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Newcastle have paid DOUBLE what Chris Wood was worth in a show of financial strength that has made Burnley, Watford and Norwich the bookies' favourites to go down...but the relegation battle will not be decided on a betting slip

Newcastle United have brandished their new cheque book and immediately the odds on retaining Premier League status have shifted in the Magpies' favour.

The battle for survival in the top flight is looking more and more like a four-way fight, with Norwich City, Burnley, Newcastle and Watford now all adrift of Leeds United.

Toon were odds on to go down at the turn of the year, but after the acquisition of Kieran Trippier for £12million from Atletico Madrid and Chris Wood from Burnley for £25million, they have bounced back.