everton’s mistakes as they unveil amazing plans to transform the club.

The former England number one, speaking exclusively to Football Insider correspondent Dylan Childs, insisted the Magpies must learn from the mistakes of fellow Premier League sides Everton and Aston Villa.

The PCP Partners, a Saudi-Arabia backed consortium, are expected to complete their takeover of the club once the Premier League ratify the deal.

As revealed by Football Insider, the prospective new owners plan to invest £200million into the Magpies’ squad and infrastructure.

Everton have spent over £400million since Farhad Moshiri took over at Goodison Park in 2016 but the Toffees have so far failed to come close to their aspirations of Champions League football.

Robinson suggested there are no guarantees that a big budget would transform the Toon’s fortunes immediately.

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“It is alright having £200million to spend but it is about spending that wisely. Spending on quality players and players that can work together,” he told Football Insider.

“As we have seen with Everton you can spend 100 odd million on a load of players where it did not work. They did not sit well under Marco Silva.

“Aston Villa have spent heavily in the Premier League and they are struggling to survive.

“It is fantastic having these huge budgets but it is about the recruitment – the ability to see players that will fit into what you have already got.”

Aston Villa have spent £143million since returning to the Premier League just under a year ago.

However, the Claret and Blue find themselves 19th in division and in danger of returning to the Championship at the first time of asking.

In other Newcastle United news, Noel Whelan has told Football Insider his thoughts on the manager’s position at St. James Park post-takeover.