The Newcastle United takeover has generated plenty of excitement within the club’s fanbase over their new-found potential in the transfer market.
The completion of the club's Saudi Arabian-backed takeover from Mike Ashley has helped make Newcastle United one of the richest clubs in the world and which has transformed the club’s ambitions.
The Magpies are now inevitably going to be linked to a host of notable players, many of whom will be high earners who will be unable to afford contracts elsewhere.
There are multiple high-profile players at La Liga giants El Clasico rivals Barcelona and Real Madrid who are on the market for a transfer and to whom Newcastle will now likely be linked.
With that in mind, here are five players at Barca and Madrid who the club will have their eyes on.
Welsh forward Gareth Bale returned to Real Madrid this season following a season-long loan spell at Tottenham and has enjoyed somewhat of a resurgence in the Spanish capital.
He started the first three La Liga games of the campaign under the returning Carlo Ancelotti – whom he excelled under between 2013 and 2015 – before suffering an injury, ruling him out until November.
The exit of Zinedine Zidane has given Bale a temporary boost but he is out of contract next summer and the club’s plans to sign Kylian Mbappe may mean Bale is allowed to leave.
He is one of Madrid’s highest earners and with Vinicius Junior, Rodrygo Goes and Marco Asensio the other attacking options already in place may see Bale allowed to move on.
Newcastle could match his wage demands while offering him a return to the Premier League, which Bale may well be open to.
Brazilian playmaker Philippe Coutinho is Barcelona’s most expensive ever signing but has been hugely underwhelming at the Camp Nou.
Having joined from Liverpool in January 2018 for a £142million fee, Coutinho was earmarked as an Andres Iniesta replacement but was incompatible in the same team as Lionel Messi.
Coutinho struggled for form and spent the 2019-20 campaign on loan at Bayern Munich, while suffering injury issues recently.
Barca are desperate to offload the high-earner among their financial crisis, especially as Coutinho is far from a regular starter at the club.
A return to the Premier League – where he starred for the Reds – would surely be a logical step.
Another big-money Barcelona arrival who has struggled for form, Ousmane Dembele is out of contract at the Camp Nou this coming summer.
He could be sold for a cut-price deal in January or may even be available as a free agent by the end of the campaign.
Dembele’s stint at Barca has been hampered by multiple injury issues and fitness problems but there is little doubt of his undoubted attacking quality.
Real Madrid signed the highly-rated Serbian striker Luka Jovic for a £57million fee in 2019 but he has not made an impression in the Spanish capital.
Jovic has scored just twice in 38 Los Blancos appearances and spent the second half of last season on loan back at Eintracht Frankfurt having netted 27 goals in the 2018-19 campaign.
Aged just 23, Jovic still has a bright future and could be on the market at an affordable price.
Another Barcelona player who has struggled with regular injury problems, Samuel Umtiti is now sixth choice central defender at the club.
A high earner whom Barca are keen to shift from their wage bill, Umtiti had previously been central to the club’s success and to France’s World Cup title in 2018.
Umtiti fits the profile of player that may tempt Newcastle but one for whom a deal would be relatively straightforward to conclude with the Catalan giants.