Newcastle United’s incredible net spend compared to Premier League rivals Arsenal, Chelsea and Leeds United

We are rapidly approaching the one-year anniversary of one of the most seismic changes in the history of Newcastle United.

This October marks the end of the first 12 months of a PIF-led consortium’s ownership of the Magpies following the successful completion of their protracted takeover bid.

During the time that has passed, the mood around Tyneside has gone from concern and disillusion to excitement and enthusiasm as the Gallowgate faithful look forward to what seems to be an exciting future for their club.

Investment is being made at every level of the club, with the academy, women’s team and support staff all being backed to grow over the coming years.

The most significant investment has been placed into Eddie Howe’s first-team squad as the former Bournemouth boss looks to build a side capable of challenging for major honours in the near future.

But how does the Magpies net spend over the last two seasons compare to that of their Premier League rivals.

NewcastleWorld investigates using the latest figures provided by transfermarkt.co.uk.