Newcastle United have spent big in recent years under their Saudi owners, but just how big?
The Magpies spent big to replace Isak, signing both Nick Woltemade and Yoane Wissa, while they also made moves in other positions, acquiring the likes of Malick Thiaw, Jacob Ramsey and Anthony Elanga. That takes Newcastle’s net spend over the last five years - tying in nicely with the Saudi Public Investment Fund takeover - to an eye-watering €492.44m. But where does that rank among the rest of the Premier League?
Premier League clubs ranked by five-year net spend
Man Utd - €782.92m
Arsenal - €772.91m
Chelsea - €757.11m
Tottenham - €650.98m
Newcastle - €492.44m
Liverpool - €487.85m
Man City - €468.33m
West Ham - €407.56m
Nottingham Forest - €374.58m
Crystal Palace - €206.91m
Sunderland - €137.09m
Fulham - €136.72m
Burnley - €123.28m
Brentford - €122.25m
Bournemouth - €106.14m
Aston Villa - €92.52m
Leeds - €86.23m
Wolves - €50.94m
Everton - €13.87m
Brighton - +€610k (profit)
Only four clubs have spent more than Newcastle United over this five-year period. Manchester United predictably top the list at €782.92m, though that has only translated into an FA Cup and EFL Cup during that time. The Red Devils are followed by current leaders Arsenal (€772.91m), Chelsea (€757.11m) and Tottenham Hotspur (€650.98) - the latter’s level of spending staggering considering they finished 17th last season and currently sit 14th.
The spending at St. James’ Park has paid off so far, of course, with Eddie Howe leading Newcastle to two Champions League qualifications and two EFL Cup finals over the past three seasons alone - winning last season’s EFL Cup final against Liverpool to land their first major trophy since the 1954/55 FA Cup.
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Newcastle’s rivals, Sunderland, also place surprisingly high on the list, with their €137.09m net spend placing them 11th among current Premier League clubs. That’s largely fuelled by a €136.90m net summer recruitment drive after securing promotion, bringing in the likes of Granit Xhaka, Robin Roefs, Nordi Mukiele and Noah Sadiki among others.
Everton have the lowest net spend of any club in the red at just €13.87m, with the Toffees continually forced to balance the books as they battle Premier League spending regulations, yet still managing to maintain their top-flight status.
Perhaps most eye-catching is Brighton standing as the only club to make a profit during this five-year period. The Seagulls have developed and sold a host of star players, including Moises Caicedo, Marc Cucurella and Joao Pedro to Chelsea, alongside the likes of Alexis Mac Allister, Ben White and Yves Bissouma. Brighton have managed to replace these talents at a cheaper price to generate a profit, while never finishing below 11th across the last four seasons, finishing in the top half three times, and even qualifying for Europe.
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