We had decent revenues for the last financial year of £93.3M, but it’s likely to take a drop in the financial year that finishes at the end of June.
Derek LLambias – could see revenues decline this season
Here’s how Newcastle revenues have looked over the last five years, with the big drop coming when we were relegated in 2009, when the revenues fell by around £34M.
We have finished in 16th place this season which is 11 places lower than last season, and since each place is worth around 800K, then we’ll be getting £8.8M less for our Premier League place this season compared to last season.
And that will probably manifest itself in having lower revenues this financial year than last.
We just about made the top 20 football clubs based on revenue last season, so it may be tough to make 20th place again.
Of course there will be increased revenues next season with the new Wonga deal – and hopefully we can finish a lot higher in the league table, and also have a couple of good cup runs in the FA Cup and the Capital One Cup.
And with the new massive three year TV deal starting next season, the money from TV is increased by around 70% – and we’re still in the Premier League so we’ll get some of that. 😀
You can also reach Ed at firstname.lastname@example.org