A Cursory Look At Newcastle’s Financials Through Last June


The results of the last financial year though June 30th last year have just been released and that was our last season in the Premier League – getting the big bucks because of the TV rights revenues.

The Newcastle revenue is £4.1M less than the year before and the profits after tax were £4.6M in 2015-2016 compared with £32.5M the year before – so that’s a huge decrease.

The wages as part of overall revenue also went up by over 9% to pay for new players coming into the club like Aleksandar Mitrovic, Gini Wijnaldum, Chancel Mbemba for the full year and Jonjo Shelvey, Andros Townsend and Henri Saivet for half a year.

Lee Charnley – Managing Director

Here are some of the figures for the last financial year compared to the year before as reported on the Newcastle web-site today.

Financials20162015
Revenue £M125.8129.7
Operating Profit £M0.919.1
Profit After Tax £M4.632.5
Wages To Revenue %59.450.1
Loans/Debts £M129.0129.0
Cast At Year End1.748.3

Notice that when the financial year closes this June 30th we will have a big (huge) drop in revenues due to being in the second division.

That’s even allowing for the parachute payment of around £40M relegated Premier League clubs get for the first year down below.

The loans from Mike Ashley remained unchanged at £129M and are interest-free loans.

But in the current financial year (2016-2017) the owner  has already  loaned the club more money to survive, given we get much lower revenues in the Championship.

We’ll be looking at the financials in greater detail later today.

Comments welcome.



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5 comments so far

  • Average_Contents

    Apr 6, 2017 at 1:01 PM

    Comment #1

    Yay.

    The financials, what every fan of every club dreams about….

    Nobody gave 2 flying ***** until the slug slimed along.

    Balance sheet champions.

    0
  • Average_Contents

    Apr 6, 2017 at 1:02 PM

    Comment #2

    Fat knacker out

    0
  • JamesToon

    Apr 6, 2017 at 1:05 PM

    Comment #3

    Off topic, but think theres a lot of unfair criticism of luke shaw, yes he went to man united too early, but suffering a leg break obviously going to impact him. Mourinho just destroyed him in his interview which will obviously damage his confidence, he needs to leave there. Genuinely think Benitez would be the perfect coach for him, he would improve shaw’s tactical awareness, positioning and defensive ability and football know-how of when to get forward and back

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  • beermonkey

    Apr 6, 2017 at 1:12 PM

    Comment #4

    jamestoon

    watched the man u game tues night whilst in the pub thought shaw did ok
    i think shaw will be used in the deal to get dier then then spurs can cash in on rose
    if levy has plans to sell any1

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  • martoon

    Apr 6, 2017 at 1:14 PM

    Comment #5

    I’m no accountant but I’d imagine the wage bill increasing by nearly 10% must be a massive drain. Presumably getting the likes of Colo, Townsend, Sissoko & Wini off the wages will help? Presumably we still got our Premiership money last year at the end of the season for 18th place or whatever so it will be at the end of this season we get the parachute payment.

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