Last Updated: Tue, 06 May 2008 11:41
Newcastle chairman Chris Mort has promised that Kevin Keegan will have money to spend on new players over the summer.
Newcastle boss Keegan is looking to strengthen the side in the summer and was frustrated to miss out on one of his top targets Luca Modric when the Croatian opted to join Tottenham rather than move to St James' Park.
Mort though has promised he will be backed by the club in his efforts to land new talent in the summer.
"Over the summer, we will look to strengthen the squad further," Mort said in his programme notes ahead of Monday's Premier League clash with Chelsea.
"In addition to making any immediate fixes that may be required, as with everything else we have done since Mike acquired the club, we will want to acquire players that can help make Newcastle United a top team for the medium and long-term, not just for the next season or two.
"That is why we put a substantial offer in for Luka Modric, who is aged 22.
"It is frustrating that Modric, like (Jonathan) Woodgate before him, should take less money than we offered to move to the bright lights of London, and European football with Tottenham next season, but these are the sorts of difficulties that should get easier to address once we build a squad that competes at the right end of the table."