Season By Season Breakdown Of Newcastle United Transfer Finances In And Out Under Mike Ashley
This summer has concentrated the minds of Newcastle fans likes no other when it comes to the transfer market.
With the huge leap in broadcasting income from this season, it has set off a spending spree by more Premier League clubs than ever before.
All Newcastle United’s likely competitors spending the money up front to try and ensure they don’t end up in one of those bottom three slots as well as hoping they can build their clubs up for potential success, something that feels that bit more attainable after the trophy success of both Wigan and Swansea last season.
Newcastle stand alone as the only one not to buy any players, as yet, for their senior squads.
So my mind turned to wondering how the transfer activity looked overall during Mike Ashley’s time at the club.
The figures below are the totals spent on transfers season by season and the total of money recouped. The figures are taken from respected website www.transfermarkt.co.uk and are the transfer fees/sales agreed at that time by Newcastle United, agents fees dealt with separately.
Transfers In £33,308,000
Transfers Out £27,412,000
Total Spent £5,896,000
Transfers In £30,954,000
Transfers Out £36,432,000
Total Profit £5,838,000
Transfers In £5,513,200
Transfers Out £23,804,000
Total Profit £18,290,800
Transfers In £11,616,000
Transfers Out £36,740,000
Total Profit £25,124,000
Transfers In £23,025,200
Transfers Out £14,115,200
Total Spent £8,910,000
Transfers In £28,569,200
Transfers Out £13,024,000
Total Spent £15,545,200
Total Profit on transfers from 2007-2013 – £18,901,600
As we speak, this season’s dealings (2013/14) has seen James Perch leave for £756,600 and the onlysenior signing saw Loic Remy arrive with a £2,024,000 year long loan fee agreed. The purchase of youngster Olivier Kemen isn’t showing as yet but elsewhere it has been said he arrived for a fee of around £300,000.
The figures above are dealt with separately to agents fees, but even taking those into account, it is clear that in terms of player transfers Mike Ashley has operated on a basis of sales paying for incoming players and where money has been spent it gets clawed back in eventually, with clear profit on purely player sales/buys.
With Newcastle having a higher turnover than all but the obvious half dozen, surely you would expect it to translate into net spending in the transfer market.
However, even with the much increased TV riches it clearly hasn’t changed Ashley’s view of how he runs Newcastle.
While all our competitors are investing in the transfer market it is looking like a different story at St.James’ Park. What the end result will be, we are soon to find out.
Though there are a few hours left of the transfer window…
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