Newcastle United boss Kevin Keegan says the 'good times are back' after yesterday's derby victory over Sunderland.

An already raucous atmosphere at St James' Park went up several notches on the finally whistle and sent Newcastle owner Mike Ashley into raptures.

Keegan said: "He said there is £250million to spend in the transfer window. I think that's what he said.

"Or he may have said, 'I am going out on the town tonight'. I think it was the second.

"No, I am just joking. He is pleased and I am pleased for him.

"Terry McDermott just turned to me with five minutes to go when they were singing and he said, 'It's like the old days, Gaffer'."