We’ve managed to put together the revenues (turnover) of every season that Mike Ashley has been the owner of Newcastle.
The revenues plummeted in 2009-2010 when we were first relegated from the Premier League.
They plummeted again in 2016-2017 when we were relegated for a second time.
The revenues increased significantly in the years 2013-2016 with a new, improved Premier League rights agreement that began in 2013.
And in our last fiscal year reported the revenues have gone up again due to another new, improved Premier League TV rights deal which started in 2016.
The revenue of £178.5M is the highest ever for Newcastle and is for the fiscal year through last June 30th.
Here are the revenues and we have made a note of some other interesting facts and figures form the report.
- Revenues were £178.5M – the highest ever
- Profits were £18.6M – that’s 10.4% of revenues – very decent
- The wage bill was £93.6M – the 14th highest in the Premier League – that’s dropped from the previous year
- Wages/Revenue ratio is currently 52.4% – down from 130.9% due to our very low Championship revenues last year – under 60% is the goal
- Lee Charnley’s wages have doubled – now £300M from £150K in the previous year – that’s still low for Chief Executives at Premier League clubs
- Mike Ashley was paid back his short-term loans – £43M in total – the club now owes him £111M in long-term loans
- Since he paid around £145M for the club back in 2007 – his total investment in Newcastle United is now around £256M.
- That means at £300M he’s looking for around a £44M profit in selling the club
- An agreement has been put in place under which Newcastle will receive payment from Sports Direct for the advertising in the stadium.
- Commercial revenues increased from £14.6M to £26.7M, but that’s lower than in 2015-16
- It’s extremely low compared to what other PL clubs generate and an area where Newcastle can earn a lot more revenue
Comments always welcome.