The Magpies sold Andy Carroll to Liverpool on transfer deadline day for a British transfer record of £35million in the January transfer window.
Pardew insists Newcastle owner Mike Ashley is ready to invest in new players.
“I think Mike’s made it clear that the financial model that he’s put in here is one where he doesn’t have to go to his personal world to fund it,” he said.
“While he is here, he wants to make it viable. We’re going to use that money to build the club and have a team on the pitch.
“The most important thing is Mike’s a supporter and he wants his team to be exciting and wants to get excited about the prospects of the club.
“So it’s a two-fold situation here, and I’m leaning on his passion for the team to get more money out of him and use as much money as I can.
“The short of it is that we will be signing players in the summer, for sure.”
