Newcastle and Norwich exposed for overspending as Spurs and Chelsea succeed in marketNEWCASTLE overspent by almost £5.4million on Tottenham winger Andros Townsend last month, while Chelsea made a killing on Ramires' sale. By Joe Short 11:41, Tue, Feb 9, 2016 | UPDATED: 12:01, Tue, Feb 9, 2016 Link copied Bookmark GETTYRamires (bottom left) Klose and Townsend (right) all moved for more than their transfer valueTownsend, 24, quit White Hart Lane for Tyneside in a £12m transfer towards the end of the January window.He was one of three big-money players to arrive at Newcastle as manager Steve McClaren battles against relegation.But according to transfer market analysts Football Observatory, Spurs made a healthy profit on their academy product.Newcastle did, however, get value for money with the £12m arrival of Jonjo Shelvey from Swansea.According to FO, former Liverpool midfielder Shelvey is actually worth £11.3m more than what the Magpies paid for him. Express Sport Related articles Newcastle's Andros Townsend aims light up St James' Park like his... Former England boss explains record-breaking Chelsea deal SUBSCRIBE Invalid emailWe use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy