But where do Newcastle United rank in the list given the club have in and out of the top division since the league began…
Simply scroll down and click through the pages to find out where Newcastle United rank in the Premier League all-time biggest spenders on wages and transfers.
1. BURNLEY
Total amount of money spent whilst in the Premier League on wages and transfers since it began: £421m Photo: Clive Brunskill
2. LEEDS UNITED
Total amount of money spent whilst in the Premier League on wages and transfers since it began: £464m Photo: Gareth Copley
3. BOLTON
Total amount of money spent whilst in the Premier League on wages and transfers since it began: £536m Photo: Gareth Copley
4. BOURNEMOUTH
Total amount of money spent whilst in the Premier League on wages and transfers since it began: £573m Photo: Dan Mullan