Newcastle United need to spend as much as £40m to sufficiently strengthen the squad this summer, believes former chairman Freddy Shepherd. "They need to spend as much as possible," Shepherd told BBC Newcastle.
"You can never have enough money. When I was chairman we spent £300m and got into Europe and went to Wembley but we didn't win anything.
"Manchester United will spend £50-60m this summer, we really need to spend as much as £30-40m to bring in a couple of good strikers and a couple of good defenders."
"Under the circumstances he (Alan Pardew) did what he was told to do which was finish in the top 10," Shepherd added.
"If you aren't given the ammunition you can't fire the gun, that was Alan's problem. It's money at the end of the day.
"Every football club suffers injuries and sells players but Newcastle need the money to give Pardew a chance."
