According to the New of the WorldNewcastle United owner Mike Ashley has told new Magpies boss Alan Pardew that he will have a £10m transfer kitty for the January transfer window. This sum contrasts sharply with the funds on offer to former manager Chris Hughton who was promised no money to spend on transfers and was repeatedly denied a long-term contract at the club.

Pardew is rumoured to have targeted Los Angeles Galaxy winger Landon Donovan as his first recruit at St James' Park.

The American international has previously proved his Premier League credentials whilst on a loan spell at Everton last season.

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