Here’s How Revenue And Profits Ravaged The Newcastle Squad

Mike Ashley has always run Newcastle United in a frugal way,  and has tried to increase both revenues and profits  of the club as much as possible, and when you look at our revenues and profits – the financial figures are very good, and once the club releases the financial results for the year 2013-2014 – they will look stellar.

lee charnley and mike ashley

Lee Charnley and Mike Ashley – essentially run Newcastle
There is nothing wrong with having good revenues and profits at a football club – but it can be overdone, and sometimes Newcastle care too much about the financial figures rather than the state of the Newcastle squad.

And the excellent financial results are in no way reflected in a squad that is neither big enough nor good enough to compete in the top six in the Premier League.

nufc revenues


NUFC Profits

And we often don’t have a big enough squad for the tasks ahead and that was very true in the one year we were in Europe under Mike Ashley – in the 2012-2013 season – when our squad was ravaged because of the extra European games and we struggled against relegation.

So let’s list some of the things that Newcastle have done since late last August to increase the revenue (and therefore the profits) of the club for this current financial year.

Notice that very one of the following add to the revenues and profits of the club but have negatively impacted the squad.

  • Refused to replace Loic Remy with an experienced striker and we have been (at least) one striker short all season
  • Started the season with only two experienced goalkeepers – which is very unusual these days for a Premier League club because it’s such a specialized position.
    So when both Tim Krul and Rob Elliot were injured in later November Jak Alnwick was asked to play seven and one half games in the Newcastle first team, during which time we won only one game and lost five and conceded 19 goals
  • Loaned out Mapou Yanga Mbiwa to Roma for a loan fee and then cashed in on him last month when we picked up a £5.5M fee from Roma for his transfer – Newcastle have been one center-back short all season
  • Loaned out Ben Arfa to Hull City for the season
  • Refused to bring in a replacement for Steven Taylor when he was injured and out for the season on January 1st – even though that meant we were down to only two experienced center-backs – and there was plenty of time to bring somebody into the club in January – even on a short loan deal
  • Loaned out Davide Santon on the last day of the winter transfer window to his former club Inter-Milan – even though we were without Steven Taylor and Mapou Yanga-Mbiwa at that time
  • Loaned out five fringe players to Rangers on loan for the rest of the season

Now with Paul Dummett probably out for the season with his knee injury, we have only four experienced defenders  available  in Coloccini, Williamson, Janmaat and Haidara.

As far as looking to see who could play in defense we suppose we have Ryan Taylor, Vurnon Anita and Jonas Gutierrez who have played in both full-back positions, but we are really short at center-back.

Let’s hope Colo or Willo or both don’t get injured any time soon. 🙁

Finally Newcastle should release the financial results though the end of last June, although now is probably the worst possible time,  given the serious situation of the squad and because no money was spent last month.

We know through Deloitte and their Money League that Newcastle have revenues for last year of £129.5M, which makes us the 19th richest football club in the world, and they are record revenues.

And we should also have record profits – our estimate is around £40M or more.

That’s some of the money Mike Ashley has refused to spend and why our squad now is now ravaged for the rest of the season – so let’s hope we can at least 8 points to be safe in the Premier League.

If we do it’s not because the powers that be at Newcastle have done anything to help the situation – it would be a good claim that they have run the club in a reckless manner this season.

When the Newcastle squad becomes more important than the revenues and profits of the club, that’s when we can look forward to having a top side again.

And it’s not impossible to do that.

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14 comments so far

  • BandB

    Feb 19, 2015 at 3:55 PM

    Comment #1

    Dummett out for at least 10 weeks.
    And Cabella doubtful after picking up a knock in training.

  • lesh

    Feb 19, 2015 at 3:57 PM

    Comment #2

    He’s s bloody money-obsessed man under whom this club’ll never be a force to be reckoned with.

    It’s a pity there are no rules governing spend on players – maximum and minimum say as a proportion of prize and TV sponsorship deals.

  • cyprus

    Feb 19, 2015 at 3:59 PM

    Comment #3

    Ed, dude, remember this?

    “I’ve nothing to moan about now in terms of what’s happened this summer,” Pardew insisted. “We’ve got a strong squad, perhaps the biggest and best I’ve ever had in terms of options, so we’re in a great position.”

    Somebody screwed up big time, agreed. Maybe many people. But also your pet manager 😉

  • Ibizatoon

    Feb 19, 2015 at 3:59 PM

    Comment #4

    If there was a clear plan, one that we all believed in, then perhaps it wouldn’t be such an issue.

    We get the finances needed sorting and they have. We can argue about whether it needed be done the way it was or not, but what’s key is what happens now?

    If the end aim is to simply collect money, then I don’t see why any fan would be happy. We’re not a financil institution and it’s not finances that we are fans of, well, most of us anyway.

  • Jeff from Benwell

    Feb 19, 2015 at 4:05 PM

    Comment #5

    Jack Colback one booking from a 1 match ban.

    If you are going to do doom and gloom
    Do it properly ffs

  • BandB

    Feb 19, 2015 at 4:07 PM

    Comment #6

    Merely reporting facts Jeffrey.

  • toon kk

    Feb 19, 2015 at 4:07 PM

    Comment #7

    The best outcome would be relegation, it would teach the fat man a good lesson he wouldn’t forget.
    The fans would get to see a better game of football in the championship because we can’t compete in this league.

  • Jeff from Benwell

    Feb 19, 2015 at 4:12 PM

    Comment #8

    You may well be right about Ashley being money obsessed – I just don’t know – However if you are right why the hell has he got himself embroiled in Scotland for , all sides agree there is no money to be made in Scottish football.
    Cannot get my head round it

  • Geordie1

    Feb 19, 2015 at 4:17 PM

    Comment #9

    Any which way you luck at it we are well and truly flucked under this FCB he takes but never gives he has killed the passion once renowed at St James he is a bully and I hate bullies. We are no longer a team feared we are just trading warter.

    ASHLEY OUT!!!!!!!!

  • toon kk

    Feb 19, 2015 at 4:27 PM

    Comment #10

    MA hasn’t put money into Rangers just to make money out of Scottish football, SD will also benefit and that’s his main passion.

  • Sliema

    Feb 19, 2015 at 4:29 PM

    Comment #11

    Can we have a round up of possible theories regarding just exactly why MA is buying Rangers?

    I too cannot get my head around it. There is nothing. No money no sponsorship potential no chance of an improvement either. Amateur level football.

    Maybe, and I can’t explain how, but maybe he is trying to get Rangers included into the English leagues system? They and the SFA are already well peed off at each other.

    It’d be a very cheap prem club with access to a huge stadium and fan base and a brand which might be still somewhat a legacy.

    It would take a few years but he could climb from Conference to Premier league quite rapidly, with the profits he will make by selling us!!! (He would have to sell us of course)

  • lesh

    Feb 19, 2015 at 4:29 PM

    Comment #12

    Ashley’s running the Club as though he’s running SD by constantly focusing on the head-count – including players in it.

    When will the clown recognise that having an adequate squad is a basic essential.

    I’ve said this before but if he could recruit players and other staff on zero-hours contracts, calling on them as and when required, he would.

    Whilst being financially prudent is fine, there are limits beyond which the Club’s Prem status is at risk. If he offers Carver the HC job next season, he’ll have gone for the cheapest option but the risks of relegation will be heightened substantially. And if he does that in addition to spending squillions on players, the risks will remain – Carver’s record to date is not good to show he can keep us in the Prem next season.

    Please please will someone out there save us from Ashley? I doubt it. Why? Because the time to have bought at a sensible price has passed.

    Ashley will argue that increased TV sponsorship etc will have raised the Club’s value and thus its selling price.

    Sadly, I think we’re stuck with him unless something happens to make him want to get out of Newcastle United altogether.

    We can only hope for us mega-rich individual who has money to burn will rid us of the blight that is Ashley.

  • JP...from The Rock

    Feb 19, 2015 at 4:37 PM

    Comment #13

    I as a passionate fan would hate to see us relegated even if it would bring an end to the greedy fat one’s reign.

    I do however wish to see the back of Ashley for good. Not attending matches and showing a completely empty stadium and only the few fans that attend being ones holding ‘Ashley Out!’ signs would force this cancer out of our club.

  • banjax

    Feb 19, 2015 at 4:50 PM

    Comment #14

    Lambs to the slaughter at Man City with only skinflint Ashley to blame. With the overwhelming fire power facing the Toon this weekend – God knows what the score will be. As long as M A continues to treat the club and supporters in this way, our club will never win anything and it’s greatest achievement will be mediocrity. Just think our new motto could ‘to persevere to fail’.


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