Newcastle United's coffers set for unexpected boost this summer

Steve Bruce’s transfer budget could be boosted by another £3million.

Friday, 28th August 2020, 12:30 pm
Ivan Toney.
Ivan Toney.

Bruce’s budget has been hit by the coronavirus pandemic – a total net spend of £35million has been mooted – and Newcastle United’s head coach has talked of the need to “box clever” – and act “shrewdly” – in the transfer market this summer.

United have so far signed two free agents – midfielder Jeff Hendrick and goalkeeper Mark Gillespie – and the club’s search for a new striker has been given added urgency by an injury which could keep Dwight Gayle out for three months.

Newcastle inserted a 30% sell-on clause into £650,000 deal which took Ivan Toney to Peterborough United in 2018, according to the Daily Mail, and the 24-year-old striker’s proposed £10millon move to Championship club Brentford could net the club around £3million.

Toney, also been linked with Celtic, was sold by Rafa Benitez, and he spoke about his time at United in January.

"When he (Benitez) came in, I was injured at the time, and he put the injured lads at the bottom end, so it was kind of tough to take,” said Toney, signed from Northampton Town in 2015.

"Rafa’s a great manager, but, personally, I don't think I was given that chance. That's my opinion on it – others may feel different."

Peterborough owner Darragh MacAnthony believes that Newcastle fans would have “loved” him at St James’s Park.

MacAnthony tweeted: “Toon fans would have loved him if he broke through."