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Craig Bellamy has hinted that Newcastle United might have been in the running for the Premier League title if it was 'allowed to spend like the others'.

While clubs like Manchester City and Chelsea had the chance to invest heavily and grow their revenues before the introduction of PSR rules in 2013, Newcastle hasn't bolstered their first team significantly in almost two years.

This isn't to say that Newcastle hasn't splashed the cash post-takeover, with players like Bruno Guimaraes joining the squad.

Bellamy even suggested that Bruno could 'go on and win' the Premier League soon.

When Jamie Carragher, laughing, asked if Bruno could achieve this feat with Newcastle, Bellamy said: "If PSR allowed it to spend like the others have been able to..." before the broadcast transitioned to a commercial break.

Newcastle is indeed basking in a much healthier position compared to the stressful days of last summer, when they barely dodged a Premier League Spending Regulation (PSR) violation - thanks to the eleventh-hour sales of Elliot Anderson and Yankuba Minteh to Nottingham Forest and Brighton.

Nonetheless, pragmatic dealings are still required due to the club's $135m loss limit over a rolling three-year period - a stipulation that led Newcastle legend Alan Shearer to voice his discontent mere hours before former strike colleague Bellamy's appearance on Monday Night Football.

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"They agreed everything for the owners to come in there."

"There is no other club that's more profitable and more sustainable than Newcastle United yet they can't spend what they want
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