Kieran Trippier, Chris Wood, Bruno Guimaraes, Matt Targett and Dan Burn were all brought to Tyneside for a combined fee of around £92million last month.
And whilst Newcastle still sit precariously around the relegation zone, these signings have lifted spirits in the north east that Premier League survival can be secured this season.
It’s clear that Newcastle ended the window in a stronger position than they started it, but can a number value be placed on just how much stronger their squad is compared to a month ago?
Well here, using data provided by Transfermarkt, we have a go at answering that question by taking a look at how each Premier League squad’s market value has changed since the January transfer window opened on January 1, 2022:
Do any of these shock you? Follow us on Twitter @MouthofTynePod and let us know there:
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1. Norwich City: -11.9%
January 1 Squad Value = £158.99million, Current Squad Value = £140.00million, Change in Squad Value = -11.9%, Most Valuable Player = Max Aarons (£19.8million) Photo: Stephen Pond
2. Tottenham Hotspur: -9.7%
January 1 Squad Value = £578.93million, Current Squad Value = £522.95million, Change in Squad Value = -9.7%, Most Valuable Player = Harry Kane (£90million) Photo: Mike Hewitt
3. Arsenal: -9.1%
January 1 Squad Value = £505.8million, Current Squad Value = £459.9million, Change in Squad Value = -9.1%, Most Valuable Player = Bukayo Saka (£58.5million) Photo: Stuart MacFarlane
4. Manchester United: -9.1%
January 1 Squad Value = £778.73million, Current Squad Value = £711.23million, Change in Squad Value = -9.1%, Most Valuable Player = Bruno Fernandes (£81million) Photo: Ash Donelon