Newcastle United boss Rafael Benitez to receive sizeable warchest?

Benitez to receive sizeable warchest?
© Getty Images
Newcastle United manager Rafael Benitez could reportedly be given a transfer warchest of £70m after earning the club a return to the Premier League.

Newcastle United have reportedly decided to give Rafael Benitez a transfer warchest in the region of £70m ahead of the summer transfer window.

Last month, it was confirmed that the club's stay in the Championship would only last a year after they earned promotion back to the Premier League, and attention quickly turned to the amount of funds which Benitez would receive to sign new players.

According to The Telegraph, Benitez is due to meet with owner Mike Ashley at some point next week, but it has been suggested that he will have £70m to spend, should he choose to use it.

Benitez made as many as 11 permanent signings last summer, but the club still made a net profit due, in part, to the sales of Georginio Wijnaldum and Moussa Sissoko.

It has been claimed that the Spanish coach may want to make another eight signings, something which Ashley may not be keen to happen due to his intention to keep the wage bill at a workable level.

Newcastle can still win the league title should results go their way at the weekend.

Rafael 'show me the money' Benitez gestures during the Premier League game between Newcastle United and Sunderland on March 20, 2016
Read Next:
Benitez 'given January transfer kitty'
You May Like
Recomended from Sports Mole

1Manchester CityMan City98103242825
2Manchester UnitedMan Utd96212241820
3Tottenham HotspurSpurs96211961320
7Newcastle UnitedNewcastle9423108214
11Huddersfield TownHuddersfield9333710-312
12Brighton & Hove AlbionBrighton9324910-111
13West Bromwich AlbionWest Brom9243710-310
14Leicester CityLeicester92341214-29
15Swansea CitySwansea9225610-48
16West Ham UnitedWest Ham9225817-98
17Stoke CityStoke92251020-108
20Crystal Palace9108219-173