Under Ashley
In Aug 2021 they spent £30m whilst bringing in £0 - Net spend of £30m
In 2020/21 they spent £39m whilst bringing in £275k - Net spend of £38.75m
In 2019/20 they spent £72m whilst bringing in £35m - Net spend of £37m
Their net spend over the 2.5 seasons prior to him leaving they shelled out over £100m. Yes, that's not a huge deal of money when looking at the spending power of the likes of Utd/Chelsea/City/Liverpool etc, however it's far greater than 'next to nothing'.
Yet the moment the Saudi's came in, they spent £130m in January 2022 (no money came in from transfer sales), then in the summer of 2022 they spent £136m whilst recouping nothing in transfer sales. So in 2 transfer windows since the Saudi's bought them, they've blasted over £260m on transfers. No other club in the league has spent more than them (net spend) since January 2022.
Eddie Howe has done a decent job, but my goodness, the £260m spending power hasn't half helped!
Their squad can be seen to be quite different to what it was when he took over from Bruce....and that was 12 months ago.
Only Longstaff, Joelington, Willock & Callum Wilson were in the same 11 as Bruce's last game in charge (3-2 defeat at home to Spurs), compared to Eddie Howe's last game in charge (1-0 win at home to Chelsea last week).
Their whole back 5 is completely different.
give over 100m over 3 seasons is terrible for the premier league.
they were the drizzling ***** under Steve Bruce, the team clearly needed a massive rebuild, I don't get why you think that anyone taking over that team shouldn't invest hard and completely overall it, they were constantly trying to scrimp by without spending much so Ashely could reduce the clubs debts to make them more attractive to buy, and he done this every year and was why the club was held back so much.. Plenty of other clubs take on full team worth of new players into their squads in transfer windows, didn't we just pull in around a dozen or so new players to our team this season?
if they want to try and maintain pushing for the champions league, its going to take around 150m per year, that's just the way the premier league is.
if you don't spend it the other teams in the top half will and they will over take you, look at Liverpool this season
Newcastle have the same FFP rules as everyone else in that league, they are taking advantage of them 3 years of spending next to nothing for the premier league.
any owner who took them over would probably have spent similar money because that's what they needed, club needed money throwing at it all over, more than just players on the pitch etc.
I'm no fan of Newcastle but think in this day and age its petty to just put clubs success down to clubs spending money, when in reality if you don't spend that money you cant be anywhere near as competitive as the top end of the table, that's just a fact of this league, bar the occasional exception to the rule that out performs everyone's expectations but they are few and far between.
what would be the point of taking them over and then carrying on as mike Ashley had been doing for years, your not going to get very far with your investment, looks to me like they have invested the transfer funds really well and could be setting themselves up for greater things under Howe, I think he's done a great job.
Sure he's had a load of money but lots of other clubs he is competing with have also spent way more of their FFP allowances % than they have. But money does not buy success, quite often it can create problems that wouldn't occur without the money, look at Everton when they tried to invest hard and fast and nearly went down.
it's daft being bitter over rivals doing well, just let them get on with it, no point in obsessing over things outside of your control. they have loads of money, we don't, it don't really bother me what others are doing just what we are doing, let them concentrate on the premier league and us concentrate on what we are doing.
they will no doubt win something eventually and if they do it won't bother me, let them enjoy it and get on with it, and hopefully one day we meet up along the way and hopefully show them up lol