Premier League five year net spend table: How Newcastle compare with Man Utd, Liverpool, Chelsea & rivals

On 7 October 2021, life for Newcastle fans changed dramatically as the Public Investment Fund completed their majority takeover of the club from long-term owner Mike Ashley, with PCP Capital Partners and the Rueben Brother each taking 10%.

The takeover officially made Newcastle the richest team in world football and many news outlets and fans were quickly linking the club with any big name footballer they could as the Magpies began their pursuit for world domination.

In reality that hasn’t happened, and nor will it be able happen anytime soon due to the implications of FFP which continue to play an increasingly important role in the way club’s conduct themselves in terms of net spend, otherwise simply referred "he difference between the money brought in via player sales and what has been spent to acquire new players.

However, that’s not to say that Newcastle haven’t invested in their playing squad, and the likes of Alexander Isak, Sandro Tonali, Sven Botman, Bruno Guimaraes and Anthony Gordon are all examples of big name recruits which would almost certainly not arrive in the Ashley era.

With that in mind we take a look at the Premier League net spend over the last five years. Starting from 2019 in a pre-covid era when Ashley was still running the show and looking on to the present day to see how Newcastle’s net spend compares to the rest of the division. (Data courtesy of Football365)