Ex-City Legal Finance Guy Borson talk about NUFC money

[Ragatino]

Head lin

Newcastle posted a record-breaking revenue last season after their turnover increased from ?250million in 2022-23 to ?320million, while their losses before tax fell dramatically from ?72million to ?11million across the same period.

Superb financial controls.


"The Champions League could be worth a lot more than it was last season for Newcastle. So, last season they only made ?30million from Uefa. They obviously had three home games as well, but now it?s a more lucrative tournament.

?You have almost certainly got five home games, with that fifth game being either a play-off because you finished in the top 24 or alternatively you?re actually in the round of 16, so you?re going to get five games.

?You are going to get close to ?80million, so it?s very lucrative before paying away certain additional costs like all the travel costs, bonuses and all the increasing salaries.

?There are things that cut across it at the cost level, but it?s very lucrative and far more lucrative than it was the first time around.?

https://www.footballinsider247.com/n...stefan-borson/

[toptoon]

Tremendous.

[Ragatino]

Tremendous.

Certainly is topsterinho.

It's clear that the tables have turned from this time last year. We have the advantage financially.

The Red filth's financial situation is backpage news. They have to ditch all their failures to generate cash. The issue is an exponentially larger version of the situation we had under Cashley.

The players on long contracts with massive salaries.

Players that have been stealing a living like Antony, Sancho, Rashford, Garnacho all believe they are world class & deserve the hugely inflated salaries are justified.

The salaries match their egos. They don't correlate to the actual ability and output of the players on the pitch. The numbers dont lie. Simply put, they aren't value for money in this current financially restrictive world of football transfers. In each case there are better options for lower transfer fees on lower salaries in the market.

Villa's profit to salary ratio is around 90-95%. To play in UEFA competitions a club's Profit to Salary ratio can not exceed 70%.

So they have to have a fire sale by the end of June or get hit with fines and possible points deductions.

Also keep in mind, Man City's APT mkII case verdict is due any day now. That is concerning the interest free loans owners have paid to clubs.

That verdict will mean that Liverpool, Arsenal will face the fact that their loans will count against their PSR calculations. between 175-300m will be added to their costs. That will have a huge impact on their ability to spend. Also, they'll most likely have to turn those loans into shares to potentially avoid the worst of the financial hit.

It's all very much a case that all the rules they've brought in to impede and restrict Newcastle United from becoming a powerful and serious contender are backfiring. The controls they thought would protect them against us, are actually hurting them.

Hubris indeed.