Study Finds Newcastle's Jonjo Shelvey to Be the Best Deal of Transfer Window

Good news, Newcastle fans: For all the Magpies' activity in the transfer market over the past year, the club managed to pick up the bargain of the January transfer window.

That's according to analysis from the CIES Football Observatory, which estimates transfer values based on studies of over 1,500 deals since 2009 (h/t BBC Sport).

The study found that Steve McClaren's side underpaid Swansea City to the tune of £11.5 million for Jonjo Shelvey, though it also concluded that Newcastle...

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