Newcastle have been listed the 25th richest club in the world by Deloitte Touche, in terms of annual revenues.
The top three clubs with their revenues in euros – from the latest financial year – which ended last June are as follows:
Real Madrid €479.5M (£359.3M)
FC Barcelona €450.7M (£337.5M)
Manchester United €367.0M (£275.3M)
The euro to UK pound conversion rate at the moment is about 0.75, so we multiplied the amounts above in euros to get UK pounds.
Other English clubs who are in the top 20 include Arsenal 5th at €251.1M (£199.3M), Chelsea 6th at €249.8M (£186.8M), Liverpool 9th with €203.3M (£152.5M), Tottenham 11th with €181M (£135.8M) and Manchester City 12th with €169.6M (£127.2).
Newcastle are in 25th place with €98M (£73.5M) and it shows how much Newcastle have missed the boat over the last few years, because even last year we were in 23rd position, and that’s when we were in the Championship.
Of course in terms of profit Newcastle did well over the last financial year, as the club lost around £4.5M whereas Manchester City lost £194.9M, and Chelsea lost £67.7M.
Only Aston Villa apart from the above English clubs did better in revenues than Newcastle, as they were listed one place above Newcastle with €99.3M total revenues (£74.5M).
So Newcastle are the 8th richest club from the last financial year’s revenues, and we are unlikely to rise much in the next financial year, which ends at the end of June.
Sunderland are in 30th position with €87.9M (£61.5M)
When Newcastle were in the second division we were 23rd in the standings as we published at the time , although the revenues at that time were only £38M, because of our lack of Premier League TV money.
And in May, 2008 Newcastle were the 16th richest club in the world, as listed by Forbes magazine with revenues of $175, which at today’s rates (about 1.6 US dollars to UK pounds) is about £109M – but at that time were £99.4M because of a different exchange rate.
So Newcastle have dropped in the last three or four years, and of course relegation didn’t help us at all, and that’s one reason Mike Ashley is trying hard to increase the revenues of the club.
For one thing bigger revenues mean the club will be able to spend more on transfers each year, once the UEFA Fair Play Financial Rules come into full effect in about three years time.
The rich get richer and the poor get poorer.