The club have already signed Neymar but want to add a top class central defender before the new season starts.
“Money won’t be a problem in terms of making a signing,” said Faus. “We’re not going to go crazy, but our priority in that respect is sporting.
“The financial department will make available the money necessary to pay for a transfer once an agreement has been reached with a club.”
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.