Newcastle United received £72.8M in funds from the Premier League for the 2015-2016 season, and that’s a little down from previous years.
Our understanding is that Newcastle will now receive a parachute payment next May, which is 55% of that figure, which is around £40M and with £2.5M being paid to Championship clubs, our broadcast part of the revenue – will be about £43M next year.
Mike Ashley at the Tottenham game
Here are the figures given to each of the Premier League clubs with a breakdown into the five categories.
From what we can tell, Newcastle will get around £43M from broadcasting next year – and we got around£25M in both of the other two revenue categories in the last financial year – commercial and match-day.
So if we can get similar amounts next year that would give us revenues over£90M.
That’s manageable, although both commercial and match-day revenues will probably be reduced because we are in the Championship.
It’s manageable, but every season we are down below we lose ground financially on the other Premier League clubs, so promotion next May is the number one goal – it has to be.