Steve Bruce has already warned Newcastle United fans there will not be 'millions and millions' of pounds to spend in the upcoming transfer window.
The Magpies spent big on Callum Wilson and Jamal Lewis last summer, while also recruiting free agents Ryan Fraser, Jeff Hendrick and Mark Gillespie.
The ongoing financial ramificiations of the Covid-19 pandemic and a full season without matchday revenue means most Premier League clubs will be working with reduced transfer budgets.
Newcastle could look to trim their own squad to free up space on the wage bill, or even raise transfer fees to be reinvested.
The likes of Christian Atsu and Henri Saivet are expected to leave at the end of their deals, with decisions expected on the likes of Paul Dummett, Federico Fernandez and Fabian Schar.
The impact of the Covid-19 pandemic is visible in the market values given to each Newcastle star by TransferMarkt, with many falling since the summer of last year.
With incomings and outgoings expected at St James' Park, here's a look at the transfer value of each player according to TransferMarkt.
Allan Saint-Maximin - £25.2m (no change)
Callum Wilson - £22.5m (increase of £4.5m)
Joelinton - £15.3m (drop of £2.7m)
Jamal Lewis - £15.3m (increase of £5.4m since April 2020)
Miguel Almiron - £14.4m (no change)
Joe Willock - £14.4m (on loan from Arsenal - no change)
Sean Longstaff - £13.5m (drop of £2.25m)
Jonjo Shelvey - £11.7m (drop of £1.35m)
Jamaal Lascelles - £11.7m (drop of £1.35m)
Fabian Schar - £10.8m (drop of £0.9m)
Ryan Fraser - £10.8m (drop of £4.95m since April 2020)
Isaac Hayden - £9m (increase of £1.8m since April 2020)
Jeff Hendrick - £8.1m (no change)
Freddie Woodman - £8.1m (on loan at Swansea - increase of £5.22m)
Martin Dubravka - £5.4m (drop of £1.35m)
Dwight Gayle - £4.5m (drop of £4.05m since April 2020)
Matty Longstaff - £4.5m (no change)
Florian Lejeune - £3.78m (on loan at Alaves - drop of £0.54m since April 2020)
Matt Ritchie - £3.6m (drop of £4.95m)
Ciaran Clark - £3.6m (drop of £0.72m)
Paul Dummett - £3.6m (drop of £1.35m)
Emil Krafth - £3.6m (no change)
Jacob Murphy - £3.15m (no change)
Federico Fernandez - £2.7m (drop of £2.25m since April 2020)
Karl Darlow - £2.7m (increase of £0.54m)
Javier Manquillo - £2.7m (drop of £0.9m)
Yoshinori Muto - £2.52m (on loan at Eibar - drop of £2.43m)
Andy Carroll - £1.8m (drop of £1.08m)
Christian Atsu - £1.8m (drop of £2.52m since April 2020)
Henri Saivet - £720k (no change)
Mark Gillespie - £360k (no change)
