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Newcastle United’s £28.5million January splurge has seen them shoot to the top of the global spending charts in January.

With the Magpies having followed up their £16.5million double swoop for Henri Saivet and Jonjo Shelvey with the £12million signing of Andros Townsend, United have lavished more money than any other club in the world during the winter window - and further spending could yet follow as they continue their pursuit of proven goalscorer.

Even the exorbitant spending of Chinese Super League sides - who have been splashing the cash on ageing European talents this month, including Ramires’ £24million move from Chelsea to the Far East - has currently been eclipsed by Newcastle’s business.

True, the European giants have been quiet on the transfer front - the likes of Bayern Munich, Real Madrid, Barcelona, Manchester United, Arsenal, Chelsea and Manchester City have been almost dormant - but the Magpies’ spending is still impressive in a global context regardless, given figures provided by German website Transfermarket.

This is in the context of expenditure, and does not include money recouped from sales, though even that would likely put the Magpies at the very top of the global list - or at the very least in the highest two or three clubs.

And, with the Premier League’s transfer deadline not closing until 11pm on Monday night, the Magpies are hopeful of investing even further to bolster their relegation-threatened squad.

While Newcastle top the list having spent £28.5million, Chinese clubs make up the next three positions. Tianjin Quanhian are second (£28million), Jiangsu Suning (£25.5million) third, and Heibi China Fortune (£24million) fourth.

Norwich City are the Premier League’s second-highest spenders, having invested £20.8million this month, and they are followed in the list by Shanghai Greenland Shennua (£17.5million) - to who Cheick Tiote’s proposed move collapsed - AFC Bournemouth (£17million) and Roma (£17million).

Only three Premier League sides - Newcastle, Norwich and Bournemouth - have spent more than £10million so far this window.

When you consider the fact United also splurged £52.6million - to quote a figure offered up by their managing director Lee Charnley - on five acquisitions during the summer, Newcastle’s spending so far this season stands at £81.1million.

Should the Magpies succeed with either of their ambitious moves for West Bromwich Albion’s Saido Berahino or Lyon’s Alexandre Lacazette, that expenditure could yet soar past the £100million mark.

Top global spenders during January window (figures from Transfermarkt):

1. Newcastle United - £28.5million

2. Tianjin Quanhian - £28million

3. Jiangsu Suning - £25.5million

4. Hebei China Fortune - £24million

5. Norwich City - £20.8million

6. Shanghai Greenland Shennua - £17.5million

=7. AFC Bournemouth - £17million

=7. Roma - £17million