Newcastle United owner Mike Ashley has today bought struggling high street retailer House of Fraser for a reported sum of £90m. The news is likely to cause more consternation among NUFC fans, who are already upset at Ashley for not supporting manager Rafa Benitez in the recently concluded summer transfer window.
Newcastle have sold more than what they’ve bought this summer, and with the likes of Fulham, Wolves and Everton spending heavily, it would seem difficult to expect Benitez to repeat his 10th place finish from last season.
In net transfer terms, Newcastle are the lowest spending Premier League club in the 2018/19 season- approximately minus £28m. They will begin their campaign this weekend against Tottenham Hotspur.