Newcastle United’s 2025/26 transfer net spend compared to Arsenal, Liverpool and other Premier League rivals.
Newcastle United have already kick-started their summer transfer window business with the signing of Reims goalkeeper Ewen Jaouen - and two further deals are reportedly in the works.
The France Under-21 international finalised a deal worth an initial £18.5m last week as he became the first new addition to Eddie Howe’s squad since an underwhelming season came to an end in May. Jaouen could have major competition to become Howe’s number one after reports over the weekend suggested Newcastle are in talks with Manchester City over a possible deal for James Trafford as the Magpies look to lure the England international to Tyneside for the third consecutive summer transfer window.
One deal that appears to be closer to coming to fruition is a move for Osasuna and Spain winger Victor Munoz as some reports have suggested a deal has been agreed and that the former Real Madrid academy product has also agreed personal terms over a possible £30m move to Tyneside.
There can be no doubt Newcastle will be hoping to oversee a more productive summer transfer window than the one they experienced last summer, when Alexander Isak’s £130million Premier League record departure to Liverpool cast a shadow over preparations for the season and a number of big money additions struggled to hit the heights during their first season at St James Park.
But how does Newcastle’s net spend during the last 12 months compare to their Premier League rivals?
Premier League clubs’ net transfer spend during the 2025/26 season
Malick Thiaw of Newcastle United and teammate Nick Woltemade celebrate winning the penalty shootout during the Emirates FA Cup Third Round match between Newcastle United and AFC Bournemouth at St James' Park on January 10, 2026 in Newcastle upon Tyne, England. (Photo by Annabel Lee-Ellis/Getty Images)placeholder image
Malick Thiaw of Newcastle United and teammate Nick Woltemade celebrate winning the penalty shootout during the Emirates FA Cup Third Round match between Newcastle United and AFC Bournemouth at St James' Park on January 10, 2026 in Newcastle upon Tyne, England. (Photo by Annabel Lee-Ellis/Getty Images) | Getty Images
1. Arsenal - £243m loss 2. Liverpool - £227m loss 3. Manchester City - £168m loss 4. Tottenham Hotspur - £158m loss 5. Manchester United - £149m loss 6. Sunderland - £135m loss 7. Everton - £101m loss 8. Nottingham Forest - £97m loss 9. Leeds United - £92m 10. Newcastle United - £89m loss 11. Burnley - £84m loss 12. Fulham - £49m loss 13. West Ham United - £46m loss **14.**Crystal Palace - £41m loss 15. Aston Villa - £11m loss 16. Chelsea - £4m loss 17. Brentford - £44m profit 18. Brighton and Hove Albion - £55m profit 19. Wolverhampton Wanderers - £70m profit 20. Bournemouth - £112m profit
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