Newcastle United boost turnover by 30 per cent – but still make a loss

Newcastle United’s return to the Champions League boosted turnover by almost 30 per cent last season, easing concerns over long-term compliance with the Premier League’s financial rules. The Magpies reported a loss of £11.1m but that still represented a £60m improvement on the previous year, thanks to revenue growing from £250.3m to £320.3m. Participation in [...]