timeEd32

Yeah, there really are too many factors. Going to take Eales at his word, but my prediction is that we will sell at least one of Gordon, Barnes, Bruno, or Joelinton. Not because we need to to be compliant, but because it creates flexibility (and possibly also because they want out).

Yeah, some quick math says we'd be at around 76% with these numbers. If we qualify for Europe we need to be below 70%, though anything less than 80% we'd in the first-time offender small fine territory so we'd have options.

The release of the four part documentary ‘We Are Newcastle United’ on Amazon Prime in August 23 together with changes in the operating and financial models for the Club’s retail and catering activities all contributed to the overall increase in Commercial income. This is interesting as I'm quite sure Swiss Ramble had been including this in the 2022/23 accounts, but we've recognized the Amazon doc in 23/24. The downside of that is it's a one-time thing Not counting Champions League our broadcast revenue was down £11.5m. This is mostly from lower merit payments (4th vs. 7th) and also two less TV games. Staff costs up 18% is from first team wages and also another 115(!) employees. Playing staff, team management and support from 210 employees to 252 Business operations from 200 to 273 employees Future outlook discloses new commercial deals with VT Markets, RedBull, and Bet365. Senior management wages increased from £3.5m to £6.9m

I'm very happy about the revenue number there, partially because I thought it had to be more like £310-320m but Kieran was keeping it around £300m. Take that expert. What stands out to me as pretty eye popping is the wages and other costs.

This number really doesn't mean anything. Have to include amortisation.

If you had tried to script the worst case scenario for today this would have basically been it.

Obviously wish we had him but the odds of him playing well for a final v Liverpool seem low.

Not even sure how it’s questionable. He kind of missed but his intent was a punch / forearm to the head.

Just terrible

The thing I'm worried about after City and tonight is that the occasion might be too big for us again. I was hoping it'd be different the second time and after CL games, etc. and maybe it will be, but feels like it could happen again.

Posts like this make me appreciate Reddit's downvote feature.

Konate running past Bruno looks like a 14 year old being allowed to play U11.

Can't stand Jota. No idea why.

That is a genuinely terrible article.

I feel like we've had this same discussion three or four times. There's no reasonable way (absent saying there will no longer be any APT/FMV rules) to project our commercial revenue to continually grow at the rate it has. This is actually exactly how many companies fool themselves into thinking they are the next big thing. And your points on matchday revenue are fair, but it needs to be part of the calculation. If we were to catch Arsenal and Spurs in commercials but remained £75-100m behind in matchday then we're still meaningfully behind. Now in reality I don't think it's at all possible to catch those clubs in commercial revenue without our matchday growing significantly because the two are heavily linked in a number of ways. I don't think any of the above is being negative; it's just being realistic. I'm still optimistic about where we're going, but I do think many have a warped sense of "catching up" just because Eddie has outperformed since arriving and also an inflated view of NUFC's stature relative to the biggest English clubs (we are tiny, globally).

+£71m on broadcast (largely from CL QF vs Europa League) +£29m matchday (CL games + I think higher ticket prices) +£50m commercial Wages up £96m (!) and amortisation up £32m.

We beat that Chelsea team for 90 minutes with players running on fumes. An individual error cost us. We also just beat Arsenal handily in a two legged semifinal. That spoils your narrative a bit though.

Not sure why we seem to have no plan for Ederson long balls.

Trips is a mess.

I think his point is that UEFA have their own fair value process:

The fines grow based on how badly you break the rules and number of years. Eventually it leads to other punishments, including getting banned. It's a more lenient system, but it's not a free-for-all.

Definitely wondering if we even tried. Hopefully we originally tried for higher amounts for SELA, Saudia, etc.

They had at least three consecutive years of breaking the loss limit rules. If we're anywhere between 70-79% on the cost control ratio then as first time offenders we'd pay a modest fine. Now we may not want to do that, in which case we need to get below 70%, but at least the option is there.

More leeway with UEFA's rules though. I'd describe this as moderately good news.

I’m actually quite confident we will. Whether it will be enough I have no idea. I’m more worried about injuries or suspensions derailing us.