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19 minutes ago, The Prophet said:

Fill your boots.

In line with expectations. Amortisation + wages close to 100% of revenue.

 

Match day income is fascinating. Ours is close to West Ham (London I guess), not that far behind Man City (70m, including all CL home games possible during that period) and then way behind Liverpool, Arsenal, Man U.

 

 

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6 minutes ago, The College Dropout said:

In line with expectations. Amortisation + wages close to 100% of revenue.

 

Match day income is fascinating. Ours is close to West Ham (London I guess), not that far behind Man City (70m, including all CL home games possible during that period) and then way behind Liverpool, Arsenal, Man U.

 

 

Now imagine what squad cost does to us. I hope that's never adopted. 

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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. 

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5 minutes ago, timeEd32 said:

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. 

400m for the next financial year. Gan on, treat us. 

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  • 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
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Generally we look quite stable and a lot of the mess from the previous regime has been cleared which is a good credit to the current owners, we need to continue being smart with our investments player wise as reading the numbers and the current situation with PSR, signing the wrong player for the wrong fee can really hurt us both short and long term.

 

Is there a breakdown of what the 69m other cost is? and just out of curiosity i thought we don't have any loans, so were is the 11m interest from?

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