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:
5. Chelsea trio could join Milan
AC Milan look to be readying a triple transfer raid of Chelsea, with Fikayo Tomori, Olivier Giroud and Hakim Ziyech all on their radar. Tomori excelled during a loan spell at the San Siro last season, a looks a dead cert to make the move. (Star) Photo: MARCO BERTORELLO
6. Man Utd ready Pogba contract offer
Man Utd are believed to be keen on opening talks with their key midfielder Paul Pogba, as fears grow over the player potentially agreeing a deal to leave the club for nothing in January. His current contract expires next summer. (ESPN) Photo: Aurelien Meunier
7. Liverpool ace to seal PSG move
PSG appear to have hijacked Barcelona's move for Liverpool midfielder Georginio Wijnaldum, who is available on a free transfer this summer. Reports suggest the Ligue 1 side offered "double" the wage he'd get at Barca. (ESPN) Photo: Fran Santiago
8. Whites could land Ajax man for £10m
Leeds United's hopes of signing Ajax man Nicolas Tagliafico look to have improved, with the Dutch side believed to be willing to accept just over £10m for the Argentina international. He did the double with his side last season. (De Telegraaf) Photo: Dean Mouhtaropoulos