The Magpies have been linked with free agents and big-money signings alike, with their Saudi-backed takeover edging closer to completion.
So if the rumours are true, what kind of squad will we see turning out at St James’s Park next season? Scroll down and click through the pages as we take a look:
5. DEF: Danny Rose
Could Rose be set to make his loan move from Tottenham Hotspur permanent? Various reports have suggested it is a possibility. Photo: Stu Forster
6. MID: Arturo Vidal
Reportedly set to leave Barcelona on the cheap this summer, Vidal is thought to be interested in joining Newcastle - despite rumoured interest from Manchester United. Photo: David Ramos
7. MID: Donny Van de Beek
One of the hottest young talents in European football, Van de Beek has been linked with Newcastle since news of the takeover broke. Everton are also reported to be keen. Photo: GLYN KIRK
8. AM: Nabil Fekir
A number of Premier League clubs are thought to have tried - and failed - to bring Fekir to England, so could Newcastle be the side to finally tempt the Real Betis winger to make the leap? Photo: Fran Santiago