Just look at where Newcastle United rank in top Broadcasting Revenue in The World table – Yet no money?
Figures have been published showing the football clubs who have the greatest broadcasting revenue in the World.
The excellent Swiss Ramble (a Swiss based English bloke who collates information and writes great pieces on the business of football) has produced a table of the top earning clubs around the globe.
The football finance expert producing the table as part of a feature on Atletico Madrid.
The La Liga club have the 13th highest broadcasting revenue in the World for the (last) 2017/18 season.
In total, the successful Spanish club banked in total 158m euros (£140m).
Whilst Newcastle United are actually the 14th highest in the world with 143m euros (£126.4m) when it comes to broadcasting revenue.
This is the Swiss Ramble table:
However, as you can see, the devil is in the detail.
Newcastle United are actually the highest club in the table who didn’t get any TV/Broadcast money from European football last season.
Atletico Madrid only banking 110m euros (£97m) and getting their other 48m euros (£43m) due to Champions League involvement.
When it comes to money from domestic TV cash alone, there are only nine football clubs in the entire World who received more cash than Newcastle United, including Everton who were only a couple of million higher.
This all just rubber stamps the craziness where the media triumph the signing of Miguel Almiron as something extraordinary.
Four transfer windows after promotion and at last Rafa Benitez is allowed one signing who costs more than £10m. It should only viewed as something extraordinary because of the ridiculous way Mike Ashley has refused to allow the club’ own revenues to be invested in the squad, leading to it taking 14 years for the club’s transfer record to be broken.
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