The transfer window has closed at last, Premier League clubs spending more money in total than ever before this January.
From a Newcastle United perspective of course, they bought nobody.
Despite ‘leaked’ claims from Mike Ashley’s people that the owner was going to back Rafa Benitez with a number of buys, including a £20m striker, the reality was something different.
A table has now been published, showing the total spent by each Premier League club over the course of this season – these last two transfer windows.
The table also shows the net spend for each Premier League club – money spent on players compared to cash banked from sales.
You have to say that looking at it as a Newcastle fan, the results are damning.
In total, £1.843bn (£1,843m) has been spent by the 20 PL clubs this season, with £1.119bn (£1,119m) banked.
This means a net spend for the 20 clubs of £724m.
Newcastle United’s share of the £1.843bn spent was only£36.2m, less than 2% of the overall total.
Whilst in terms of net spend, Newcastle were responsible for only £11.5m of the £724m total for the 20 clubs, whilst NUFC’s share of the net spend was even lower, closer to one and a half per cent of the total.
Premier League club by club total spending over the course of these last two transfer windows (Summer 2017 and January 2018), table compiled by the excellent Sporting Intelligence who report on sport’s relationship with money:
As you can see, it gets even worse when comparing Newcastle to the rest of the Premier League clubs.
Only Premier League established Bournemouth spent less than Newcastle’s £36.2m this season.
Whilst in terms of net spend, there were six clubs who had lower net spends than Newcastle. However, they all still spent more than Newcastle in total, in some cases significantly more. Whilst these other clubs have also built their squads up over previous PL seasons with significant investment.
However, it is when you compare Newcastle to the other promoted clubs that things really really look bad.
Everybody agrees that it is promoted clubs who have to invest in better quality to give themselves a decent chance of adapting successfully to the top tier.
Both Brighton and Huddersfield once again spent money in January, as they did last Summer.
Brighton spending £21.1m more than Newcastle this season, with Huddersfield laying out £12.6m more.
It is though the net spends that are the killer, Brighton having a £45.8m higher net spend than Newcastle, whilst Huddersfield’s was £32m higher than NUFC.
It is a total joke and just to compound matters, Rafa Benitez had to wait until the very final hour of the transfer window, for two of his three cheap and cheerful loan deals to be completed.
If anybody now doubts Mike Ashley’s undermining of his manager, then I don’t know what else you need to convince you.