The 2017 Deloitte football rich list has just been published and Newcastle United have dropped out of the Top 20.
The 2017 rich list compares revenues of all clubs for last (2015/16) season and Newcastle’s turnover dropped from 169.3m euros to 168.2m euros, leading to a drop of four places from 17th to 21st.
Moving ahead of the Magpies are FC Zenit (17th), West Ham (18th), Inter Milan (19th) and Leicester City (20th).
The 2016 Deloitte football rich list (for the 2014/15 season) had seen Newcastle’s turnover go from 155.1m euros to 169.3m euros and a rise from 19th to 17th place in the Deloitte list.
However, that Newcastle’s turnover which rose last time from 155.1m euros (£117.9m) to 169.3m euros (£128.8m) has to be taken in the context that like all other Premier League clubs, they benefited against their European competitors due to a 10% strengthening of sterling against the euro.
In reality it was little change a year ago compared to the one before, taking into account the 10% benefit from sterling to euro and the breakdown reflected that.
Matchday revenue was 31.0m euros in 2013/14 and 35.2m euros in 2014/15.
Broadcast revenue was 93.5m euros in 2013/14 and 101.4m euros in 2014/15.
Commercial revenue was 30.6m euros in 2013/14 and 32.7m euros in 2014/15.
The 2016 Deloitte report saying 12 months ago:
‘A record nine Premier League clubs are ranked within this year’s top 20, one more than in last year’s edition, helped by a 10% strengthening of sterling versus the euro. Premier League clubs now dominate the top 30, with 17 of those clubs having played in the Premier League during the 2014/15 season.’
With Newcastle United not usually releasing their accounts until April the following year, it is unknown what the breakdown of Newcastle United’s 168.2m euros figure is and we will only find out in three months time (April 2017) when NUFC will release their accounts for last season (2015/16).
If Newcastle United had remained in the Top 20 we would have found out that breakdown as they (Deloitte) show that for all those clubs – but for positions 21-30 you only get the total turnover figure.
2017 DELOITTE FOOTBALL RICH LIST TOP 20 (Totals in euros)
2017 DELOITTE FOOTBALL RICH LIST (Places 21-30)
(In the next article coming up, we will be comparing Newcastle’s performance (off the pitch) compared to the rest of the Premier League)