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 – 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 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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