Newcastle United manager Steve Bruce has confirmed that the club will be running on a reduced budget next season, something Italian news outlet FCInterNews.it believe could complicate Valentino Lazaro’s potential stay with the club.

Lazaro joined the Premier League outfit on a six month loan with an option to buy set at around €20 million back in the January transfer window and the loan was extended until the end of the Premier League season.

“Will I have funds to spend? Yes of course,” Bruce explained as part of his pre-match press conference ahead of the goalless draw with Brighton today.

“But look I think there will be a lot of clubs, and we aren’t alone in this, not just because of takeovers, who will be waiting to see where this situation leads us.

“I was interested to hear Mikel Arteta speaking but it goes for a lot of the clubs, certainly in the Championship.

“I would envisage that our budget is not going to be as big as it was going to be in January before all of this started. There have been discussions but we are always trying to go and find another player, two, three or four.”

Austrian national team player Lazaro joined Inter this past Summer from Bundesliga club Hertha Berlin in a circa €20 million deal but struggled to break into the Inter starting XI during the first half of the season which led to him being loaned to Newcastle United.

This season the 24-year-old, who has a contract with Inter until 2023, has made 25 appearances across all competitions to date. In which he has scored two goals and provided two assists for his teammates.