How much have Newcastle spent on transfers this summer?

Cameron Smith

2 Sep 2022 15:50 CDT
3 min read

Alexander Isak, Newcastle, 2022/23 — © ProShots

Newcastle United have spent £123 million (€142m) on transfers this summer as Eddie Howe's side continues to build the squad with the riches of their owners.

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The Tyneside club were purchased by a consortium made up of Saudi Arabia's Public Investment Fund, Staveley's PCP Capital Partners and the Reuben brothers' RB Sports and Media in October 2021, making them the richest team in the entire world.

They responded by purchasing Bruno Guimaraes, Kieran Trippier, Dan Burn and Chris Wood in the January transfer window, while Matt Targett joined on loan from Aston Villa.

Targett has now been signed permanently for £15.75m (€18.3m) following a successful loan spell in the second-half of last season, while Burnley goalkeeper Nick Pope has arrived in a deal worth £10.3m (€12m) after his side were relegated from the Premier League.

Targett has signed a four-year contract at St James’ Park, while Pope has also signed a four-year deal, with the option for a further season included.

Newcastle's third signing of the summer was the coup of Lille defender Sven Botman.

The centre-back was wanted by Serie A champions AC Milan, but Newcastle won the race for the Dutchman, with a reported fee of £35m (€40.6m) being paid to the 2020/21 Ligue 1 winners.

Botman has joined Newcastle on a five-year deal after lengthy negotiations.

Lastly, with just days left in the transfer window, the Magpies made the £63m (€72m) acquisition of striker Alexander Isak.

Isak already using his speed, close control & dribbling to create his own chances. And that’s why he’s a good complement to Wilson who is more service-reliant. Interesting how Isak’s goal vs LFC came from an inside right zone. Can see him being used there & Wilson at 9 when fit.
— Premier League Panel (@PremLeaguePanel) September 2, 2022

The Sweden international had linked been with a number of Europe's top clubs, but has ended up at St. James' Park.

And he scored on debut, and had another controversially ruled offside, in their 2-1 defeat to Liverpool on Wednesday.

With the signings made in 2022, it’s expected that Newcastle will have an entirely new backline than the one that started the 2021/22 season.

Howe’s side have let Freddie Woodman join Preston North End on an undisclosed deal, while midfielder Isaac Hayden has joined Norwich City on a season-long loan following the Canaries’ relegation to the Championship after finishing rock bottom in the top flight of English football last year.

Jeff Hendrick and Ciaran Clark have also been loaned out to the Championship, while Jake Turner has been released and Dwight Gayle has joined Stoke on a free transfer.