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Mike Ashley 'set to give £50m transfer war chest to Steve Bruce'... with loan sensation Joe Willock and Liverpool surprise story Nat Phillips in the Newcastle manager's thinking

Mike Ashley will reportedly give Steve Bruce £50million this summer, with moves for Joe Willock and Liverpool centre back Nat Phillips being weighed up.

Willock joined the Magpies on a temporary deal from Arsenal in January and carved out a reputation as a brilliant supersub as he scored in seven consecutive games at the end of the season to play a huge part in hauling Newcastle away from the relegation zone.

Gunners boss Mikel Arteta has previously said that Willock is not for sale, but The Sun is reporting that the north London outfit could let the 21-year-old leave for £30m.