Newcastle United manager Eddie Howe will be given up to £150 million to spend during the summer transfer window, reports the Sun.
However, the Magpies must finish in the top four for their owners to hand him the huge warchest.
They are currently third in the Premier League table after 31 games, with Sunday’s 6-1 demolition of Tottenham Hotspur strengthening their top-four credentials.
Manchester United are behind Newcastle due to an inferior goal difference, but the Red Devils have a game in hand.
Spurs, Aston Villa, Liverpool, Brighton & Hove Albion are all breathing down their necks, but the Magpies will fancy their chances.
Leeds United, Brighton, Leicester City and Chelsea are their last four games of the campaign, and picking up the required points to secure Champions League qualifications should not be an issue.
Newcastle have won six of their last seven league games to consolidate their position.
They had won just one of their eight league games before the recent impressive run.
Had they not suffered a dip in form, Howe’s side could have given the Gunners and Manchester City a run for their money.
Newcastle finished 11th in the table last term but have improved massively since then.
They spent £115m on players last summer, adding Alexander Isak, Sven Botman, Nick Pope and Matt Targett to their ranks.
The St James Park club spent £40m on Anthony Gordon in January and are ready to splash more cash in the next transfer window.
Newcastle need more depth once European football is added to their schedule.
They last played in the Champions League 20 years ago and will be eager to make a mark if they return next season.
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