The official figures are out for the Premier League last season and Manchester City – the best team money can buy – are way out on top with a massive £124.4M spent in the last two transfer windows, which is more than 50% more than second top Newcatsle spent – a mere £80M.
And how embarrassing is that – that a club spends £80M and outspends every other club in the Premier League but one – and yet we are still relegated.
Lee Charnley – guilty as charged
And not only that, but we were in the bottom four almost all season long and were still only 17th in December after beating Liverpool and Tottenham and then drawing with Aston Villa.
But then we lost our next four games 1-0.
It’s an indictment on how the club was run by Lee Charnley and Graham Carr.
The wrong head coach was appointed last summer – a failed Championship club manager – and then players that Graham Carr liked were brought in during last summer and this January – with no bearing at all on whether they solved Newcastle’s weaknesses or not.
Any club that is run like that deserves to be relegated and so we were.
Here are the transfer figures for each Premier League side this season.
£124.4M Manchester City £80.0M Newcastle United £42.5M Watford £38.7M Bournemouth £37.2M Sunderland £33.6M Manchester United £28.9M Leicester £27.5M West Brom £27.1M Norwich City £26.5M West Ham £21.5M Crystal Palace £21.3M Stoke City £20.9M Everton £15.6M Arsenal £15.4M Liverpool £9.3M Aston Villa £7.8M Chelsea £5.0M Swansea £4.8M Southampton -£6.7M Tottenham - profit
It’s so ironic that after wasting a good portion of that £80M on players who are not good enough, we are now struggling to find sufficient transfer funds for Rafa Benitez, as he wants to rebuild the team and rebuild the very foundations of the club.
Graham Carr – he brought the players in
We have to hope that those responsible for this catastrophic season are held fully accountable by Mike Ashley – nothing less will be good enough.