Newcastle have biggest Premier League January net spend after splashing out over £28m as Chelsea end up £21.5m in profit

Premier League clubs had a net spend of £110.9m in the January window

Newcastle bought Jonjo Shelvey, Andros Townsend and Henri Saivet

Chelsea sold Ramires for £25m and spent just £3.5m on Matt Miazga 

Watford, Stoke and Sunderland are all near the top of net spend table 

Manchester United are one of four clubs who failed to spend last month

Manchester City top the net spend table for the season at £101.5m  

Newcastle United failed to land top target Saido Berahino in this transfer window but Steve McClaren's successful treble swoop for Jonjo Shelvey, Andros Townsend and Henri Saivet saw them become the Premier League's top spenders. 

On top of their £28.5million outlay on that trio, they also landed Seydou Doumbia on loan. 

Newcastle's total net spend for the 2015-16 season has been just a touch more than £70m, or more than any club bar Manchester City. 

Newcastle splashed out £12million to sign England midfielder Jonjo Shelvey from Swansea City last month

Owner Mike Ashley spent big during the window with the Magpies the Premier League's top spenders

Newcastle United also signed winger Andros Townsend from Tottenham in a deal worth £12million

Stoke spent a club record fee of £18.3million to sign defensive midfielder Giannelli Imbula from Porto

City arguably made the most dramatic deadline day acquisition of all, confirming that Pep Guardiola will become their manager from this summer, when their net spend this season of £101.5m (hardly any of it in the January window) is likely to be dwarfed as Sheikh Mansour arms his new manager with the funds to take the club to an even higher level.

Back in the land of the merely rich clubs - which is pretty much everyone in the Premier League these days - it was Stoke who made the most expensive single purchase of any club in Europe this window. Yes, you read that correctly. 

The £18.3m they spent on Giannelli Imbula not only smashed their club record but was more than anyone - Real Madrid, Barcelona, Manchester City, you name it - shelled out on single player this year in Europe.

Everton signed the second most expensive player in Oumar Niasse from Lokomotiv Moscow for £13.5m.  

Everton spent £13.5million on Lokomotiv Moscow forward Oumar Niasse on transfer deadline day

Chelsea spent just £3.5m in January, bringing in defender Matt Miazga from MLS side New York Red Bulls

The deals for Imbula and Niasse were both notable for the buying clubs providing official confirmation of the prices paid. That is much rarer than is probably healthy. 

With Newcastle as top net spenders, there were some surprise names just behind them, not least Watford (£24.6m net spend), Stoke, Sunderland and Bournemouth making up the top five.

And the list of five clubs from Europe to spend more than £10m on a single player, four come from the Premier League, Bournemouth, Stoke, Everton and Newcastle with Roma the only other European side with their £12.83m signing of midfielder Gerson from Fluminense

Watford’s haul of players arriving included Abdoulaye Doucoure from Rennes for £8m and Adalberto Penaranda for a similar sum, although both will remain with other clubs on loan for the time being.

Mario Suarez was one of a number of January arrivals at Watford as they look to avoid relegation

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Watford signed Rennes midfielder Abdoulaye Doucoure for £8m - the midfielder has joined Granada on loan

It’s a quirky fact that Watford’s seasonal net spend on players now, at £56.2m, is more than Arsenal, Tottenham, Southampton, Swansea, Norwich and Aston Villa combined (£55m). Tottenham have the lowest net spend this season at precisely zero.

Spurs were one of two significant net gainers this window, primarily by selling Townsend to Newcastle, while Chelsea were the other, thanks to the sale of Ramires to the Chinese Super League.

With the Premier League’s new TV deals due to start flowing from the summer - to the tune of almost £3bn per year from 2016-17, the overall expenditure is only likely to get bigger.