Kieran Maguire: 'Bombarded' Newcastle to turn on 'rocket boosters' in transfer market as multiple January loan-to-buys lined up
Newcastle United will turn on the “rocket boosters” in terms of recruitment next summer.
That is according to finance boffin Kieran Maguire, speaking exclusively to Football Insider about the latest happenings in the Newcastle boardroom.
The club’s new owners are set to appoint Eddie Howe as their new manager after missing out on first-choice Unai Emery.
The ex-Bournemouth boss was pictured alongside Amanda Staveley taking in Newcastle’s 1-1 draw with Brighton on 6 October.
The Telegraph reported in October that whoever takes the reins will be handed a £50million transfer budget to help fight off relegation
Maguire argues that the task will be made more difficult by opportunists looking to piggyback on the new owners’ enormous wealth.
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He told Football Insider correspondent Adam Williams: “This shows the importance of having a director of football with experience in the industry.
“The challenge for them at present is they have a friend for every dollar, to quote Mike Tyson.
“The board will be bombarded with calls from those whose interests are self-serving rather than those of Newcastle United. That is my concern here.
“Everyone wants to talk and advise them. The board have to be capable of distinguishing the good and bad.
“I suspect they will get some loan-to-buys in. They will have to pay loan fees, but they will be relatively low.
“The players then have the option not to play in the Championship. I suspect the rocket boosters will be applied in the summer in terms of recruitment.“