Newcastle’s Revenues Drop – But Watch For Huge Increase


Newcastle suffered a decline in revenues for last season – specifically for the financial year June 1st 2012 though June 230 2013, and our revenue was €111.9M (£91.7M) compared to €115.3 (£94.5M) in the previous financial year – that’s a drop of  £2.8M.

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The new Deloitte Football Money League for 2014 is out and the reduced revenue has caused Newcastle to drop out of the top 20, where we were once in number 13 position when Freddie Shepherd was running the club,

And that’s what happens when you have a slip in the Premier League and it seems the amount we were paid for finishing 16th last season compared to 5th the season before was not offset by the revenues we took in from the Europa League when we reached the quarter-finals.

Notice in the prize money given out for last year we would have received another £8.3M if he had finished 5th rather than 16th in the league last season.

We are now in 25th position in the table but watch for the revenues to take a huge upturn for the next financial year with the average increase of funds from the Premier League being around £30M – due to the new Premier League agreement.

And at to that the fact that Newcastle are very likely to finish in the top wight being 5 points ahead of Southampton in 9th place and 12 points ahead of Aston Villa in 10th place.

And add to that the increased revenue we’ll be getting from the new Wonga deal and certainly in the next financial year we could be close to £130M or more – and that would be  around £30M more than we’ve ever made in our history.

The English clubs should also be able to move up the table because of the increased revenue being paid out next May by the Premier League, with every position now being worth around £2M compared to £800K last year.

It’s a case of bad news good news – but that’s why Mike Ashley and company have the Premier League as the number one priority every year.

Once I get a chance to look at the new numbers more closely, I may bring out another article on this.

Comments welcome.

Note: There is a special MJK Sports event coming up like we’d like to publicize. On May 9th there will be an evening with Kevin Keegan at the Lancastrian suite in Gateshead. You can get the details about the event and buy your tickers here.

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16 comments so far

  • Ben3arfa

    Jan 23, 2014 at 9:15 AM

    Comment #1

    Only increase Ill be watching out for is Mike Ashley’s calorie intake. Greedy fat so and so

    Interesting

    Remy Cabella and his father have chosen @FFF registered agent Philippe Piola to deal with his transfer situation, we confirm. #MHSC #NUFC

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  • Markaccus

    Jan 23, 2014 at 9:17 AM

    Comment #2

    Catchy and t sage

    On the top team/bottom team issue that you are discussing….
    I would like to respectfully point out that NUFC have had this problem for much longer than Pardew has been here. He is just yet another manager that has not managed to sort it out.

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  • Jail for Ashley

    Jan 23, 2014 at 9:19 AM

    Comment #3

    We’ll see Mikey take 30M each out the club now for the next seven years.

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  • Transfer Sage

    Jan 23, 2014 at 9:21 AM

    Comment #4

    markaccus

    Yeh I agree, and that’s ultimately why most season we have been a mid table club.

    But when people claim it’s the best side since sir bobby’s times he should be doing a little better. Not much better as after the first 11 we have limited game changes in forward positions really.

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  • Markaccus

    Jan 23, 2014 at 9:27 AM

    Comment #5

    T sage

    our squad isn’t bad, but i think some people over rate some of the players. I think you are right about pardew…. he does sometimes get us playing good football, bot not consistently. I am begining to think he has an EPIPHANY TOILET like the care taker on scrubs. Sometimes he takes a dump on it right before a game and it occurs to him how to win the game!

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  • valle

    Jan 23, 2014 at 9:28 AM

    Comment #6

    Well, the extra tv money arent that interesting since all our closest rivals will get the exact same cash boost. I would be happier to know that we had found a way to increase our profits on the foreign market or something like that, but that dosnt seem to be the case. Dont get me wrong, 30 mil more will mean we can by more oversea players and thats great, but we need to put room between ourselves and those around us as well.

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  • Transfer Sage

    Jan 23, 2014 at 9:30 AM

    Comment #7

    markaccus

    not seen that for ages…used to love the show then it went down hill.

    But you could be right, would love him to just be braver and go for it more, not just get himself worried. Maybe it’s similar to moyes….always been under dogs so when he has a better team he’s never sure how to react and just worries on conceding.

    I’ve said a few times I think we could get a better manager even under Ashley’s policies but I don’t think we would get a better manager with Ashley picking him.

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  • Slank

    Jan 23, 2014 at 9:31 AM

    Comment #8

    Jail for Ashley @ 3

    ‘..Mikey take 30M each out the club now for the next seven years..’

    And why can’t he? He owns it. When has it been the custom that you cannot keep the money you make from the thing you own?

    Perhaps someone can supply figures on how much he has already drained from his club.

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  • Jail for Ashley

    Jan 23, 2014 at 9:33 AM

    Comment #9

    *year

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  • Transfer Sage

    Jan 23, 2014 at 9:35 AM

    Comment #10

    slank

    think the figure he has already taken is 13mil

    Football is different though, it’s part of the community in ways other businesses aren’t.

    I’d love to see laws put in place to prevent people taking profits from all football clubs and to also prevent any change to stadium, name, home kit, badge…without strong strong support from the fans.

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  • Jail for Ashley

    Jan 23, 2014 at 9:42 AM

    Comment #11

    Slank,
    He has every right to pfofit from the club but he also has a duty to try and win something rather than getting his cronies to say cups aren’t a priority and ordering his manager to field weakdned teams.
    It would be vey interesting to see how much he has drained with the closure of club shops, advertising, suspicious wonga deal etc.

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  • jimmysmith

    Jan 23, 2014 at 9:47 AM

    Comment #12

    In that cup defeat, wasn’t Pardew simply using his squad. I don’t know if you can accuse him of deliberately putting out a weak side, when he has essentially been playing a settled side in the league for a long time. I think he was more likely resting one or two players, who he felt needed a rest and giving a run to a couple who needed a start, and the side just didn’t get the job done.

    If there is a criticism, wouldn’t it be that he hasn’t rotated enough in the league and if he had we might then have done better in the cup. Although I think our best 11, certainly in midfield and attack pick themselves and the couple who you might want to be more prominent are out of the side due to patchy form.

    Do you just keep picking your best 11 until they drop? He’s prioritizing the league, and that’s not great for fans, but I don’t know how reasonable it is to blame him for Cisse’s or Benny’s overall contribution this season, or the sides performance on the day.

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  • Slank

    Jan 23, 2014 at 9:57 AM

    Comment #13

    TS @ 10

    I think they have laws like that in North Korea. I could be wrong, having never been there.

    Maybe their fans are free and easy and voice their dissent on the web and have marches outside their stadiums to show their displeasure as they live in a workers paradise !

    Or maybe they just lock people up who protest!

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  • catchy in norway

    Jan 23, 2014 at 10:00 AM

    Comment #14

    Markaccus / TS

    7 v 11 points is leaning more towards my point I think, and when you factor in that we have dropped good points against poor teams at home, it just makes it worse

    I am one of those who think we do have a good squad, a nailed on top 6 squad ( everton have 3 on loan players) or if they where there players, id say they have as good a squad as ours

    I think our squad is better than man u’s

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  • Wayayman

    Jan 23, 2014 at 10:01 AM

    Comment #15

    Just palying catch-up on the mornings threads. Regarding the Cisse post, it always makes me laugh when I hear players only moving if they are ‘guaranteed’ first team action.
    How about working harder in training and turning your form around? That will be the only way to ‘guarantee’ playing time. I like Cisse, but like most other footballers they need to have agents and advisors who can put an arm around their shoulders and tell tehm to buck their ideas up and stop feeling sorry for themselves when things don’t go their way. Same could be said for my favourite attacking player, Ben Arfa. If that lad had a quarter of the work ethic that renaissance man Williamson has, he’d be world class.
    There’s an old saying: if you’re having bad luck, work harder.

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  • mindshaft

    Jan 23, 2014 at 1:16 PM

    Comment #16

    The debt to Ashley is 100 million so not sure how he could take 30 million a year for 7 years – the other 134 million was to actually buy the club!

    Once he has his 100 million back and we are debt free we’d be an attractive proposition for another buyer (presuming we can stay in the prem)

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