Willock joins Newcastle permanently: Arsenal reduce transfer deficit by 35%

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Only Joelinton was more expensive 

Up until this point, Arsenal have spent significant money on the transfer market without bringing in fresh cash. Ben White, Albert Sambi Lokonga and Nuno Tavares cost the Gunners €84 million. Now the club has finally cut its transfer deficit. After being on loan at Newcastle United, academy player Joe Willock leaves the club permanently and signs a long-term agreement with the Magpies.

Newcastle did not reveal the length of the deal or the transfer fee. But according to Sky Sports, the fee was in the region of €30 million, plus performance-based bonuses. As a result, Arsenal reduce their transfer deficit by 35% and receive the eighth highest fee in club history. Willock becomes the second most expensive signing in Newcastle history behind Joelinton, who joined the club from Hoffenheim for €44 million in 2019/20.

Transfer statistics: Arsenal record departures /  Newcastle United record signings

Born in London, the central midfielder has been developed by Arsenal and was a member of the club since 2004. Willock spent February to May on loan at Newcastle and scored eight goals in 14 games. 

Lukaku in top 10 twice – The most expensive Premier League signings

23 – Tanguy Ndombélé | 19/20 from Lyon to Tottenham for €60M

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23 – Anthony Martial | 15/16 from Monaco to Man United for €60M

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23 – Naby Keita | 18/19 from Leipzig to Liverpool for €60M

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22 – Alisson | 18/19 from AS Rom to Liverpool for €62.5M

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21 – Rodri | 19/20 from Atlético to Man City for €62.7M

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20 – Raheem Sterling | 15/16 from Liverpool to Man City for €63.7M

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19 – Pierre-E. Aubameyang | 17/18 from BVB to Arsenal for €63.75M

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18 – Christian Pulisic | 18/19 from BVB to Chelsea for €64M

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16 – Aymeric Laporte | 17/18 from Bilbao to Man City for €65M

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16 – Joao Cancelo | 19/20 from Juventus to Man City for €65M

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15 – Alvaro Morata | 17/18 from Real Madrid to Chelsea for €66M

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14 – Riyad Mahrez | 18/19 from Leicester to Man City for €67.8M

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13 – Rúben Dias | 20/21 from Benfica to Man City for €68M

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12 – Ángel Di María | 14/15 from Real Madrid to Man United for €75M

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11 – Kevin de Bruyne | 15/16 from Wolfsburg to Man City for €76M

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10 – Kepa | 18/19 from Bilbao to Chelsea for €80M

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9 – Nicolas Pépé | 19/20 from Lille to Arsenal for €80M

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8 – Kai Havertz | 20/21 from B. Leverkusen to Chelsea for €80M

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7 – Virgil van Dijk | 17/18 from Southampton to Liverpool for €84.65M

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6 – Romelu Lukaku | 17/18 from Everton to Man United for €84.7M

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5 Jadon Sancho | 20/21 from Dortmund to Man United for €85M

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4 – Harry Maguire | 19/20 from Leicester to Man United for €87M

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3 – Paul Pogba | 16/17 from Juventus to Man United for €105M

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2 – Romelu Lukaku | 21/22 from Inter Milan to Chelsea for €115M

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