Well, football finance expert Kieran Maguire has been looking at the possibilities / probabilities.
He makes the point that ironically, due to the way Mike Ashley has ran Newcastle United, the Saudi PIF / Reuben brothers bidders will be able to spend MORE money than otherwise would be the case.
Kieran believes a basic budget of £150m would be possible in this next transfer window as well as paying ‘decent wages’, yet still ‘adhere to FFP’ rules.
This is due to Mike Ashley having made profits at Newcastle United in recent years, which will then allow bigger losses to be made for the 2020/21 season, if that is what the prospective new owners want to do. So overall, Newcastle United losses would need to be no higher than £105m for the combined 2018/19, 2019/20 and 2020/21 seasons.
That basic £150m 2020/21 transfer budget could of course be increased further, if/when the revenues increase this coming season. For example, both shirt and kit sponsor deals are up for renewal at the end of this current season and if the Saudi PIF led bid does take NUFC over, then you will imagine the revenues will be far higher than before, especially when it comes to the shirt sponsor.