The Magpies have already spent in the region of £60million on Matt Targett from Aston Villa, Nick Pope from Burnley and Sven Botman from Lille.
Eddie Howe’s side have alson been pursuing several other targets but have struggled to get them over the line so far. More spending is expected, but just as Newcastle have strengthened, many of their Premier League rivals have been spending money too.
We are into the fourth week of the summer transfer window being open and eight Premier League sides are still yet to spend a penny on transfers.
Meanwhile five teams have already spent over £50million on new signings, according to data from transfermarkt.co.uk.
5. Crystal Palace - £31.14m
Palace have signed Sam Johnstone and Malcolm Ebiowei on free transfers as well as Cheick Doucoure and Chris Richards | AFP via Getty Images
6. Brentford - £31.95m
After a slow start to the transfer window, Brentford completed the signings of Keane Lewis-Potter and Aaron Hickey for a combined total of £31.95million. Photo: Getty Images
7. Fulham - £34.74m
Fulham have bolstered their squad with the signings of João Palhinha, Kevin Mbabu, Andreas Pereira and Bernd Leno. Photo: Clive Rose
8. Wolverhampton Wanderers - £36.9m
Wolves made permanent their loan signing of Korean international Hwang Hee-chan permanent for £15.03million, a deal that was agreed back in January. They also signed Nathan Collins from Burnley for £21.87million.