Newcastle United's owners have pumped a further £15m into the club to cover outstanding costs.

That is according to football finance expert Kieran Maguire after a Companies House update revealed a single share had been sold for the aforementioned fee last month. A series of similar filings have been made since the takeover more than three years ago.

One such cash injection was worth a whopping £70.4m in 2022 and covered investment in the squad, a training ground upgrade, improvements to St James' Park and the hiring of a number of senior executives. CEO Darren Eales said at the time that the 'additional investment further enables us to continue implementing the business plan' and last year the club confirmed that the ownership group had since 'injected additional capital to improve the financial position of the business'.

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This enables Newcastle to improve the club's cash flow position without having to borrow with interest as Maguire explained.

"I know some Newcastle fans were getting excited," he told the Price of Football. "Is this an opportunity to spend more money?

"As we have said on many occasions. If you owe money on your credit card, you've got to pay that off first before you can go and spend more money so I think this is a classic example."

Newcastle could end up keeping their powder dry this month even if Miguel Almiron returns to Atlanta United. Eddie Howe stressed last week that there was 'not a pot of money there waiting to be spent'.

Newcastle ended the summer window in profit following the sales of Elliot Anderson and Yankuba Minteh and the Magpies stopped bidding for Marc Guehi weeks before the close of business after Crystal Palace's demands went beyond what the club were prepared to pay.

Although Newcastle ended up saving £65m-plus on Guehi, Howe said on Friday 'it was not as clear as everyone will make out' as 'if you spend more then you have to recoup it at a later date'.