Tue 4 Jul 2023, 12:04 by NUFC News

How much have Newcastle United spent since the takeover?

How much have Newcastle United spent since the takeover?
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Newcastle United was taken over by a consortium comprised of Saudi Arabia's Public Investment Fund (PIF), RB Sports & Media, and PCP Capital Partners (PCP) in October 2021.

The £305 million takeover put an end to Mike Ashley's frugal and contentious 14-year ownership of the football club and was expected to bring with it extravagant spending akin to that seen at Manchester City and Paris Saint-Germain since their respective 2008 and 2012 takeovers.

Names like Cristiano Ronaldo, Lionel Messi, and Kylian Mbappe were almost instantly linked with transfers to Newcastle United. However, none of these particular players has arrived, and while the club has certainly spent more than it did pre-takeover, "extravagant" would hardly be the word we'd use to describe the business done to date.

How much have Newcastle United spent since the takeover?

There have been three full transfer windows since Newcastle was taken over by PIF, RB Sports & Media, and PCP. The fourth is currently underway:

  • January 2022
  • Summer 2022
  • January 2023
  • Summer 2023 (underway)

As of this writing on 4th July 2023, Newcastle United has spent a total of £307.23 million on transfers in the 21 months since the takeover, according to Transfermarkt.co.uk. In that time the club has recouped just £18.05 million from sales, meaning the club's net spend since the takeover currently stands at £289.18 million.

For some context, in the entirety of Mike Ashley's 14-year reign as Newcastle United owner, the club spent a total of £532.34 million on transfers and recouped £374.71 million in sales. The club's net spend during the Ashley years was just £157.63 million.

So, Newcastle United's spending has most certainly increased significantly since the takeover. They are quite clearly limited by the "financial fair play" rules imposed by both The Premier League and UEFA, however.

Who have Newcastle signed since the takeover?

Newcastle have signed a total of 13 players on permanent deals since the takeover, with Alexander Isak from Real Sociedad in August 2022 being the most expensive purchase at a reported £60 million.

Here's a full breakdown of Newcastle's transfer business since October 2021. With thanks to TransferMarket.co.uk for the data:

January 2022 Arrivals

Bruno GuimarãesOlympique Lyonnais£36.08m
Chris WoodBurnley£25.71m
Dan BurnBrighton & Hove Albion£12.86m
Kieran TrippierAtlético de Madrid£12.00m

Summer 2022 Arrivals

Alexander IsakReal Sociedad£60.00m
Sven BotmanLOSC Lille£31.71m
Matthew TargettAston Villa£15.00m
Nick PopeBurnley£9.86m

January 2023 Arrivals

Anthony Gordon
Harrison AshbyWest Ham United£2.91m
Garang KuolCentral Coast Mariners£0.30m


Summer 2023 Arrivals

Sandro Tonali
A.C. Milan£54.86m
Yankuba MintehOdense Boldklub£6.86m


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