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.
9. Aston Villa - £49.05m
Villa got their transfer business done early in the window made Philippe Coutinho’s loan from Barcelona permanent for £18million. They also acquired Brazilian defender Diego Carlos from Sevilla for £27.9million.
10. Southampton - £50.76m
The £12.6million signing of Gavin Bazunu from Manchester City is the biggest piece of business Southampton have done so far. They have also secured defender Armel Bella-Kotchap, Sekou Mara, Romeo Lavia and Joe Aribo. Photo: Jason Brown
11. Newcastle United - £59.40m
Newcastle were one of the early pace setters in the transfer window with the signings of Matt Targett, Nick Pope and Sven Botman all within the opening month of the window. But they are yet to make a signing since and haven’t recouped any significant fees through player sales.
12. Manchester United - £65.13m
The £51.63 transfer of Lisandro Martinez from Ajax has taken up a large chunk of Manchester United’s transfer spend so far. They have also captured Christian Eriksen on a free transfer. | Getty Images