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Newcastle United squad value compared to Premier League rivals as January transfer window closes

How does the transfer value of the Newcastle United squad compare to their rivals across the Premier League?

Newcastle United experienced a surprisingly quiet January transfer window as the Magpies opted against strengthening Eddie Howe’s squad ahead of a hectic final three months of the season.

With no new signings secured over the last month, the focus remained on moving on several players from within the first-team and Under-21s set-up. There was an emotional moment on Tuesday when it was confirmed long-serving club captain Jamaal Lascelles had brought an end to his 12-year association with Newcastle after completing a permanent move to Championship club Leicester City.

Fringe players Joe White and Harrison Ashby both agreed to spend the remainder of the season with League One promotion contenders Bradford City and summer signing Antonio Cordero returned from an underwhelming loan spell with Westerlo before joining Cadiz for the rest of the campaign. Under-21s captain Cathal Heffernan joined Harrogate Town on a permanent basis and Ben Parkinson brought an end to his time as a Magpie when he completed a move to Scottish Premiership club Falkirk. Two of his former team-mates also moved north of the border as goalkeeper Max Thompson and defender Charlie McArthur made loan moves to Ayr United and Airdrieonians respectively.

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Despite those departures, Newcastle still have an impressive array of options available to Eddie Howe when their first-team squad is fully fit and available - but how does the value of the Magpies squad compare? We take a look at how the market value of Newcastle United’s first-team squad compares to their Premier League rivals with the help of figures from the transfer experts at TransferMarkt.

Premier League squad values

Rayan Cherki of Manchester City celebrates scoring his team's second goal with teammates.placeholder image

Rayan Cherki of Manchester City celebrates scoring his team's second goal with teammates. | Getty Images

1st. Manchester City - €1.29bn 2nd: Arsenal - €1.27bn 3rd: Chelsea - €1.16bn 4th: Liverpool - €1.04bn 5th: Tottenham Hotspur - €876.50m 6th: Manchester United - €719.15m 7th: Newcastle United - €709.55m 8th: Nottingham Forest - €599.60m 9th: Crystal Palace - €536.10m 10th: Aston Villa - €531.50m 11th: Brighton and Hove Albion - €511.00m 12th: AFC Bournemouth - €447.10m 13th: Brentford - €434.40m 14th: Everton - €423.65m 15th: Fulham - €372.95m 16th: West Ham United - €338.95m 17th: Sunderland - €327.03m 18th: Leeds United - €321.03m 19th: Wolverhampton Wanderers - €311.35m 20th: Burnley - €251.65m

What has Eddie Howe said about Newcastle United’s January transfer window?

Newcastle United head coach Eddie Howe.placeholder image

Newcastle United head coach Eddie Howe. | AFP via Getty Images

Speaking ahead of Wednesday night’s Carabao Cup semi-final second leg at Manchester City, the Magpies boss said: “The squad is okay. I think if it was a fully fit squad, it'd be really strong in all areas. Of course, it's not. So we need to get our injured players back fit. Until we do that, I think there'll be a slight imbalance and we're certainly stretched defensively. But yeah, of course, I'm very happy with the squad. Financially it wasn't possible. As I said right at the start of the window, there may have been players that we were looking at that were for the future, younger players that we could develop. But ultimately, nothing happened. I didn't think there was going to be a player coming in that was going to affect the first team.

“Yes [it’s a risk]. We were left with no other option really. I think we have to. Every decision we make has a long-term implication. So there's no guarantees that even signing someone with the funds that we had available would help us short-term anyway. So it is what it is. We've been used to sort of working in these conditions now for a while. I think we've only been active in one transfer window out of the last four or five. So I think we're under financial restrictions. We have to be really, really smart. And we've decided to wait until the summer.”

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