12 months ago, following Newcastle United’s Carabao Cup success and trophy parade, the only question heading into the run-in surrounded our push for a top-five finish and the Champions League football that would bring.
We achieved exactly that, rounding off the 2024/25 campaign on a high, not only with a trophy but a return to Europe’s elite competition.
A huge summer was required to prepare us, yet what unfolded was a mess for months on end. Paul Mitchell quit as our sporting director, several ‘top targets’ rejected Newcastle for Premier League rivals, as pursuits of Bryan Mbeumo (Man Utd), Benjamin Sesko (Man Utd), Joao Pedro (Chelsea), Liam Delap (Chelsea), James Trafford (Man City) and Hugo Ekitike (Liverpool) all ultimately failed.
And that wasn’t even the major talking point, with the Alexander Isak saga dragging on from July right up until 2nd September, where he got his wish via a £125m switch to Liverpool.
In between those early rejections and Isak’s sale, it felt like Newcastle’s transfer strategy was chaotic, at best. Some moves look like smart ones, with Malick Thiaw (AC Milan) and Jacob Ramsey (Aston Villa), but a £110m spend on Yoane Wissa and Anthony Elanga looks head scratching at best, Nick Woltemade continues to look like the missing jigsaw piece in someone else’s puzzle unless we start playing to his strengths, and Aaron Ramsdale’s unconvincing form tells me he’s unlikely to stay beyond his loan, never mind become our future No.1.
All in all, our great start to 2025 quickly turned into a mess, sending us into 2026 with big issues to address, not only in first team personnel, but in our overall transfer strategy heading into the summer.
When Newcastle are in the market for top Premier League talent wanted by many of the ‘Big Six’, history suggests that four things happen. 1) We are outbid. 2) We can’t compete on wages. 3) Said player is more likely to join the ‘bigger club’. 4) We ultimately waste time.
All in all, it’s not great optics for the club to be ‘rejected’, as we saw so often last summer, and until we are able to compete in some of those departments, it feels like we must be smarter in our recruitment strategy. Not just to get who we want in good time, but to make our money go further in this FFP world we live in.
In short, Newcastle must go back to signing gems, be it from Europe or ‘lesser’ leagues, BEFORE they get that move and quickly become twice the price.
That’s not to say we should abandon moves for the right Premier League players – Tino Livramento (Southampton), Lewis Hall (Chelsea), Anthony Gordon (Everton) were all opportunistic buys that have worked a treat – but many of our best buys have been finding world-class players in waiting from the likes of Lyon (Bruno Guimaraes) or Real Sociedad (Alexander Isak).
They don’t grow on trees and it takes smart recruitment, but these are the sort of transfers that get Newcastle closer to competing at the top while working within these financial restrictions. Turning a £40m Bruno into a £100m-plus midfielder, a £60m Isak into a £125m striker or pouncing on Tonali at AC Milan while many others were sleeping on a move for one of Serie A’s top talents at the time.
It may feel like a step back to some, but if overspending on ‘ready made’ Premier League players gets you Wissa and Elanga for £110m when moves for Joao Pedro and Mbeumo fail, it feels like a no-brainer back to invest in our scouting team. Invest in European gems eager to join the project, play at St James’ Park and test themselves in the Premier League.
For several windows now, Newcastle have either bid for, scouted or been heavily linked with players who we’ll be wishing we invested in before they made major breakthroughs in the game.
Some we have been unlucky with. We pursued Hugo Ekitike at Reims and Frankfurt, then did our best to land Abdukodir Khusanov at Lens before Man City blew us out of the water, but that in itself is a sign our talent identification across is in a good place outside an inflated and overly competitive Premier League market.
There are more examples, such as:
Michael Kayode – Scouted by Newcastle during his time at Fiorentina, then completed a £15m move from Fiorentina to Brentford. If we reignited our interest this summer, he’d be worth more than triple that fee.
Manu Kone – Another player Newcastle were watching during his Borussia Monchengladbach days. As we seemingly looked elsewhere, he left to join Roma for £21m. A few season on, he’s now being linked with a big move to Inter Milan are almost three times that price.
Alex Scott – Find the right player in the Championship and you can hit a gold mine, as we’ve seen previously with Ebere Eze (QPR) or James Maddison (Norwich). Scott left Bristol City to join Bournemouth for £20m in 2023 and is now a full England international worth over double that figure.
Ibrahim Maza – Watched closely by Newcastle during his time at Hertha Berlin and strongly linked via the German media. In the end, he completed a £10m switch to Bayern Leverkusen and already looks to be a star in waiting, with his market value more than trebling in just over a year.
And there are plenty of others. Our talent identification isn’t the problem, but our strategy needs to improve, and you’d like to think it will now we have Ross Wilson in place as our sporting director, along with the ambitious David Hopkinson as CEO. It has to.
I still maintain that this idea Howe ‘won’t sign players not Premier League proven’ is a myth. He’s rubbished this in the past, having played active roles in recruiting Bruno, Tonali, Isak, Thiaw and Botman in the past, although there may be some merit in saying he needs to be more flexible.
So, who is the next gem in France, Germany, Spain or Italy we’ve got our eye on? I fully expect this to be Newcastle’s focus this summer.
While battling FFP and learning from the costly mistakes made last summer, European gems ready to make that next step trumps overpaying for ‘Premier League proven’, especially when many of the latter prove tougher to sign.