Newcastle United FC: a turnover of £320.3m (+28%) & net loss of £11.1m in 2023-24

Newcastle United FC (Premier League) posted a turnover of £320.3m (€378m as of 30/06/2024) for the financial year 2024 (01/07/2023 to 30/06/2024), up 28% on 2023 (£250.3m/€290.1m), according to the club's financial results published on 04/03/2025.

"The improved result was driven mainly by revenue growth from Newcastle United's participation in the Champions League and profits from transfer dealings" as well as "90% and 32% increases in commercial (from £43.9m to £83.5m) and matchday (from £37.9m to £50.1m) revenues respectively," said the club.

"Since the end of the accounting period, the ownership group led by PIF has continued to invest capital into the club to improve the financial position of the business. This continued investment is consistent with the shareholders' approach of long-term, patient investment," added the club.

The Public Investment Fund (PIF, Saudi Arabia's sovereign wealth fund) and RB Sports & Media, a private equity fund based in England, increased their stakes in NUFC as part of a "change in ownership structure" in July 2024. The two parties, who had acquired…