Newcastle ready to battle Tottenham for PSG star after huge cash injection

Newcastle United’s takeover has automatically propelled the club to the top of the rich list in Europe and, with a flurry of new signings expected in January, Mauro Icardi could be one of the first arrivals on Tyneside.

The Paris Saint-Germain striker is believed to be on the list of potential targets put together for Newcastle in the winter transfer window.

The £305million takeover deal was concluded on Thursday which saw the Saudi-based Public Investment Fund (PIF) take control of the club from Mike Ashley.

With their combined wealth, it is estimated the PIF are worth around £320bn — 10 times the wealth of the next richest club, Manchester City.

Director Amanda Staveley has already promised that there will be heavy investment to help the Magpies return to European football and challenge for honours.

And according to reports in Italy, PSG star Icardi could be one of their first targets to arrive at St James’ Park.

Calciomercato report that Newcastle have joined Tottenham and Juventus in the race to sign the Argentinian, who could be available for around £45m.

The 28-year-old has seen his game time decrease in recent times at PSG after the French giants brought in Lionel Messi this summer on a free transfer.

The former Barcelona star has joined a formidable frontline with Kylian Mbappe and Neymar, leaving Icardi frozen out under Mauricio Pochettino.

He has started just four of eight league games this season, scoring three goals for the Parisians.

And with Messi’s arrival at Parc des Princes, the Argentina international has been tipped to head back to Serie A with Juventus.

Icardi made his name for Sampdoria before sealing a high-profile switch to Inter Milan, where he scored 124 goals in 219 appearances.

But he fell out of favour in Italy and joined PSG on loan in 2019, before making the move permanent last summer for £40m.

However, Icardi made only 20 appearances in Ligue 1, scoring seven goals, with Mbappe preferred in the central striking role alongside Neymar and Angel Di Maria.

But Newcastle, armed with their new backers, cannot be ruled out if they are to move for Icardi.

Signing Icardi would mark a statement of intent from the club’s new owners who are aiming to recruit big-name players.

But it remains to be seen who will be in charge with current boss Steve Bruce’s position understood to be under threat.

Staveley revealed she has already spoken to Bruce about his work at St James’ Park and there are talks planned in the coming weeks.

But the Newcastle director hinted change could be afoot in both player recruitment and the dugout.

“We’ve got a great squad,” Staveley told Sky Sports.

“I had a great chat with Jamaal [Lascelles] tonight as captain.

“We’re really excited about strengthening the squad, but we have to work within Financial Fair Play and make sure this is done over a longer term.”

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