The team from St. James Parka is in last place in the Premiership with only seven points and by the end of the season they will have a fight for survival.
However, that fight will be greatly facilitated as Newcastle recently became the richest team in the world after being taken over by the Saudi royal family.
The big purchase is expected to start as early as January, and manager Eddie Howe will have a huge figure at his disposal.
This was revealed by former English footballer Joe Cole, who also announced the figure that will be spent on reinforcements.
"Newcastle will spend a huge figure on new players. That figure will be between £ 200m and £ 300m in January alone. The owners have not taken over the club to play," Cole said.