Massive Premier League Spending Expected To Continue – Newcastle United Vulnerable
Having a look at the money Premier League spending on transfer fees in the last two transfer windows makes sobering reading for Newcastle fans and not just because United didn’t make one permanent signing.
The only first team expenditure was the £2m loan for Loic Remy, though in recent days there has been claims that Newcastle had to also pay £1.3m to loan Luuk De Jong for four months.
Over the course of those two relevant transfer windows, relegated Cardiff spent a hefty £37m, while Norwich and Fulham spent £26m each.
As it shows, spending money is no guarantee of success but now that Newcastle don’t have the top quality of both Cabaye and Remy, it leaves the club looking particularly vulnerable.
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While promoted Burnley may take a more cautious approach as they did when previously in the Premier League, it appears almost certain that the money people behind QPR and Leicester will be spending everything they can to try and ensure they remain in the Premier League.
With the rest of the established Premier League clubs looking certain to be spending big again, if Mike Ashley doesn’t allow a decent amount of money to be spent, then no amount of magic from Graham Carr will make up the slack.
Total spending by all Premier League clubs in summer 2013 and January 2014 windows combined, figures (rounded up or down to nearest million) taken from the excellent and respected website transfermarkt.co.uk
£102m Manchester City
£69m Manchester Utd
£26m Crystal Palace
£21m West Ham
£14m West Brom
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