Deloitte Football Money League 2019 reveals Newcastle United are 19th ‘richest’ in the World – Yet rely on loans and free transfers
The Deloitte Football Money League 2019 has just been published.
Thursday (24 January 2019) seeing the football finance experts reveal which clubs in the World generate the most money.
The report covers the 2017/18 season, with Deloitte having access to the figures from every club, despite many clubs not having published their accounts as yet for that campaign.
Newcastle United of course take things to extremes, the full accounts were not available to see at Companies House for the 2016/17 season until AFTER last season (2016/17) had actually ended.
So it is anybody’s guess how late Mike Ashley will leave it this time, considering how less than keen he will be for Newcastle fans and the media to see what as happened to te money generated by the club. Ashley happy to accept the fine for publishing NUFC accounts later than they are legally supposed to.
The big news at the very top of the Deloitte Football Money League 2019, is that Real Madrid and Barcelona have overtaken Manchester United.
However, far bigger news, at least for Newcastle fans (and Mike Ashley…) is that Newcastle United are 19th in this newly published list.
Only 18 other clubs, in the entire world, generated more money in the 2017/18 season than Newcastle United.
The Magpies generating £178.5 (€201.5m) in revenues.
The Deloitte Football Money League 2019 – Top 20 (totals in euros):
As you can see, as well as only 18 clubs in the entire World generating more money, only seven Premier League clubs saw more money come in than Newcastle, these being the obvious six (Man U, Man City, Liverpool, Spurs, Arsenal and Chelsea) and the only other one is Everton with £188.6m, £10.1m more than NUFC.
Despite these revenues in 2017/18, and the guarantee of at least the same the following season (2018/19), Mike Ashley refused to give Rafa Benitez a transfer budget in the summer 2018 window, the manager forced to sell players in order to buy and even then Ashley insisted on making a £20m+ profit on deals in and out.
This has been followed by a further refusal to allow Rafa Benitez to bring in any players so far in January, despite being deep in relegation trouble.
With only seven days remaining of the January transfer window to go, this Deloitte Football Money League 2019 couldn’t have arrived at a better time, exposing the shameful way Mike Ashley is treating Rafa Benitez, the football club and of course, the supporters.
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