It’s Official – Newcastle The Lowest Spenders In Premier League


The web-site www.transferleague.co.uk has done some studies on the spending in the transfer market of Premier League clubs over the last five years, and it makes for some interesting reading.

mike ashley

Mike Ashley – Newcastle owner

Here is a table they have produced which shows what the current 20 clubs in the Premier League have spent over the last five years through last June, with total fees received from players being sold and total fees paid for players coming into the club.

If you subtract those two figures you get the net spend of the club  over the last five years and then the average of each year.

newcastle transfers

Newcastle are rock bottom of the league in terms of net spend with Everton in second bottom place and Manchester City, Chelsea  and Manchester United are the top three clubs.

Interestingly enough Arsenal are third bottom, but that will change when last summer is included, when they spent some whopping fees on players like Mesut Ozil.

And only three clubs made a profit from their transfer dealing over those five years.

The net profit of Newcastle’s in the transfer market over the last five years under Mike Ashley is £45M, which is an average of £9M a year.

Newcastle have done fairly well in the transfer market over the that time, so the obvious of question is we wonder how Newcastle would have done if we have a net spend of £9M a season.

And Alan Pardew last Thursday had said how terrific the club had done in the transfer market, but he was pointing out the value Newcastle had got for the money they had paid out – which wasn’t much.

Manchester City – the best team money can buy – had a net spend during those five years of £479.95M, an average of £95.9M per year, and we dare say if a club like Barnsley had spent the same amount they would now be in the top four in the Premier League.

City are truly the best team money can buy.

These figures are eye-opening, and support the theory that Mike Ashley is far too concerned about the strict financials at Newcastle, and is far too thrifty with the club’s money.

What pleasure does he get having Newcastle United become a mediocre club?

If only he would agree to spend Newcastle’s profits,  we could have a very good side again, and be challenging for a top four position.

Instead we sell our best player half way through the season, and since then we have one point out of the last three games, with the 3-1 win at West Ham our only win for a while, and of course Yohan scored two brilliant goals in his lat game for Newcastle.

In short Ashley has ruined Newcastle’s season, and a good question is where do Newcastle go from here?

Money seems everything – the only thing – to Mike Ashley.

And that kind of thinking will never build a top team on Tyneside.

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18 comments so far

  • Belfast

    Feb 8, 2014 at 11:52 PM

    Comment #1

    Go on get in !

    Our books are better than your books

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  • jimmysmith

    Feb 8, 2014 at 11:52 PM

    Comment #2

    I don’t think any of our players are as good as all that. We have a number of excellent players, but not one truly top notch one. Who do we have that would get into the Chelsea first team, and this only one of three or four similar quality sides in this very tough league.

    If you accept that the owner is looking to have a lightweight squad punch above its weight, then Pardew might not be the best man for the job, but I don’t see how he’s rubbish.

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  • Graeme

    Feb 8, 2014 at 11:54 PM

    Comment #3

    But the balance sheet will look spectacular, wont it chaps!!!

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  • yo-yo

    Feb 8, 2014 at 11:55 PM

    Comment #4

    Catchy

    As you’re trying du snakke Norsk try this one next time….

    du er en tykk og kjedelig kødd

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  • Big Pappa Cissé

    Feb 8, 2014 at 11:55 PM

    Comment #5

    @ Jimmy

    We aren’t competing with the likes of Chelsea though m8 . Its Teams like Everton & Southampton we are battling . And up until we sold Cabaye, on paper we had the best starting 11 .

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  • Big Pappa Cissé

    Feb 8, 2014 at 11:58 PM

    Comment #6

    I pray to God Sunderland get relegated now like. They can bang on about the derby results all they like in the Championship.

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  • Laurent Robert 32

    Feb 9, 2014 at 12:06 AM

    Comment #7

    Keegan warned us that The Marshmellow Man will bid for players just so it looks like we’re active, but won’t have any intention of signing them.

    Sooner he is gone, the better. Then he can take the lame Steve Martin wannabe with him.

    It’s just deflating that they may be around for a while yet.

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  • jimmysmith

    Feb 9, 2014 at 12:06 AM

    Comment #8

    I think Pardew had the side was playing well until the injuries mounted up and we sold Cabaye. Just as well as Everton and better than Southampton. We need our best players back and a genuine Cabaye replacement more than a new manager in the short term, I think. That and an owner who’ll back him. Then by all means if he can’t deliver, he can get what he deserves.

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  • Jarra

    Feb 9, 2014 at 12:49 AM

    Comment #9

    Jimmy interesting point you make about the injuries mounting up is it coincidental that the morale across the club has sunk at the same time the injuries have started to grow. I wonder? Does anyone know pre Christmas the amount of injuries we had then post Christmas?

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  • The next Mike Williamson

    Feb 9, 2014 at 12:54 AM

    Comment #10

    It could be worse. We could be Villa or Stoke. They must have the worst scouts ever.

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  • K T Cat

    Feb 9, 2014 at 12:59 AM

    Comment #11

    1. So does this mean people can stop hating on Pardew now?

    2. It’s not a question of whether Newcastle will win again this year, it’s a question of whether they’ll score again this year.

    3. What will Mike Ashley say when he realizes he’s broken his toy?

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  • lesh

    Feb 9, 2014 at 1:47 AM

    Comment #12

    Fine. Great result, Mr Ashley’s beaten Arsenal at playing buy low and sell high.

    Fine, bur the difference in those two clubs is quite obvious.

    Arsenal aim to make money on their players and contend fir trophies, success, winning things.

    Whereas, well, and where Ashley’s failed with us is that he’s overlooked the fact that there’s money to be made by being successful in competitions.

    If Ashley’d open his eyes and be a tad ambitious, we could’ve.emulate Arsenal, not just on making money on players, but using them wisely in the time they’re with us.

    The perfect example is selling Cabs, not replacing and in the meantime feed discontent among players and fans and, again, being the focus of the media’s attentions.

    Short term planning doesn’t work in football unless you’re a Citeh or a Chelski buying their titles.

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  • Sav

    Feb 9, 2014 at 2:05 AM

    Comment #13

    Well here’s a suggestion for Mashley to save even MORE money – he should stop funding the squad to take off for a January break. It clearly does nothing to prevent further injuries and wasn’t enough team bonding to persuade Cabaye to have a rethink about leaving his buddies.
    There were positives today, from the enthusiasm and support of the Toon Army to a few fringe players having decent games. We were beaten but we weren’t pasted.

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  • Geordie1

    Feb 9, 2014 at 7:16 AM

    Comment #14

    There is a petition to get Ashley to sell up and look for a genuine buyer of the club someone who will invest and not take, take. take without giving something back. I urge all Newcastle supporters to sign this petition.

    https://www.change.org/en-GB/petitions/mike-ashley-make-a-genuine-attempt-to-sell-newcastle-united-fc?share_id=ccfXvLpLhc

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  • NEWEXPATMAGPIE

    Feb 9, 2014 at 9:12 AM

    Comment #15

    I,m not panicking, just yet ? But the biggest mistake they have made is selling Cabaye and not replacing him?

    We are still 8th but there are now five or six clubs breathing down our necks, the slide is coming but it will take a few games to take hold.

    The rest are all strengthening and in typical fashion with the selling of Yohan the club has shot itself in the foot, again.
    Its not the first time they have done this and it will more than likely be the last?

    Come the end of the season, i have a feeling we will be in a relegation fight, if something does,nt happen soon. Selling Cabaye in the middle of the season was the worst move they could of made, and i could,nt care if it was for 50 Mil and not 19mil! A great move for Yohan but a calamitous move for us?

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  • NEWEXPATMAGPIE

    Feb 9, 2014 at 9:14 AM

    Comment #16

    Re : This will NOT be the first time they have shot themselves in the Foot ?

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  • usmagpie

    Feb 9, 2014 at 6:55 PM

    Comment #17

    Well we are in the top ten on spending, ok.ok looking for a positive I know. Yes on paper looking to sell the club Cashley has that done pat, but attraction wise to the knowledge that we want to attract players because we want to be one of the top sides in the premiership, we are sadly lacking. another five year plan means the first one sucked and you don’t have a clue on what your doing, god please let some Newcastle born lad or lass that has done well for themselves buy the club and be passionate about the club and not all business, first rule of business mike you have to spend money to make money, yes you have made some but lets try and make less for the benefit of the loyal supporters that turn up every single game.

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  • JP...from The Rock

    Feb 9, 2014 at 11:12 PM

    Comment #18

    Depressing reading.

    By these stats it’s obvious we will never see Ashley buy the 4-5 players we at least need to cover weak areas in the team this summer.

    Life sucks being a Newcastle fan at the moment.

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