The misconception several pundits have about Newcastle’s takeover

Several pundits have expressed their opinions regarding the takeover of Newcastle United, but most of them share a common misconception.

The takeover of Newcastle United has generated excitement, anxiety and frustration among a wide range of fans, pundits, and various groups and organizations. The Toon Army is rightfully excited about this takeover.

Some pundits are also excited about the club’s potential to alter the status quo in the Premier League, but others do not think Newcastle United stand a chance of breaking into the top six despite having the richest owner on the planet.

Why is that? Well, the simple answer is financial fair play rules. Due to the fact that Newcastle United’s current revenue totals as a club do not come close to those of Manchester United, Arsenal and Chelsea, to name a few top teams, most pundits think it would take Newcastle United years to become a competitive side.

It is true that financial fair play rules will limit how much Prince Mohammed bin Salman, Amanda Staveley and the Reuben brothers can spend in any given transfer window until they create more revenue streams. Transforming Newcastle United into a club that regularly competes in European competitions will be an uphill battle for the new owners, but it can be achieved much sooner than some pundits think.

So, here is the common misconception among several pundits: Newcastle United must break the bank on every player they sign to immediately earn elite status in the Premier League. That would be nice, but it is not necessary and it is not the only way the Magpies can elevate their status in English football.

Spending wisely and building a squad comprised of players who complement one another is the key objective for Newcastle United this summer and next January. Buying top players with outrageous price tags does not guarantee success. Not just for Newcastle United, but that is the case for any club.

For example, and this is my personal opinion here, why should Newcastle United go and spend £70m to secure the services of Jack Grealish when they can spend £60m and sign two talented midfielders in Dwight McNeil and John McGinn? This is the kind of thinking the new owners need to have until they find ways to generate more revenue so they can go after big name players in the near future.

Furthermore, it is important to note that there are several quality players around the world who are capable of playing at an elite level despite not having major price tags. Allan Saint-Maximin only cost the Magpies £16m, but he is proving to be one of the most dynamic players in the Premier League.

This takeover will undoubtedly make St. James’ Park an attractive destination for many players. It is up to the club’s scouts to ensure the right players are brought in, though. That being said, it is safe to assume that Newcastle United will be comprised of some notable players and up-and-coming talent, and that should, at the very least, be enough to knock on the door of the top six.

The quality of the Magpies’ defense will certainly enable Prince Salman and his partners to allocate the majority of their funds to upgrading the team’s offensive. With a stable back-line and an efficient attack, Newcastle United will be a dangerous team that will threaten the likes of Wolverhampton, Chelsea, Arsenal and Tottenham.