Premier League: Newcastle boss Alan Pardew wants to sign three new players
Newcastle boss Alan Pardew is expecting a busy summer as he looks to bring in at least three new players.
Last Updated: 27/02/14 5:09pm
This week Newcastle announced financial figures which showed they recorded a profit after tax of £9.9million for the year ending June 2013.
The club believes those results confirmed the continued success of owner Mike Ashley's drive for self-sufficiency - although the policy resulted in the sale of key midfielder Yohan Cabaye in January.
Pardew is aware that his current squad will need improving in the summer with strikers Loic Remy and Luuk de Jong only on loan at St James' Park and several players either out of contract or approaching the point where the club will have to make a decision on whether to keep them.
The Newcastle boss said: "We are going to need at least two or three signings who come straight into that team or have a very, very good chance of starting.
"I think we have got a summer where we are going to have to be a lot more active than we have been for a while because we are looking light in certain areas.
"The strikers are an area where that we are going to have to address, for sure, and we are going to have to find a replacement for Cabaye, so that's a big job in itself, let alone perhaps a couple of other positions that we might need.
"The finances of the club are in good shape. As I have said before, we know we have got to do some work in the summer after losing Cabaye, we we'd like to think we will have to spend some of that this summer.
"But the board has done well to get those figures and we look forward to the next period of, hopefully, our growth."
Pardew has known the ramifications of the financial model since he took his job in December 2010 and is determined to fulfill his part of the bargain.
He said: "We are the eighth best team in the Premier League in the history of it and we want to get higher than that, so that's what we have got to try to do.
"We haven't Qatar money, we haven't got that sort of finance, so it is a slow-build, keep getting better, keep getting stronger, and hopefully our fans realise that."