Newcastle Director of Football Joe Kinnear has warned fans the club may not do any business in the January transfer window.
The Magpies have seen reports linking them with a clutch of foreign imports this January, including Luuk De Jong and Remy Cabella. However, Kinnear has warned that the Magpies will not be forced into January acquisitions.
"Given the business we did last January and with the addition of Loic [Remy] in the summer, it is our belief that we now have a squad that, in terms of quality and quantity, is stronger than we had in the season we finished fifth, and should enable the manager to deal with every reasonable eventuality," wrote in in his programme notes.
"For obvious reasons, in January 2013 we did significant business, but this year we can afford to take a more calculated and considered approach - if the right player becomes available for the right price and we are sure he can improve on what we have in the squad, then we may do business.
"If not, then we won't. That's how it should be. We will not be rushed or forced into making knee-jerk decisions, which experience tells us more often than not turn out to be costly mistakes.
"Now that we have strength and depth in most areas, as well as players within our ideal age range in most positions, our intention for the first team going forward is to sign one or two players per year to improve the squad. This will be done within strict financial parameters -- the club will only spend what it can afford."
Confirming the club's intention to only sign 'one or two players' a season, Kinnear also dismissed suggestions they would be signing older players, describing reports as 'poor journalism'.
"We have made certain elements of our transfer policy well known," Kinnear said. "One example being the desire to recruit players whose futures are ahead of them, not behind, which in nearly all cases means players in their early to mid-20s, not beyond.
"Already this window we have been linked in the media to players who fall significantly outside our parameters and I hope fans will see that reference to such players is, quite frankly, nothing more than poor journalism."