Newcastle United manager Eddie Howe has insisted the club's spending will be limited for "years" despite the wealth of the club's Saudi-backed owners.
This summer the club have invested £32m in Sven Botman, £15m in Matt Targett and have signed goalkeeper Nick Pope for an undisclosed fee this summer.
But Howe says it is wrong to assume the club can "sign whoever we want".
"Financial Fair Play will impact us, will continue to impact us, I think, for a number of years," Howe said.
"We haven't got the free rein, the free hand that maybe has been perceived in the media, that we can go and sign whoever we want and pay extortionate fees and wages.