Manchester City beat Newcastle United to top spot in spending table
Manchester City and Newcastle United have had ‘disappointing’ seasons for vastly different reasons.
Whilst Newcastle have fallen through the relegation trapdoor once again under Mike Ashley’s guidance, Manchester City have also seriously underachieved for vastly different reasons.
Having spent vast sums of money season after season, Man City only just scraped Champions League qualification on the final day of the season through goal difference.
Considering the total spent to put their current squad together that takes some doing, even with that fourth place though they will still have to win a qualifier to progress to the Champions League group stages.
Both Newcastle United and Manchester City are brought together though in a table of net spending by Premier League clubs over the course of the last two transfer windows.
The Etihad based club added another £124.4m of net spending over the course of the last year, something which must have left their owners feeling a little bemused as Leicester City strolled to the title after a net spend of only £28.9m in the same period.
Interesting to see that after Manchester City, three of the four next biggest net spenders also filled three of the bottom five places in the Premier League.
Sadly Newcastle’s second placing in the net spending league produced only 18th in the real Premier League table and subsequent relegation.
As all Newcastle fans will be aware, the mistakes of this past year of spending are only part of the problem.
Yes so much money has been wasted on bad transfer decisions but this followed a number of equally disastrous transfer windows that left the Newcastle squad ever weaker, with Mike Ashley insisting on little or no spending as he stockpiled the TV cash.
With claims that Rafa Benitez is holding off agreeing to stay at Newcastle due to Mike Ashley so far refusing to agree to his transfer budget requirements, we wait to see just what this next transfer window will bring in terms of spending…if anything (in summer 2009 after the previous relegation, Mike Ashley refused to allow a single player to be bought in).
This is the table of net spending by Premier League clubs over the course of the last two transfer windows (summer 2015 and January 2016):
£124.4m Man City
£80m Newcastle United
£33.6m Man Utd
£27.5m West Brom
£27.1m Norwich City
£26.5m West Ham
£21.5m Crystal Palace
£21.3m Stoke City
£9.3m Aston Villa
£6.7m (***PROFIT) Tottenham
(Interesting to see that Tottenham were the only club to make a profit of the 20 clubs when it came to transfer activity – when we published what Spurs fans thought of the Newcastle game, it was very surprising to see just how harsh their criticism was after ending up in third – read their comments HERE)
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