Here are nine players that have officially become free agents today (July 1).
While the Magpies’ takeover means they have a much improved budget, the turn of July marks a new area of the transfer market they can delve in to.
Today is the day that some of the world’s biggest stars become free agents as their contracts with previous clubs expire.
While the likes of Paul Pogba and Divock Origi look like they have already secured a new club, there are still plenty of footballers on the search for their next destination.
We take a look at nine players that are now available on free transfers - including three Newcastle targets...
1. Edinson Cavani
After an injury-ridden spell at Old Trafford, the 35-year-old leaves Manchester United after scoring 19 goals in 55 matches. The Uruguayan has been linked with the likes of Boca Juniors and Rayo Vallecano.
2. Federico Bernardeschi
The 28-year-old is one of a number of players that have left Juventus this summer, however he looks likely to remain in Italy with Napoli and Roma interested.
3. Jesse Lingard
Despite being offered a new contract, Lingard becomes a free agent today after 22 years with Manchester United. West Ham are eager to bring the 29-year-old back to London after his superb loan spell last year.
4. Paulo Dybala
Dybala is one of many high-profile players that become free agents today after departing Juventus. The forward was linked with a move to the Premier League but it appears his wage demands have put off a number of clubs.