Andy Cole – £1.8 million – February 1993
Newcastle set a club record by signing Andy Cole from Bristol City for £1.8 million. During that week, Kevin Keegan spent a total of £3 million, a substantial amount at the time.
Cole later moved to Manchester United for what was then a British record of £7 million.
Ruel Fox – £2.25 million – February 1994
Ruel Fox transferred from Norwich to Newcastle for £2.25 million. Upon his arrival, Kevin Keegan described him as “the best player in his position in the country.”
Unfortunately, Fox didn’t live up to those expectations during his time at the club.
Darren Peacock – £2.7 million – March 1994
A month after signing Fox, Keegan brought in Darren Peacock for £2.7 million, aiming to strengthen the defense for their first Premier League season.
Warren Barton – £4.5 million – June 1995
Warren Barton joined Newcastle for £4 million, which set a record for the most expensive defender in English football at that time, further enhancing “The Entertainers” squad.
Les Ferdinand – £6 million – June 1996
In June 1996, Newcastle signed Les Ferdinand from QPR for £6 million. He became a fan favorite in his two seasons with the club, scoring many goals.
Faustino Asprilla – £7 million – February 1996
While involved in a Premier League title race, Newcastle signed Colombian forward Faustino Asprilla from Parma for £7 million.
Though he didn’t help clinch the title, Asprilla is remembered for his memorable hat-trick against Barcelona.
Alan Shearer – £15 million – July 1996
A few months after Asprilla’s arrival, Newcastle signed Alan Shearer from Blackburn Rovers for £15 million, a world record at the time.
Shearer became Newcastle’s all-time top scorer and holds the record for the most goals in Premier League history, proving to be a worthwhile investment.
Michael Owen – £17 million – August 2005
Nine years after Shearer, Newcastle signed another England international, Michael Owen, from Real Madrid for £17 million. His time with the club included a relegation in 2009, and he left after scoring 30 goals in 79 appearances.
Almiron’s move to St James’ Park
Newcastle waited nearly 14 years before breaking their transfer record again, signing Miguel Almiron from Atlanta United for £21 million.
He initially adapted well to the Premier League, although he faced challenges under Steve Bruce. However, Eddie Howe helped him regain his form.
Joelinton – £40 million – July 2019
In 2019, shortly after signing Almiron, Mike Ashley set another transfer record by bringing in Joelinton from Hoffenheim for £40 million. Initially struggling to score, Joelinton eventually became a key player and a standout midfielder.
Alexander Isak – £63 million – August 2022
In August 2022, Eddie Howe secured Alexander Isak from Real Sociedad for £63 million, marking the first major transfer record set by Newcastle’s new ownership.
Nick Woltemade – £65m (rising to £69m) – August 2025
Three years later, Newcastle set a new transfer record again, signing Nick Woltemade from Stuttgart for £65 million, which could rise to £69 million with add-ons. They successfully outbid Bayern Munich for his signature.
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