Newcastle United owner Mike Ashley is willing to spend big this summer.
The Sunday Express says Ashley believes transfer values will rocket next year as the huge new £5 billion TV deal comes into play.
So Ashley wants to complete most of his big buying this summer and has told chief scout Graham Carr to come up with the targets for managing director Lee Charnley to try and conclude the deals.
He is prepared to break his own transfer record, the £12m which brought French midfielder Remy Cabella from Montpellier before the start of the season.