Skip to main content

How much did Newcastle lose from Champions League exit?

While it is impossible to calculate the exact figure Newcastle’s elimination has cost them financially given the TV payments are changeable and determined by several factors, at the very least they have foregone an additional £12m to £15m.

Newcastle, meanwhile, were 12th in the Premier League for broadcast revenue in 2021-22, receiving £124m, barely half of Manchester City’s for that campaign. Newcastle’s broadcast revenue will have risen for 2022-23 (their accounts have yet to be released) given their fourth-placed finish and the volume of their matches that were televised, but it will still be significantly lower than English clubs who were in the Champions League last season.

Football finance guru Kieran Maguire estimated that, by even reaching the Champions League, Newcastle’s revenue would increase by “minimum £30m”.  For even featuring in the group stage, clubs receive €15.6m. Newcastle also registered a win against PSG, as well as draws in Milan and Paris.   Newcastle therefore accrued £17.46m in prize money, while they will likely receive a similar figure on top of that from their allocation of the broadcast revenue.   Then there were the three sold-out home fixtures in the group stage, worth several million to the club in matchday revenue.

What they could have  earnt from the Europa League

By dropping into the Europa League, Newcastle would have received €500,000. Progression to the round of 16 is worth €1.2m, to the quarter-finals it is €1.8m, to the semi-finals it is €2.8m, and to the final it is €4.6m. The winners also receive an additional €4m.

Newcastle would also have generated additional matchday revenue from playing at least one further home match in Europe.

So finishing third in Group F and qualifying, as opposed to fourth and not qualifying, would have been worth at least a few million to Newcastle, quickly rising to an eight-figure sum if they had progressed further in the Europa League.

Labels:

Comments

Post a Comment

Popular posts from this blog

Fulham requires big funding from owner

After lengthy delays, Fulham’s shiny, new Riverside Stand has finally opened, creating “a unique Thameside destination with first class facilities for supporters and partners on match days, as well as for the wider community year-round”. This ambitious project has increased Craven Cottage’s capacity by around 4,000 to 29,600, while it has also taken advantage of the club’s fantastic location and wealthy catchment area by including two Michelin star restaurants, a rooftop swimming pool, corporate hospitality and event space, all benefiting from views of the Thames. Chief executive Alistair Mackintosh observed, “Fulham is the sort of club that can have a business class or first class and have fans that turn left on a plane.” Indeed, there is also an exclusive members club – with a football season ticket as an optional extra. It’s fair to say that “the times they are a-changing”, as this is a long way from the traditional pie and a pint. However, in a world where clubs face the tw...
Post a Comment
Read more

Threat of financial calamity removed from Baggies

West Bromwich Albion had effectively been in decline ever since the club was sold to a Chinese consortium in August 2016, paying a figure north of £200m to buy former owner Jeremy Peace’s stake. Controlling shareholder Guochuan Lai’s ownership was fairly disastrous for the club, but his unloved tenure finally came to an end after Bilkul Football WBA, a company ultimately owned by Florida-based entrepreneur Shilen Patel and his father Dr Kiran Patel, acquired an 87.8% shareholding in West Bromwich Albion Group Limited, the parent company of West Bromwich Albion Football Club. This change in ownership was urgently required, due to the numerous financial problems facing West Brom, including growing high-interest debt and serious cash flow concerns, following years of no investment from the former owner. Indeed, West Brom’s auditors had already rung the alarm bell in the 2021/22 accounts when they cast doubt on the club’s ability to continue as a going concern without making player s...
1 comment
Read more

A poor financial record, but new hope at Everton

I recently saw an amusing video online in which a group of Everton fans were rebuked in jest for being hopeful.  Football fans in general tend to swing between excessive optimism and excessive pessimism, but for many it seems that moaning is in their bloodstream (Spurs fans probably take the trophy).  However, Everton fans have had plenty to moan about on and off the pitch.   Let’s hope that a new era is about to begin for this grand old club. Everton’s 2023/24 financial results covered a fairly momentous season, when they ended up 15th in the Premier League, though they would finished three places higher if they had not received an 8-point deduction for breaching the Premier League’s Profitability and Sustainability Regulations (PSR). It was a worrying time for Everton fans, as the club faced a “perfect storm” of issues, including large financial losses, an ever increasing debt burden, a challenging stadium build and the tortuous sale of the club. There were eve...
Post a Comment
Read more