- Club made overall post-tax loss of £73.4m in year to June 2023
- CEO admits move away from St James’ Park could be considered
Newcastle accept they may have to sell one of their star players this summer as they strive to remain on the right side of the Premier League’s profit and sustainability regulations.
Although the club’s latest accounts revealed a loss of £155m over the past three seasons – ostensibly in excess of the £105m PSR limit – it is understood that money invested in the women’s team, charity foundation and academy can be removed from the deficit, leaving Newcastle on the right side of the law.
Continue reading…Club made overall post-tax loss of £73.4m in year to June 2023CEO admits move away from St James’ Park could be consideredNewcastle accept they may have to sell one of their star players this summer as they strive to remain on the right side of the Premier League’s profit and sustainability regulations.Although the club’s latest accounts revealed a loss of £155m over the past three seasons – ostensibly in excess of the £105m PSR limit – it is understood that money invested in the women’s team, charity foundation and academy can be removed from the deficit, leaving Newcastle on the right side of the law. Continue reading…