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Ironically enough, Toon fans can thank Ashley himself in that regard as his frugal spending left the club in profit over the past couple of years.
The signing of Michael Owen, which happened before Ashley even took ownership of Newcastle, stood as their record signing until the club shelled out for Miguel Almiron 14 years later.
That kind of frugality left the Magpies with a £35m profit between 2018 and 2020, something which hugely frustrated fans at the time, but will now allow them to take the shackles off.
Ambitious targets which came and went this summer such as Conor Gallagher will now be attainable realities, and who knows what else they can achieve in the transfer market.
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