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Joe Cole claims rock bottom Newcastle will splash £300m on players in January in bid to beat the drop.. and says 'fantastic' Eddie Howe is the right man for the job

Joe Cole expects Newcastle United will try to buy their way out of trouble with a £300million spending spree in the January transfer window.

The Magpies are rooted to the bottom of the Premier League table and they are the only top-flight team yet to record a victory after 14 games this season.

New boss Eddie Howe saw his side held by fellow-strugglers Norwich on Tuesday but Newcastle remain confident of avoiding the drop to the Championship due to their £305million takeover by Saudi Arabia's Public Investment Fund (PIF) in October.