Newcastle United’s net spend has increased during PIF’s ownership - but how much have they spent compared to their Premier League rivals?
Wednesday marks the fifth anniversary of the completion of a PIF-led takeover at Newcastle United that has led to an upturn in fortunes at St James Park.
After years of limited ambition and investment under their former owner, the new-look hierarchy at St James Park helped guide the Magpies away from the Premier League relegation zone and have helped the club qualify for the Champions League on two occasions and end their 70-year wait for major domestic silverware with a Carabao Cup final win against Liverpool.
Newcastle United non executive and PIF governor Yasir Al-Rumayyan. (Photo by Clive Brunskill/Getty Images)placeholder image
Newcastle United non executive and PIF governor Yasir Al-Rumayyan. (Photo by Clive Brunskill/Getty Images) | Getty Images
It hasn’t all been plain sailing for the Magpies and there have been challenging moments with the departures of key on and off-field departures and there have been some questions over what could lie ahead. But there is a fresh feel about the Magpies side that have embarked on their first season under new head coach Matthias Jaissle and things are moving off the the field as well with plans for a new training ground moving forwards.
But with the debate of Premier League spending and financial limitations still ongoing, we take a look at Newcastle’s transfer net spend over the last five years and compare it with their rivals in the top level of the non-league game.
Premier League net spends over last five years
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1. Tottenham five-year net spend: £-695.95m
2. Manchester United five-year net spend: £-664.4m
3. Arsenal five-year net spend: £-621.7m
4. Chelsea five-year net spend: £-608.45m
5. Liverpool five-year net spend: £-569.66m
6. Manchester City five-year net spend: £-513.62m
7. Newcastle United five-year net spend: £-344.92m
8. Nottingham Forest five-year net spend: £-300.1m
9. Ipswich Town five-year net spend: £282.31m
10. Bournemouth five-year net spend: £-205.16m
11. Fulham five-year net spend: £-198.75m
12. Sunderland five-year net spend: £-173.08m
13. Brentford five-year net spend: £-164.84m
14. Coventry City five-year net spend: £-140.89m
15. Hull City five-year net spend: £-120m
16. Crystal Palace five-year net spend: £-89.22m
17. Leeds United five-year net spend: £-79.39m
18. Aston Villa five-year net spend: £-66.52m
19. Everton five-year net spend: £3.34m
20. Brighton five-year net spend: £11.04m