By Russell Edge

9th Nov, 2017 | 2:13pm

Talks held as Newcastle handed major transfer boost alongside £21m revelation - report

By Russell Edge

Newcastle United are set to receive a substantial amount of money from the Premier League television deal which will help provide funds for the January transfer window, according to a report.

The Chronicle claim on their website that the Magpies will receive a chunk of the £80million which is handed out to the Premier League sides from the central funds of England’s top flight.

They also reveal that the Magpies should bank £21million prior to the close of the winter window for their televised games this season, receiving the standard £10million which every side receives with an extra £1million for each of the 11 Newcastle matches which have been broadcast.

The report states that as well as external payments, the club should also have in the region of £6million worth of transfer sales thanks to the departures of Siem De Jong and Grant Hanley, while the wage book has been cleared up with the likes of Emmanuel Riviere and Tim Krul leaving Tyneside.

All of this will come as a huge boost to manager Rafael Benitez, who is reportedly set to receive funds in January whether or not current owner Mike Ashley is at the helm with takeover talks ongoing.

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As a result of the uncertainty, manager Rafael Benitez was said to have met with head of recruitment Steve Nickson on Monday to hold talks over potential transfer targets, with two shortlists created dependent on the financial backing he receives.

In other Newcastle United transfer news, a trio of Spanish sides are lining up a move for this star for the Magpies.

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