Eddie Howe signs new deal with Newcastle United

Howe warned Newcastle fans that financial fair play regulations would prevent him from spending heavily in the transfer market for some years to come

NEW DEAL: Newcastle United manager Eddie Howe has signed an extension to his contract.

Eddie Howe signed a new long-term contract at St James’ Park on Friday but warned Newcastle fans that financial fair play regulations would prevent him from spending heavily in the transfer market for some years to come.

Despite the vast wealth of their new Saudi Arabian owners, Newcastle have still to develop the commercial revenue streams which would enable them to invest significantly in players while remaining within the rules.