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General NUFC stuff


LoveItIfWeBeatU

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I'm no Swiss Ramble, but some important points:
 

  • The team's 4th place Premier League finish, progression to the EFL Cup final, and growth across key sponsorship and commercial income streams contributed towards a profit of £20.1m before player amortisation costs (2022: loss of £26.4m).
  • Player amortisation costs rose to £89.3m (2022: £51.1m) in line with the increased value of the playing squad.
  • Staff costs to turnover ratio down to 74.1% from 94.6% (this is huge!)
  • Match income increased £10.4m (38%) from £27.5m to £37.9m, with 7 cup fixtures played in the year (2021-22: 2) as the team progressed to the EFL Cup Final, an enhanced pre-season and mid-season programme and increased revenues from both seasonal and matchday hospitality
  • Commercial income increased £17.4m (66%) from £26.5m to £43.9m with growth in commercial partnerships income together with a number of events in the year most notably the Diriyah Cup in Saudia Arabia in December 2022 and the two Sam Fender concerts in June 23.
  • Staff costs increased £16.5m (10%) from £170.2m to £186.7m, the main factors being higher merit-based bonuses for the playing squad, team management and club staff as a result of 4th place finish, along with the increase of c100 employees across the club (see note 7) as the build out continues across football operations, commercial teams, executive and central support functions.
  • UCL Group stage participation is expected to yield at least £37m in revenue for the Club.
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Some other details:

  • Summer 2023 transfer spend was £124m. (Our spend was generally reported as ~£130m, so slightly less but may be missing add-ons)
  • Employees in the group "Playing squads, academy, team management and support" increased from 165 to 210
  • Employees in the group "Business operations" increased from 143 to 200
  • £6.7m commercial income from PIF: The Group recognised commercial revenue in the year of £6,710,000 (2022: £nil) from fellow subsidiary and associated undertakings of the Public Investment Fund ("PIF), the company's ultimate parent undertaking, of which £4,277,000 was not invoiced in the year and thus is included in accrued income at 30 June 2023.
  • A capital contribution of £676,000 was received from the Public Investment Fund to meet the cost of the first team squad's warm weather training camp in Saudi Arabia in the prior year.
  • £1.2m+ in interest free loans to Staveley for legal fees: On 7 November 2022 a loan of £600,000 was made to A L Staveley in respect of certain legal fees. The loan is interest free and remained outstanding at 30 June 2023 (2022: £nil). Subsequent to the year end, a further loan of £659,056 was made on 31 August 2023.

 

The thing I'm most interested to hear from Kieron Maguire on is the loans we took out and future amounts owed, interest, etc. It's probably all normal, but I know nothing about it.

 

 

Edited by timeEd32

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Looking at the future numbers they shared I think it is very likely that our 2023/24 accounts show revenue north of £300m. And then, in 2024/25, Adidas will offset a huge chunk of lost Champions League money (assuming we don't qualify this season) and other things should be picking up by then (plus we may sell a player(s)). I think £300m is going to become our new baseline, which is a nearly 70% increase on 2021/22.

 

 

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55 minutes ago, joeyt said:

 

 

 

 

This was our starting 11 that day: 

Given
Ramage
Taylor
Huntington
Pattison
Solano
Butt
Milner
Dyer
Martins
Sibierski 

 

The fact that back four managed to win a Premier League game is insane :lol: 

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5 hours ago, maybe_next_year said:

 

 

This was our starting 11 that day: 

Given
Ramage
Taylor
Huntington
Pattison
Solano
Butt
Milner
Dyer
Martins
Sibierski 

 

The fact that back four managed to win a Premier League game is insane :lol: 

 

We had some absolute honking back fours in that period. :lol: Add David Edgar, Craig Moore, Oguchi Onyewu, Celestine Babayaro, David Rozehnal, Caçapa and Lamine Diatta to the list.

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4 hours ago, Conjo said:

 

We had some absolute honking back fours in that period. :lol: Add David Edgar, Craig Moore, Oguchi Onyewu, Celestine Babayaro, David Rozehnal, Caçapa and Lamine Diatta to the list.

I always liked Moore and Rozehnal 

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1 minute ago, Ben said:

I always liked Moore and Rozehnal 

 

Moore was solid in the run to Europe under Roeder.

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8 minutes ago, Superior Acuña said:

Last Newcastle player to score at a world cup?

 

(Actually no, Mitro did, but between his Fulham loan and signing for Fulham. So in spirit, yes I'd say)

 

Think Sissoko bagged in 2014 WC

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6 minutes ago, MrRaspberryJam said:

 

Think Sissoko bagged in 2014 WC

 

He had to go home to get a book to prove it.

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