Newcastle United biggest net spenders in transfer market
When it comes to transfer market spending this summer, Newcastle United are amazingly top of the table when it comes to net cash going out.
There may have been other clubs spending more so far but when money for outgoing transfers if deducted, no other Premier League club has made a bigger net investment in this summer transfer market.
Newcastle’s spending is fifth highest with £35.9m, which comprises £14m for Wijnaldum, £13m on Mitrovic, £8.4m for Chancel Mbemba and around £500,000 for 19 year old Ivan Toney.
The clubs who have spent more so far are Liverpool (£77.6m), Man Utd (£69m), Man City (£58.8m) and Villa (£38.4m) – (Graphics below via City AM business website).
However, all of these clubs have seen significant departures such as Benteke and Di Maria, whilst Newcastle have only banked £2.6m from Davide Santon’s departure.
Manchester United leading the way in the sales department, having received £55.4m this summer, followed by Liverpool (£54.1m), Villa (£45.3m), Man City (£37.3m) and Southampton (£36.9m).
What this then leaves is net spending for Newcastle of £35.9m with Liverpool second on £23,5m and then maybe surprisingly Leicester (£21.8m) and Watford (£20.7m) either side of Man City on £21.5m. Though like NUFC, this is probably just a realistic reflection of what they needed to spend to have decent chance of competing/surviving from their starting point this summer.
The fact that Newcastle top this net spending table is positive news but it is what happens next that will tell us a lot more.
These figures of course don’t take into account the sale of Mapou Yanga-Mbiwa in January or compensation for Alan Pardew. Plus of course fans will still worry that players may be sold to balance things up.
Whilst it is positive on the surface, critics will say that this is simply part of the money that should have been spent in previous transfer windows instead of being stockpiled.
Plus, with so many years of failing to invest properly in the squad, the danger is that even this more positive transfer market spending is possibly still not enough to move the club forward, or even plug the gaps adequately.
Steve McClaren has talked of Newcastle having a plan to build the team over a number of transfer windows.
Let’s all hope that that failure over a number of previous seasons hasn’t left United in a position where they will find it all but impossible to catch up.
Reality is that we may well see Mitrovic, Wijnaldum and Mbemba all on the pitch at sometime against Southampton today.
However, there is even more chance that you will see at least 3 (or possibly all) of Williamson, Taylor, Anita and Obertan playing together at St James Park today.
Newcastle United – always on a knife edge.
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