Eddie Howe will be handed bumper Newcastle transfer kitty for ‘monster January’
Newcastle boss Eddie Howe will get significant funds to strengthen his Newcastle squad in the January transfer window.
Co-owner Amanda Staveley has admitted that “investment is needed in every area”. In an interview with the club’s TV station she admitted that a new academy facility was “on the agenda”. New training facilities for the first team is also on the new owners’ radar.
But the next transfer window will take priority with the British business executive saying “January is a monster”.
The new year is not regarded as the best time to do business but, with the Magpies languishing second-from-bottom in the Premier League table, Staveley acknowledged there was no time to waste.
“We are preparing for the January transfer window,” Staveley told the club’s official website. “It’s not a window we would ordinarily want to invest in, because you probably don’t get the right deals, but that’s something that is important at the moment.”
Staveley said that it had never been a notion to delay the takeover once it got its belated green light from the Premier League, in order to better establish the club’s likely fate this season after the hectic festive programme.
Instead her PIF consortium swiftly homed in on Howe, whose remarkable success in leading Bournemouth from the bottom of the Football League into the top flight convinced them that the 43-year-old was the right man for the job.
Staveley added: “It would have been an easy decision for us not to buy the club, just to wait until post-Christmas and post the January window and see where the club was in the league, and then make the acquisition.
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Amanda Staveley speaks with NUFC TV following the appointment of Eddie Howe as the club’s new head coach.
Watch the full interview on YouTube
— Newcastle United FC (@NUFC) November 11, 2021
“That would have been the safe investment bet, but we didn’t do that. We decided if we didn’t do it now it wasn’t going to happen and we had to take that risk.
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PIF took the ‘risk’
“We took that risk because the club was sitting in 19th position at the time. And Eddie took the job knowing there was that risk.
“We had to have someone leading the club who was not frightened of relegation.
“Obviously he has had an incredible impact on Bournemouth. And I think we were impressed with the fact he’s done all that on quite limited resources.
“It’s very easy to win trophies if you’ve got a lot of money, or a lot of infrastructure or a lot of people.
“But when you are limited by those factors, his success really shone out.”
READ MORE: Report names two huge Juventus names Eddie Howe wants at Newcastle
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