The Magpies aren't expected to have much in the way of a transfer budget, and it will be fascinating to see how far the club can stretch their available cash to bring in quality new signings.
Steve Bruce's side put in a fine run of form towards the end of last season to haul themselves out of the relegation zone, but the side will need to be strengthened to avoid a repeat of the nerve-wracking 2020/21 campaign.
Meanwhile, Ipswich Town owner Brett Johnson has revealed he considered buying Newcastle back in 2019, and said: “We did spend some time, a couple of years ago, checking the tyres – like a lot of people have – in terms of potentially making a run at Newcastle.
“We had raised some money to play a minority stake or shareholder in a syndicate. For a lot of reasons, these deals don’t happen and they’re fraught with complexities.
“From our perspective, the value of the exercise was… we did a substantial amount of due diligence and we were able to bring together a bunch of financial sponsors behind our stake in that club.”
Here are today's biggest transfer stories and the latest team news involving Newcastle United and the rest of the Premier League, as the reaction to last season and the build-up to summer transfer window continues:
1. Burnley boost in race for King
Norwich City are rumoured to have backed out of a move to sign Everton's soon-to-be free agent Josh King, with his wage demands said to be too high. Burnley were heavily linked with the Norway international back in January. (Football Insider) Photo: Pool
2. Brighton could be beaten to Velasco
Brighton & Hove Albion could face fresh competition for Independiente starlet Alan Velasco, with Ligue 1 sides Monaco, Lille and Lyon now said to be interested. He's likely to cost around £9m as interest in his services continue to grow. (Sport Witness) Photo: NICOLAS ABOAF
3. Sterling to stay with City
Man City's Raheem Sterling is said to have no interest in leaving the club this summer, after being linked with a move to Spurs as a makeweight to sign Harry Kane. The Citizens are rumoured to have set an £80m asking price for the England star. (Football Insider) Photo: David Ramos
4. Hammers in the running for Duricic
Reports from Italy suggest West Ham are keeping a close eye on Sassuolo attacking midfielder Filip Duricic, and that his club has received offers from "English clubs". His former loan side Southampton are also said to be keen. (Sport Witness) Photo: Francesco Pecoraro