Last summer (2016) saw Premier League clubs set a new record when it came to transfer spending.
Some £1.2bn was spent by the (then) 20 top tier clubs on new player over the course of a couple of months.
The summer of 2017 looks sure to see that £1.2bn look relative peanuts as clubs look to spend and ensure they are competing for the title, upper mid-table, or survival, depending on their circumstances.
Newcastle United have so far made two signings for a combined £14.9m.
Christian Atsu making his loan deal a permanent one for £6.2m in May, then recent days have seen Florian Lejeune arrive for £8.7m from SD Eibar.
So where does this put them in the Premier League spending table?
Romelu Lukaku’s £75m+ move to Manchester United is imminent and will take total PL spending way beyond half a billion but this is how the picture currently looks.
Table compiled by the excellent sports finance experts Sporting Intelligence:
As it currently stands, Newcastle are the 11th biggest spenders, with Everton clear at the top on a massive £91.9m, fuelled obviously by the imminent cash from Man Utd.
When it comes to net spend, NUFC are in 13th place once the sales of Florian Thauvin and Kevin Mbabu are taken into account.
Whilst other clubs that Newcastle will be trying to finish above, such as Swansea, Brighton, Watford and West Brom have all had a bigger net spend as well.
A long time to go and you have to feel fortunes set to be spent, we all wait to see how big a fortune Newcastle United will be investing.