Carroll joined Liverpool in a £35million deal from the Magpies on transer deadline day during the January transfer window.
“It was best for the club,” Nolan said on Carroll’s January exit. “It’s worked out for us better that Andy’s gone although we’d love to have him still here.
“If he was, we’d probably have a few more points on the board and would be able to build a team around him which was going to be great.
“But £35m? Come on. It’s an astronomical sum. The club would have taken £10m last season and £4m when we were relegated.
“It shows what he’s done in a short space of time and how big he was for us.
“But now he’s got a new chapter in his life and we’ve got a lot of money to spend. If we can get four or five players in for that, it works the best way you can possibly think of.
“We’re in such a fantastic position at this moment so let’s just see what happens.”
