Newcastle United's transfer kitty 'revealed' as Mike Ashley makes contingency plans

Mike Ashley is finalising a transfer budget for Steve Bruce at Newcastle United, according to a report.
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Bruce said last week that his transfer budget will most likely be cut due to the financial impact of the coronavirus pandemic. United’s head coach said: "I would envisage our budget’s not going to be as big as what it was going to be in January before all this started.”

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And the Daily Telegraph reports that Bruce’s will have a £30million budget, which is down from £65million, “as it stands”.

Meanwhile, American investor Henry Mauriss has again been linked with a takeover bid for the club.