How much did this current Newcastle United squad cost to assemble?
How does that figure compare to other clubs?
These questions have been answered in a new report by the CIES Football Observatory.
They looked at every club in the big five European leagues (England, Spain, Germany, France, Italy) and have produced a table (see below) showing from the most expensive downwards.
No surprise that Manchester City are at the top, the January 2018 transfer window has now taken them up to a figure of €878m (£777m) that it has cost them to assemble the current squad of players.
When it comes to the average per club by league you have:
€291m – Premier League
€131m – La Liga
€124m – Serie A
€113m – Bundesliga
€97m – Ligue 1
Here is the top 30, which includes the Newcastle United squad (all figures in euros):
As you can see, they put a figure of €145m (£128) on how much it has cost to put the Newcastle United squad together, making it the 29th most expensive in the top five European leagues.
Of the 28 clubs above Newcastle, 12 are from the Premier League, five each from Spain and Italy, four from Germany and two from France.
The lowest placed Premier League club is Huddersfield in 48th place, meaning the Premier League has 20 of the 48 most expensive squads in the five major European leagues.
The seven other English clubs not in the top 30 above:
€130m West Brom
For those surprised at Newcastle being so high in the table, here are rough figures for how that 29th place was reached.
£12m Shelvey, Ritchie
£10m Gayle, Murphy
£6m Sels, Atsu
£5m Joselu, Clark, Yedlin, Diame, Saivet
£4m Manquillo, Lascelles, Darlow
£3m Hayden, Lazaar
£2m Perez, Haidara
I make it that the Newcastle United squad actually cost more like £140m (€158), so NUFC could even potentially be a couple of places higher in the most expensive squad lists..
If you are struggling to match this up with (justifiable) complaints of the amount of money allowed to be spent by Mike Ashley, then I think there are a number of factors to consider.
It isn’t just how much money that has been spent under Ashley, it is also when and how it has been spent, particularly who made decisions.
So for example, Rafa Benitez has the likes of Mitrovic, Mbemba, Saivet and Haidara who he has been landed with and who he doesn’t rate and hasn’t managed to shift, they alone cost around £28m.
The United boss has also made the odd mistake as well, with Lazaar and Sels accounting for another £9m or so of unwanted players.
You also have to take into account just how shocking the youth progression has been at the club for many years, only Paul Dummett is in the first team squad after coming through the ranks for nothing.
In the likes of the German clubs especially, you will have countless players that cost nothing and they developed. Even compared to pretty much every other Premier League club, Newcastle will look poor in that respect.
Also, whilst Newcastle are as high as 28th, they do still have 12 Premier League clubs with more expensive squads and most of those are far far higher.
Everton’s costing some €220m more than Newcastle’s, whilst even Southampton and Palace were €80m or more.