Amanda Staveley says Eddie Howe will be backed in the January transfer market following his appointment as Newcastle’s new head coach.
Howe replaced Steve Bruce in the St James’ Park dugout this week and his immediate priority will be steering his new side away from the Premier League relegation zone.
Newcastle are 19th in the table and remain the only side in the top flight that are yet to win a game this season, despite becoming one of the wealthiest clubs in the world when a Saudi-backed consortium bought the club from Mike Ashley last month.
Staveley told the Newcastle website: “We are preparing for the January transfer window. It’s not a window we would ordinarily want to invest in, because you probably don’t get the right deals, but that’s something that is important at the moment.
“It would have been an easy decision for us not to buy the club, just to wait until post-Christmas and post the January window and see where the club was in the league, and then make the acquisition.
“That would have been the safe investment bet, but we didn’t do that. We decided, if we didn’t do it now, it wasn’t going to happen and we had to take that risk.