NUFC Blog

Newcastle's average weekly wage goes public - 10 key findings from 2022/23 accounts

by Olly Hawkins · 11 January 2024, 18:27
Newcastle's average weekly wage goes public - 10 key findings from 2022/23 accounts

Newcastle United have released results for the 2022/23 financial year. As ever with club finances, there's a lot to take in, so we've picked out 10 key takeaways from the published accounts.

Here's some of the key findings - including confirmation that our average weekly wage is now £94,600 - but keep in mind that the latest accounts do NOT include Champions League prize money, the lucrative Sela sponsorship deal or forthcoming deal with Adidas; our new kit supplier for the 2024/25 season onwards:

  • Revenue up to £250m; almost a 40% increase (for the second year running)
  • Revenue a £70m increase on last year (does not include Champions League prize money)
  • Amortisation on players has gone up to £89m (increase of £38m on last year)
  • £73.4m loss for the 2022/23 financial year
  • Wages up 10% to £187m
  • Average weekly wage now £94,600
  • Player signings - £153m
  • Player sales - £3m
  • Squad cost up 33% to £472m
  • Funding £127m from new shares and £50m from loans




Image

Latest NUFC News