Newcastle boss Eddie Howe pours cold water on moves for Neymar and Cristiano Ronaldo

Newcastle United's newly appointed manager, Eddie Howe, has dismissed rumors linking the club with high-profile signings such as Neymar and Cristiano Ronaldo.

In an interview with Sky Sports, Howe stated that while he is always looking to strengthen his squad, he believes that signing players of that caliber would not be realistic at this time.

"We have to be realistic about what we can achieve in the transfer market," said Howe. "While we would love to sign players like Neymar or Ronaldo, the reality is that it would not be feasible for us at this moment in time."

Howe went on to explain that Newcastle United is currently in a rebuilding phase, and that his focus is on building a solid foundation for the future.

"We have to be patient and build something sustainable here," he said. "We can't just throw money at big-name players and hope that it will solve all our problems. We need to build a team that can compete at the highest level, and that takes time."

The rumors linking Newcastle with Neymar and Ronaldo had been circulating for several weeks, with many fans and pundits speculating that the club's new owners would be willing to spend big in order to attract top talent.

However, Howe's comments suggest that the club's new owners are taking a more cautious approach to spending, at least in the short term.

"Of course we want to compete with the best teams in the world," said Howe. "But we have to be sensible about how we go about it. We need to build a solid foundation, both on and off the pitch, and then we can start thinking about bringing in top players."

Howe's comments will likely disappoint some Newcastle fans who had been hoping for a big-name signing to kick-start the club's revival. However, they will also be welcomed by those who believe that the club needs to take a more measured approach to its spending.

Newcastle United has a history of overspending on players who have failed to live up to their potential, and Howe's comments suggest that the club's new owners are keen to avoid repeating past mistakes.

Instead, it appears that the focus will be on developing young talent and building a team that can compete over the long term.

"We have some talented young players at the club, and we want to give them the opportunity to develop and grow," said Howe. "We also want to attract the best young talent from around the world, and build a team that can compete at the highest level for years to come."

While some fans may be disappointed by the lack of big-name signings, there is no doubt that Newcastle United is in a period of transition. The club has new owners, a new manager, and a renewed sense of optimism after years of underachievement.

Howe's comments suggest that the club's new owners are willing to take a patient approach to building a successful team, and that they are focused on the long-term future of the club.

In the short term, this may mean that fans have to be patient and accept that the club may not be able to compete with the likes of Manchester City or Chelsea for the top players in the world.

However, if Howe and the club's new owners can build a solid foundation and develop a team that can compete at the highest level over the long term, then Newcastle United fans may have plenty to be excited about in the years to come