Newcastle Bring Spending To Over £50M This Summer

With th signing of Florian Thauvin today Newcastle have brought their gross spending to over £50M this summer, and it is certainly a crucial transfer window for the club, after we only just avoided relegation last season in the very last game of the season.

It seems that Mike Ashley was shocked by our fall down the table under interim coach John Carver, and before the last game against West Ham he pledged to spend big money this summer – and he’s done that.

florian thauvin newcastle

The latest arrival – Florian Thauvin for £14M

John Carver and Steve Stone were fired in June after their very poor performance in charge of the team, when John Carver seemed to argue with most players and said some ludicrous things in front of the TV cameras.

Those comments embarrassed John but also since he was representing Newcastle – it embarrassed the club too.

Steve McClaren has come in to take over as the permanent head coach,  but it will not be easy for McClaren and his impressive coaching staff to turn things around.

We saw some of that when we were outplayed at Swansea on Saturday – so we still have work to do to start turning things around and  fans will have to be a little patient – which is never easy.

But Newcastle, maybe for the first time under owner Mike Ashley,  are showing some ambition and intent – and we just hope the new players gel with the team quickly,  so we can start picking up some wins – sooner rather than later.

Here are the transfers so far this season –  they are estimates – but they come to a gross of £50.35M.

PlayerFeeClub
INCOMING
Georginio Wijnaldum£14.5MEindhoven
Aleksandar Mitrovic£14.3MAnderlecht
Chancel Mbemba£11.8MAnderlecht
Florian Thauvin£14.5MMarseille
Ivan Toney£1.5MNorthampton
Transfer Fees Out£56.6M
OUTGOING
Remy CabellaSeason loanMarseille
Davide Santon£2.0MInter-Milan
Mehdi Abeid£1.5MPanathinaikos
Olivier Kemen£0.5MLyon
Sammy AmeobiSeason LoanCardiff
Adam Armstrong6 month loanCoventry
Freddie Woodman6 month loanCrawley
Haris VuckicSeason LoanWigan
Shane Ferguson6 month loanMilwall
Jonas GutierrezReleasedDeportivo
Ryan TaylorReleasedHull City
Jak AlnwickReleasedPort Vale
Adam CampbellReleasedNotts County
Remie StreeteReleasedPort Vale
Transfer Fees In£4.0M
Net Spend£52.6M

Newcastle singings

Newcastle’s signings this summer – so far

We should be able to get some money back so that the net spending is less than £50M.

Mehdi Abeid signed for Panathinaikos today for a fee thought to be about £1.5M,  and once Remy Cabella plays a certain number of games for Marseille, the transfer for around £7M will be triggered automatically.

Others could also leave for fees before September including players like Mike Williamson, Haris Vuckic, Sylvain Marveaux, Gael Bigirimana  and Yoan Gouffran.

There’s also a chance Newcastle can still bring players in – and we’d love to see a top center-back signed in the next 12 days.

What do you think?

Comments welcome.