Newcastle’s ‘financial irresponsibility’ slammed over £266m summer splurge
Newcastle’s immense spending with high price tags has raised eyebrows given their financial situation as their transfer window mirrors Man United of yesterday.
After a plethora of big name rejections during the 2025 summer transfer window, Newcastle have seemingly overcome their struggles to sign some huge players right at the last moment.
Newcastle fans rejoiced over the signing of Nick Woltemade from Stuttgart prior to their 0-0 draw to Leeds (30 August), following several striker rejections.
The German’s arrival has thrown the prospects of Danish striker Willy Osula up in the air as sources have told Football Insider that Newcastle are set to make a decision on Osula in relation to the rest of the campaign with Yoane Wissa expected to arrive.
However, despite the massive spending in the final days of the window, concerns have grown over the Magpies’ financial dealings as they have paid remarkable fees for some of their new arrivals.
Newcastle transfer window is the ‘definition of ‘financial responsibility’
According to Legacy Fan Podcast host Adam Joseph on X (1 September), the Toon’s transfer dealings are concerning given the extortionate fees spent on some players.
The Man United podcaster rang the alarm bells with how Newcastle’s window is running parallel with the way the Red Devils have down their business in the past, providing insight into how the Magpies’ inflated spending could have severe repercussions in the long-term.
He said: “Newcastle spending £266m on Anthony Elanga (£55m), Jacob Ramsey (£43m), Malick Thiaw (£35m), Nick Woltemade (£78m) & Yoane Wissa (£55m) is the definition of financial irresponsibility.
“As the fan of a club [Man United] who has spent irresponsibly as humanly possibly for years, I would know.”
Prices for Newcastle’s new arrivals stemming from Alexander Isak tax
Football Insider verdict
Considering all clubs knew of the potential wealth the Magpies were about to inherit following the culmination of the Alexander Isak situation, it appears many sides have been proving stern in maintaining a high price for their stars.
Looking at the players they’ve brought in, it is quite remarkable how the likes of injury-prone Jacob Ramsey has ran up a huge bill, especially given the amount of games he has missed through the years.
Woltemade, whilst expensive, at least has a long career ahead of him to repay the expensive sum whereas the reported £55m for 28-year-old Wissa seems steep with only one-year left on his contract.
| Newcastle incomings | Price (approx) |
| Nick Woltemade | £73.8m |
| Jacob Ramsey | £39.2m |
| Malick Thiaw | £30.4m |
| Anthony Elanga | £53.3m |
| Yoane Wissa (expected) | £55m |
| Aaron Ramsdale | Loan |
| Vakhtang Salia | Unknown |
| Antonio Cordero | Free |
There is a sense of desperation in the way the black-and-white have negotiated and paid, in my opinion, inflated fees for footballers that could’ve been secured for a lower amount.
They could be set to be in a similar position to the Red Devils after they forked out monster bags of cash for the likes of Antony, Jadon Sancho and Rasmus Hojlund who have all been extremely difficult to ship off.
The Toon may have to cut their losses at some point later down the line if these new arrivals do not repay the investment, possibly leading to immense financial strains at St James’ Park.