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News and Commentary On Newcastle United By Ed Harrison, A Proud Exiled Geordie And Lifelong Fan

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Newcastle’s Revenue Next Season Makes Things Manageable

5:58 pm, Tuesday, May 24th, 2016 by Dr. Ed Harrison · 6 Comments

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 lee charnley

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.

premier league payemts

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.

Comments welcome.



Tags: Financial Fair Play · Financials · Newcastle News · Other News · Premier League




6 responses so far ↓

  • 1 Ron Knee // May 24, 2016 at 6:01 PM

    RIP Burt Kwouk

  • 2 GeordieTwo // May 24, 2016 at 6:03 PM

    Not now Cato!

  • 3 GeordieTwo // May 24, 2016 at 6:04 PM

    Sad to see him go Ron mate.

  • 4 JP...from The Rock // May 24, 2016 at 6:14 PM

    Rafa to be confirmed tomorrow I hope.

  • 5 mw22 // May 24, 2016 at 6:58 PM

    Ed,

    I think you might have the details about what we will be paid next year wrong. From what I have read on pages like : http://www.premierleague.com/en-gb/news/news/2015-16/jun/020615-premier-league-to-increase-football-league-solidarity-payments.html

    The parachute payments will be based on the equal share part of the payment that the premierships clubs will get in that year. So the payment we get next may will be 55% of the equal share payment that the pemiership clubs get nest year. A If they were using the same method this year, then a club that was demonated last year would get 55% of £21,924,800 At this stage it is impossible to say what that will be next year, but the estimates that I have read are around 35-45 million for the demoted teams. So your figure is around the right amount.

    Of course I might be wrong, but that is how the details read.

  • 6 BeeGuy // May 24, 2016 at 8:43 PM

    Lots of dosh to buy crocked championship players.




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