The Newcastle United Accounts for 2016/17 are now available at Companies House for the public to see.

The club released headline figures of the accounts last week but now we can see the detail.

Revenues were always going to go down in the Championship but in which areas were the biggest losses?

In total, Newcastle’s total revenues were £125.8m in 2015/16 in the Premier League but dropped to £85.7m in the Championship 2016/17 season.

Predictably, TV and Broadcasting (Media) showed the biggest drop, going down by over £25m (£72.6m to £47.4m).

Of that £47.4m, just over £41m was from PL parachute payments, with the rest down to money earned from finishing top of the second tier and number of times on live TV.

Home match attendances actually went up in the Championship from just under 50,000 to over 51,000 and that helped matchday revenue stay almost exactly the same, dropping only just over a million from £24.6m to £23.4m.

However, commercial revenues more than halved, from £25.1m to £12.1m.

So yet again, Newcastle fans come up trumps, with easily the biggest ever matchday revenues ever seen in the Championship.

Extract from the 2016/17 Newcastle United Accounts:

‘Relegation to the EFL Championship at the end of the 2015/16 season had a huge impact on the Group’s financial results for the year, as detailed in the financial overview below and clearly indicated by the following key performance indicators, used as a measure of the Group’s performance:

Turnover: £85.7m (£125.8m)

Matchday revenue: £23,449,000 (£24,699,000)

Media revenue: £47,411,000 (£72,673,000)

Commercial revenue: £12,136,000 (£25,101,000)

Other income: £2,689,000 (£3,282,000)

Average home league attendance: 51,108 (49,754)



  • Wezza147

    Creative accounting. No way the wage bill was 112M.
    In the final page it states:
    ‘Transactions between the company and its group undertakings are not disclosed as permitted by section 33 of FRS102’

    That’s interesting.
    Trolls you’re all blocked.

    • Fireman Sam

      That’s the reality, not all the money goes to the club, probably straight to MASH

      • Wezza147

        It almost certainly does!

    • Dont stop bobbi fleckman

      I’m not sure I count as a troll but the wage bill was £112m but in reality, this is includes a £20m provision.

      What is interesting is the players, with their bonus earned more in the EFL.

  • Leicester Mag

    So where is the shirt sponsorship? Only 12M from merchandise and advertisement?

    • Fireman Sam

      Merchandise is negligible as it goes to SD

      • Dont stop bobbi fleckman

        where does it say that?

    • Geordiegiants

      If the Rangers deal with the jumble sale was anything to go by, we will get about £0.25 per shirt sale.

    • Dont stop bobbi fleckman

      It’s not clear but I take it Wonga got a bit of a deal as almost certainly the sponsorship would have fallen in the EFL.

      • Geordiegiants

        I think his jumble sale gets all of the advertising money on the shirts as its their shirts not the clubs.

        • Dont stop bobbi fleckman

          Now, that’s definitely not true.

  • Paul Patterson

    I wonder how much S****s D****t pay for their wall to wall advertising?

    • Fireman Sam

      The club probably pays for it

  • Fireman Sam

    So operating revenue down £40m, but with £40m profit in the transfer market at the start of the season, the club should have pretty much broke even.

    Therefore with only a small outlay on players at the start of this season and a few loans in January, this season should see an increase in operating revenue of at least £80m.

    There simply has to be a significant amount available to Rafa.

    This £90m loss is a fantasy.

    • Dont stop bobbi fleckman

      I think you need to re-take your maths o-level

      • Geordiegiants

        Howay then Bobbi tell us the real facts.

        • Dont stop bobbi fleckman

          Real facts, we report a pretax loss £40m.

          The obvious issue is the loss of EPL income.

          The big increase in overheads was mainly in wages, this included (a now identified) provision of about £20m and roughly £10m in bonuses. The loss without this provision is about £20m.

          • Geordiegiants

            What’s the payment to his jumblesale for?

          • Dont stop bobbi fleckman

            SD pays Nufc a new figure of£400k which could be advertising. The invoice (not payment) is a stocktake figure as at 30 June.

          • Ram Kishore

            Hey Bobbi .. maybe u could give a summary and clear write up about the accounts, so that guys like firesam to get a picture of real accounting..
            Rather than working hard to explain them for every single comment .. u could clear the pic.. just a opinion mate..It’s upto u
            Yep there could be lot of harsh comments once the article comes out..

          • Dont stop bobbi fleckman

            I would do but the Mag tends not to run my articles unless I email Mark Jensen himself.

            I really don’t think Fireman Sam would read or understand it.

            As we’ve seen with Jezza etc, they prefer to block information that would expand their knowledge.

          • Ram Kishore

            Maybe mail it this time and see for once or just as u said mail it to Jensen or under a different pen name if u r fine with it

          • Dont stop bobbi fleckman

            That would be interesting, that said, I already get accused of different nom de plume’s

          • Ram Kishore

            Yeah u do..I find it funny..
            It’s easier for anyone to say that u guys are not the same..
            Clarko- straight to the point, factual and he uses his words clever and always shows a bit of attitude..
            Monkseaton- has those grammatical errors
            Ghost rider- a bit pro Ashley and very anti Rafa .. other times pretty much neutral comments.
            They dont have any similarities to ur comments..
            These are just what I saw to not fall for others accusations lol

          • Dont stop bobbi fleckman

            I really don’t even think there should be a group of pro-Ashley and Anti-Ashley. For the time Ashley owns us, I want him to be the 2nd most successful business man on the planet.

            Personally, I have no problem with the way that he runs the finances. He has been entirely consistent that he wants it to be a self-sustaining business not a subsidised vehicle to launder anybody’s ego, and that’s fine by me. Nevertheless he has propped it up significantly using money he will probably only recoup if the club is relatively successful, by that I mean an established top half finish with a bit of excitement in the cups.

            The problem of this forum and social media is the falsehoods that are perpetuated. If the figures don’t back up the perceived wisdom of some, they will literally make something up to get upset about. In these accounts, the accusation is that the £90m trading loss has been put out first by the club as a way to justify no activity within the transfer market. The reality is the figures are presented in this way because Financial Reporting standards require them to be reported in this way. Leazes’ will repeatedly say that Ashley gave away the club’s development land, it’s an out and out lie. Jezza says Ashley is filling his back pocket with TV money, it’s utterly nonsense yet if someone takes the time to explain the reality of life to him, he literally does not want to hear it.

          • Ram Kishore

            Yeah u r right.. Especially the financial accounting standards..
            We had a sizeable budget but that got spoiled by our bad luck in 15/16 yet they continually blame Ashley which makes me wonder why and the size of sum he’s loaned why would he do that if he wants to sell the land according to leazes….
            Jezza is just the way u said..
            Now they dont want to accept the figures and have started saying cooking the books..
            I feel like they are being ridiculous at times..
            Anyways
            Whom do u want to be the first successful business man?😂

            I think u could write a summary about the accounts released and send it to the Mag..

          • Dont stop bobbi fleckman

            I’m selfish, I’d like to be the most successful!!!!

            I’ll do a summary at the weekend, I’ll let you know it’s been sent and we’ll see if it’s published.

      • Fireman Sam

        Really, do you think I cheated?

        • Dont stop bobbi fleckman

          Either that or you’ve forgotten a lot of it.

        • Dont stop bobbi fleckman

          I’d have thought you’d need to count all overheads i your Break even calculation.

  • Fireman Sam

    The chronicles article today on the accounts could have been written by Keith bishop himself!