Toon transfer budget set for hefty boost if Watford agree big money deal for ex-NUFC striker

Newcastle appear to be edging closer to a much-needed transfer windfall as Adam Armstrong’s potential move to the Premier League draws closer.

The Sun reported at the weekend that Watford have had a £15million bid rejected by Blackburn for our former academy product, with Rovers holding out for over £20 million.

24-year-old Armstrong bagged 29 goals in the Championship last season, attracting interest from a host of clubs - including West Ham, Southampton and newly promoted Watford.

Thankfully, The Chronicle have recently confirmed that we installed a huge 40% sell-on clause when we offloaded the forward for a measly £1.5million back in 2018, which means we could be looking at a cool £8m payout if a £20m sale eventually went through, for example.

Many Toon fans have called on NUFC to resign the England U20 World Cup winner, with backup options to Callum Wilson looking scarce among the current squad.

A simple maths calculation shows that we could effectively buy one of the hottest goalscorers in the Championship for just £12 million should Blackburn hold out for £20 million - a move that I believe we should 100% be acting upon.

That said, should he end up elsewhere as part of a big money deal, it looks like Steve Bruce alleged £10m budget could almost double - providing Ashley plows all of the takings back into his limited transfer kitty.