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Report: Newcastle want 'very interesting' player, but may have to blow their whole transfer budget to get him
Photo by Gualter Fatia/Getty Images

Report: Newcastle want 'very interesting' player, but may have to blow their whole transfer budget to get him

Newcastle United may have to spend all of their remaining transfer budget in order to sign Benfica forward Goncalo Ramos.

A report from 90min suggests that Benfica are looking for around £30m for the 21-year-old forward.

And I News have now claimed that Newcastle only have £20-30 million left to spend this summer.

Photo by Zed Jameson/MB Media/Getty Images

Howe had previously suggested that he wanted two more signings in this window, which could rule out a move for Ramos.

However, Newcastle could be able to convince Benfica to accept a structured deal instead, with the payment being spread out over several years.

Newcastle may have to spend all of their budget to get Ramos

The Magpies have been relatively quiet in the transfer market so far, with Sven Botman, Matt Targett and Nick Pope their only incomings at the moment.

They’ve been linked with a whole host of players over the course of the window though, and are clearly still looking to add a few new faces to the squad.

However, the injection of cash from their new owners has made negotiations tricky, with many clubs holding them to random over player valuations.

Photo by Gualter Fatia/Getty Images

Leicester City have frustrated Eddie Howe’s side over their interest in James Maddison and Harvey Barnes, and Everton have set a high asking price for Anthony Gordon.

This, combined with FFP restraints, have made things trickier than expected for Newcastle.

I News’s report suggests they could dip into the loan market, with Callum Hudson-Odoi and Conor Gallagher interesting them.

It would allow them to bring in new players without taking too much money away from their transfer kitty, but a decision now has to be made on whether Ramos is worth emptying the coffers.

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