The British media chroniclelive wrote that Newcastle is in the midst of a profound financial change. The club aims to achieve annual revenue of more than 400 million pounds in the new season. If this grand blueprint is realized, it will provide the...
The British media chroniclelive wrote that Newcastle is in the midst of a profound financial change. The club aims to achieve annual revenue of more than 400 million pounds in the new season. If this grand blueprint is realized, it will provide the team with huge financial support in the future transfer market.
According to former CEO Darren Eales, thanks to the return to the Champions League and the great success of commercial operations, the club's annual revenue will soar from 140 million pounds in 2021 to "well over 400 million pounds." This leap is mainly due to a series of wise decisions made by the Saudi consortium after taking over, including re-cooperating with Adidas and developing the fan zone (the STACK bar made a profit of 1.5 million pounds last Christmas). This level of income is expected to make Newcastle's ranking in the football rich list jump significantly from 15th to close to the top ten.
The healthy financial situation also brings positive signals to the upcoming winter transfer window. Sources have hinted that the club "have money to spend" in January if head coach Eddie Howe has his choice, although it is currently believed that the team will not need "major surgery".
According to reports, the club is still continuing to investigate Crystal Palace center back Mark Gueye, and his price tag in January may be 25 million pounds. It is worth noting that the club was forced to sell youth training gem Elliot Anderson for 75 million pounds in the summer of 2024 due to the need to comply with financial fair play rules to fill financial holes. This also highlights the importance of an improved financial situation today.
In order to further expand financial resources, the club also hired new CEO David Hopkinson, who is known for promoting large contracts. His resume in the North American sports world and Real Madrid has made the outside world full of expectations for Newcastle to sign huge sponsorship deals such as training ground or stadium naming rights in the future.
