Speaking about how many transfer kitty that the top four would spend in the summer is like a daydreaming story for most of us, an ordinary supporters, who have to work all day and all night to collect pennies just for a ticket in weekend to see our team playing.

These are coming the sunday newspapers and many of them circulating the old and new speculations about the premierships team summer transfers. From News Of The World article, believe it or not, Arsene Wenger being given the green light to splash £15m on Oba Martins.

Concurrently, The Mail recknos Wenger’s transfer kitty has been slashed to £25m, meaning he will only be able to sign three or four players in the summer.

Other news from NOTW also has Abramovich authorising a record-breaking £80m move for Barcelona’s, Lionel Messi, while Sir Alex Fergusson ready to make a £25m bid for Citeh’s Micah Richards. Newcastle also interested in Micah in January but the player choose to stay and extend the contract.

With the latest City situation where Eriksson is almost certain will not in charge again next season, the possibilities are now open wide again for other premier league giants to get some of their quality players out from City of Manchester.

Meanwhile, Kevin Keegan said once again that Michael Owen’s contract situation at St James’ Park remains unresolved and he was keen to open discussions very soon in the near future before it’s too late.

“He has every right to be free at the end of the season and go anywhere he wants,” Keegan said in The People. “That’s why I said eight weeks ago we should tie him up. If we don’t, and we lose him, then what can I say?”

Owen situation has been the subject of speculations from the start of the year of 2008. When we were still strugglin in relegation battle, Newcastle chairman Chris Mort preferred we secured our premier league status first before starting any new contract extention for Michael Owen.

Clarky, one of Magpies Zone contributor said that Mort’s policy probably reasonable when dealing with someone like Stephen Taylor. However, for someone like Owen, Kevin Keegan is spot on in believing we should be sorting his contract out just as soon as possible.

This kind of thing confirms to me Chris Mort’s worrying lack of knowledge and experience of the fooball game. I also worry about Keegan losing faith in those handling the administration behind the scenes, and how he might react to losing a player like Owen through sheer bloody-minded procrastination.

United winger James Milner has been sidelined since picked up bad foot injury in the 3-0 defeat by Liverpool at Anfield on March. But Keegan has told him that he will have the chance to get involve in United last two matches this season.

“He’s got a lot going for him. Like one or two players now, he’s found himself on the outside just by circumstance, and the fact the team’s put a run together.” Keegan said in an interview with ChronicleLive, “But James could well be included in the game against Chelsea on Monday.”

Milner also taking part in Toon last trip to West Ham although not been named as one of United substitutes. Keegan wants to show him that he’s care and Milner is the player he like to be part of Newcastle team.

Meanwhile, Alan Smith’s agent has rejected any reports that linking his man with a move to Rangers. Recent reports suggested the Ibrox side has lining up a swoop for United’s man in the summer.

Smith’s representative Alex Black says the player is happy at St James’ Park and want to be part of Keegan’s revolution next season.

“Alan has no intention of leaving Newcastle, he is happy at the club,” Black told skysports.com “Alan is not thinking about anything else but coming back fresh for next season and helping Newcastle to success.”

Kevin Keegan has seen we have good enough back-up for the future in our reserves squad, and he also keen to keep them together and maturing their skill before breaking through to the first team when the time is right.

Toon’s reserves skipper has played his first senior appearance under King Kev last Saturday when we make a nice revenge against Steve Coppell’s Royals squad. David Edgar has received numerous praise from his gaffer and also from Steve Coppell for his prformance last weekend.

This week, Newcastle reserves number one goalkeeper Fraser Forster has signed new contract that will keep him at United until 2010. Forster has been deputize Steve Harper in last couple of matches for the absence of Shay Given’s recovery from a groin injury.

“It’s nice to hear other people say that I’m the club’s most improved player, but I know there’s still plenty of work to be done and I’m looking forward to doing that with the people at this club.” Fraser said.

Kevin Keegan said he has worked extremely hard and was very keen to get him under contract which they did.

“We will look for him to continue his development here and there is no reason why he can’t go on to represent his country at under-21 level.” KK said.

20-year-old Hexham-born stopper has been a regular for the Magpies’ reserves this season with a string of top drawer performances and for all he has shown each game has been rewarded improved and extended terms. Congratulations Forster!