With a ‘£100 million January bid lined up,’ Newcastle could derail Liverpool and Chelsea’s transfer dreams.

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With a ‘£100 million January bid lined up,’ Newcastle could derail Liverpool and Chelsea’s transfer dreams.

With their new owners, Newcastle are expected to compete with the best clubs in the world in the transfer market.

When the transfer market opens, Newcastle are expected to shake things up in the Premier League, with reports suggesting they may make a move to harm both Chelsea and Liverpool’s chances. The Toon Army is still rejoicing over Mike Ashley’s sale of the club to the Saudi-backed Public Investment Fund (PIF), which was completed last week.

On Monday, part-owners Amanda Staveley and Mehrdad Ghodoussi met with Newcastle’s players.

Since Newcastle’s ownership, Staveley has served as the club’s spokesperson, laying out their ambition to transform the Magpies into Premier League championship challengers over the next decade.

With Steve Bruce’s side now fighting relegation, major changes will be required in Newcastle’s roster.

They’ve yet to win in the Premier League this season, having only three points to their name after seven games.

Newcastle may make their first managerial change with reports hinting that a new manager is on the way.

However, all eyes will be on the January transfer market to see how the new owners spend their money.

Newcastle United is now the biggest football club in the world, with reported owners worth £320 billion.

With that type of cash, they’ll have to compete with the finest in the transfer market.

Newcastle are reportedly willing to spend around £100 million on their first target, according to Calciomercato.

Federico Chiesa, according to the Italian publication, has risen to the top of their wish list.

In recent months, Chelsea and Liverpool have been linked with an interest in the Italy international.

Liverpool has demonstrated a reluctance to spend large in recent years, and Newcastle’s interest in Chiesa could cost them a deal.

The Blues have already demonstrated that they have the financial wherewithal to back Thomas Tuchel in the transfer market.

Newcastle’s new owners, on the other hand, appear poised to shake things up in January with a record bid for Chiesa.

The 23-year-old played a key role in Italy’s Euro 2016 victory and is now considered Juventus’ primary player following Cristiano Ronaldo’s departure.

Juventus, on the other hand, is keen to keep Chiesa and will reportedly go to any length to avert a January sale.

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