With Newcastle starting brightly, a little bit of an investment in January could go a long way toward pushing the club to a Europa Cup spot.
A large chunk of the "Andy Carroll money" should be available to Alan Pardew. Fans won't be expecting trophy signings though; the club have made it clear that those days are over.
This list contains players that fit within the club's transfer policy: young, talented and affordable.
While signing the likes of Drogba or Tevez would excite fans, the Newcastle faithful take just as much pleasure in seeing players like Cheik Tiote and Yohan Cabaye come in and display talent, hunger and passion.
So, here are 10 dream, yet realistic(ish) buys.
Eden Hazard is one of the brightest young talents in world football.
The 20-year-old Belgian international was a Lille teammate of Yohan Cabaye and won the Ligue 1 Player of the Year award last season.
Competition for Hazard's signature is likely to be fierce, and Arsene Wenger is known to be a fan.
Chances are, Newcastle would be priced out of a move for Hazard, but with their growing reputation in France, there is a chance that the youngster would agree to a move to the North East.
Junior Hoilett fits the Newcastle transfer policy perfectly. Young, talented and possibly available on the cheap.
Hoilett's contract expires in the summer. If a new one hasn't been agreed to by January, expect Newcastle to make an offer.
The 21-year-old Canadian winger would certainly excite the crowd, and he has already proved he can perform at the Premier League level.
Luuk De Jong is a powerful young striker who is currently impressing at FC Twente.
At just 21 years old, he has already broken into the Dutch national side and has been scoring for fun in the league this season.
De Jong is unlikely to come cheap, and with Liverpool also tracking him, Newcastle may find it difficult to sign the Dutchman.
According to reports, the deal to bring Modibo Maiga to St. James' Park may already be done.
Maiga went on strike to try to secure a move during the summer, and while he has been regularly booed by Sochaux fans, he has still been in sparkling form so far this season.
While not that well known, Newcastle will be hoping that Maiga is another of Graham Carr's hidden gems.
For Andy Carroll to return to Newcastle this January, it would require a huge u-turn from Kenny Dalglish.
The £35 million signing hasn't settled well in Liverpool, and if the money was right, he might consider a return.
Newcastle allegedly have a 25-percent sell-on clause, so they would have to pay a lot less than other clubs to sign Carroll.
Would a cheeky £20 million bid persuade Liverpool to sell? Probably not!
Erik Pieters came very close to joining Newcastle in the summer.
While Newcastle did eventually sign Davide Santon, they are still desperately short of cover at full-back and centre-back.
With Pieters capable of playing anywhere across the back four, he would be an excellent signing.
Tranquillo Barnetta is another player who almost signed with Newcastle in the summer.
While injury ruled out that deal, the departure of Joey Barton and the failure of Dan Gosling to make an impact means the transfer may not be dead.
Barnetta would be a huge signing, but there are doubts as to whether the Magpies would be willing to match his wage demands.
Marvin Martin is another of France's hottest young talents and is more likely to join the likes of Arsenal.
The French international has been likened to Zinedine Zidane and would be a very difficult signing to pull off.
However, with Newcastle's excellent reputation in France, perhaps they can get Sochaux to sell Maiga and Martin in a double deal.
Newcastle were linked with Moussa Sow back in March, and there is still a chance they will make a move for the Senegalese striker in January.
Sow would likely command a sizable fee, which makes a move unlikely. But, Sow may yet be reunited with former teammate Yohan Cabaye at Newcastle.
Newcastle made a late move for Papiss Demba Cisse in August, but they had a bid in the region of 10 million pounds rejected.
The 26-year-old has been prolific again for Freiburg so far this season and would make an excellent signing.
His age and transfer fee may discourage Newcastle, but he certainly has the ability and stature to occupy the No. 9 shirt.