Newcastle Back In The Premiership And Some Big Money

The club that get through this afternoon’s Coca-Cola Championship play-off final between Cardiff City and Blackpool are said to be getting £90M in new revenues.

Mike Ashley – club should be in black next season

Well, that’s according to Deloitte analysts, and Newcastle should be able to put their financial house in good order in a few years.

Newcastle have lost £70M in their last two seasons and owe owner Mike Ashley at least £111M, but the good news is the club is paying no interest on that loan, and apparently Mike doesn’t want paid off any time soon. Good.

So it does allow Newcastle to limit their wage bill to say £50M, down from the £74M it was in our relegation season, and the club should now be able to make a profit, and start to pay off some of their debts.

It will also allow some transfer money to be made available, although we doubt there will be too much of that available this summer.

The consultant company Deloitte says the income from TV, sponsorship, gate receipts – and parachute payments to clubs who are relegated from the Premier League – has risen by 50% compared to last year. That’s an enormous increase.

The new Premier League television deal is mainly responsible for that, as the PL is getting more and more popular around the world, and certainly is becoming quite popular here in the US, with youngsters now able to watch world-class football (soccer).

Paul Rawnsley, director of the sports business group at Deloitte, said today:

“The Championship play-off final winners will benefit from at least £40M of additional revenue in 2010/2011, the vast majority of this coming from television income and the rest from higher gate receipts and increased commercial income.”

“In addition, even if a club is relegated after one year in the Premier League, parachute payments may be received over the following four seasons of up to £48M.”

“In financial terms, this match offers the winning club the most substantial prize in world football and the value is now even greater as a result of the Premier League’s increased revenues from international broadcast rights and the extended parachute payments over four seasons.”

“It is a prize which provides the opportunity for sound investment and strengthening the foundations of a club for years to come.”

When Deloitte releases their richest football club lists in February, Newcastle were 20th last February, the club may not make the top 20 next February, because Newcastle will have been in the Championship during the time the revenues are measured.

But the year after that, in February 2012, Newcastle should be one of the richest football clubs in the world, with revenues well over £100M.

There’s no doubt in our minds that the famous Newcastle United club are back in the ascendancy – no doubt at all.

Comments welcome.

7 comments so far

  • MarkO

    May 22, 2010 at 12:39 PM

    Comment #1

    Some free agents this summer:

    Eyong Enoh
    Joe Ledley
    Kim Kallstrom
    Simon Davis
    Fabio Aurelio
    Alexander Kacniklic
    Jaja Coehlo
    Tamir Cohen
    Emmerson Boyce
    Paul Scharner
    Marlon Harewood
    Martin Petrov
    Anthony Stokes
    Liam Ridgewell
    Cameron Jerome
    Kevin Phillips
    Jermaine Beckford
    Benoit Tremoulinas
    Aurelien Chedjou
    Pierre Aubameyang
    Franck Beria
    Fabio Santos
    Sidney Govou
    Andre Ayew
    Mamadou Sakho
    Granddi Ngoyi
    Albin Ebondo
    Mohamed Yahaya
    Renato Civelli
    Didier Digard
    Hamit Altintop
    Stephan Furstner
    Toni Kroos
    Tranquillo Barnetta
    Sascha Dum
    Paolo Guerrero
    Kevin Kuranyi
    Alexander Hleb
    Roberto Hilbert
    Alexander Farnerud
    Arthur Boka
    Goran Slavkovski
    Ignacio Camacho
    Marcos Senna
    Jesus Navas
    Christoph Metzelder
    Xavier Margairaz
    Nicolas Burdisso
    Dejan Stankovic
    Mark Bresciano
    Mark Wilson

    some interesting ones there
    Kris Boyd

  • Thump

    May 22, 2010 at 1:30 PM

    Comment #2

    Some very interesting ones indeed, MarkO!

    Out of curiosity, where do you find these free agents? Maybe I’m just lazy… haha

  • okkurtgarvilt

    May 22, 2010 at 1:48 PM

    Comment #3

    Out of that list, Kris Boyd is not interesting

    I would say, Kallstrom, Barnetta, Hleb, Camacho, Tiago, Jurado, Navas, Metzelder, Liedson, Burdisso, Stankovic and Breciano would all be quality additions, however, I don’t think we have any chance of getting one of those players.

    So perhaps, Kris Boyd will do after all 😀

  • G-Man

    May 22, 2010 at 2:02 PM

    Comment #4

    Jesus Navas (25) Seviila, quality right winger would love Hughton to sign him, but doubt it, wage’s again………………….


    May 22, 2010 at 2:54 PM

    Comment #5

    ………..and every one of them wil want top whack.

    Good work though sir

  • Solaidback

    May 22, 2010 at 8:29 PM

    Comment #6

    Yeah but how many of them are under 25 years old MarkO???

    Why is everyone forgetting the age limit set by Ashley & quoted by Hughton himself just days ago???

  • WLtoon

    May 22, 2010 at 9:21 PM

    Comment #7

    Some interesting names there MarkO.
    how many of those do u think we will get?
    ile take a wild guess,NONE.


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