NEWCASTLE UNITED manager Alan Pardew has spoken for the first time since the club failed to land any of their transfer targets on deadline day.

The Magpies made just one new addition to their senior squad during the transfer window with Loic Remy joining on a season-long loan deal from QPR.

Pardew, who was keen to bring in another two players to strengthen his squad, released a statement this afternoon after fans took to social networking sites to vent their frustration at a lack of business, despite the arrival of director of football Joe Kinnear.

The statement from Pardew read: "We are delighted to have brought Loic Remy to the club in this window and we believe he will form an exciting and effective partnership with Papiss Cisse.

"Joe has worked hard on numerous targets, particularly an additional offensive player. However some of the options that were available within our financial means were not as good as the players we already had and there is no point bringing in new players unless they can improve us and take us forward.

"We did the majority of our business in the January window, signing five excellent first team players.

"With the strong squad we have we should all approach the season in a positive, optimistic frame of mind."