5) Newcastle United – €589.71m
The Magpies have rocketed up this list over the last twelve months, having sold several key players.
Everything started with Alexander Isak’s departure to Liverpool in August last year, and things have snowballed from there.
Captain Bruno Guimaraes, Sandro Tonali and Anthony Gordon have also left St James’ Park since then.
Some fans will blame financial rules for Newcastle being forced into this position, but it is simply the case that owners PIF have not managed to raise the club’s commercial revenues sufficiently to match their ambitions on the pitch.
