Since being purchased by the PIF, Newcastle have been unafraid to splash the cash to dramatically improve a squad that had become threadbare under the stewardship of Mike Ashley.
The big-money deal for Alexander Isak during the 2022 summer transfer window was a serious display of wealth that marked the Magpies out as a serious global player.
The Sweden star's arrival came off the back of the signing of Bruno Guimaraes in the January 2022 window and the capture of Italy international Sandro Tonali in July 2023 was yet another example of Newcastle's desire to become a major force in the Premier League once more.
There's undoubtedly more to come from Newcastle, with the Magpies' Champions League qualification confirmation they're on the right track.
But who have been their biggest signings so far? Let's take a look!
Newcastle United most expensive transfers by season
Season | Most expensive signing | Fee | Total spending |
2023/24 | Sandro Tonali | £60M | £65M |
2022/23 | Alexander Isak | £63M | £122.40M |
2021/22 | Bruno Guimaraes | £37.89M | £117.45M |
2020/21 | Callum Wilson | £20.03M | £35.10M |
2019/20 | Joelinton | £39.60M | £65.61M |
2018/19 | Miguel Almiron | £21.60M | £53.78M |
2017/18 | Jacob Murphy | £10.17M | £41.85M |
2016/17 | Dwight Gayle | £10.80M | £57.83M |
2016/17 | Matt Ritchie | £10.80M | £57.83M |
2015/16 | Georginio Wijnaldum | £18M | £97.12M |
2014/15 | Remy Cabella | £9M | £40.52M |
2013/14 | Loïc Rémy | £2.07M | £3.42M |
2012/13 | Vurnon Anita | £7.65M | £28.77M |
2011/12 | Papiss Cisse | £10.80M | £24.30M |
2010/11 | Hatem Ben Arfa | £5.40M | £12.58M |
2009/10 | Leon Best | £2.07M | £5.64M |
2008/09 | Fabricio Coloccini | £11.70M | £31.93M |
2007/08 | Alan Smith | £8.10M | £34.07M |
2006/07 | Obafemi Martins | £14.40M | £28.69M |
2005/06 | Michael Owen | £22.50M | £55.58M |
2004/05 | Jean-Alain Boumsong | £10.17M | £26.51M |
2003/04 | None | Nil | Nil |
2002/03 | Jonathan Woodgate | £12.15M | £31.10M |
2001/02 | Lauren Robert | £12.89M | £28.43M |
2000/01 | Carl Cort | £9.45M | £23.32M |
TOTAL | £1.03B |
*All figures are taken from Transfermarkt unless stated otherwise.