Newcastle United spent 10 per cent more on player wages than they did this time last year. Their annual accounts - released in January - reported a £187million outlay, compared to £170million the previous season.
That figure is only likely to increase given the Magpies' lofty ambitions and football expenditure as a whole. Toon chiefs plan on transforming Newcastle into a global powerhouse in the coming years, with this season's Champions League campaign a sneak peek of what should come.
But how does the current wage bill stack up compared to Premier League rivals? You may be surprised by the results.
Wanting to catch up to other clubs in the division may appear unwise but is likely necessary if Newcastle are to become a force. In layman's terms, the best players demand the biggest wages - and the Magpies are trying to close the gap.
Ahead of what Toon fans hope will be a busy summer transfer window, NewcastleWorld has profiled every Premier League clubs' wage bill to assess where the Magpies stack up.
1. 20. Watford (2022)
Wages - £79m
2. 19. Burnley (2022)
Wages - £92m
3. 18. Brentford (2023)
Wages - £99m
4. 17. Southampton (2022)
Wages - £113m